Luxury Lagerfeld Villa Near Paris Changes Hands for Approximately €5 Million
Karl Lagerfeld's former villa in Louveciennes, France, was successfully sold at a traditional notarial auction on July 1, 2025. The sale took place under the "candle auction" method, a process where the bidding time is measured by the burning of a candle.
The villa, a fully renovated neoclassical 19th-century mansion, spans approximately 600 square meters and is set within a two-hectare wooded park. The property features three separate houses, a swimming pool, a tennis court, and several outbuildings. Karl Lagerfeld acquired the villa in 2014 and kept it until his death in 2019.
The starting price for the auction was around €4.64 million, and the property was sold for slightly above this at €4.7 million, indicating competitive bidding but not a large premium over the asking price. The auction was conducted by the Paris Chamber of Notaries with Arias Notaires handling the sale.
As for the possibility of override bids (surenchères), French notarial auctions typically allow for such bids within a brief period (often 10 days), during which interested parties can submit offers exceeding the hammer price. However, there is no explicit public information confirming if any override bids were made or are currently pending for this villa after the July 1 sale.
The auction of the villa was initially scheduled for June 17, 2025, but was postponed to July 1 to allow more interested buyers to participate, suggesting some anticipation and interest in the property.
Meanwhile, Lagerfeld's Parisian apartment, originally estimated at €5.3 million, was sold at auction within 19 minutes for double the estimated price. The exact sale price is not disclosed, but it is known that the sale took place in 2024.
The villa in Louveciennes is located approximately 20 kilometers west of Paris, making it a desirable location for those seeking a serene and spacious retreat within easy reach of the city. The villa was the residence of the late fashion icon Karl Lagerfeld, who meticulously renovated it over four years.
In summary, the villa was sold at auction for €4.7 million with no confirmed reports of override bids or ongoing bidding beyond the final sale price. The Parisian apartment, on the other hand, was sold for double the estimated price, but the exact sale price remains undisclosed.
[1] Paris Chamber of Notaries [2] Arias Notaires [3] Louveciennes Town Hall [4] Le Figaro (Newspaper)
- The sale of Karl Lagerfeld's villa in Louveciennes, France, was managed by the Paris Chamber of Notaries, with Arias Notaires facilitating the process.
- Given the desirable real-estate location and the historical significance of the villa, it was suggested that investing in this property could potentially yield significant returns, especially considering the competitive bidding that led to its sale of €4.7 million.
