Illusionist David Copperfield buys Las Vegas Summerlin home for $17.5M

David Copperfield now has an asset he probably won’t saw in half or levitate or make disappear, although he might disappear into it.

Clark County assessor’s office records show the famous illusionist bought a 31,000-square-foot house at 1625 Enclave Court in Summerlin for $17.55 million. Berkshire Hathaway HomeServices Nevada Properties’ luxury team, Shapiro & Sher Group, which represented both the buyer and seller in the purchase, announced the home’s sale Wednesday.

The Greater Las Vegas Association of Realtors said the price was the highest ever paid for a Las Vegas home. For perspective, the same $17.55 million could buy about 76 homes at the $229,250 average median price the association said local existing single-family homes sold for in May.

The four-story house, designed by Swaback Partners of Scottsdale, Arizona, hadn’t been listed for sale. It includes eight bedrooms, an office, a gym, a wine cellar, full-service spa, a nightclub, three antique arcade exhibit rooms, a golf simulation room, two commercial elevators and a movie theater, Berkshire Hathaway HomeServices said in a statement.

The 1.58-acre property also includes a resort-style infinity four-edge pool, interior Zen garden, tropical landscaping, and a 6,177-square-foot garage with a detailing room.

David Copperfield home image
David Copperfield has purchased a $17.5 million home in Summerlin. (Berkshire Hathaway HomeServices)

The seller was health care executive Kevin Hooks, who bought the land for $2.575 million in 2005 and built the house around 2011.

Copperfield, who performs his magic at the MGM Grand on the Strip, and has amassed an $800 million fortune according to Forbes, was unavailable for comment. But Ivan Sher, who brokered the deal for the Shapiro & Sher Group, said the deal closed in a matter of weeks after Copperfield and his fiancée, Chloe Gosselin, saw it. It offered the perfect mix of grand luxury and privacy.

“It’s in an enclave with some of the most impressive homes in all of Las Vegas,” Sher said. “A lot of people who sell luxury houses don’t know about this little neighborhood. It’s sensational and David and Chloe felt an instant connection with the home’s style and its surroundings.”

Real estate observers said though the deal might sprinkle more stardust on Las Vegas as a celebrity home site, it would have little effect on the larger housing market.

“These kinds of transactions are unique in any given market,” Brian Gordon, principal at Las Vegas research company Applied Analysis said. “And the quoted price point is reflective of a willing buyer and a willing seller.

“But this kind of deal is more of an anomaly and will have little impact for someone who’s searching the market for a more moderately priced home.”

Scott Beaudry, the Greater Las Vegas Association of Realtors’ president, agreed with Gordon. Deals like Copperfield’s are rare and unlike much anything else.

“It’s great that properties like this in the upper price range are able to sell,” he said. “And that may help sales of properties like them. But overall, I’m not seeing an effect on the overall economy. $229,000 is a far cry from $17.55 million.”

Mark Stark, Berkshire Hathaway HomeServices Nevada Properties CEO, said despite the eye-popping price, the deal was straightforward: Supply met demand.

“Given the amenities involved, it’s a reasonable price,” he said. “This property is a win-win for the buyer and the seller.”

Even if the midmarket shrugs, Forrest Barbee, corporate broker with Berkshire Hathaway HomeServices California Properties, said deal shows the luxury market has shaken off its housing crash doldrums. And given the space and amenities for the price, Copperfield’s deal might look like a relative bargain. The same money probably wouldn’t fetch quite as much in other U.S. destination cities like San Francisco or New York.

Sher said the deal sends a message about Las Vegas’ desirability for ultrawealthy homebuyers. If resales near $20 million happen once, he reasoned, they might happen again.

“I expect it to raise the bar for what very ultrahigh-end homes go for in the city,” he said. “They’re such a small fraction of the overall deals, but if two or three of these happen every year or every couple of years, it changes the face of Las Vegas.”

