Holyfield’s 109-room mansion to be auctioned
The
famed 50,000 square foot mansion, Villa Vittoriosa, Georgia’s largest
single-family residence, which was occupied by boxing icon Evander
Holyfield up until last year, is hitting the auction block between
November 11 and 13, reports Auction.com.
Holyfield, who purchased the palatial
estate located outside the Atlanta area that sits on 105 acres, lost the
residence to foreclosure last year because he could not satisfy a
reported whopping debt of $14m.
A bank purchased the property for $7.5m
and afterwards, allowed the former champ to remain there for a short
time until he could organise his belongings, many of which he auctioned
off to raise money for his debts.
Holyfield has struggled with financial
woes over the years that he just could not fight his way out of,
including child support nonpayment issues for his 11 children, alimony
troubles, bad money management moves, failed businesses, IRS debts and
lawsuits.
The Real Deal, who is a former undisputed world champion and
the only four-time world heavyweight champion, winning the WBA, WBC, and
IBF titles, made a reported $200m in his nearly 25-year-long boxing
career.
Now Holyfield’s former home, which has
even been featured on TV shows and movies, will be up for grabs at just a
fraction of what it is worth with an opening bid of just $2.5m.
The 109-room home, which is just 1,000
square feet shy of the presidential White House, features 12 bedrooms,
13 full baths, eight half baths, five family rooms, three kitchens, a
recording studio, boxing gym, movie theater, library and indoor bowling
alley.
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