Liberace Museum in Las Vegas, not all that long ago, was a popular destination for tourist.
Just west of the Liberace Museum, less than 2 miles maybe, sits his once elegant and opulent mansion that unfortunately is now siting empty and virtually in ruins. The property is located just east of the Las Vegas strip.
His former residence was sold during the height of the real estate property boom. The owner eventually turned the property into a banquet facility and at one time was doing well.
Personally I feel the home could have, and may have, retained it's long term historical value had they of NOT demolished the fortress behind the residence where Liberace's pool and private back yard was and built the banquet facility.
It seems rather basic to me that in order for value to be retained you NEVER detract, remove or deface, from the properties original condition. That said it was done but it's not the reason that the property now sits abandoned and in foreclosure.
I do give the owners of the property, my understanding is there have been 2 owners since Libarace's death in 1987, credit for doing the best they could. For several years many people were able to tour and enjoy the property that contained many if not most of he original items and decor that were present when Liberace was alive.
Liberace was likely the "VERY FIRST" mega television star ever on television. It's been documented that he was the first ever musical performer and talent, according to a BBS documentary, to be booked on live television. Liberace also experienced, and maybe even played a role in, the creation of the "paparazzi".
The Liberace museum in Las Vegas has now closed it's doors due to poor attendance which may be a cause of the downturn in the economy.
What once was Liberace's magnificent mansion in Las Vegas is no longer the spectacular that it once was. This video taken on August 5th and 6th of 2012 documents the condition of the home at this time just 25 years after Liberace's death.
Unfortunately Las Vegas seems not to embrace, or care for, the past as it only thirst for future profits.
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NOTE: Here's the most complete footage inside Liberace's Las Vegas home shot in 1978. You can see most every room in his Las Vegas house.
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Currently there's a movie production underway which is to star Michael Douglas as Liberace and co-stars Matt Damon.
The movie is based on the relationship of Liberace and his live lover Scott Thorson who filed a lawsuit against Liberace in 1982 for $113 million. The lawsuit was settled out of court for reportedly for $95,000.
*****UPDATE 06/25/2013*****
HOME IS OFFICIALLY FOR SALE-
Fox5 Local Las Vegas News says the asking price is $529,000 and may likely go for more.
Holly Madison, Hugh Hefners former, is said to have an interest in the property and looked at it as well as a few other celebrities.
Price per square foot is $35.00 and well below market value so they expect good interest in the property.
Thank all of you for taking an interest in this video and posting your comments!
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