The famous Casa Casuarina that once belonged to late fashion mogul and founder of couture brand 'Versace', Gianni Versace, has got a huge price chop and been listed for $75 million. The mansion previously debuted in the market with an asking price of $125 million sometime in 2012.
Located in Miami, the Casa Casuarina is one of the most elaborate mansions of the country. It was only an ailing apartment building when Versace purchased the structure in 1992 for $2.9 million. He then renovated the place to its current glory, spending $33 million on it. The mansion is now used as a boutique luxury hotel but is also available as a "single-family-home" purchase, reports Forbes.
The Casa has quite an interesting history. When Versace announced plans of demolishing the place for renovation, the Miami Design Preservation League (MDPL), the same group which has been opposing Leonard and Lisa Hochstein's Star Island home renovation plans, opposed the renovation. After six months of stringent opposition, the demolition plans were finally approved.
And don't be surprised if you find Mr. Versace's ghost flying around in the mansion. Versace was murdered by a serial killer on the doorsteps of the residence in 1997. The killer committed suicide just a week after murdering Versace.
After his death, the manse was put up for auction and purchased by telecom giant, Peter Loftin in 2000. In September that year, the place was converted into a private club and later turned into a boutique hotel.
Built in 1930, the home sits on the waterfront area of Ocean Drive in Miami Beach. The 10-bedroom, 11-bathroom, gated home features a 54-foot long, mosaic pool. The pool is lined with 24-karat gold. The home is stacked with several frescos, elaborate statues and has arched doorways and an open air courtyard.
Check out the photos of the beautiful mansion, here.
Meanwhile, Versace recently released its new collection that includes, miniskirts, cropped tops and lace and zebra print dresses for MEN! Apparently, the collection is all about "the relationship between a girl and a boy, a girl and a girl, a boy and a boy" and is being marketed as "a whole new era", reports Business Standard.
