They say whatever happens in Vegas stays in Vegas, and they may be right. Become the proud owner of Steve Wynn’s recently listed USD$24.5 million (AUD$32.9 million) mansion and you’ll never want to leave. The billionaire co-founder and former CEO of Wynn Resorts has officially listed his Las Vegas home in the Country Club Hills and naturally, it’s loaded with all the creature comforts you could expect from a luxury escape.
Located in the prestigious, guard-gated community, The Wynn Estate is a stone’s throw away from the Las Vegas Strip, the infamous downtown area where Wynn made his hotelier fortune. Often touted as ‘The King of Las Vegas’, Wynn was instrumental in reviving the desert hotspot during the 1990s, bringing nightlife back to the ageing tourist destination. The story of his home is remarkably similar.
The Wynn Estate was initially built in 2001 by Steve’s brother, Ken, before being purchased by another owner and renovated in 2014. Four years later, Wynn scooped it up and completed an intense, year-long renovation with help from Todd-Avery Lenahan of TAL Studio, the team responsible for much of Wynn Resorts’ properties.
The official listing reveals that the estate is set on 1.41 acres of land, with the home itself comprising of 15,000 square feet. It features six bedrooms and 11 bathrooms, complete with a number of custom features fit for a king. Peer inside and you’ll note the expansive four-car garage with stone flooring and dramatic arched doors, alongside an insane screening room and a stunning feature pool.
“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,” Kristen Routh-Silberman, an agent with Corcoran Global Living and the exclusive listing agent of The Wynn Estate told Forbes. “The ambience is sensational, and the grounds are magnificent. He created something that provides an emotional experience, but one that is ethereal and stately.”
According to the agent, the home was designed as a place to showcase art. From the 30-foot ceilings and custom-designed, one-of-a-kind lighting fixtures, the entire house plays out like a stunning walk through an elegant plantation. Even the sprawling outdoor areas have a certain touch of resort-class.
“It’s a one-of-a-kind jewel. 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,” Routh-Silberman said. “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.”
The Wynn Estate is a rare offering for the public market, but it’s not the only asset the hotel legend is hocking at the moment. Wynn, who has homes in New York, Sun Valley, Idaho and Palm Beach, recently listed his Beverly Hills estate for a whopping USD$110 million (AUD$146 million). In fact, just last night, Wynn unloaded a number of rare Picasso paintings, which famously once hung in the Bellagio restaurant.
Held at the MGM by Sotheby’s, Wynn’s esteemed art collection pulled in USD$109 million (AUD$143 million), exceeding the $100 million pre-sale estimate. A bright 1938 portrait, Femme au béret rouge-orange, of the artist’s muse Marie-Thérèse Walter, sold for USD$40.5 million, followed by Homme et enfant (1969), which sold for $24.4 million.
With both his Las Vegas and Beverly Hills Estates still up for grabs, Steve Wynn is in line for a serious cash injection, the first for quite some time. The hotel icon resigned as chairman and CEO of Wynn Resorts after sexual misconduct allegations surfaced in 2018 and has lived a slightly quieter life in Florida ever since. You can check out the lavish Las Vegas pad currently listed below.
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