Tags: liberace | home | for | sale | foreclosure

Liberace Home Worth Millions is in Foreclosure, Only Costs $530,000

Thursday, 27 Jun 2013 08:55 PM

By Morgan Chilson

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Liberace’s flashy, decadent lifestyle was as legendary as his music, and buyers wanting a piece of the legend’s world can buy his Las Vegas mansion for just $529,900, according to omg! from Yahoo!.

Liberace-esque touches run throughout the 14,939-square-foot home: a bedroom ceiling with a $1.6 million reproduction of the Sistine Chapel ceiling by Michelangelo; mirrored walls etched with Liberace’s signature; piano-key themes in the tile.

The home is a little run down, and that’s reflected in the price that’s a full $3 million less than was it was worth back when Liberace lived there.

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It’s changed hands twice since the original sale after Liberace died in 1997 from complications of AIDS. Right now, the home is in foreclosure and owned by JP Morgan Chase bank, which is only taking cash offers, according to The Daily Mail.

A replica of the house was featured in HBO’s “Behind the Candelabra,” a movie featuring Michael Douglas and that’s brought Liberace a resurgence in popularity.

Located on half an acre of land, the mansion has five fireplaces, 10 bathrooms, but oddly enough for its size, only two bedrooms. A wrought-iron gate at the front sports Liberace’s signature “L.”

For the price, which works out to about $35 a square foot, it’s being called a steal by Las Vegas Realtors.

One of Liberace’s neighbors told Vegas’ Fox5 that he has good memories of when Liberace lived there.

"He was very personable,” Mark Lunn told the TV station. “He never had a bad word to say to anybody. He would get dressed in his costumes and drive straight to the stage at the Hilton.”

Liberace was well-known for his parties, entertaining and flamboyant lifestyle. The son of an Italian immigrant, he began playing piano at age 4. By age 20, he played with the Chicago Symphony Orchestra and through the 1940s, played at nightclubs in New York and began to gain notoriety.

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Related stories:

Michael Jackson Lover: Liberace’s Ex, Scott Thorson, Renews Claim

Gabor Sells Home for $11M, But Gets to Stay There for the Rest of Life

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