The Tyson/50Cent Mansion is Back on the Market!
Mike Tyson and 50 Cent Mansion.
Looking for an experienced buyers agent to help you buy this home? Call or text Steve Schappert at 203-994-3950. Inside the Former Mike Tyson and 50 Cent Mansion: A Tour of Luxury in Farmington, CT. If you’ve ever wondered where in CT did Mike Tyson and 50 Cent live and what it would be like to step inside the lavish estate once owned by boxing legend Mike Tyson and rapper 50 Cent, you’re in for a treat. The Askar family has opened the doors to their stunning 50,000-square-foot mansion in Farmington, Connecticut, showcasing its opulent features and rich history. This remarkable property, set on over 17 acres, is a perfect blend of luxury and entertainment, making it a captivating family retreat at 50 Poplar Hill Dr. Farmington, CT 06032.
A Glimpse of the Property
The mansion boasts a staggering 21 bedrooms and 39 bathrooms, ensuring that space is never a concern. With seven fully equipped kitchens, entertaining guests is a breeze. The property is not only grand in size but also comes with breathtaking amenities, including a picturesque pond, a basketball court, an expansive pool, a grotto, and a mesmerizing waterfall that enhances the estate’s natural beauty.
A Family Retreat Like No Other
The Askar family plans to use this estate as their primary family retreat, a place to escape the hustle and bustle of their winter home in Florida and enjoy the summer months with their six children. The mansion is designed to accommodate large family gatherings, making it an ideal getaway for creating lasting memories. Among the many luxurious features, the recording studio stands out as a favorite for the family, offering a creative space for musical expression.
The History Behind the Mansion
This mansion has a storied past, having been the residence of two of the most iconic figures in entertainment and sports. Mike Tyson, the former heavyweight boxing champion, and 50 Cent, the Grammy-winning rapper, have both left their mark on this property. Guests can’t help but feel the energy that once filled the halls, especially in the lower level, which features a nightclub where many famous faces, including Biggie Smalls, have partied.
Entertainment and Relaxation Galore
Every corner of this mansion has been crafted for relaxation and entertainment. The indoor pool and private theater allow for endless entertainment options, while the racquetball court and gym provide opportunities for fitness enthusiasts. The recording studio is equipped for aspiring musicians to lay down tracks, and the atmosphere encourages creativity and fun.
One unique space in the mansion is the “Gucci Room.” Decorated with custom felt and Gucci fabric, this billiard room features a pool table adorned with 50 Cent’s signature. It’s a true testament to the luxurious lifestyle that once flourished here.
The Casino Room: A Bet on the Future
As Kevin Nathan pointed out during the tour, the casino room is another highlight of the property. He notes the challenges that Connecticut has faced in recent years, particularly with residents leaving the state. However, he believes that there is still opportunity within Connecticut’s real estate market. With luxury properties like the Askar family home, there is potential for growth and revival in the state, particularly for entrepreneurs looking to invest in high-value real estate.
Conclusion
The Askar family’s decision to invest in this remarkable mansion is not just about luxury; it’s also a nod to the potential for revitalizing the Connecticut real estate market. This estate, with its rich history and breathtaking features, offers a glimpse into a lifestyle that many dream of. For those looking to experience the grandeur of this property, it’s an invitation to explore a unique blend of history, luxury, and family fun. Whether you’re drawn in by the opulence or the captivating stories of its former owners, this mansion truly embodies the essence of luxury living in Farmington, Connecticut.
Visiting this property is more than just a tour; it’s stepping into a piece of history, surrounded by the legacies of two iconic figures and the promise of a bright future in Connecticut’s real estate landscape.
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The mansion at 50 Poplar Hill Drive in Farmington, Connecticut, has a storied history, transitioning through several notable owners and undergoing significant transformations.
🏰 Origins: The Sisti Mansion (1985–1990s)
Originally constructed in 1985 for Benjamin Sisti, founder of Colonial Realty, the estate was built at a reported cost of $2.3 million. Sisti’s company later collapsed in a Ponzi scheme, leading to his conviction for bankruptcy fraud and a nine-year prison sentence. The mansion was subsequently sold to People’s Bank for $3.5 million and later to Romas Martsinkiavitchous, a Lithuanian businessman, for $2.7 million. Facing financial difficulties, Martsinkiavitchous sold the property to Mike Tyson in 1996 for $2.8 million . ctmq.org
🥊 Mike Tyson’s Era (1996–2003)
Mike Tyson purchased the mansion in 1996 and invested millions in customizing the property to his tastes. The estate featured an indoor nightclub named “Club TKO,” a pink-themed bedroom, a black-and-gold lacquered four-poster bed, an indoor gym, a shooting range, a racquetball court, and an NBA-regulation-size basketball court. Tyson’s lavish modifications reflected his larger-than-life persona. boston.com
However, following his 2003 divorce from Monica Turner, the mansion was awarded to her as part of the settlement. Tyson declared bankruptcy shortly thereafter, and the estate was sold to Turner. ihearts143quotes.com
🎤 50 Cent’s Ownership (2003–2019)
In 2003, rapper 50 Cent (Curtis Jackson) purchased the mansion from Monica Turner for $4.1 million, setting a record for the most expensive home sold in Farmington. He invested an additional $6 million in renovations, adding amenities such as an infinity pool, grotto, movie theater, recording studio, and a nightclub. ihearts143quotes.com+7businessinsider.com+7architecturaldigest.com+ 7ctmq.org
Despite these enhancements, the mansion proved difficult to sell. After listing the property for $18.5 million in 2007, the price was reduced multiple times over the years. In 2019, after 12 years on the market, the mansion sold for $2.9 million, significantly less than both the original asking price and what 50 Cent had paid for it. architecturaldigest.com
🏡 The Askar Family’s Acquisition (2019–Present)
In 2019, the mansion was purchased by Florida-based businessman Casey Askar for $2.9 million. Askar, president and chairman of Askar Brands, which oversees various restaurant chains, intended to use the estate as a family retreat and for business retreats. The mansion, with its 21 bedrooms and 25 bathrooms, offers ample space for large gatherings and events. ihearts143quotes.com
🎤 Notable Visitors
During 50 Cent’s ownership, the mansion hosted various celebrities and events. The lower level featured a nightclub where notable figures, including The Notorious B.I.G., were reported to have partied . Additionally, the estate was showcased on the television series Million Dollar Listing in an attempt to attract potential buyers. connecticutrealestate.online architecturaldigest.com
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