There’s a sale at Gucci—sort of.
Villa Gucci in Rome, the longtime home of the fashion empire, has just had its asking price discounted to €13.9 million (US$14.5 million).
The salmon pink-painted four-story villa was built by Aldo Gucci—the eldest son of the fashion house’s founder, Guccio Gucci—in 1951. Before its price cut this week, the home, which is still in the hands of the family, was asking €15 million.
A representative for the family could not immediately be reached for comment.
Tucked away behind gates and at the center of its vast grounds, the eight-bedroom main villa is reached via a winding driveway that’s surrounded by towering trees and fountains.
Combining Tuscan and English-style design, the almost 4,000-square-foot residence has a large kitchen, a dining room, a hobby room with space for billiards and a fireplace, a study and seven bedrooms, each with an en-suite bathroom, according to a news release from listing agents Billy Nash of the Keyes Company and Chiara Gennarelli of BH Forbes Global Properties.
On the third floor, there’s a penthouse with access to the rooftop and a terrace—the villa’s “priceless asset” is the view of Altare della Patria, or the Altar of the Fatherland, a national monument in the center of Rome, which is visible in the distance.
A second villa can be found on the property, too. The almost 3,000-square-foot building “is ripe for enhancement and can be reimagined to the new owner’s style and preference,” the brokerage said.
Villa Gucci represents an opportunity “to own a piece of heritage with a storied past in one of the world’s most enchanting cities,” Nash said in a statement.
