Stars like Mark Wahlberg don’t just go to Las Vegas these days to have a good time. Now, they’re flocking to it—permanently.
Wahlberg just flipped a 7,327 sq.-ft. townhouse in the exclusive Las Vegas residential community known as The Summit Club for $16.6 million after he moved to the area with his family last year, according to documents obtained by Las Vegas Review Journal and reviewed by PEOPLE. He originally bought the two-story house for $14.5 million.
But Father Stu star, 52, remains in Las Vegas after the press sale.
“When we decided to move [to Las Vegas]we wanted to move before school started, so we moved to a temporary location and now we’ve moved to another location,” Wahlberg said Danas.com. “The plan was always to build not only a studio, but also a family house. We just moved from one house to another.”
“You have Las Vegas and people automatically think, ‘Oh, the Strip.’ But [in] Nevada, there are wonderful communities,” he continued. “I live in a wonderful community that’s really faith-based, great schools. There’s a lot more to Las Vegas than the Strip.”
Celine Dion, Nicolas Cage, Nick Carter and Mike Tyson are among the bold names who have long lived in Vegas, where Nevada’s state income tax breaks, low crime and light traffic are especially beneficial — and the lack of paparazzi doesn’t hurt.
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Today, the exclusive community of Summerlin is the “Beverly Hills of Las Vegas” and is similar to Scottsdale near Phoenix, says Summerlin realtor Michael Bondi. “All the celebrities have houses there. It has that sense of richness.”
And areas like The Summit Club — the latest luxury development in the area where Wahlberg sold his townhouse — are especially desirable, adds luxury real estate agent Gavin Ernstone.
Just a 20-minute drive from the world-class entertainment of the Las Vegas Strip, The Summit Club is a 555-acre private community that offers a high-end lifestyle that attracts sports stars, celebrities and the ultra-wealthy. One of the key offerings it offers residents is “a very, very high level of security, the highest you’ll see,” says Ernstone.
Inside the gated community are “amazing facilities,” adds Ernstone. “They’ve got an amazing clubhouse that they’ve just opened, their own purpose-built lakes that the kids can go fishing in, a baseball field and an amazing golf course that’s members-only and exclusive to residents.” Homeowners enjoy stunning views of the nearby Red Rock Canyon National Conservation Area, and amenities include an accommodation suite for events such as Raiders games at Allegiant Stadium, where residents are transported in private cars. “It’s exclusivity,” emphasizes Ernstone.
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Summit Club is just one of the prestigious communities built by Discovery Land Co., which boasts similarly styled destinations in locations including the Bahamas, Montana, Cabo San Lucas, Idaho and Hawaii. Some families even invest in homes in the developer’s portfolio and jump between them, says Ernstone: “It’s certainly a following among the ultra-rich and it’s extremely exclusive.”
Wahlberg told PEOPLE in April that his family “loved Vegas” and that his four children had settled in nicely after just six months. The Oscar-nominated actor and his wife Rhea Durham are parents to Ella, 19, Michael, 16, and Brendan, 14, and Grace, 13.
“Stunning” growth in the area has also prompted California-based companies like Google and Amazon to pull out, creating a shortage of residential land to build on, Bondi says.
Las Vegas could even become a production hub like Atlanta in the coming years, thanks to a bill before the Nevada Legislature that would greenlight the development of a film studio just a five-minute drive from communities like The Summit Club. Sony Entertainment and a local developer “have already come up with a plan to build a 58-acre studio,” says Bondi.
In October 2022, Wahlberg said Conversation he hoped to lobby for tax breaks to “build a state-of-the-art studio here and make this Hollywood 2.0.”
Overall, Wahlberg said he wanted to give his children a higher quality of life by moving.
“Being able to give my kids a better life and pursue and pursue their dreams — whether it’s my daughter as a rider, my son as a basketball player, my younger son as a golfer — this made a lot more sense for us,” he explained. “There’s a lot of opportunity here. I’m really excited about the future.”
Categories: Trends
Source: HIS Education