Liberace’s Former Las Vegas Mansion Sells for $500K

Las Vegas, Nevada, United States

It only took a few months for the mansion once owned by entertainer Liberace to find a new owner.  The unique residence came onto the market in June with a deeply discounted asking price of $529,900.  Liberace lived in the nearly 15,000 square foot, 2 bedroom, 10 bathroom home until his death in 1987.  Following his death the home was sold by his foundation to a married couple.  The home then exchanged hands again in 2006 when it was sold for an inflated $3.7 million.  The property fell into foreclosure in 2010 and was seized by JPMorgan Chase.  The Huffington Post reports that the new owner, reportedly a HUGE fan of the performer, purchased the mansion for just $500,000.  The buyer is identified as 50 year old Martyn Ravenhill from Guildford, United Kingdom.

The home is said to include a ceiling adorned with a $1.6 million reproduction of Michelangelo’s painting at the Sistine Chapel according to The Daily Mail, a spiral staircase which cost $75,000 to transport from France, and a Moroccan room covered with $350,000 of copper tiles according to GetSurrey.  The new buyer told GetSurrey, “As we were walking around I already knew that I had to buy it to mark my 50th birthday.  I have come to the realisation that you have to do things while you can and seize the moment.”