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Versace mansion set for auction

Posted By KATE STANTON, UPI.com   |   July 17, 2013 at 6:06 PM   |   Comments

July 17 (UPI) -- Casa Casuarina garnered international attention in 1997 when Gianni Versace was shot on the front steps of the mansion by a serial killer who went on to commit suicide.

Built in 1930 and purchased by the world-renowned designer in 1992, the 10-bedroom, 23,000 square-foot mansion is headed for auction this September.

According to Forbes, Casa Casuarina was listed as once listed of America's most expensive homes (at $125 million).

Earlier this summer, the extravagantly decorated mansion went into Chapter 11 bankruptcy after former owner, Peter Loftin, tried and failed to turn the home into a profit-making property with a hotel, restaurant and private club.

Loftin brought in several men to help turn the property around, including Scott Rothstein, who is currently serving 50 years in prison for operating a $1.2 billion Ponzi scheme.

Fisher Auction Company, headed by Lamar Fisher, said only buyers who are able to pay a $3 million deposit will be able to participate in the auction.

Casa Casuarina's lucky buyers will be able to enjoy the home's most notorious amenity, a pool lined with 24-karat gold.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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