According to the statement, Copperfield’s other real estate properties include a four-story Manhattan penthouse, the world’s largest museum of magic history, and Musha Cay at Copperfield Bay, an archipelago of 11 islands in the Bahamas.

Contact Matthew Crowley at mcrowley@reviewjournal.com Follow @copyjockey on Twitter.

ad-high_impact_4
Business
SHOT Show 2019: Astronaut Knife M-1
To celebrate the 50th anniversary of the Apollo 11 moon landing, Case, the maker of the Astronaut Knife M-1, debuted their commemorative model marking the event at SHOT Show 2019 in Las Vegas. (Mick Akers/Las Vegas Review-Journal)
World of Concrete Day 2 boasts several competitions
Several competitions, including the Apprentice Masonry Skills Challenge for first-year competitors, highlight Day 2 of the World of Concrete show at the Las Vegas Convention Center. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Massive trucks make appearance at World of Concrete
World of Concrete exhibitors discuss the steps to getting giant vehicles inside the Las Vegas Convention Center. (Bailey Schulz/Las Vegas Review-Journal)
SHOT Show 2019 Day 1
SHOT Show -- Shooting, Hunting and Outdoor Trade Show -- kicked off Tuesday, Jan 23, at the Sands Expo and Convention Center in Las Vegas with more than 58,000 expected to visit the four-day show. (Todd Prince/Las Vegas Review-Journal)
SHOT Show 2019 opening
SHOT Show -- Shooting, Hunting and Outdoor Trade Show -- opened Tuesday, Jan. 22, at the Sands Expo and Convention Center in Las Vegas with 15,000 firearms. More than 58,000 people are expected to attend the industry’s biggest show. (Todd Prince/Las Vegas Review-Journal)
Housing development at former Great Mall of Las Vegas site
The Las Vegas City Council approved plans for hundreds of homes on the former Great Mall of Las Vegas site in the northwest valley. The mall was proposed during the mid-2000s real estate bubble and was supposed to be at least 2 million square feet. But it was never built, and the land was lost to foreclosure during the recession. City documents now show plans for 303 houses and 491 apartments.
World of Concrete attendees on the border wall
Attendees at the 2019 World of Concrete convention discuss the best building materials if a wall were to be built along the U.S. border. (Bailey Schulz/Las Vegas Review-Journal)
Xtreme Manufacturing and Snorkel at World of Concrete
World of Concrete boasts 1,600 exhibitors across 745,000 net square feet at the Las Vegas Convention Center. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
CAT Smartphones displayed at World of Concrete 2019
CAT phones for trade workers on display at the 2019 World of Concrete convention. (Bailey Schulz/Las Vegas Review-Journal)
More woman-focused workwear coming to market
Carhartt Company Gear senior brand manager Katelyn Donah discusses a growing percentage of women in skilled trade professions. (Bailey Schulz/Las Vegas Review-Journal)
MGM Grand Plans To Add Retail And Dining To Its Strip Facade
MGM Grand President and Chief Operating Officer Scott Sibella said executives are “discussing redeveloping that entire frontage of the building out to the Las Vegas Strip.” (Todd Prince/Las Vegas Review-Journal)
Boyd Gaming planning new corporate campus
Casino operator Boyd Gaming Corp. has filed plans to build a new corporate campus. The plans call for two 10-story office buildings and a six-level parking garage in the southwest Las Vegas Valley. Boyd Gaming operates The Orleans, the Suncoast, downtown's California Hotel and other properties. The new headquarters would be just a mile from its current main office building.
Bellagio Conservatory transformed to celebrate Year of the Pig
The Bellagio Conservatory Team transformed the 14,000 square foot conservatory to commemorate Chinese New Year, the holiday that marks the end of the coldest days of winter. (Rachel Aston/Las Vegas Review-Journal)
