From Realtor.com, Casino King Steve Wynn Hopes To Hit It Big With Sale of $27M Idaho Compound

Casino magnate Steve Wynn is letting go of his sprawling Ketchum, ID, estate for $27 million. The sky-high price tag makes it the most expensive property in the state.
The 81-year-old has been slowly selling off $300 million in his personal real estate portfolio, as reported by The Wall Street Journal—from a $78.5 million estate in Palm Beach, FL, to a $90 million New York City penthouse.
Last year, he unloaded his Las Vegas, NV, home for $17.5 million and another waterfront spread in Palm Beach for $32 million.
As for the Idaho megacompound, the property sits on two lots, for a total of four acres. One parcel features a main house originally built in 1986, and a second parcel contains the guesthouse constructed in 1979.
The magnificent mountainside retreat boasts a total of 11 bedrooms and 14 bathrooms throughout a sprawling 15,453 square feet.
According to listing agent Sue Engelmann, of Berkshire Hathaway HomeServices Sun Valley Properties, the casino mogul purchased the home in 2009 and essentially rebuilt the entire place in 2014.

Steve Wynn is an American casino magnate who has made a name for himself in the gambling industry. He was born on January 27, 1942, in New Haven, Connecticut. He grew up in a family of hoteliers and started his career in the hospitality industry at a young age. He is known for his role in the development of the Las Vegas Strip and the creation of some of the most iconic casino resorts in the world.

Wynn's career in the casino industry began in the 1960s when he worked for his family's hotel business. He later moved to Las Vegas and became the owner of the Golden Nugget casino in 1973. He transformed the casino into a luxurious destination and turned it into one of the most successful casinos in Las Vegas.

Wynn's success at the Golden Nugget led him to create his own company, Mirage Resorts, in 1989. The company's first project was the Mirage, which opened in 1989 and quickly became one of the most popular and profitable casinos in Las Vegas. Wynn's next project was the Treasure Island casino, which opened in 1993 and was also a huge success.

Wynn's most famous project, however, was the Bellagio, which opened in 1998. The Bellagio was the most expensive casino ever built at the time, costing over $1.6 billion to construct. It featured a 8.5-acre lake with a choreographed fountain display, as well as a botanical garden, art gallery, and a theater. The Bellagio became an instant icon and set a new standard for luxury and extravagance in the casino industry.

Wynn's success continued with the development of the Wynn Las Vegas in 2005, which featured a 110,000 square foot casino and over 2,700 hotel rooms. The Wynn Las Vegas was followed by the Encore Las Vegas in 2008, which added an additional 2,034 hotel rooms and a 60,000 square foot casino.

Wynn's success in the casino industry has earned him a reputation as one of the most influential figures in Las Vegas. He has received numerous awards and accolades for his contributions to the industry, including induction into the American Gaming Association's Hall of Fame in 2006.

Despite his success, Wynn has faced controversy in his personal life. In 2018, he resigned from his position as CEO of Wynn Resorts after allegations of sexual misconduct were made against him. He denied the allegations but stepped down from his position to avoid causing any further damage to the company.

Wynn's impact on the casino industry is undeniable. His vision and dedication to creating luxurious and extravagant destinations have set a new standard for the industry. His projects have become iconic landmarks in Las Vegas and have attracted millions of visitors from around the world. Although his personal life has been controversial, his contributions to the casino industry will be remembered for generations to come.

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