Petra Ecclestone and Sam Palmer reveal why they are putting their palatial £31.5 million Los Angeles mansion on the market just two years after buying it
As a billionaire's daughter, Petra Ecclestone might expect to have a 'forever home'.
Instead, the Formula 1 heiress is apparently condemned to life on the move.
'We do projects – we design homes then sell them,' explains her husband, Sam Palmer, who has put their LA pad on the market for £31.5 million.
Sam, 40, and Petra, 36, bought the house, which has seven bedrooms and an infinity pool, two years ago for £23 million. 'We're staying in LA,' he adds. 'We love it here.'
Petra and Sam, who is an estate agent specialising in 'off market luxury property' look set to make a healthy profit on the sprawling seven-bedroom, 13,500sq ft mansion which was built by Emily White, a former Snapchat executive, and her financier husband Bryan Kelly, meaning it was never on the market.
Back in January Petra confirmed the home miraculously escaped the raging bushfires that have caused mass destruction across Los Angeles.
Sam previously admitted they were 'praying for a miracle' as the fire tore across upscale Pacific Palisades, a stone's throw from their palatial £30million home in Brentwood.
Petra and Sam, who is an estate agent specialising in 'off market luxury property' look set to make a healthy profit on the sprawling seven-bedroom, 13,500sq ft mansion
In the midst of the fires the family fled their property, initially relocating to the Beverly Hilton Hotel before leaving the city.
Engaging in a question and answer session with followers Petra later admitted they were thankfully out of danger, and their home was intact.
She wrote: 'Safe and evacuated from the fires... the most scary and surreal thing I have ever had to have gone through.
'We are so grateful that for now our home is still standing for now. Thoughts and prayers for all our friends who lost their homes.'
Petra also revealed the schools her children attend had been burned during the blaze, which reduced much of the Palisades to rubble.
Asked if the fires had affected her home or area, she added: 'Yes... my children's schools have been and we live next to the Palisades, which to me was one of the best and most beautiful parts of Los Angeles... a lovely community full of amazing families... still does not feel real. Praying for Los Angeles right now.'
Confirming the family were no longer in Los Angeles, she wrote: 'We left luckily after being in the middle of it all... so grateful to be safe.'
Petra and Sam tied the knot in July 2022, enjoying a lavish ceremony at the F1 heiress's £170 million London mansion.
The couple share daughter Millie, three, together and Petra's daughter Lavinia, 11, and twin boys James and Andrew, eight, from her marriage to ex husband, James Stunt.
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