WEA on Good Morning America

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The word on the high-end realty block is that Formula One heiress Petra Ecclestone is ready to sell the nearly 57,000-square-foot Hollywood mansion she purchased from Candy Spelling in 2011.

Ecclestone, 25, called it a “great investment” when she purchased the 7,000-square-foot master suite home for $85 million three years ago. She is now quietly shopping around the home with an asking price of $150 million, Spelling’s original price before the home languished on the real estate market.

“It’s definitely worth the money and I think someone will buy it,” Kurt Rappaport, a Los Angeles real estate agent who recently sold the nearby Fleur de Lys mansion for $102 million, told ABC News.

Click here to watch the segment on Good Morning America.

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