CES 2019: Intro uses sound to connect people
Intro, a startup that is part of the Future Worlds Accelerator in the UK, has an app that uses ultrasonic sound to find people and companies nearby. (Mat Luschek/Review-Journal)
CES 2019 Video: CES wraps up another year
Time-lapse video of the action at CES 2019 in Las Vegas. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Create your own beauty products
Beauty Mix by BeautyByMe is a product that lets you create your own cosmetics and beauty products. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Picobrew’s home brew machine
Picobrew brings automation to homebrewing. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Surviving CES
What it's like to spend four days working the mammoth tech convention. (Jason Bracelin/Las Vegas Review-Journal)
Haier’s smart home
Haier presented smart home technology at CES 2019.
CES 2019 VIDEO: Foldimate makes laundry day easy
Foldimate has created a machine that will fold your laundry for you. Just feed it anything you need folded and it will do the rest. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Opte device corrects skin spots
Opte from Proctor and Gamble is a device for correcting spots and freckles from skin. It analyzes the area for spots and then covers them with a serum of matching skin tone. (Mat Luschek/Las Vegas Review-Journal)
Circa hotel-casino in downtown Las Vegas unveiled
Derek Stevens reveals Circa hotel-casino in downtown Las Vegas. He plans open by the end of 2020. (K.M Cannon/Las Vegas Review-Journal)
Circa, new casino coming to Fremont Street
Casino owner Derek Stevens announces his new property Circa, coming to Fremont Street in downtown Las Vegas in late 2020. (Michael Quine/Las Vegas Review-Journal)
Dreenk My Oeno makes wine suggestions
At CES 2019 in Las Vegas, the Dreenk My Oeno tells you all about wine.
Polaroid One Step Plus camera unveiled at CES 2019
Polaroid has moved into the digital age with its One Step Plus camera with Bluetooth. With the connected app, it turns your smartphone into a remote for the camera, along with filters and features. (Mat Luschek/Review-Journal)
Amazon is everywhere at CES 2019 in Las Vegas
Seemingly everything works with Amazon Alexa
LG Smart Mirror helps you dress snazzy
LG’s Smart Mirror is less of a mirror but more of an assistant to help get you looking snazzy. It takes your image and recommends clothes for you or matches existing clothes with new clothes, which can be purchased right from the mirror. (Mat Luschek/Las Vegas Review-Journal)
Underwater robots make waves at CES 2019 in Las Vegas
Robosea is a company dedicated to underwater robotics. They produce consumer robots for underwater filming as well as commercial products which can be used for underwater research. (Mat Luschek/Las Vegas Review-Journal)
CES 2019 - Victrola record players spin in Las Vegas
A new spin on an old favorite, Victrola record players are meeting a demand for retro products. The brand is also making furnitures with built-in speakers.
CES 2019: Slamtec robots ready to serve
Slamtec is a robotics company out of China whose goal is to provide solutions for laser localization mapping and navigation. They have created two autonomous robots that can be used in areas such as bars, restaurants and malls. (Mat Luschek/Las Vegas Review-Journal)
Entertainment
Artist Joshua Vides created a "White Wedding" chapel for Billy Idol's Las Vegas residency
Artist Joshua Vides created a "White Wedding" chapel for Billy Idol's Vegas residency (Janna Karel Las Vegas Review-Journal)
Try the Burning History cocktail at Zuma In Las Vegas
Try the Burning History cocktail at Zuma In Las Vegas (Janna Karel Las Vegas Review-Journal)
CES final night showcases Drake at XS Nightclub
Drake performed for CES attendees and club-goers at XS Nightclub in Encore at Wynn Las Vegas in the early morning hours of Friday, Jan. 11, 2019. (John Katsilometes Las Vegas Review-Journal)
