Gianni Versace Mansion Hits Miami Market for $125 Million

The Gianni Versace mansion in Miami has hit the market for $125 million.

The 10-bedroom, 11-bath home has been owned by telecom entrepreneur Peter Loftin for the last several years. After living in the home until 2009, Loftin turned it into a hotel known as The Villa by Barton G.

Versace bought the home for about $10 million back in 1992 and then added $33 million in improvements including another 6,000-square-foot wing on the home. Loftin purchased the property in 2000 for $20 million.

The oceanfront mansion also includes several artistic upgrades added by Versace when he lived there. One decadent detail: there’s a 54-foot pool lined with 24-karat gold and floor to ceiling mosaics inside.

Source: The Wall Street Journal; Photo: The Villa by Barton G

Like Haute Living Real Estate Network? Join our Facebook page or follow us on Twitter @HLREN.

 

 

Related Posts

The new Hotel Ora & Private Residences, a groundbreaking condominium- hotel development in downtown Tampa at 1101 E. Jackson Street,
This storied property—steeped in celebrity legacy and architectural grandeur—has officially changed hands in a transaction that stands as one of
This jewel offers a sprawling 5573 SQFT space, brimming with high-end touches. Listed by Donna Miller, James DiMartino, & Michael

Latest Posts