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Bolze Mansion Sells for $1,930,000

Bolze Mansion Sells for $1,930,000

Bolze Mansion Sells for $1,930,000
May 15
13:38 2011

Sold At Auction for $1.93 Million

Update November 2016: Bolze Mansion Destroyed in Gatlinburg, Tenn. Fires, click here to learn more. Situated on an 8.26 acre site, you’d expect this 14,000 square foot estate with incredible views of Mt. Leconte and The Great Smoky Mountains to be owned by some celebrity or successful businessman.  Instead it was the show home of convicted Ponzi schemer Dennis Bolze, who was sentenced to 27 years in federal prison.  His Ponzi scheme netted over $21 million, which was used to fund his life of luxury and his grand mountain estate.  The estate was built in 2006, by Dennis Bolze, and offers high end luxury living including 4 levels, an elevator, extensive custom railings and woodwork, five fireplaces, a spiral staircase that wraps around a tree trunk spanning all 4 levels, home theatre and a custom built 200′ wood automobile bridge which leads to the 4 car garage.  The unique mountain estate was put to auction by the Furrow Auction Company with no reserve and sold to Gary Spiezio for $1.93 million, who owns several rental companies in Sevier County.  Whatever he decides to do with the property, whether it be to rent it or resell it, one thing for sure is that he got an amazing deal.  Reports suggest the homes value could be in the $16 million range.

Worth: $16,000,000
Sold: $1,930,000
Size: 14,000 Sq. Ft.
Bedrooms: 5
Bathrooms: 5+
Specialty Items: Built by Dennis Bolze, 8.26 Acres, Built in 2006, Gated, Views of Mt. Leconte & The Great Smoky Mountains, Five Fireplaces, 4 Levels, Home Theatre, Fish Pond, Custom Built 200′ Automobile Bridge Leading to the 4 Car  Garage.
Address: 935 Campbell Lead Road, Gatlinburg, Tennessee, United States, 37738

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