November 22, 2024

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Billionaire Casino Mogul Steve Wynn’s Las Vegas Estate Hits The Market For $24.5 Million

3 min read

Steve Wynn, the billionaire co-founder and former CEO of Wynn Resorts, officially listed his Las Vegas home in Country Club Hills for $24.5 million.

The Wynn Estate is located in Country Club Hills, a prestigious, guard-gated community, just 20 minutes from the Las Vegas Strip, which Wynn himself played a pivotal role in expanding and reviving. The home is more like your very own private hotel than it is a single-family home, which Wynn spent the last three years perfecting.

“Steve has created some of the most beautiful properties in the world, so this house is super unique because it’s like a bespoke boutique Wynn Hotel,” says Kristen Routh-Silberman, an agent with Corcoran Global Living and the exclusive listing agent of The Wynn Estate. “The ambience is sensational, and the grounds are magnificent. He created something that provides an emotional experience, but one that is ethereal and stately.”

The home was initially built in 2001 by Wynn’s brother, Ken. In 2014, it was purchased by another owner and renovated. Wynn then purchased the property in 2018 and completed an intense, year-long renovation with help from Todd-Avery Lenahan of TAL Studio, who designed several aspects of Wynn Resorts, and Forté Specialty Contractors.

The estate is set on 1.41 acres of land, and the home itself spans 15,000 square feet and has six bedrooms and 11 bedrooms. The design is immaculate and built to exacting standards with several custom features. The home has every amenity a billionaire could want, including a four-car garage with stone flooring and dramatic arched garage doors; two private offices; a screening room; an art room; and a beautiful pool.

Design elements like 30-foot ceilings and custom-designed, one-of-a-kind lighting fixtures are also special touches for the future owner. The home is also a bonafide smart house and is outfitted with intelligent system Crestron.

“It’s a one-of-a-kind jewel,” Routh-Silberman says. “He created beautiful ceiling treatments in the living room, and the  staircase is custom-designed with crystal. The walls are silk, the silk  carpets are custom-designed, and the draperies are gorgeous. The pillars are solid marble. It’s done at the highest level.”

He said the home is also designed to showcase art.

“It’s an art collector’s nirvana because it has beautiful walls to hang art and it has an art protection system in place and a fire-retardant suppression system. If there was a fire,  the house starts shutting off and the fire can never get to your pieces of art. It’s very 007-esque for an art collector.”

Most impressive are the romantic, perfectly landscaped gardens surrounding the home. The expansive lawns surrounded by towering palms offer views of the nearby mountains and resemble a scene out of Spain or Italy. It’s ideal for entertaining, whether you have 200 people or 2,000 people. 

“It definitely transports you from Vegas, and it’s the antithesis of lights and glitz,” she says. “That is until you walk into the closets, which look like Chanel boutiques. The white, high-gloss, piano lacquer finish is so beautiful, and it takes 12 coats to make it look like that.”

The property is located on the most exclusive area in all of Country Club Hills, called The Enclave, which is triple gated to ensure the utmost privacy and safety. Neighbors include David Copperfield, the Fertitta family, and more.

“It’s very rare that a Steve Wynn property becomes available,” Routh-Silberman says. “That’s bespoke in itself.” 

Wynn has an impressive list of real estate and recently listed his Beverly Hills estate for $110 million. He also has homes in New York; Sun Valley, Idaho; and Palm Beach, Florida, where he currently resides. In recent years, the former CEO hasn’t been without controversy. In 2018 he resigned as chairman and CEO of Wynn Resorts after sexual misconduct allegations surfaced.