Defining the top of the market: $150 million
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Candy Spelling, widow of producer Aaron Spelling, has listed her Holmby Hills estate for $150 million, reports The Times’ L.A. Now blog. From the Associated Press story:
The widow of producer Aaron Spelling is placing ‘The Manor’ in the exclusive Holmby Hills neighborhood on the market for a jaw-dropping $150 million, making it by far the most expensive home for sale in the U.S.The French chateau-style mansion has 56,500 square feet of space on more than 4.6 acres and is the largest home in Los Angeles County.
Interesting market to be setting the benchmark for the high end. A check of Realtor.com shows the next most expensive listing in the 90049 ZIP Code at $65 million -- for 11,000 square feet of living space.
Wonder how many years this will take to sell.
-- Lauren Beale
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