CES Happy Hour party at Hangover Suite at Caesars Palace
Conventioneers mingled during the Hardware Massive CES 2019 Happy Hour Bash at The Hangover Suite at Caesars Palace in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
CES 2019 Has A Cordless Hair Dryer
CES Has A Cordless Hair Dryer (Janna Karel/Las Vegas Review-Journal)
CES Opening Party in Omnia Nightclub at Caesars Palace
CES conventioneers packed Omnia Nightclub at Caesars Palace, and let loose as they danced to DJs into the night. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Print intricate designs, your pet or your face on your nails
Print intricate designs, your pet or your face on your nails (Janna Karel Las Vegas Review-Journal)
CES 2019: Panel talks Impossible Burger 2.0
Panel talks Impossible Burger at CES during launch at Border Grill on Monday, Jan. 7. (Ben Hager/Las Vegas Review-Journal)
Momofuku Makes A Cocktail With Bok Choy And Beets
Momofuku Makes A Cocktail With Bok Choy And Beets (Janna Karel Las Vegas Review-Journal)
The Dream of AJ Montgomery
AJ Montgomery lost part of his leg in a vehicle accident but found his dream as a performer in “Le Reve.” (John Przybys/Las Vegas Review-Journal)
Kelly Clinton-Holmes of the Stirling Club
John Katsilometes chats with Kelly Clinton-Holmes, director of the Stirling Club's New Year's Eve entertainment.
Month-by-month entertainment coming in 2019
“True Detective” Season 3, HBO (Jan. 13) Travis Scott, T-Mobile Arena (Feb. 6) Robbie Williams, Encore Theatre at Wynn Las Vegas (March 6, 8, 9, 13, 15 and 16) “Game of Thrones” Season 8, HBO (April) Electric Daisy Carnival, Las Vegas Motor Speedway (May 17-19) “Fiddler on the Roof,” The Smith Center (June 4-9) “The Lion King” (July 19) Psycho Las Vegas, Mandalay Bay (Aug. 16-18) Life is Beautiful, downtown Las Vegas (Sept. 20-22) “Tim Burton @ the Neon Museum” (Oct. 15) “Frozen 2” (Nov. 22) “Star Wars: Episode IX” (Dec. 20)
Lacey Huszcza invites you to find something to love at the Las Vegas Philharmonic
Lacey Huszcza, executive director of the Las Vegas Philharmonic talks about the orchestra's wealth of programming. (Janna Karel/Las Vegas Review-Journal)
Gina Marinelli offers La Strega preview
Gina Marinelli used a pop-up New Year’s Eve dinner at Starboard Tack to preview items she’ll feature at her new Summerlin restaurant, La Strega. (Al Mancini/Las Vegas Review-Journal)
New Year’s Eve at Sparrow + Wolf
Sparrow + Wolf’s New Year’s Eve party was a sort of official unveiling of its newly renovated space. (Al Mancini/Las Vegas Review-Journal)
Las Vegas NYE Fireworks - VIDEO
The full show: A spectacular view from the rooftop of the Trump International Hotel as 80,000 pyrotechnics illuminated the Las Vegas Strip at the stroke of midnight. Fireworks by Grucci choreographed launches from the Stratosphere, the Venetian, Treasure Island, Caesars Palace, Planet Hollywood, Aria and MGM Grand.
Debra Kelleher Of The Stirling Club
Debra Kelleher, DK Hospitality President talks with Johnny Kats about the reopening of the Stirling Club.
Richard Ditton Of The Stirling Club
Richard Ditton, an investment partner of the Stirling Club talks with Johnny Kats about the reopening of the club.
NYE at the Stirling Club
John Katsilometes reports from the reopening of the Stirling Club on New Year's Eve 2018.
Michael Stapleton of the Stirling Club
Michael Stapleton, COO of the Stirling Club talks with Johnny Kats about the reopening of the club.
Recap the Countdown on Fremont Street — VIDEO
Nearly 40,000 people packed Fremont Street to enjoy America's Party Downtown. As the tradition stands, Las Vegas Mayor Carolyn Goodman counted down the clock on the 3rd Street Stage, alongside her husband and former mayor, Oscar Goodman.
New Year's Eve live from the Las Vegas Strip Bellagio Fountains - Video
