Downsizing the Holmby Hills Way

The Spelling Residence - "The Manor"

With inflation going through the roof and the monthly cost of household utilities equal to about the cost of a small car, what's a Holmby Hills heiress to do? Well downsize, of course. Which is just what Candy Spelling is doing.

Mrs. Spelling, who owns the largest house in Los Angeles a 123 room - 56,500 square foot mansion has just purchased a little 16,500 square foot pied-a-terre in Century City for a reasonable $47 million or $2,848 per square foot.

It is hard to compare the new and old. Spelling's current home has 11 bedrooms and 16 bathrooms, and then there's the one-lane bowling alley, the gift-wrapping room, a screening room and a doll museum. But what's in store for her new digs is still a question that may tantalize the curious.

I'm sure that the new pad will be magnificent with its 360 views....but personally, I'd rather have the view from the Koenig Case Study House 21.