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Billionaire Casino Mogul Steve Wynn Lists Beverly Hills Estate For $110 Million

Steve Wynn is a Forbes Billionaire and the co-founder and former CEO of Wynn Resorts, which includes some of Las Vegas’ most notable casinos.

Wynn has homes around the country, including in Las Vegas; New York City; Sun Valley, Idaho; Palm Beach, Florida, where he currently resides; and Beverly Hills, California.

His newly listed Beverly Hills property was built by Guess cofounder Maurice Marciano in the early 1990s. It’s located within a private cul-de-sac in the Benedict Canyon neighborhood, whose residents include Billy Joel and other well-known figures. Wynn bought the property in 2015 and stripped the existing home to the studs and built it nearly from scratch, adding nearly 10,000 feet to the home. He also invested millions of dollars into the landscape design.

The sprawling estate sits on 2.7 acres of land, which is unheard of in Beverly Hills, and the home spans 27,150 square feet. Wynn enlisted architect William Hablinski, landscape designer Robert Truskowski and interior designer Robert Thomas of Wynn Resorts.

“What he set out to do was create a personal resort, not just a home,” says listing agent Leonard Rabinowitz. “There is a long, winding driveway that leads to the house, which is set back on the property, and beautiful, winding illuminated walkways with music that lead to the pro tennis court and pool.”

The estate has 11 bedrooms and 16 bathrooms total. There are four en-suite bedrooms, as well as staff quarters in separate wings of the home, one wing with three bedrooms and a kitchen for domestic help and one with three bedrooms and a kitchenette for a private security team. An elevator is on-hand to transport you between the home’s many floors. There is also a separate, and very spacious, guest lanai. The home has a grand living room and an indoor-outdoor dining room with city views. Outside, there are winding walkways that lead to the rectangular swimming pool and the pool lanai, featuring a kitchenette, and the lighted, pro tennis court with an air-conditioned seating house.

Indoor-outdoor living reigns supreme and Thomas ensured the city views could be enjoyed from nearly every room. The home features floor-to-ceiling windows that perfectly frame downtown Los Angeles. Wynn’s wife, Andrea, had a lot of influence on the home and sought to create a modern and elegant space.

“She wanted it built between sophisticated living and family living,” Rabinowitz says. “ The south side of the house is for adult living, while the north side of the house was built for family activities with the pool and the pool house.”

Similar to a luxurious suite at Wynn Resorts, the home has coffered ceilings, a sleek, neutral color palette and beautiful lighting. There are several rooms, however, with bold pops of color, like the blue walls and velvet blue couches, as well as the reception room near the foyer, with crimson-red walls and a chic wet bar.

“You open the door to the property and are struck by the symmetry of design and the scale,” Rabinowitz says. “The ceilings are 20-feet high, there are bold pieces of art and there’s a large-scale hallway, if you can even call it that. It must be 15-feet across, and you look down from one end all the way to the other and notice the symmetry of the doors on either side. Every bit of it is extremely well thought out.”

The home has everything a billionaire mogul could want, including an impressive theater with a commercial-grade screening room and comfortable tiered couch seating; a gym with more than 40 pieces of equipment; a wine room; media room; and two large owner’s offices. Most everything, like the lighting, can be controlled via iPads.

Like a Las Vegas hotel, there is always more extravagance around the corner, and Wynn doesn’t seem to do anything halfway. As an art collector, he hangs his priceless collection via hidden wires that line the perimeter of several rooms, so he can constantly rotate pieces like in a high-end public gallery. He also installed institutional light with commercial-grade dimmers and switches only found in a gallery or museum.

“You can feel how solidly this home is built,” Rabinowitz says.

Privacy is one of the main draws of the home. In addition to its private neighborhood, long driveway and security quarters, Wynn also installed a generation plant with self-contained fuel that is able to power the entire property for more than two weeks, similar to a generator at a resort property.

The home is listed by Leonard Rabinowitz, Rick Hilton and Jack Friedkin of Hilton & Hyland.

Story courtesy of Forbes

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