Gold Coast mansion is neighborhood’s latest pricey resi listing to hit the market

Several mansions within a few blocks are for sale with big asking prices, including the new $5.5M listing on Division Street

Bob Loquercio and 53 East Division Street (Credit: Facebook and Redfin)
Bob Loquercio and 53 East Division Street (Credit: Facebook and Redfin)

A 7,500-square-foot Gold Coast mansion hit the market Wednesday at $5.5 million, the latest pricey residential listing in the neighborhood.

Auto dealer Bob Loquercio and his wife, Veronica Zepeda-Loquercio, are selling the five-bedroom home at 53 East Division Street after a meticulous restoration, according to Crain’s. The home was designed in the early 1900s by architect Jarvis Hunt, and many of his original designs were either preserved or recreated.

Loquercio, owner of the seven-dealership Bob Loquercio Auto Group, actually sold the house once before, for $1.9 million in 2008. But he reacquired it for $2.6 million in 2012 after it went into foreclosure, Crain’s reported at the time.

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Ryan Preuett of Jameson Sotheby’s International Realty has the listing.

The home sits just off a stretch of State Parkway with a number of stately homes, including two that went on the market for more than $10 million within a span of a few days last year.

Another, at 1432 North State Parkway, went on the market recently for $7.9 million. That home, owned by Fifield Companies’ Steve and Randy Fifield, was once rented by NBA star Dwyane Wade and was used as the exterior for the home in the 1980s TV show “Webster.” [Crain’s]John O’Brien