Liberace’s Las Vegas Estate Sells for $500K

Liberace Las Vegas HomeThe Las Vegas mansion once owned by Liberace, the renowned pianist and “King of Showmanship,” just sold for $500,000. Liberace bought the estate in the 1960s, and owned it until his death in 1987. It was later used as a banquet venue for weddings and other events. In 2006, Terrance Dzvonick, a real estate investor, bought it for $3.7 million, but quickly ran into issues operating the venue space. Neighbors complained of noise and traffic due to events held at the home, and ultimately the county zoning board denied Dzvonick’s license to operate. Without a business, Dzvonick couldn’t make the more than $20,000-a-month mortgage payment, and the home went into foreclosure.

Liberace Piano BarJP Morgan Chase has owned it since 2010, which means it hasn’t had any TLC for the past three years. The listing photos show stained walls, cracked tile, exposed wiring, and peeling wallpaper. But it’s still easy to imagine the Liberace-style grandeur that it once had. There are crystal chandeliers, custom marble pillars, and etched glass throughout. Piano key artwork can be found in the kitchen and bathroom, and there’s a mirror-covered bar with a white piano and Liberace’s signature inscribed on it. The spiral staircase that cost $75,000 to transport from France still remains, and there’s a room covered in copper tile worth $350,000. There’s a portrait of Liberace above the Jacuzzi tub in the bathroom, and a mural in the bedroom that Liberace claimed was worth $1.5 million, because it was “painted by a descendent of Michelangelo,” though the truth of that has not been confirmed.Liberace Las Vegas Home Mural

Get Surrey reports that the mansion was purchased by Martyn Ravenhill, a lifelong Liberace fan and vacation property salesman. After seeing news reports of how dilapidated the property had become, he decided to rescue it, and purchased it for his 50th birthday. He plans to work closely with the Liberace Foundation to restore the home to its former glory.

For more information on Liberace’s other homes, check out Behind the Candelabra and Inside the Homes of Liberace.

What do you think of the home? Was it a good investment for Ravenhill? Tell us in the comments!

Discussion

  • Guest

    Full of demons, that house. Better call someone to bless it first, Martyn. Otherwise it will be nothing but a money pit, for sure.

  • specialhead

    what a dump

  • JustanOguy

    Tough call. I went to a private party in that house back in 1992 and it was pretty interesting to say the least. The house has obviously gone to shambles and let’s just say the surrounding neighborhood isn’t gaining any popularity as the area to live in Las Vegas.

  • jon liberace

    Very bad investment ,will never get a positive return, what makes this man think the city of Las Vegas is going to give a license to use home as a tourist attraction, the interior has been destroyed by previous owner , it will cost at least 800 thousand to a million to restore to liberace grander , good luck getting the foundation to support this acquisition they have run liberace s foundation into the ground. This is going to be a money pit and will eventually be torn down .

  • Lilly Koy

    I think it’s easy to think it’s dreadful because we are looking at it through the lens of today’s aesthetic. But he lived in it in the 70s and 80s. When I was a kid in Las Vegas (mid 70s) many of the houses were the sprawling flat-ish houses with low ceilings, and people did aspire to decorate in that tacky overly-ornate style (though clearly, none of them did that the way Liberace did). The house’s proportions do look very strange by today’s standards and that neighborhood is not a great one.

  • leecarson

    so happy someone bought it who cares. however the neighborhood is not good. pick the house up and move it!!!!! Make sure you have good security over there!

    • Freddy J G-Daddy

      Hey, the Elvis mansion is in a worse neighborhood, and look at the money its making. You never know.

  • Southpark1234567890

    Thank goodness somebody bought this….I pray it’s restored and does become a tourist attraction……I’m sure if it is full of demons this will only make the house even more of a tourist attraction because take a look at the amityville horror house visitations by the public….they even tried to remove the bricks for souvenirs….do you know something we don’t guest???

  • Southpark1234567890

    The House was what Liberace liked…..Hellur!!! Hence the name Liberace’s Mansion and the house is what…..50 some years old…..yes I’m sure it’s damaged….but still it needs to be restored, moved then restored….something….this is a shame that this man is treated with such disrespect……his music is beautiful…take a listen sometime….
    I think he knew who he was and I think he knew people knew who he was, but due to the time he was forced to deny……who’s business was it anyway…..if he’d show up at your house back when he was alive and why you’d turn all star struck….grantee you would not have turned him away….come on!!! What an interesting human being…..oooooo I would have loved to have gotten to visit with him for a day…..what stories he must have had……

    • jelaine

      I agree with you Southpark1234567890