It’s only been two years since I set up a home in the Las Vegas area Set the record For the most expensive residential purchase in the area. This record may soon drop, and it is the same house that could provide the new watermark.
Billionaire LoanDepot founder Anthony Hsieh paid $25 million for the four-bedroom, 15,000-square-foot estate in 2021, just months after developer Blue Heron finished building the home. It’s now back on the market with a hefty price tag of $34 million.
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What justifies such a rise in prices over a period of only two years? Well, Hsieh expanded the home’s footprint during his ownership, including adding office space, a lounge area, and a butler’s kitchen, as first reported by The Wall Street Journal. The great room, whose ceilings reach the third floor, is surrounded by a reflecting pool and one of the house’s two infinity saltwater pools, which extend to the master suite, per Listing held by Douglas Elliman broker Christine Ruth Silberman.
The overall design features sharp, modern lines combined with natural materials and sweeping views across the desert. A 360-degree view deck and glass-walled Sky Lounge overlook the Las Vegas Valley, accessed via a glass bridge, adding an airy indoor-outdoor feel to the space.
Other amenities include a spa, game room and glass wine cellar, as well as a 5,000-square-foot deck space, an 11-car garage and a 13.5-foot LED media wall. It also contains more than 300 solar panels and a spare battery.
Hsieh has lived in the three-story home, which is located 10 miles from the Las Vegas Strip, for “less than four nights” since June 2022. Share on Instagram. Hsieh has focused his Bad Company world tour with Bad Company Fishing Adventures, for which he has devoted at least 140 days of travel per year until at least 2026. This commitment to travel has led him to “evaluate some assets that I may not be able to do.” Need longer.”
In his absence, he has rented the house back to Blue Heron, which is using it as a showcase for potential clients, according to Wall Street Journal. The lease allows Hsieh, who only intended to use the property as a second home, access to the home while visiting the area. It should be noted that the lease is not scheduled to expire until the end of 2024. Despite the limited time Hsieh spent at home, Ruth Silberman told The Guardian Wall Street Journal Hsieh plans to build a new, larger home in the area, with Blue Heron as the developer.