Mark Wahlberg drops $15 million for exclusive land in Las Vegas

Twice Oscar-nominated actor Mark Wahlberg has spent US$15.6 million for a 2.5-acre slice of land inside the guarded gates of the ultra-exclusive Summit Club in the upscale master-planned community of Summerlin.

According to The Dirt, Wahlberg and his wife Rhea Durham purchased the two-parcel block of land from retired motorcycle racer Ben Bostrom, who turned a hefty profit on the deal, having purchased the land in two separate transactions – the first in 2020 and the second in 2021, for a total of US$9 million.

At this stage, it’s not clear what the former rapper has in mind for the land, but it’s likely going to be palatial, as their current home in Beverly Park includes 12 bedrooms, 20 bathrooms, more than half a dozen fireplaces, a 15-plus-seat movie theatre, a glass-walled gym, a grotto-style pool, a full-sized outdoor basketball court and several putting greens.

The Summit Club is a 555-acre sanctuary nestled between Red Rock Canyon National Conservation Area and the Las Vegas Strip. It is the only private residential lifestyle club community in Las Vegas.

The Summit Club’s clubhouse offers a state-of-the-art gaming room, several dining options, and view terraces with reflecting pools and fire pits.

Wahlberg’s new neighbours at the Summit Club include a host of Las Vegas high rollers, including Canadian singer Céline Dion, Vegas Golden Knights owner Bill Foley, Las Vegas Raiders owner Mark Davis and Timothy Herbst, who is the founder and executive of the Terrible Herbst gas station company.

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Rowan Crosby

Rowan Crosby is a senior journalist at Elite Agent specialising in finance and real estate.