100°F
weather icon Windy

Celine Dion sells home for record $30M

Updated May 31, 2023 - 6:36 pm

Singer Celine Dion has sold her existing home in The Summit Club for a new Las Vegas record of $30 million, while Switch CEO Rob Roy has paid $33 million for 5 acres to build a luxury estate in the Summerlin resort community.

It’s part of a flurry of activity involving The Summit that has been a top destination for entrepreneurs and celebrities, including actor Mark Wahlberg and Golden Knights owner Bill Foley.

Dion, who has been dealing with health issues that have kept her off stage, bought the unfinished home in 2017 for $9.2 million but had never lived in it, Realtors and Summit Club residents said. Instead, Dion maintained her residence at Lake Las Vegas, according to Realtors who have knowledge of the deal. Dion paid $1.17 million for her Lake Las Vegas lot in 2002. The home and lot are assessed at $4 million, according to Clark County records.

The Summit Club home sale was off-market and not on the Multiple Listing Service with the buyer being an LLC connected to Chuck Esserman, the president and founder of San Francisco-based TSG Consumer Partners.

The seller was listed as Summit Club Drive Trust with Las Vegas lawyer Scott Swain as trustee. Swain is connected with Dion’s foundation. Local Realtors confirmed it was Dion’s home and it had been on the market since at least 2021.

Dion’s sale eclipses the $25 million deal in 2021 for a newly built 15,000-square-foot home in MacDonald Highlands that sits on 1.26 acres. That Blue Heron build was bought by Anthony Hsieh, the founder and chairman of LoanDepot.

Earlier this month, Real Estate Millions reported a new home project at the top of hillsides in MacDonald Highlands that is slated at 55,000 square feet and is under contract for $75 million. That deal won’t close until it’s built. Four of its lots totaling 1.1 acres closed on May 16 for $10 million to D 2 Properties LLC, according to Clark County property records. Construction by development firm Terra Firma isn’t scheduled to start until early 2024.

Dion’s former property on 1.4 acres measures 30,985 square feet with four bedrooms, seven full baths and five partial bathrooms. It has 11,979 square feet on the first floor; 4,458 square feet on the second floor; 14,548 square feet in a basement and 241 square feet in an unfinished portion of the basement. The home has 3,300 square feet in a basement garage.

Rob Roy property

Roy’s purchase at The Summit Club is the second-highest paid for luxury lots to build a custom home in the development behind the $36 million paid by venture capitalist Marc Andreesen for 4.47 acres.

“It’s amazing what these homes will be worth when they’re finished,” said Zach WalkerLieb, managing partner of Willow Manor at Keller Williams The MarketPlace. “If Rob Roy puts a 30,000 to 40,000 square foot home on there, you’re looking at a $100 million property at least. And you have the (Red Rock Resorts CEO Frank Fertitta III) home (under construction) in there that is even larger, which has the potential to be a $200 million home.”

WalkerLieb said there’s been other recent lot sales in The Summit Club for $15.5 million, $10 million and $9.5 million.

In late March before he bought the lot at The Summit Club, Roy paid $2.1 million for a home in The Ridges. The home built in 2014 measures 4,410 square feet with four bedrooms and 4½ baths.

Renee Snipes with Silver State Realty was the listing agent. Ellie Shefler with Luxury Estates International represented Roy.

In her listing, Snipes said the property has mature landscaping that frames a pool and entertainment area that includes a spa, built in barbecue and fire pit.

The home’s master bedroom features a sitting room, fireplace, private balcony, dual walk-in closets and jetted tub.

There’s a wet bar that has a large wine fridge and a beverage center. It has an expansive 72-inch two-way fireplace between the family and dining room, Snipes said.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
Resort-style mansion in The Ridges lists for nearly $7M

As luxury homebuyers increasingly seek resort-style amenities without leaving home, a newly listed Las Vegas estate is raising the bar. Listed at $6,999,000 and represented by John Sullivan of The John Sullivan Group at huntington & ellis, A Real Estate Agency, the home located at 11 Misty Peaks Court in The Ridges embodies the growing demand for year-round vacation living.

$2.25M luxury log cabin features breathtaking views of Las Vegas Valley

Perched at an awe-inspiring elevation of 9,125 feet, the luxury log cabin is believed to be one of the highest home in Nevada. Its breathtaking view spans hundreds of miles across the valley floor and surrounding mountains.

What luxury homebuyers want

Luxury homebuyer preferences are undergoing a transformation.

What luxury homebuyers want

Luxury homebuyer preferences are undergoing a transformation.

May’s ultra luxury home sales in a lull

A one-story home in MacDonald Highlands led the way among luxury sales during May going for $8.4 million.

LightFair shines a light on Las Vegas

LightFair, in partnership with the International Association of Lighting Designers and the Illuminating Engineering Society, was held at the Las Vegas Convention Center from May 4 to 8.

Vegas luxury new home market remains strong

While new home sales are down 19 percent during the first quarter, closings of luxury homes exceeding $1 million rose 41 percent during the first three months of 2025 as a new Summerlin development chalks up sales and another high-end project is about to commence.

Las Vegas builders find sustainability solutions

Custom homebuilders have worked with the National Association of Home Builders, the U.S. Green Builders Council and government agencies to find creative solutions that address current problems of extreme temperatures, scarce water resources, a growing population, supply chain disruptions, energy access and land availability.

MORE STORIES