According to reports by Auction.com. the 50,000 square foot mansion, Villa Vittoriosa, Georgia’s largest single-family residence, belonging to the retired American professional boxing champion Evander Holyfield will be on the auction block between November 11 and 13.
The former former Undisputed World Champion 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 clear out a debt of $14m. A bank purchased the property for $7.5m and afterwards, allowed Holyfield 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.
He 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.
The residence, 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.