facebook
twitter
search
search

Versace mansion set for auction

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

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.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Top Stories
Why the fake braces trend may be dangerous for users
Jared Leto 'stopped eating' for his 'Dallas Buyer's Club' role
Kelly LeBrock arrested for DUI
Gisele Bundchen, Tom Brady drop $14M on Manhattan home
Brandi Brandt faces drug charges in Australia