Famed Spelling Manor in Los Angeles Lists for $230 Million
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Famed Spelling Manor in Los Angeles Lists for $230 Million

The White House-sized Los Angeles megamansion is back on the market.

By V.L. Hendrickson
Mon, Feb 21, 2022 6:21amGrey Clock 2 min

The White House-sized Los Angeles megamansion known as the Spelling Manor has splashed back onto the market for $230 million, over 25% more than it sold for in 2019.

Created in 1990 for late TV producer Aaron Spelling—whose shows included “Charlie’s Angels” and “Beverly Hills, 90210”—and his wife, Candy, the palatial French Chateau-inspired home sits on more than 4.5 acres in the city’s affluent Holmby Hills neighbourhood. It clocks in at more than 5202sqm, and “offers every amenity imaginable, from bowling alleys to beauty salons, rolling lawns to rose gardens, a legendary library to the professional screening room,” according to Friday’s listing with Jeff Hyland and Drew Fenton of Hilton & Hyland.

The 14-bedroom, 27-bathroom residence last sold in 2019 after four years on the market. The approx. $167 million sale set a record at the time for the priciest property in Los Angeles, according to reports. That number was smashed only months later, and again two years ago when Jeff Bezos bought David Geffen’s Beverly Hills mansion for approx. $235 million.

British heiress Petra Ecclestone, the daughter of Formula One billionaire Bernie Ecclestone, sold the property in 2019, for an $110 million discount from its original asking price. It was sold to an unidentified Saudi Arabian buyer, The Wall Street Journal reported.

Ms. Ecclestone oversaw a massive renovation with Gavin Brodin, an L.A.-based designer-builder, who employed more than 500 workers, according to The Wall Street Journal. She created a beauty salon in the room where Ms. Spelling housed her enormous china doll collection, but Ms. Ecclestone preserved Aaron Spelling’s film editing room behind the screen of the movie theater, complete with his hand-written notes.

Some of the other features of the home include a foyer with 30-foot ceilings, a statement chandelier and an imperial staircase with wrought-iron railings; a formal dining room with room for 22 guests; a sunroom surrounded by French doors leading to the pool; a wine cellar and tasting room and a 7,500-square-foot master suite.

The property borders the Los Angeles Country Club and is also located near several other well-known estates, including the Playboy Mansion and the Gregory Peck Estate, Mansion Global reported in 2019. Countless events were held at the mansion, with guests including luminaries such as Jacqueline Kennedy Onassis and Prince Charles and Princess Diana.

Mr. Fenton and Mr. Hyland did not immediately return a request for comment.

Reprinted by permission of Mansion Global. Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: Feburary 14, 2022.



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Judge Blocks Effort to Auction Graceland

Family of Elvis Presley was fighting the attempted sale, alleging fraud

By TALI ARBEL
Sun, May 26, 2024 2 min

A Tennessee judge on Wednesday blocked an allegedly fraudulent attempt to auction off Graceland, the former Memphis home of music legend Elvis Presley and a major tourist destination in the state.

Elvis’s granddaughter, actress Riley Keough , says a company that had planned a Thursday sale was fake and trying to defraud the trust that owns Graceland.

Judge JoeDae Jenkins in Chancery Court in Shelby County, Tenn., granted the injunction to stop the auction, according to a court clerk. The court had granted Keough a temporary restraining order on the sale last week.

The auction was initiated by an entity called Naussany Investments & Private Lending. It had filed a public notice for a foreclosure sale in Tennessee, alleging Lisa Marie Presley , Elvis’s only child, defaulted on a $3.8 million loan it made to her. The group said it now owns Graceland because Presley defaulted on the loan.

Presley, Keough’s mother, controlled the Graceland trust until her death in January 2023 . Keough then took over as trustee.

Lawyers for Keough said Naussany’s loan documents are forgeries, and the firm “appears to be a false entity created for the purpose of defrauding” the trust that owns Graceland, Presley’s heirs or any purchaser of Graceland.

Elvis Presley Enterprises, which manages Graceland, has also said Naussany’s claims were fraudulent. “There will be no foreclosure,” said Elvis Presley Enterprises spokeswoman Alicia Dean . “Graceland will continue to operate as it has for the past 42 years.”

Keough’s lawyer declined to comment.

Naussany Investments and Kurt Naussany, named in the complaint as acting on behalf of the entity, couldn’t be reached for comment. A phone number listed in the complaint didn’t work, and emails sent to associated addresses weren’t answered. The Wall Street Journal couldn’t separately find contact information for a Kurt Naussany. A lawyer for the entity couldn’t be identified.

The Graceland complex in Memphis, which includes an exhibition center and a 450-room hotel, attracts hundreds of thousands of visitors annually.

Elvis bought the property in 1957, when he was 22 and an ascendant star. He died in 1977 at the age of 42 and is buried on the Graceland property. Graceland opened to the public in 1982.

Lisa Marie Presley’s mother, Priscilla Presley , reached a settlement in 2023 with Keough over who would control the trust. The settlement came after Priscilla Presley challenged a 2016 amendment to the trust filed by Lisa Marie Presley that removed her mother as trustee.

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11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

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