Steve Wynn is making significant waves in the real estate market. Just three months after listing his stunning Beverly Hills estate for an eye-popping $135 million, he has now placed his exquisite European-style villa in Las Vegas on the market for $25 million. This impressive 13,500-square-foot home boasts six bedrooms, nine bathrooms, a wine room, a pool, and a spa, all nestled within the exclusive Summerlin community of Las Vegas. Known as Museo, this property underwent a remarkable $16 million renovation, showcasing Wynn's commitment to luxury and style.
Purchased by Wynn in 2018, the home overlooks a picturesque golf course, adding to its allure. If he manages to secure his asking price, this sale will mark the highest price ever paid for a home in Clark County, Nevada. For context, the previous record for Las Vegas's priciest home belongs to Wynn's former neighbor, magician David Copperfield, who sold his residence for $17.55 million in 2016. These staggering figures highlight the intense competition and demand for luxury properties in this high-profile market.
Wynn's villa is located on Enclave Court, a street often dubbed Las Vegas's Billionaire's Row, thanks to the opulent mansions that line it. Wynn acquired this palatial home around two years ago for $13 million, making it the most expensive residential real estate sale in the Las Vegas metro area that year. This investment came just one month after he stepped down as CEO of Wynn Resorts amid serious allegations of sexual misconduct, which Wynn has firmly denied.
| Detail | Information |
|---|---|
| Name | Steve Wynn |
| Occupation | Businessman, Casino mogul |
| Notable Properties | Beverly Hills Estate, Museo Villa in Las Vegas |
| Current Listings | $135 million Beverly Hills estate, $25 million Las Vegas villa |
In March, Wynn also listed his Beverly Hills estate, which spans an impressive 27,150 square feet on 2.7 acres. Originally built for Guess founder Maurice Marciano in the early 1990s, the luxurious home features 11 bedrooms and 16 bathrooms. Wynn purchased this property approximately five years ago for $48 million and subsequently had a designer from Wynn Resorts completely reimagine its interiors.
As we take a closer look at Steve Wynn's real estate ventures, we can see a pattern of investing in luxurious properties that reflect his opulent lifestyle. With stunning renovations and prime locations, these homes not only serve as personal retreats but also as significant assets in the competitive real estate market.
What You Will Learn
- An insight into Steve Wynn's latest real estate transactions
- Details about the luxurious features of his properties
- Historical context of property values in Las Vegas and Beverly Hills
- Understanding the impact of Wynn's personal brand on real estate investments
