Rumor has it, according to Real Estalker, Gianni Versace's beloved Villa Fontanelle in Maltrasio, Lake Como, Italy, the scene of years of glamorous, celebrity-ridden parties, is finally being sold by the Versace clan. There was talk at one point by WWD that the villa would be purchased by a business partner of the fashion house, but The Times reports that filthy rich Russian restaurateur Arkady Novikov is buying the property for $52.3 million. He has apparently bid nearly six million over the asking price, in order to secure it as he gets his finances in order. Hard knock life, huh? To hear more about the property and see interior photos, read more.
The early 19th century villa was originally purchased in total shambles in 1977 by Versace and required serious renovations, including millions spent on creating interiors "consistent with the house's neoclassic architectural style." According to Real Estalker:
The house is also said to feature a massive and spectacular Russian crystal chandelier that once hung in a palace in St. Petersburg, truckloads of Empire era furniture, lots of urns sitting around and plaster medallions depicting Roman emperors stuck to the walls, bathrooms bathed in red marble, original paintings from the late 1700s, insanely intricate plaster detailing, and hundreds of neoclassical objects d'art.