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When in Rome, throw parties for hip locals. 

That, at least, is what artist Mark Kostabi is doing in his new villa in the Italian city’s Monteverde Vecchio neighborhood, which he compares to being the “Beverly Hills of Rome.”

The prolific California-born artist, best known for once being a gossip column fixture and painting the cover art for the 1991 Guns N’ Roses album “Use Your Illusion,” paid $2.49 million for a three-story property there this spring and immediately set out to turn it into a gathering place for area creatives.

(Kostabi had previously made headlines for doing the same in New York, where he once rented a $14,000-a-month Chelsea townhouse.)

“I’m living the dream in luxury in the one of the most beautiful cities in the world for the price of a one-bedroom apartment in the Big Apple!” said Kostabi, who bought the house with what his rep described as a “deluge of dollars” he received from Manhattan’s Park West and Martin Lawrence galleries, which sold a “s–t load” of his paintings over the last year.

Kostabi found the 5,000-square-foot property, which never formally listed, after reaching out to its broker about another abode — only to learn that one had recently sold. 

The broker then suggested the one he now owns, which Kostabi says he negotiated down, purchased and quickly took to renovating — a process that remains ongoing. 


  The home’s garden. Jorge Torrens The home’s garden. Jorge Torrens

  Kostabi has significantly renovated the space since purchasing it. Jorge Torrens Kostabi has significantly renovated the space since purchasing it. Jorge Torrens

  The property measures in at 5,000 square feet. Jorge Torrens The property measures in at 5,000 square feet. Jorge Torrens

  The villa as seen from the street. Jorge Torrens The villa as seen from the street. Jorge Torrens

  Kostabi has been hosting Rome’s artist crowd on a weekly basis since buying the property. Jorge Torrens Kostabi has been hosting Rome’s artist crowd on a weekly basis since buying the property. Jorge Torrens

  Mark Kostabi stands on his villa’s staircase, addressing art collectors from a Park West Gallery cruise ship auction. Jorge Torrens Mark Kostabi stands on his villa’s staircase, addressing art collectors from a Park West Gallery cruise ship auction. Jorge Torrens

  Attendees at one of Kostabi’s Roman salons. Jorge Torrens Attendees at one of Kostabi’s Roman salons. Jorge Torrens

  Drinks at a Kostabi party at the villa. Jorge Torrens Drinks at a Kostabi party at the villa. Jorge Torrens

  The staircase during a recent shindig. Jorge Torrens The staircase during a recent shindig. Jorge Torrens

  Paul Kostabi shows off the guitar he hand-painted to brother Mark Kostabi and the crowd after he performed with it at a Kostabi party at the new villa. The next day it sold at a Park West Gallery auction on a cruise ship for $11,000. Robert C. Ford Paul Kostabi shows off the guitar he hand-painted to brother Mark Kostabi and the crowd after he performed with it at a Kostabi party at the new villa. The next day it sold at a Park West Gallery auction on a cruise ship for $11,000. Robert C. Ford

  The recently completed primary suite bathroom. Jorge Torrens The recently completed primary suite bathroom. Jorge Torrens

  The property had six bedrooms when Kostabi acquired it, but he’s since knocked down a few walls. Jorge Torrens The property had six bedrooms when Kostabi acquired it, but he’s since knocked down a few walls. Jorge Torrens


  Mark Kostabi. Getty Images Mark Kostabi. Getty Images

  Kostabi in New York City in 1994. Getty Images Kostabi in New York City in 1994. Getty Images

“I’m currently having a koi pond created in my romantic garden where I want to cultivate million-dollar koi fish and charming turtles,” the seasoned self-promoter told The Post, adding that an appraiser recently informed him his upgrades may have increased the compound’s value to $5 million, “but for me it’s priceless!” 

The home — in which he says he’s been hosting weekly art, music and wine-infused parties for the Eternal City’s artist crowd — had six bedrooms when he acquired it, but he has since knocked down various walls for a better party layout.

As well, he describes, there are four kitchens, five bathrooms, three terraces, two fireplaces, a separate guest house, a wine cellar, a three-car garage and a garden that is “surrounded by famous Italian neighbors.”

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