America's most expensive home hits the market: Bel Air estate owned by a late billionaire media tycoon and was featured on The Beverly Hillbillies goes on sale for $350MILLION

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The sprawling estate owned by late media tycoon Jerry Perenchio that was once the home of The Beverly Hillbillies has become the most expensive property on the US open market.

Perenchio, the former CEO of Univision who died in May at the age of 86, left behind the Bel Air mansion which is now on sale for a huge $350 million.

The lavish home boasts a ballroom, a huge wine cellar, a salon and is connected by elevators and underground tunnels.

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The Bel Air home of late media tycoon Jerry Perenchio has hit the market for $350million, making it the most expensive property on sale in the US

It was built by renowned architect Sumner Spaulding in 1930 for a property developer and his wife.

But the pair didn't move in, so it lay empty until the 1940s, according to Variety.

Media tycoon A. Jerrold 'Jerry' Perenchio died in May at the age of 86

In the 1960s, it was known as the home of the Clampett family on The Beverly Hillbillies. 

The sprawling property was shown in the opening credits and throughout the popular sitcom that ran from 1962 to 1971.

In the first episode, when the Clampetts first lay eyes on their new home, they mistake it for a prison.

They then move in and make themselves at home. 

The estate itself, after the series finished, was also owned by renowned hotelier Arnold Kirkeby before Perenchio bought it in 1986.

The 10.3 acre estate, known as Chartwell, features large gardens, a 75ft swimming pool, a tennis court and an underground carpark for 40 cars. 

There are five properties on the entire estate, including the longtime residence of Ronald and Nancy Reagan.

Perenchio bought the former first couple's property for $15million in June 2016. 

His estate boasts impressive views of downtown Los Angeles over the treetops at the edge of the estate.

Perenchio made his name as a talent manager, working with artists including Andy Williams, Johnny Mathis and Sergio Mendes in the 1960s.

He also worked as a sports promoter before a successful television career with Tandem Productions, producing well known TV hits including All in the Family and Sanford and Son.

His film production credits include Blade Runner and Driving Miss Daisy, and his Embassy Pictures company sold to Coca Cola for a cool $485 million in 1985.   

The 10.3 acre estate, known as Chartwell, features large gardens, a 75ft swimming pool, a tennis court and an underground parking garage which is believed to have enough room for up to 40 cars 

The lavish home boasts a ballroom, a huge wine cellar, a salon and is connected by elevators and underground tunnels

The enormous property also boasts impressive views of downtown Los Angeles over the treetops at the edge of the estate

The property was built by renowned architect Sumner Spaulding in 1930 for a property developer and his wife. But the pair didn't move in, so it lay empty until the 1940s. It has grown massively since then

There are five properties on the entire estate, including the longtime residence of Ronald and Nancy Reagan (above). Perenchio bought the former first couple's property for $15million in June 2016

The property also featured on The Beverly Hillbillies. It was shown in the opening credits (above) and was shown throughout the popular sitcom that ran from 1962 to 1971

When the Clampetts first lay eyes on their new home in the first episode, they mistake it for a prison

The Clampetts moved into the property on the popular show and made it their own after the first episode