The Art of Real Estate
The real estate market has become the token industry to invest in, for homeowners and global corporations alike. As the market evolves, the industry has grown from more than just suburban dwellings and studio apartments. Now with cutting-edge, futuristic properties for sale, entrepreneurs Steve Wynn and Greg Norman have made the most of the real-estate industry, paving the way for eccentric dwellings to enter the market.
Photo Credit: Berkshire Hathaway
Steve Wynn, an American real estate businessman and art collector, is known for his involvement in the casino and hotel industry. Steve developed the Las Vegas casinos Golden Nugget, Mirage, Treasure Island and Bellagio, and later expanded to Atlantic City, Boston, Mississippi, and China. With the wealth he had accumulated through his business ventures, Wynn was able to fulfill his passion for art, collecting paintings from Picasso to Claude Monet and Johannes Vermeer.
His most infamous business venture is the purchase of the Museo, a 13,500 square feet property symbolizing the combination of Vegas fashion, European sophistication, and a luxury golf resort. The resort itself exemplifies Old World European elegance but adapted to the outdoor lifestyle. Investors and guests alike are drawn to the Museo’s extravagant four-tier fountain, charming Roman gazebo, pool, spa, and extensive gardens. Cypress trees, palms, and other plantings surround the pool terrace as it overlooks the La Madre Ridge Mountains. As impressive as it is on the outside, the Museo stunning interior features six bedrooms and nine baths, along with a master suite with his-and-her baths, dressing room, and a hair salon. Additionally, there are his-and-her executive offices, a family room with a wine closet, a media room, and den. All are adorned in elegant finishes, with gilded doors, silk carpeting, and mohair-covered walls. New to the market, Steve Wynn is selling his lavish Las Vegas home/resort at $25 million.
Steve Wynn’s Museo
Steve Wynn is not the only businessman who turned his property into a multi-million-dollar investment. Greg Norman, a household name in championship golfing, has used his golf winnings to expand his real estate enterprise, owning and managing the Seven Lakes Ranch.
The big-game hunting and fishing ranch is nestled in the White River Valley of the Flat Top Mountains in Colorado, designed to accommodate large groups of sporting enthusiasts, friends, and family. The 13,907 sq. ft lodge includes an elegant-yet-rustic log mansion with several dining venues, game room, long-distance shooting range, sporting clays, and activities ranging from horseback riding, biking, hiking, snowmobiling, and ice skating. Huge logs, stone fireplaces, and glass walls embellish the interior with captivating views of lakes, the river, and stunning sunsets from inside or from the terraces. Now, the infamous property is on the market for $40 million.
From Steve Wynn’s Museo to Greg Norman’s Seven Lakes Ranch, entrepreneurs from various fields have taken to the real estate market to build upon their artistic ambitions. The ever-changing industry has proven to become a prime investment for individuals and global companies alike to build their brand.