Feb 7, 2024
Casino Tycoon Steve Wynn Drops Price On Beverly Hills Mega-mansion By $60M
Steve Wynn, the renowned octogenarian casino tycoon, finds himself facing continuous setbacks on both the East and West Coasts.
Traded Editorial
Steve Wynn, the renowned octogenarian casino tycoon, finds himself facing continuous setbacks on both the East and West Coasts. Despite slashing the price of his luxurious New York City penthouse from a staggering $90 million down to a heavily discounted $65 million, Wynn was unable to attract a buyer and decided to withdraw the property from the market. This unexpected turn of events comes after Wynn had initially purchased the Ritz-Carlton duplex for an astronomical $70 million over a decade ago, displaying his willingness to take a significant loss.
On the other side of the country, things haven't been any better for Wynn in California. After an extensive and publicized search, he finally acquired an extravagant 2.7-acre estate in Beverly Hills for approximately $48 million in 2015. The property underwent an extensive remodel that included remarkable landscaping and updated interiors. In early 2020, Wynn confidently listed the palatial mansion for an eye-popping $135 million. However, four years later, the house remains unsold, and the asking price has plummeted by a staggering $60 million, representing a 44% decrease from its original value.
A Luxurious Retreat at a Bargain Price
Prepare to be dazzled by Wynn's extraordinary mega-estate, now available at a jaw-dropping price of $75 million. Originally priced at $135 million, this architectural masterpiece is truly a steal.
The mansion, designed by the renowned architect William Hablinski, is a striking example of International style. Spanning an impressive 27,000 square feet, this opulent residence boasts 10 bedrooms, 16 bathrooms, and every conceivable luxury feature. Navigating the mansion is made easy with the convenience of an elevator, ensuring effortless movement throughout the expansive structure.
Immerse yourself in the ultimate cinematic experience in the professional screening room, complete with lavish stadium-style seating. Stay in shape with a well-equipped gym, and indulge in a remarkable wine room that appeals to the most discerning connoisseurs.
For guests and family, there are four spacious bedroom suites, meticulously designed with comfort in mind. The indulgent master suite, on the other hand, is a private oasis of sheer luxury, complete with dual bathrooms, closets, dressing rooms, and even a private office.
Welcome to a world of unmatched elegance and sophistication. Don't miss out on this exceptional opportunity to own a prestigious piece of real estate at an unbeatable price.
A Luxurious Haven of Opulence
A magnificent estate of epic proportions beckons those in search of unparalleled luxury. Nestled on sprawling grounds, this grand residence boasts a dedicated team of full-time staff to cater to every need. Not one, but two separate wings have been meticulously designed to house the domestic help and private security team. One wing features three inviting bedrooms and a well-equipped kitchen, while the other offers an additional three bedrooms and a charming kitchenette.
Indulge in the opulence that awaits within the main house. A decadent living room bathed in the glow of city lights invites you to relax and unwind. A formal dining room, complete with a crackling fireplace, sets the stage for lavish gatherings. Discover a hidden gem amidst the crimson-red walls of the "reception" room, where a convenient wet bar awaits your pleasure. Outside, a meticulously manicured landscape unfolds before your eyes. Formal gardens, adorned with manicured hedgerows and a curated selection of mature trees, create an enchanting oasis.
Sports enthusiasts will revel in the presence of a lighted tennis court complemented by an air-conditioned seating house and a convenient kitchenette. For those seeking respite from the heat, a rectangular swimming pool, nestled in a secluded corner of the premises, offers a private escape. Adjacent to the pool, a charming pool house adorned with its own kitchenette and changing facilities completes the picture of pure luxury.
Every element of this magnificent estate has been thoughtfully crafted. The park-like landscaping, a masterpiece designed by Robert Truskowski, exudes timeless elegance. The interior decor, envisioned by the renowned Roger Thomas of Wynn Resorts, showcases a seamless fusion of sophistication and comfort.
While this opulent residence would be the envy of many, it is by no means the sole jewel in the owner's collection. In the scenic winter resort community of Sun Valley, an expansive ski chalet awaits, spanning an enormous 25,000 square feet. Furthermore, a beachfront estate, acquired in the fashionable Palm Beach locale, stands as a testament to the owner's refined taste.
However, the pinnacle of extravagance lies in the owner's floating sanctuary known as "Aquarius." This 302-foot, $215 million superyacht boasts unrivaled luxury, complete with a helicopter landing pad, a beauty salon, and an attentive crew of thirty.