General Motors President, Dan Ammann, has a new property under his belt, as Detroit city records show the iconic Fisher Mansion has been purchased by the GM executive and his wife.
Ammann, a New Zealand native, reportedly paid $1.55 million for the property, according to The Detroit Free Press, making it one of the highest prices ever paid for a Detroit residence.
The home was previously purchased for $1.6 million but, after the previous owner’s plans to turn the mansion into a dormitory for adults with substance addictions fell through with the city, the house was re-listed.
The Fisher mansion has a history in the automotive industry, as it was originally built in 1926 for one of the brothers of the Fisher family auto body business. The home features 15 bedrooms, an indoor swimming pool and an entertainment ballroom.
Surely, Mr. Ammann could find plenty of space for a few performance toys from General Motors somewhere in the gigantic mansion.