Ex-Google CEO Snags Iconic 56,500-Sq-Ft Estate at a Discount—Here’s What It Comes With
Eric Schmidt, the billionaire former CEO of Google, has officially entered L.A.’s mega-mansion club — closing a jaw-dropping $110 million deal for the iconic Spelling Manor, one of the most storied estates in American real estate history.
According to the Wall Street Journal, Schmidt and his wife, Wendy Schmidt, secured the ultra-luxurious Holmby Hills property in a secretive transaction that quietly made headlines this week.
And yes — that’s the same sprawling estate once owned by TV royalty Aaron Spelling, and later fashion heiress Petra Ecclestone.
🏰 A Mansion Built for TV Royalty
Originally built in the 1990s by television titan Aaron Spelling (producer of Beverly Hills, 90210, Dynasty, and Charmed) and his wife Candy Spelling, the home is more than just a residence — it’s a Hollywood landmark.
The Specs:
- 56,500 square feet
- 14 bedrooms
- 27 bathrooms
- Sits on 4.7 acres in the exclusive Holmby Hills neighborhood
That’s not a typo — 27 bathrooms. That’s more than a small hotel.
🎯 Schmidt Bought It at a “Discount”
While $110 million is nothing to sneeze at, the purchase actually marks a $10 million discount from what the home last sold for in 2019 — when Petra Ecclestone offloaded the property for $120 million in one of L.A.’s biggest-ever real estate deals.
Even more impressive? Petra originally snagged the home in 2011 for $85 million from Candy Spelling herself and then reportedly poured tens of millions into gutting and upgrading the interiors.
Talk about luxury flipping on another level.
🛁 The Amenities Are Wild
Forget a pool or a home gym — this place has its own beauty salon, tanning room, massage parlor, bowling alley, and even a wine cellar fit for royalty.
Need a party venue? The estate also includes a dining room large enough to seat 100 guests, multiple kitchens, a screening room, and lavish formal gardens that rival Versailles.
Oh, and did we mention the gift-wrapping room? Because, of course.
🏙️ Schmidt’s Expanding Empire
This is hardly the first mega-property in the Schmidt portfolio. The power couple owns lavish real estate all over the U.S. and abroad — including homes in:
- New York City
- Washington, D.C.
- London
- Miami Beach
- San Francisco
- Nantucket Island
- Montecito (neighboring Oprah, Harry & Meghan)
But according to sources, the Schmidts plan to use The Spelling Manor not as a private residence, but as a space to host high-profile nonprofit events and business meetings.
With 56,000+ square feet to play with, they’ve got room for a little bit of everything — and then some.
🔑 About the Broker
The sale was handled by top-tier luxury agent Drew Fenton of Carolwood Estates, known for his exclusive roster of celebrity clients and record-breaking high-end sales.
While the deal was conducted privately, the buzz around the new ownership quickly spread through elite L.A. circles this week, with many insiders calling it one of 2025’s most intriguing off-market moves.
👀 A Piece of Real Estate History
The Manor isn’t just a home — it’s a piece of Hollywood folklore.
From the Spellings’ opulent parties to Petra Ecclestone’s modern revamp and now Eric Schmidt’s tech-meets-philanthropy vision, the estate has shifted from old money to new, and now to powerful tech billionaires who are reshaping what L.A. luxury really looks like.
As the city continues to attract ultra-wealthy buyers from every corner of the globe, Schmidt’s purchase is a clear sign that The Manor still reigns supreme as one of the most prestigious addresses in the U.S.
💬 What Do You Think?
Would you drop $110 million for a home — even if it came with its own bowling alley and wine cellar? And should the iconic Spelling Manor be used for charity work, or should it stay in the Hollywood family?
Sound off in the comments — and stay tuned to The Pop Radar (TPR) for more celeb real estate bombshells.
