Here's what happens when billionaires buy a 'fixer-upper'MLS.com Sold for US$85 million in 2011, this 5,250 square meter French Chateau-style residence has been updated and is back on the market at US$200 million. We've all heard a story about clever folk who bought a run-down property, updated it, and then sold it for a spectacular profit. But when the fixer-upper property was originally purchased for US$85 million, and it's now listed at US$200 million, that's a bit more unusual. MLS.com A large space that once housed Candy Spelling's famous doll collection is now a fully equipped spa. According to a 2012 article in CurbedLA, she hired 500 workers to undertake a nine-week transformation, which included turning the former doll collection room into a spa with a massage parlor, two mani-pedi chairs and three hair stations.

Source: Stuff October 10, 2016 01:56 UTC