A perfect time to list this one

April 2, 2009
Matt Isleib

 

 

Candy Spelling widow of the late famed producer Aaron Spelling place “the manor” located in the exclusive Holmby Hills neighborhood of California for sale and listed the property for $150,000,000. The largest home in Los Angeles County sits on nearly 5 acres and encompasses a massive 56,500 square feet.

 

An excellent strategy is to list a home that without searching internationally I think is the highest list price on the market in the US by far. Especially when the economy is in the toilet and even the super rich and celebrities are feeling the credit crunch. I would assume that the strategy other than to sell the home is to see if it could make the Guinness Book of World Records for the longest running Real Estate listing? That very well could be. The next highest listing I could find in the area is $65 million. Interesting to see if and what it sells for.