Andre Agassi Sells Summerlin Land for $18.15 Million
The 1.8-acre Summit Club property sale closed in February 2026 after eight years of ownership.
Updated on Oct. 27, 2026 in Tennis
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Tennis legend Andre Agassi sold his 1.8-acre homesite in Summerlin's Summit Club for $18.15 million in February 2026. The transaction netted an $11.65 million profit for the former champion, who originally purchased the parcel in 2018 for $6.5 million.
Why it matters
The sale marks a significant exit from a high-profile Summerlin development for Agassi, who decided against building a family home as his children grew older. The transaction reflects the shifting real estate landscape in the region's exclusive residential communities.
The 1.8-acre property sale generated a gross profit of $11.65 million over an eight-year holding period. Public records show no development plans were ever filed for the site with Clark County.
The players
Andre Agassi
A Las Vegas-born professional tennis player who won eight major singles titles during his career.
The details
Agassi initially bought the land in 2018 with the intention of building a home, but those plans were abandoned as his family needs evolved. The sale closed in February 2026, transferring the Summerlin land to an anonymous buyer. The deal highlights the high land values currently found within the Summit Club, where demand for custom homesites remains a focus for local luxury real estate markets.
Timeline
2018: Andre Agassi purchased the 1.8-acre land parcel.
February 2026: The property sale transaction closed.
Beyond the Strip
This sale follows the broader pattern of land appreciation in the Summerlin area reported in Clark County property tax assessments. The exit from a high-end parcel reflects a wider trend among local homeowners re-evaluating long-term development plans in the valley's gated communities.
Property values in exclusive Summerlin enclaves remain high as large, undeveloped lots continue to trade for record sums. Residents monitoring regional land use should note that no development plans were ever submitted for this particular Summit Club site.
The takeaway
Large-scale land transactions in master-planned communities often serve as a gauge for luxury market strength. Watch for future county filings if the new owners eventually seek to break ground on the long-vacant parcel.
Further reading
For more on the local sports scene, visit Tennis.
Source note: This article includes information reported by The Times of India.
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