Source link : https://las-vegas-news.com/tennis-icon-agassi-nets-18-15-million-from-summerlin-land-sale/
From $6.5 Million Buy to Major Profit (Image Credits: Pexels)
Summerlin – Tennis legend Andre Agassi sold a sprawling 1.8-acre homesite in the exclusive Summit Club for $18.15 million, nearly tripling his original investment from 2018.[1]
From $6.5 Million Buy to Major Profit
Agassi purchased the empty parcel in 2018 for $6.5 million. The recent transaction closed last month, marking a substantial return on the investment. His brother, Phillip Agassi, served as the listing agent through Brady Luxury Homes. Tyler Brady, the firm’s owner, handled aspects of the deal. The sale highlighted the booming demand for premium land in Las Vegas’ master-planned communities.
Phillip Agassi explained the decision behind the sale. “His brother initially thought he would build a big house on the site,” he said. “But he is slowly becoming an empty nester, so it made more sense to downsize.”[1]
Stunning Site on the Valley’s Edge
The property sits off Town Center Drive south of Flamingo Road, on the western edge of the Las Vegas Valley. It boasts ample elevation with sweeping views of the city skyline in one direction and nearby mountains in the other. No development plans appeared in public records for the still-vacant lot. Such features make it ideal for a custom luxury estate.
The Summit Club remains a guard-gated haven packed with mansions. Advanced security includes camera systems equipped with infrared, night vision, and motion detection. Tyler Brady noted the…
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Author : Matthias Binder
Publish date : 2026-03-12 18:51:00
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