Tennis legend Andre Agassi has offered an expansion of land in a rich Las Vegas enclave for an enormous pot of cash.
Agassi, a 55-year-old Las Vegas native, offered 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 location via layers of limited-liability corporations, closed final month.
The Summit Club, off Town Center Drive south of Flamingo Road, in the Summerlin master-planned neighborhood, is full of mansions and has drawn such buyers as film star Mark Wahlberg.
Andre Agassi — whose spouse, Steffi Graf, can also be a tennis legend — purchased the plot in 2018 for $6.5 million, property data present.
This means he offered 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 undertaking plans
Phillip Agassi, an agent with Brady Luxury Homes, mentioned in an interview Tuesday that his brother initially thought he would construct a giant home on the location. 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 undertaking plans for the location, Clark County data present.
The parcel has ample elevation, with sweeping views of the town in one course and of close by mountains in one other, in keeping with Phillip Agassi and Brady Luxury proprietor Tyler Brady.
Property gross sales data and business-entity filings don’t present Andre Agassi’s identify on both his buy or sale of the location. But these offers have been performed via a limited-liability firm whose Las Vegas mailing tackle is identical because the Andre Agassi Foundation for Education.
Shielded identification
Brady mentioned his crew can not touch upon the brand new proprietor’s identification.
The Review-Journal was unable to find out who was behind the acquisition. State and county data present the brand new proprietor purchased the location via an LLC that’s managed by one other LLC with an almost similar identify.
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 shoppers, and the opposite seems to be a paralegal for a legislation 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 providers.
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 neighborhood additionally has in depth safety features. According to Brady, it has digital camera methods with infrared, night time 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.