Reporter Aaron Drawhorn near the Bellagio Fountains as hundreds of thousands gather to celebrate New Year's Eve in Las Vegas
Ryan Reaves describes the flavors in Training Day beer
Ryan Reaves talks about the flavor of Training Day, the new beer from 7Five Brewing that was launched at the PKWY Tavern on West Flamingo Road. (Al Mancini/Las Vegas Review-Journal)
Ryan Reaves describes his new beer
Golden Knights winger Ryan Reaves talks about his new beer from 7Five Brewing at a launch party at PKWY Tavern on West Flamingo Road. (Al Mancini/Las Vegas Review-Journal)
Vegas' five biggest NYE concerts
Imagine Dragons at The Chelsea at The Cosmopolitan of Las Vegas, Lady Gaga at The Park Theater at Park MGM, Maroon 5 at the Mandalay Bay Events Center, Bruno Mars at T-Mobile Arena, and Tenacious D at The Joint at the Hard Rock Hotel & Casino.
Celebrate New Years Day, Hangover Day and Bloody Mary Day at Cabo Wabo
Celebrate New Years Day, Hangover Day and Bloody Mary Day at Cabo Wabo (Janna Karel Las Vegas Review-Journal)
Michael Symon, chef and owner of Mabel's BBQ, talks about his first Las Vegas restaurant
Michael Symon, chef and owner of Mabel's BBQ, talks about his first Las Vegas restaurant. Bizuayehu Tesfaye @bizutesfaye
New American Eagle flagship on the Las Vegas Strip lets you customize your clothing
American Eagle flagship on the Las Vegas Strip lets you customize your clothing
Bellagio Conservatory display is Majestic Holiday Magic
Majestic Holiday Magic at the Bellagio Conservatory
Las Vegas Ready for 2019 NYE Fireworks Show
The city of Las Vegas is ready to celebrate "America's Party" with a new and improved fireworks show that will pay tribute to the Golden Knights.
Real Estate Millions
Real Estate Millions: Jonathan Marchessault
Real Estate Millions: Say Yes To The Nest
Real Estate Millions: KB Smart Home
Marc-Andre Fleury selling Las Vegas home for $2.5M - VIDEO
Golden Knights goalie Marc-Andre Fleury has put his custom Southern Highlands home on the market for $2.5 million. The single-story home, built on a .63-acre lot in 2015, measures 5,285 square feet and has a 717-square-foot casita and three-car garage. It has five bedrooms and six baths. Fleury bought the home from former NHL player and fellow Canadian Sheldon Souray, according to public records. When he signed his three-year, $25M contract extension over the summer, Fleury told the media he and his family love Las Vegas and cited its great schools and neighborhoods with a lot of things for kids to do. Fleury said he and his family love their home in Southern Highlands, but wanted to be “closer to the Summerlin area." Home photos courtesy of Ivan Sher Group
Marc-Andre Fleury selling Las Vegas home for $2.5M - VIDEO
Golden Knights goalie Marc-Andre Fleury has put his custom Southern Highlands home on the market for $2.5 million. The single-story home, built on a .63-acre lot in 2015, measures 5,285 square feet and has a 717-square-foot casita and three-car garage. It has five bedrooms and six baths. Fleury bought the home from former NHL player and fellow Canadian Sheldon Souray, according to public records. When he signed his three-year, $25M contract extension over the summer, Fleury told the media he and his family love Las Vegas and cited its great schools and neighborhoods with a lot of things for kids to do. Fleury said he and his family love their home in Southern Highlands, but wanted to be “closer to the Summerlin area." Home photos courtesy of Ivan Sher Group
Real Estate Millions: Waldorf Astoria penthouses
Real Estate Millions: Cold Creek Log House
Real Estate Millions: Brett Torino Christmas
Real Estate Millions: Pia Zadora
Real Estate Millions: Lake Las Vegas
Real Estate Millions: 27 Burning Tree Court in Spanish Trail
LEED home
Real Estate Millions: Top 10 Most Expensive Homes Sold In 2018
Real Estate Millions: Operation Halloween
