The largest private residence in Los Angeles just became the most expensive home in America

A mansion known only as "The Manor" has just become America's most expensive home, boasting a $200 million price tag.

Built in 1991 on five acres of land in the Holmby Hills section of Los Angeles, the house is a staggering 56,500 square feet and has 123 rooms, including seven bedrooms and a service wing. The listing refers to it as the largest residence in Los Angeles.

To get a handle on just how big that square footage number is, the average new home completed in America is 2,392 square feet, according to the 2010 Census.

The home is also equipped with a swimming pool, formal garden, and 100-car parking lot, according to the Wall Street Journal. The grand entrance has a circular driveway with a fountain in the middle and, inside, 30-foot high ceilings.

There's a bowling alley, a wine cellar and tasting room, and a full beauty salon complete with tanning and massage rooms. The kitchen count hovers around five. A 7,000-square-foot master suite comes with its own kitchen and living room and "a two-level closet connected by a pair of staircases," according to the WSJ. There's also a gift-wrapping room that has often been poked fun at in media.

The mansion has a long pedigree, as it was previously owned by Candy Spelling, widow of late producer Aaron Spelling. Spelling listed the property for $150 million in 2008.

It was eventually sold to Petra Stunt, the daughter of Formula One racing billionaire Bernie Ecclestone, for $85 million in 2011. Stunt had tried to offload the property for $150 million in 2014, but a report says she declined a matching figure in 2015.

It's now back to a price that blows all of the previous high numbers out of the water. The $200 million listing price makes it the most expensive home in America, replacing the Playboy Mansion, which ended up selling for $100 million after being listed for double that. Two homes - one in Florida, the other in California - are currently listed for $195 million, falling second to Stunt's Holmby Hills home.

Rick Hilton and David Kramer of Hilton & Hyland have the listing.