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.

“When Steve bought the property, it was a traditional mountain home with lots of dark wood,” Engelmann says. “He not only added to the home but made it all lighter inside. The windows were opened up, and everything was replaced with a lighter interior. It was a substantial overhaul, and he added two other wings to it. In 2021, he also added a pool and spa.”

The main residence features six “hotel-caliber,” en suite bedrooms; a massage room; gym; catering kitchen; and media room. The great room has a cathedral ceiling and a towering, floor-to-ceiling window that offers spectacular mountain views.

A nearby bar has built-ins, a cozy fireplace, and a wall of windows. The open kitchen offers exposed, wood-beam ceilings; high-end appliances; and a large, granite center island.

‘Like living in a Wynn Hotel’

“The property is very private but also very close to town,” Engelmann notes. “It borders 16 acres that are owned by the association, so it is all open space.”

And the mansion’s beyond-luxe amenities lend a vacation-at-home atmosphere.

“The house itself is like living in the Wynn Hotel, from the his and hers toilets in every bathroom down to the slippers and robes,” Engelmann says. “He has museum-quality lighting to showcase his art. The pool even has a lane light, so you can swim at night. Every detail was considered during the remodel.”

A floating, illuminated, curved staircase leads to a spectacular primary suite with a fireplace, extra-long vanity, a walk-in closet, and sliders that open to a private terrace.

“The whole house runs on a Crestron system—lighting, blinds, fireplaces, security, AV, et cetera—and can be controlled remotely,” Engelmann says.

As for who might snap up this spectacular offering, she says, “I think the next owner will probably be someone who has grown kids or grandchildren and might want to build next door for extended family. We have had people want to buy the guesthouse separately, but Steve wants the person who buys the main home to have the opportunity to buy the adjacent lot.”

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