​Versace’s South Miami Mansion Listed For $125 Million

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June 12, 2012

Gianni Versace, who was murdered on the front porch of his mansion nearly 15 years ago, was more than just a famous fashion designer. The large home he lived in was just as fabulous, if not better, and now it’s been listed for $125 million.

At that price tag, it’s the most expensive property on the market in the country. The mansion has over 23,000+ square feet, with 10 bedrooms and 11 bathrooms and Versace’s design and style has been preserved by its current owner, Peter Loftin.

The late Versace purchased the property back in 1992 and invested $33 million to add his personal touch to the estate.  He added a 6,100 square foot south wing and created the villa’s centerpiece — a 54 feet long pool lined with 24 karat gold and adorned with tile mosaics and fresco paintings.  A bit reminiscent of Hearst Castle, the property is as opulent as the designer himself.

Mr. Loftin paid $20 million for the estate shortly after Versace’s death in 2000.  It was his private residence for a number of years.  Then in 2009, he opened up the mansion to the public by transforming it into a boutique hotel and restaurant.  So if you can’t afford the $125 million price tag, you can still book a night at the Villa by Barton G to sample Versace’s legacy before the property changes hands.