F1 Heiress - Petra Ecclestone buys America's most expensive home

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	The late TV producer Aaron Spelling’s Los Angeles mansion and 5-acre estate (57,000-square foot) is ranked as America’s most expensive home.The Mansion, which was known as "The Manor," had a listing price of $150 million and has been on the market since 2009, according to the Wall Street Journal.

he Spellings bought the property in the 1980s and after tearing down the existing home, the mansion was rebuilt by Spelling and his wife, Candy, in 1991 in Los Angeles’ exclusive Holmby Hills neighborhood. It was considered the largest residence in Los Angeles county by far at the time.

The mansion is reportedly being sold to 22 year old F1 Heiress, Petra Eccelestone, younger daughter of F1 Boss Bernie Ecclestone. However the amount paid has not yet been disclosed.

She is a fashion designer who launched the now defunct menswear label FORM in 2008. Petra also owns a six-story home in London's Chelsea district, which was purchased for a reported $90.9 million. The heiress is engaged to businessman James Stunt and plans to split her time between London and Los Angeles leading up to their August wedding.

The property sprawls over 5 acres and features more than 100 rooms, a staircase inspired by the sweeping stairway in the film “Gone with the Wind,” and multiple flower-cutting and gift-wrapping rooms.

Candy Spelling, who owned the property had no immediate comment on the sale. In December 2010, she announced plans to downsize and sold a 15,555-square-foot condominium in Century City for $35 million.

Aaron Spelling, who died in 2006 at age 83, was one of Hollywood’s most prolific television producers. His credits included such prime-time series as “Beverly Hills, 90210,” “Melrose Place,” “Dynasty” and “The Love Boat.”