Monday "Real Housewives of New Jersey" star Teresa Giudice simultaneously surrendered to the authorities to serve her 15-month sentence for bankruptcy fraud in a Danbury, CT, minimum security Federal prison and slashed the asking price of her flashy faux château in leafy Towaco, NJ, from $3.499 million to $2.999 million. (The property was initially listed in September 2014 at $3.999 million.)
The table up turning "housewife" and cookbook entrepreneur and her muscle-bound husband Joe, who will serve his four-year sentence after his wife is released, purchased the 3.77-acre property that backs up to Interstate 287 in 2002 for $540,000. The (in)famously spendthrift pair -- they filed bankruptcy in 2009 but withdrew their case in 2011 after investigators started poking around looking for the exact sorts of financial malfeasance that eventually got them both convicted -- proceeded to erect an exceptionally garish, marble encrusted manifestation of their apparently ersatz wealth.
Listing details show the 10,044-square-foot pile -- an architectural hot mess of the highest order -- has six bedrooms and six bathrooms including a vast master suite with fireplace, three custom-fitted walk-in closets and an onyx-tiled bathroom with -- natch -- gold-plated fixtures. Not surprisingly, there's a double staircase in hotel lobby-scaled foyer which listing details kindly call a "Cinderella staircase. The formal living and dining rooms both have fireplaces and the former a melodramatically double height ceiling. Slightly less ostentatious family quarters include a library/office and a granite countered kitchen with high-grade appliances and an adjoining dining area. In addition to a good-sized family room there's well-stocked children's play room with pink walls and a leopard print sofa and a roomy game room where a built-in bar does battle with several pieces of exercise equipment. Somewhere there's a wine making room with burnt orange walls.
Outside, the gated grounds include large and largely featureless lawns, a small pond, and a grimly over-scaled porte-cochere stuck like a barnacle to one end of the house. There's also, or at least once, a chicken coop as well as a chain link fenced dog run, an attached garage and a two-car detached garage with attached office.
As far as Your Mama can tell, the couple still own a ragged looking house in Lincoln Park, NJ, currently listed for $179,000 -- just over the $170,000 they paid in 2005 -- as well as canal-front house along the Jersey Shore in Manahawkin, NJ, that's currently listed at $315,000, well under the $347,000 they paid in 2005.
© 2015 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC
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