Former Google CEO Eric Schmidt Buys $110 Million L.A. Spelling Manor

Former Google CEO Eric Schmidt and his wife Wendy have purchased the iconic Spelling Manor in Los Angeles for $110 million, marking one of the priciest real estate deals in the city this year. The French chateau-style mansion, built around 1990 for TV producer Aaron Spelling, spans approximately 56,500 square feet and features luxury amenities such as a bowling alley, wine cellar, beauty salon, tennis court, and sprawling grounds. Schmidt's acquisition came at a significant discount from the original $165 million asking price, following several price reductions since 2022. The couple plans to use the estate primarily for nonprofit meetings and cultural events, and they intend to remodel the property to enhance its energy efficiency. This purchase adds to Schmidt's extensive real estate portfolio, which includes multiple high-value properties across Los Angeles and other major cities worldwide. The deal was facilitated by Carolwood Estates, which has been prominent in handling some of Los Angeles' most expensive real estate transactions in 2025.