The six-bedroom, 15,000-square-foot property last changed hands in 2022 for $17.5 million. The asking price has gone up significantly since then.
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The Los Angeles homebuilder plans to build 200 housing units on the 32 acres it recently purchased in the western part of the community.
Construction on the project at the edge of Red Rock Canyon is slated to begin in early 2025.
The Summerlin estate has been on and off the market over the past few years and was priced at $24.5 million last fall.