Andre Agassi Sells Las Vegas Land Parcel for $18.15 Million

Former tennis champion Andre Agassi completed an $18.15 million sale of a vacant 1.8-acre homesite in the exclusive Summit Club community in Summerlin, Las Vegas, earning nearly triple his 2018 purchase price of $6.5 million.

Property records cited by the Las Vegas Review-Journal indicate the transaction closed in February 2026. The deal generated a gross gain of $11.65 million before accounting for taxes, fees, and other transaction costs. Reports indicate the buyer's identity was kept private through the use of limited-liability companies.

Property Details and Background

• Location: The 1.8-acre parcel is situated on the western edge of the Las Vegas Valley within the guard-gated Summit Club community.
• Features: The elevated site offers views of the city and surrounding mountains, alongside community amenities such as an 18-hole golf course and a luxury clubhouse.
• Development Status: Clark County records show that Agassi never filed development plans for the land.

Reasons for the Sale and Market Context

According to listing agent and brother Phillip Agassi, the former tennis star initially considered building a sprawling family home on the site. However, as Agassi's children grew older, downsizing became a more practical option, leading to the decision to sell.

The transaction underscores strong demand within Summerlin's luxury real estate market, which has attracted affluent residents and notable figures. Industry professionals have pointed to the community's strict security and privacy measures as key drivers of its high property values.

Practical Implications and Verification

• Market Insight: The sale illustrates the appreciation potential of well-positioned luxury land in gated communities within the Las Vegas area.
• Verification: Interested observers can review public property records through Clark County databases or consult local real estate filings reported by regional outlets like the Las Vegas Review-Journal to verify transaction details.
• Background: Agassi achieved a decorated tennis career featuring eight major singles titles, an Olympic gold medal, and more than $31 million in career prize money alongside his wife, fellow champion Steffi Graf.