50 Charles Street:
A Mansion with a Rich History
I recently reviewed on CabbieBlog The Story of Mayfair by Peter Wetherell which chronicles this famous enclave of London from the 1660s to the present day – and beyond. This Guest Post by Mariana Sarceda tells of a Mayfair property being offered by Wetherell’s with a long history and links with one of the 20th century’s leading fashion designers.
[W]hen it comes to prestigious and stylish residences in central London there is one Mayfair property which stands out. Price and location may be hallmarks of exceptional and in-demand property in the UK capital. Yet, for the truly elite and discerning London property buyer, history and design can be what really makes a new residence standout. And that can make a property priceless.
50 Charles Street is one of these international monuments.
Designer Real Estate in the City
This magnificent mansion could one day reside in the history books somewhere in between ‘number 10’, and Sherlock Holmes’ 221b Baker Street. 50 Charles Street was originally built in 1721-52. This architectural work was undertaken by prominent master builder John Philips, and his partner George Shakespear. Other work by Philips includes the original Battersea Bridge, interior joinery at Christ Church Library. He was eventually elevated to the position of Carpenter to His Majesty’s Board of Works. Since then it has been used as a luxury residential building, converted to chic commercial law offices, and back into a residential home.
This Ambassadorial Grade II listed property was in the process of being renovated for fashion designer Gianni Versace. In 1997 when the home was 70 per cent finished, and just four days after signing the agreement to take Versace Group public, Gianni was shot in front of his Miami Beach home in Florida.
The Epitome of Fashionable Property
In addition to his Florida home, Gianni Versace’s real estate collection included a townhome on Fifth Avenue in New York, Villa Le Fontanelle on Lake Como and a downtown Milan residence in Italy.
Versace’s Ocean Drive residence in Miami ‘Casa Casuarina’ was once listed for $125 million. A photography spread by Forbes magazine highlights just how beautiful and fascinating 50 Charles would likely have been if the master designer had it finished.
Top model, friend of the Versace family, and Miami real estate expert Kaya Wittenburg is one of the few that have been invited to dine with the Versace’s in their homes in the past. Kaya notes the immaculate and meticulous planning and attention to the very finest details. Together this flair for design and the master craftsmanship of Philips are sure to blend into an opulent residence worthy of royalty.
Peter Wetherell, the Chief Executive of Wetherell estate agents in Mayfair describes the luxury prime central London home as a “striking fusion between traditional and contemporary, with space to entertain on a large scale.”
50 Charles Street presents a classic brick front, glass conservatory in the rear with 30 foot ceiling, carved marble fireplace, private lift, and much more.
Who will be this Home’s Next Owner?
After Versace died, the home was quietly sold to a business man. It is now back on the market. However, not only is 50 Charles located in the most expensive city in the world, it is also located in the most expensive prime neighborhood in London’s Mayfair. At a museum worthy 5,756 square feet this house is even larger than the largest penthouse in London’s SE1. In fact, it is over 1,100 square feet larger than the three story penthouse at Benbow House close to the Globe Theatre.
The next owner could be a wealthy heir from overseas, a tech billionaire, fashion mogul desiring to be close to the heart of the world’s financial markets, or an art collector. Perhaps even an ultra-wealthy estate agent needing a pad worthy of their position. Whomever it is, they will certainly claim their own place in the history books.