LA's Most Expensive Mansion Is Cheaper!
The most expensive home in Los Angeles is the Spelling Manor, a 56,000-square-foot home with 123 rooms, two-lane bowling alley, tennis court, pool and five acres built for TV producer Aaron Spelling. The current owner is Petra Ecclestone, a British socialite from the Formula 1 race-car family, who paid $85 million for the home in 2011. She put it on the market two years ago at $200 million, recently reduced the price to $175 million. www.wsj.com