weather icon Partly Cloudy

Mobster Tony Spilotro’s former Las Vegas home sells for $419,900 — PHOTOS

Late mobster Tony Spilotro’s Las Vegas home, which garnered international attention when it was placed on the market in January, has closed at its list price.

Shannon Smith, a Realtor with Realty One Group, said a couple from Wisconsin bought the ranch-style, single-story home at 4675 Balfour Drive near Paradise Park for $419,900. It was recorded by the Clark County Assessor’s Office on Feb. 20 and listed the owner as Thomas G. Lyczak of Milwaukee.

Previous owner David Stevens, a contractor and president of XL Steel, paid $275,000 for the home when he bought it in 2017. He had done some improvements before putting it back on the market.

Spilotro and his wife, Nancy, bought the new home in 1974, and the family sold the home in 1998. A later sale in 2002 listed the property as selling for $210,000.

Spilotro, a Chicago mob enforcer, was made famous by a character based on him in the film “Casino.”

The Paradise Park home measures nearly 2,400 square feet with four bedrooms and two baths. It has a two-car garage and a backyard pool.

Spilotro would entertain friends, neighbors and mob associates in the home and would hold meetings with them around the kitchen table to plan capers. Spilotro is reported to have kept large amounts of cash and weapons in the home, which was believed to be under surveillance by the FBI at times. People joke today that the home may have hidden cash and jewels, but Stevens said the family would have removed anything before selling it two decades ago.

Spilotro’s brother, Michael, lived down the street. Both were killed in 1986, and their bodies were found in an Indiana cornfield.

The buyers became aware of the home through an open house the day after the listing, Smith said.

“It got a ton of attention, and the exposure went worldwide,” Smith said of the media portrayals by the Las Vegas Review-Journal, Los Angeles Times, Chicago Tribune, local television and even a media outlet in Russia. “It has everything that makes for a good story. It has murder, excitement, deceit and history.”

The new owners said they bought the home because they liked it rather than anything to do with the history behind it, Smith said.

Don't miss the big stories. Like us on Facebook.
$9.6M sale on Billionaires Row sets 2021 record

A 13,000-square-foot home in “Billionaires Row” in Summerlin has set the high price so far in 2021 at $9.6 million and at least two more homes on the seven-home block are expected to sell in the coming days and weeks that will shatter that mark.

‘Palace in the Sky’ penthouse lists for $15M

The “Palace in the Sky” at Panorama Towers rises above Dean Martin Drive behind the Strip, showcasing sophisticated artistic expression through its intricate architectural detailing and extraordinary finishes.

NBA star, ‘Pawn Stars’ leading man sell Las Vegas mansions

NBA center DeMarcus Cousins and Rick Harrison, the star of “Pawn Stars” on the History Channel, have sold their Las Vegas homes as the valley’s luxury housing market remains hot.

It’s a car collector’s dream home

A west valley estate with an indoor basketball court and car collector’s dream with enough garage space for 20 vehicles has hit the market for $5.5 million and can be bought using cryptocurrency.

‘Selling Summerlin’ brings Realtor reality TV to Las Vegas

“Selling Summerlin,” from the creators of VH1’s real estate reality show “Love Listings,” will focus on what it describes as “the aggressive and luxurious real estate market in Sin City.”

Luxury home designers create ‘online rooms’

Founder and owner of Synergy Sotheby’s International Realty, Gene Northup, prides himself on recognizing upcoming trends within the luxury real estate market. One, in particular, caught his attention early last year.

Realtor Darin Marques to showcase Vegas at luxury event

The recent California influx inspired Darin Marques, founder of the Darin Marques Group, Huntington and Ellis, to organize and host an exclusive event – Las Vegas Luxury Home Showcase – specifically targeting the Golden State luxury buyer.

Las Vegas new luxury home market hot in 2021

The desire for new luxury homes during the COVID-19 pandemic hit record levels in 2020 and shows no signs of slowing in 2021 given the acquisition of custom lots by the likes of Las Vegas Raiders owner Mark Davis and a builder willing to construct a $12 million mansion in Southern Highlands on spec.

Luxury homebuyers want bigger yard and house, better amenities

“We’ve seen a heightened awareness of spending time at home driving a desire for a higher-quality living experience,” said Blue Heron Design Director Logan Zigeler. “Buyers are looking for more functionality and purpose to each home space.”