andre agassi has sold a 1. 8-acre homesite in the Summit Club at Summerlin for $18. 15 million, a transaction that closed last month and has left the new owner’s identity obscured behind multiple limited-liability companies.
Sale Details and Price
The parcel, located on the western edge of the Las Vegas Valley in the Summit Club, closed for $18. 15 million. Property records show the tennis star purchased the plot in 2018 for $6. 5 million, meaning the sale realized nearly triple his original outlay. The site remained undeveloped; Clark County records show no project plans were ever filed for construction on the lot.
Andre Agassi Buyer Hidden Behind Layered LLCs
The buyer acquired the site through a chain of limited-liability companies, with property sales records and business-entity filings failing to show Andre Agassi’s name on either the purchase or sale. The LLC that bought the parcel lists a Las Vegas mailing address that matches the address used by an education foundation tied to the owner, and the deed shows the buyer’s mailing address as a mailbox at a Postal Etc. store in Las Vegas.
Public filings indicate the purchasing LLC is managed by another LLC with a nearly identical name. Two people were identified in connection with the buyer in public records; one appears to work for a company that handles corporate paperwork for clients and the other appears to be a paralegal for a law firm. Brady Luxury Homes, which handled the listing, said its team cannot comment on the new owner’s identity.
Owner Intent, Property Features and Local Context
Phillip Agassi, the listing agent and brother of the former owner, says his brother initially planned to build a large residence on the elevated site but shifted plans as family needs changed, noting a move toward downsizing as children grow older. The parcel offers sweeping views of the city in one direction and nearby mountains in another and has enough space for a substantial luxury home.
The Summit Club, located off Town Center Drive south of Flamingo Road in the Summerlin master-planned community, is known for high-end residences and amenities, including a luxury clubhouse, an “Outdoor Pursuits” team that assists residents with regional activities, and an 18-hole golf course with snack-loaded comfort stations. The community has previously drawn celebrity buyers.
Legacy and Financial Outcome
The sale caps a transactions arc that turned a 2018 purchase into a sizable profit for the former owner. In addition to real estate activity, public materials note the owner’s long tennis career, which includes multiple major championships, an Olympic gold medal, numerous titles and over $31 million in career prize money. For now, the primary storyline remains the buyer’s layered corporate structure and the lack of public information about who will ultimately build on the site.
With the closing completed last month and no development plans on file, the property’s future use and the identity of the buyer remain the most immediate open questions. Local permitting records and business filings will be the next places to watch for any filings that could reveal intentions for the parcel.
