Candy Spelling, mom of 'Beverly Hills, 90210' star Tori Spelling, moved from her iconic mansion in Los Angeles to the 8,000-square foot Malibu home over 10 years ago. A friend of Spelling's confirmed to PEOPLE that the home burned down in the still-raging Los Angeles fire.

Tori Spelling’s mom, Candy Spelling, tragically lost her $23 million vacation home in Malibu, Calif., as a result of the Palisades Fire. “I’m in shock and processing this massive loss for our family,” Candy told TMZ on Thursday. “I am beyond grateful for the memories. It was truly a wonderful gift to have.”

Bridges’ rep also tells THR that their Malibu home was located near Candy Spelling’s house, which was also destroyed in the fires. Spelling, mother to Tori Spelling and her brother, Randy, owned the house with her last husband, TV producer Aaron Spelling, for 50 years.

Candy Spelling has tragically lost her Malibu beach house in the devastating California wildfires that have swept through Los Angeles. The 79-year-old widow of late TV producer Aaron Spelling and ...

A look at the celebrity homes that have been burned down by the California wildfires, which have engulfed thousands of acres.

Tori Spelling’s mother lost her $23 million vacation home in California to the Palisades fire. Broadway producer Candy, 79, lived in the palatial property with her late TV and film producing icon husband Aaron Spelling,

as well as widow of their late TV producer father Aaron Spelling — confirmed to PEOPLE that the Malibu, Calif. home has burned down in the Palisades Fire. "It's the house she owned with Aaron for 50 years," Haskell tells PEOPLE. She adds that "Candy is ...