The iconic Las Vegas estate once owned by casino magnate Steve Wynn has changed hands.
According to the Las Vegas Review-Journal, British businessman Simon Dolan sold his 15,000-square-foot home to an anonymous buyer for $17.6 million, according to property records and listing materials.
The sale was closed and finalized last month.
Key Takeaways
- British businessman Simon Dolan sold Steve Wynn's former Summerlin mansion for $17.6 million.
- The sale was finalized and closed in June.
- Mansion built in 2001.
- Based in Summerlin, the 24-year-old house has six bedrooms and 11 bathrooms, featuring a home theater system, two gyms, marble flooring and pillars, silk carpets, and a crystal staircase.
- According to Zillow's listing, it also includes fountains, a sports court, a custom-designed bronze outdoor fixture, and a six-car lift system in the garage.
Up and Down Market
Originally, Dolan had listed the house for $24.5 million in early 2024 but reduced the price by $5 million to $19.5 million several months later. He ultimately sold it for $100,000 above his purchase price.
Prior to the sale, the mansion's listing price fluctuated over the past decade.
In early 2015, it was priced at $28 million but was slashed by $10 million over the next couple of years, dropping to $18 million in the spring of 2017.
Wynn bought the home at an even lower price of $13 million in 2018, based on property records and business-entity filings.
In mid-2020, he listed it for $25 million, dropped the price a few months later, and then took it off the market entirely for a period of time. He re-listed it in the fall of 2021 at $500,000, less than his initial asking price.
In the spring of 2022, the home was sold to Dolan for $17.5 million.