Mark Wahlberg Sells Vacant Las Vegas Lot for $17M

Posted on: March 5, 2025, 04:58h. 

Last updated on: March 6, 2025, 10:15h.

Corey Levitan Read More
Expertise: Commercial Gaming, Entertainment, Expert Insight, Las Vegas, Restaurants, Las Vegas Myths.
  • Mark Wahlberg sold an empty 2.5 acres of land in the uber-wealthy Las Vegas enclave he calls home
  • He had been planning to build a house on the land but decided against it
  • He bought two houses in the same community, one of which he sold in 2023

Mark Wahlberg recently sold an empty 2.5 acres of Las Vegas land for $17.25 million, Clark County property records show. The Hollywood A-lister and Wahlburgers restaurateur bought the land to build a house but ended up selling it instead, for $1.65 million more than he paid in 2022.

An image of Mark Wahlberg, taken in 2022, is superimposed on the entry road to the Summit Club, where he is believed to reside. (Inset: Shutterstock)

The land is located inside an enclave for the uberwealthy in the Las Vegas suburb of Summerlin, around the corner from the home singer Celine Dion purchased in 2017 for $9.2 million and sold in 2023 for more than triple that sum.

Off Town Center Drive between Flamingo Road and Tropicana Avenue, the Summit Club spans more than 600 acres featuring a golf course, a $90 million clubhouse, and round-the-clock security. In 2021, a California resident paid $36 million for 4.5 acres in the community, setting a record high for Las Vegas real estate.

A House Subdivided

According to county records, Wahlberg had pursued plans to build a custom, 37,694 square-foot home on the land. He wrote a letter to the county last October asking for an extension on the project’s plan review to secure financing for its $25 million construction cost.

Ultimately, no building permits were issued and the land was transferred to a buyer who shielded their name using a limited-liability corporation. The sale closed on December 31 last year.

Wahlberg flipped his former home in the Summit Club for $2.1 million more than he paid for it. (Image: Dann Marques)

Wahlberg, 53, moved to Las Vegas from Beverly Hills in 2022, banging a drum to turn it into “Hollywood 2.0.”

Reportedly, a Sony Studios executive caught wind of his pitch and took a meeting, which was what got the ball rolling on the movie studio currently in the works for 31 acres of land next door to the Summit Club.

Wahlberg also purchased a separate, 7,000-square-foot house in the Summit Club for $14.5 million in 2022, but sold that for $16.6 million in 2023.

Wahlberg and his wife, Rhea Durham, aren’t suspected of pulling up stakes and returning to Tinsel Town. They are believed to reside in another 8,400-square-foot Summit Club home that Wahlberg purchased for $21 million in 2023.

Wahlberg has repeatedly stated his profound love of life away from TMZ cameras as a regular dad of his four children: Ella, 21, Michael, 18, Brendan, 16, and Grace, 15.

How He Made His Mark

Wahlberg, who began his career as rapper Marky Mark, built himself into a marquee brand with starring roles in blockbusters such as “Boogie Nights,” “The Italian Job,” and “The Departed,” the last of which earned him a 2006 Oscar nomination for Best Supporting Actor. (He lost to Alan Arkin’s performance in “Little Miss Sunshine.”)

Wahlberg appears in a video promoting a Summerlin gym in 2024. (Image: Instagram)

Wahlberg’s biggest successes so far, however, have come in real estate. Beginning in 2018, he sold his family home in Beverly Hills for $12.4 million, $7.45 million more than he paid in 2001. In 2023, another Beverly Hills house sold for $55 million, $46.75 million more than he paid in 2009.

Add in his co-ownership of 90-plus Wahlburgers fast-food restaurants worldwide, as well as reported investments in a clothing line, a chain of gyms, a bottled water company, and a Barbados cricket team, and Wahlberg’s Hollywood paychecks don’t contribute as much as one might think to his reported $400 million net worth.

Since moving to Las Vegas in 2022, Wahlberg opened a Mexican restaurant in Town Square, Flecha Cantina, and licensed his name for use by a Summerlin gym.