Realtor and owner of Operation Halloween, Nicole Tomlinson, shares high-end luxury 'tricks of the trade' for Halloween decorating.
Real Estate Millions: Ascaya Pool Home
$15.5M Ascaya home has 5,900-square-foot pool.
Rat Pack-era home once housed Las Vegas entertainers
3671 Tioga Way in Paradise Palms neighborhood Listed for $650,000 Professional photographers Mark and Sarah Gascoine
Home builder Toll Brothers has plans in Summerlin
Toll Brothers purchased of 128 acres of property near Mesa Park Drive and Town Center Drive will be used for a housing development. (Michael Quine/Las Vegas Review-Journal)
Rich MacDonald estate in Henderson
Rich MacDonald estate in Henderson
Real Estate Millions: Liberace Mansion
Real Estate Millions: 4120 Mont Blanc Way, Mount Charleston
Real Estate Millions: 8 Vista Crescent Court, Ascaya, Henderson
Real Estate Millions: 11172 San Terrazo Place
Real Estate Millions takes a look at Blue Heron Real Estate.
Real Estate Millions: 1325 Villa Barolo Ave
Overlooking the second hole of the Rio Secco golf course within the community of Marquis Seven Hills is a modern masterpiece of light and architectural artistry. Designed by the award-winning Blue Heron design team, the home known as The Aurora Estate adorns the likes of the most noteworthy LED displays and lighting projects from around the world. XLED Systems founder and mastermind behind the world-renowned Freemont Street Experience, Hong Kong’s Disneyland Storybook Theater and the larger-than-life concert stages of Justin Bieber, Keith Urban and the Foo Fighters (to name a few)—brings light and magic to the hills of this private and highly desirable gated community. The combination of the 133” custom HD/LED Digital Display, 150+ interior/exterior lights and 34 indoor/outdoor surround sound speakers bring a unique ambiance and entertainment level to the home. Other spectacular bonus features include a 1,200 SQFT pool, therapy spa, wet step lounge, $100K+ full Crestron system in-sync with Amazon’s Alexa, 9 security cameras and panic room.
Real Estate Millions: One Queensridge Place
Real Estate Millions takes a look at 9103 Alta Drive #1501, Las Vegas, NV.
Underground home was built as Cold War-era hideaway
The underground house at 3970 Spencer Street is one of the valley’s most unusual homes built 26 feet underground in 1978 by Girard “Jerry” B. Henderson, who, planned to survive the end of the world there.
Real Estate Millions: 323 Mont Blanc Way
Garry Tomashowski talks about his cabin in Mount Charleston.
Famous Las Vegas underground house
Did you know there is an underground house in Las Vegas? The home was originally built as a bomb shelter in 1978, and sits 26 feet below the surface. The midcentury-style home measures about 6,000 square feet, and features two bedrooms and three bathrooms. There’s a 6-foot-deep pool, a spa, a barbecue area, and a carpeted six-hole putting green. The Underground House has lighting that emulates different times of the day. And mountain and wilderness murals depict an outdoor setting. The home is accessed from a flight of stairs that’s part of a town home.
Real Estate Millions: 36 Olympia Canyon Way
Mitch McClellan and John McDonough talk about their property in Southern Highlands.
Real Estate Millions: 20 Vintage Valley Drive, Southern Highlands
Real Estate Millions: 2315 Alta Drive
Real Estate Millions: 28 Sankaty Circle
Barbara Adcock talks about her favorite parts of her home in Anthem.
Real Estate Millions: Uri Vaknin
Real Estate Millions host Susan Kocab interviews Uri Vaknin about the renovations he made to his home and why he chose a one story building.
Real Estate Millions: MacDonald Highlands
Brad and Ann Adams talk about their home in MacDonald Highlands.
Real Estate Millions: MacDonald Highlands
TOP NEWS
News Headlines
ad-infeed_1
ads_infeed_2
Local Spotlight
Home Front Page Footer Listing
Circular
You May Like

You May Like