Home / Lifestyle / Google Chief Buys LA Megamansion at Major Discount
Google Chief Buys LA Megamansion at Major Discount
30 Sep
Summary
- Sprawling estate sold for $110 million, significantly below asking.
- Megamansion boasts 123 rooms including 14 bedrooms and 27 bathrooms.
- Former Google CEO Eric Schmidt purchased the lavish property.
Spelling Manor, a vast French château-style mansion, has been acquired by former Google CEO Eric Schmidt and his wife, Wendy Schmidt, for $110 million. This sale occurred in 2025, marking a significant price reduction from its initial listing. The estate originally asked for $175 million in 2018.
The opulent property, often referred to as The Manor, spans over 56,500 square feet and features 123 rooms, including 14 bedrooms and 27 bathrooms. It boasts amenities such as a beauty salon and a bowling alley, and is situated on 4.7 acres bordering the Los Angeles Country Club.
Originally built for TV producer Aaron Spelling around 1990, the mansion was later owned by Formula One heiress Petra Ecclestone. She purchased it in 2011 for $85 million and reportedly invested an additional $20 million in upgrades before listing it for $175 million in 2018. It sold in 2019 for nearly $120 million.
Before its sale to the Schmidts, the property underwent several price adjustments. After Ecclestone's ownership, it was listed for $165 million in 2022, with its asking price eventually falling to $137.5 million before the final transaction. The sale highlights the gap between ambitious asking prices and final sale figures, even for properties with unique features.
