Andre Agassi sells homesite in Las Vegas’ Summit Club for $18M
Tennis legend Andre Agassi has bought a diffusion of land in a rich Las Vegas enclave for an enormous pot of cash.
Agassi, a 55-year-old Las Vegas native, bought a 1.8-acre homesite in the Summit Club for $18.15 million, his itemizing agent and brother Phillip Agassi confirmed to the Las Vegas Review-Journal.
The sale, to a thriller purchaser who bought the positioning by layers of limited-liability firms, closed final month.
The Summit Club, off Town Center Drive south of Flamingo Road, in the Summerlin master-planned group, is filled with mansions and you have drawn such buyers ace film star Mark Wahlberg.
Andre Agassi — whose spouse, Steffi Graf, can be a tennis legend — purchased the plot in 2018 for $6.5 million, property data present.
This means he bought the still-empty website for almost triple his buy value.
All this for a celebrity who racked up eight main singles championships, an Olympic gold medal, dozens of titles, and greater than $31 million in prize cash all through his tennis profession.
No mission plans
Phillip Agassi, an agent with Brady Luxury Homes, mentioned in an interview Tuesday that his brother initially thought he would construct an enormous home on the positioning. But he’s slowly changing into an empty nester, so it made extra sense to downsize, Phillip Agassi mentioned.
Located on the western fringe of the Las Vegas Valley, the plot has loads of house for a sprawling luxurious home. However, the now-former proprietor by no means filed mission plans for the positioning, Clark County data present.
The plot has ample elevation, with sweeping views of town in one route and of close by mountains in one other, in response to Phillip Agassi and Brady Luxury proprietor Tyler Brady.
Property gross sales data and business-entity filings don’t present Andre Agassi’s title on both his buy or sale of the positioning. But these offers had been executed by a limited-liability firm whose Las Vegas mailing tackle is similar because the Andre Agassi Foundation for Education.
Shielded id
Brady mentioned his crew can not touch upon the brand new proprietor’s id.
The Review-Journal was unable to find out who was behind the acquisition. State and county data present the brand new proprietor purchased the positioning by an LLC that’s managed by one other LLC with a virtually equivalent title.
The newspaper discovered two individuals linked to the client in public data. But one seems to work for an organization that handles company paperwork for purchasers, and the opposite seems to be a paralegal for a regulation agency.
Also, the client’s mailing tackle listed on the deed that recorded the sale, and on its business-entity filings, is for a Postal Etc. retailer in Las Vegas.
The retailer, in a retail plaza on Lake Mead Boulevard greater than a mile west of Rampart Boulevard in Summerlin, affords mailbox leases, doc shredding and different companies.
The Summit Club boasts a luxurious clubhouse, an “Outdoor Pursuits” crew that helps residents discover the area, and an 18-hole golf course with snack-loaded “comfort stations.”
The guard-gated group additionally has intensive safety features. According to Brady, it has digital camera programs with infrared, evening imaginative and prescient and movement detection.
“You’re not getting into the Summit and not getting caught,” he mentioned.
Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342.
