Eric and Wendy Schmidt bought The Manor, Aaron Spelling’s former Holmby Hills estate, for $110 million in 2025. The property had reportedly been offered at $137.5 million. Coverage said the buyers planned to use it for nonprofit and cultural events and remodel it for a simpler floor plan and improved energy efficiency; those were reported plans, not confirmation that work has been completed.
Who bought Spelling Manor, and how much did it cost?
Eric and Wendy Schmidt paid $110 million for the estate, known as The Manor or Spelling Manor. The Real Deal reported that the sale was recorded in the MLS on the Thursday before its August 1, 2025, report. Realtor.com also reported the $110 million transaction. The sale price was $27.5 million below the reported $137.5 million asking price. The Real Deal and Realtor.com covered the transaction and listing.
Where is the mansion, and what is its scale?
The estate is at 594 South Mapleton Drive in Holmby Hills, Los Angeles. It was built for television producer Aaron Spelling around 1990. Realtor.com’s 2019 account described the house as 56,500 square feet, with 123 rooms, 14 bedrooms and 27 bathrooms. Those figures are that report’s description; counts vary somewhat across coverage. Realtor.com’s 2019 report provides the room and bedroom figures.
Realtor.com’s 2025 coverage describes the property as occupying almost five acres and lists amenities including a bowling alley, wine cellar, beauty salon, library, screening room and gift-wrapping room. That report details the estate’s features.
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What is the mansion’s sale-price history?
| Year | Reported event | Price |
|---|---|---|
| 2011 | Candy Spelling sold the estate to Petra Ecclestone. | $85 million, as reported by Realtor.com in 2019. Source |
| 2019 | Ecclestone sold the property. | $119.75 million, reported by Realtor.com in 2019. The outlet described it at the time as the most expensive residential deal in Los Angeles County; that is a historical claim, not a current record. Source |
| 2025 | The estate was listed at $137.5 million, then sold to the Schmidts. | $110 million sale price, reported by Realtor.com. Sale report; price and listing report |
Realtor.com said the estate had been on the market for several years and had undergone multiple price cuts. The reported comparison between the 2025 sale and the 2019 transaction is nominal: it does not account for inflation, renovation spending, carrying costs or an independent appraisal. Realtor.com’s 2025 coverage gives the asking price and prior-sale context.
What are the Schmidts reportedly planning to do with it?
People familiar with the transaction told the outlets that the Schmidts primarily intended to host meetings and events for Los Angeles nonprofits and cultural institutions. The same reporting said they planned to simplify the floor plan and improve energy efficiency through a remodel. These intentions were attributed to an unnamed source familiar with the transaction; they are not direct public statements by either buyer or evidence that the renovation or event use has taken place. Realtor.com and The Real Deal’s account describe the reported plans.
What happened to Aaron Spelling’s house after he died?
After Aaron Spelling died in 2006, his widow, Candy Spelling, put the home on the market. Realtor.com’s 2019 history says it was initially offered for $150 million before selling to Petra Ecclestone in 2011 for $85 million. Ecclestone later sold it in 2019 for $119.75 million. Realtor.com’s property history recounts the earlier listing and 2011 sale; its 2019 report gives the later price.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Why was a fraudulent deed mentioned in the sale coverage?
The Real Deal’s 2025 article said the seller’s legal filings described a fraudulent deed recorded with Los Angeles County in 2024 and a months-long effort to correct the issue. That account reports the seller’s claims in legal filings; it should not be read as an independently established court finding. The Real Deal did not publicly identify the seller in its account. The Real Deal’s report describes the filings.
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