Steve Wynn Finally Finds Buyer for Las Vegas Mansion on ‘Billionaire’s Row’

Steve Wynn disassociated from the Las Vegas gaming industry in early 2018. That was following a career-ending report published in The Wall Street Journal that detailed numerous allegations of sexual misconduct committed by the casino magnate. But only recently is the 80-year-old fully divesting his investments in Southern Nevada.

Wynn resigned from Wynn Resorts and sold off his entire stake in the Wynn and Encore Las Vegas owner-operator in February of 2018. He no longer has any control or ownership in his namesake company.

Wynn relocated to Florida s Palm Beach soon after. But he has struggled to find a buyer for his mansion back in Las Vegas affluent Summerlin community. The Las Vegas Review-Journal reports that the billionaire has at long last sold his pad at 1717 Enclave Court in the prestigious TPC Summerlin neighborhood.

The 15,000-square-foot, six-bed, 11-bath estate has been for more than a year. The listing price has been firm at $24.5 million. Zillow shows the listing as under contract, and the RJ says Wynn reps confirmed a sale agreement has been reached.

However, Wynn s listing agent Kristen Routh-Silverman of Corcoran Global Living declined to provide further details, such as the buyer s identity or the price. But she did say the deal is an all-cash offer.

Along with the steep purchase price, the new buyer will be on the hook for a $1,275 monthly HOA fee and annual property taxes that totaled $72,000 last year.

Steve Wynn s fortune remains north of $3 billion, financial media outlets like Forbes estimate. The former casino exec has taken a liking to luxury real estate since exiting the gaming business.

Along with his Summerlin sale, which Routh-Silverman says will close by the end of May and its details then made public, Wynn recently flipped a 6,700-square-foot estate in Palm Beach at 1040 N. Lake Way. After acquiring the property in early April 2021 for $24 million, Wynn found a buyer for $32 million.

The property underwent a makeover seemingly led by Wynn, as the home s listing certainly has the décor and theme commonly found in Wynn s five-star casino resorts. Wynn is reportedly working on his house flipping ventures with Roger Thomas, his longtime interior designer who helped envision the casino tycoon s luxury properties.

The N. Lake Way property isn t Wynn s only successful flip in Palm Beach. The billionaire made about $5 million on another Palm Beach property only three months after acquiring it. Wynn sold the newly built home at 235 Via Vizcaya for $23.68 million last May after buying it for $18.4 million in February.

Wynn s biggest real estate possession 1210 Benedict Canyon in Beverly Hills, Ca. remains on the market.

One of the most expansive and expensive private residences in the entire country, the . That s down from the $125 million advertised last year.

The abode is on a three-acre lot nearly unrivaled in Beverly Hills and spans more than 27,000 square feet. The 11-bed, 16-bath complex is described by listing agent Fred Bernstein of Westside Estate Agency as a spectacular generational estate envisioned by a master who elevates luxury to the next level.