Her new home would be on the doorstep of Hollywood and close to the fashion
shopping mecca of Rodeo Drive. It would also have significantly more parking
space than Chelsea, with room for 100 cars.

The property, which is called “The Manor,” also features a barbershop, a wine
tasting area, several gift-wrapping rooms, a flower-cutting room and a
silver storage room with specially controlled humidity.

There is also a tennis court, a koi pond, a citrus orchard, the obligatory
swimming pool, and the “Prince Charles suite” where the heir to the throne
once stayed.

It is being sold by Candy Spelling, widow of Hollywood producer Aaron Spelling
who died in 2006. He was behind television shows including Dynasty,
Charlie’s Angels, Starsky and Hutch, and Beverly Hills 90210.

Mr Spelling completed building his dream home, on what used to be Bing
Crosby’s estate, in 1991. It includes a main staircase reminiscent of the
one used in Dynasty.

His widow once described it as the “greatest entertainment house ever” with a
“kitchen where you can cook for two or 800.” Representatives for Miss
Ecclestone and Mrs Spelling have declined to comment.

The highest known price paid for a family home in the US so far is $100
million (£61 million) by Russian entrepreneur Yuri Milner, who purchased a
property in Silicon Valley earlier this year.