Dan Bilzerian is among the more polarizing people in social media and poker.
The self-proclaimed “Instagram King” is infamous for his lavish lifestyle. Recently, Bilzerian decided to let go of his largest toy, his Las Vegas “Adult Playground.”
The 40,000-square-foot mansion is now listed for $25 million.
It is one of the most expansive properties ever listed in the Las Vegas area.
Key Highlights
- Dan Bilzerian selling Adult Playground for $25 million.
- Bilzerian is buying properties in Dubai and Bali and is no longer looking to live in the US.
- The home was initially listed for $25 in 2018 but only sold for $8.5 million.
Dan Bilzerian Lists Adult Playground for $25 Million
The property is currently listed on Realtor.com for $25 million. Bilzerian originally purchased the property in 2018 for $8.5 million.
In a story reported by the Las Vegas Review-Journal, TMZ, and others, professional poker player and businessman Dan Bilzerian has placed his Las Vegas mansion up for sale.
The property is currently listed on Realtor.com for $25 million. Bilzerian originally purchased the property in 2018 for $8.5 million.
Before Bilzerian’s purchase, the property’s original owners spent around $20 million to build it.
Bilzerian has also put millions into the home to create what he calls his adult playground.
Some of the features of the home include:
- Full-sized basketball court
- Outdoor pool with slide and rock climbing wall
- Full-sized poker room
- Golf simulator
- Jujitsu room
- Batting Cage
- Indoor trampoline and rock climbing wall
- Indoor cinema
- 16-car garage
The property has 5.16 acres of land, 7 bedrooms, 14 bathrooms, and 14 other rooms.
Whoever buys the property will be responsible for a hefty payment, which PokerNews estimated to be $128,482 monthly.
According to Realtor.com, the taxes on the property will be around $66,000 per year, more than the annual income for many Americans.
The property is listed through Berkshire Hathaway Home Services Nevada Properties.
Agent Frank Napoli II said “In my entire real estate career, never seen a property like this in terms of quality of construction finishes,” he said.
“The original builder of the house spared no expenses sourcing materials from all over the world, truly unique with amenities you would never find anywhere else, it’s truly one of a kind.”
Bilzerian Looking to Live Abroad
Bilzerian is busy buying properties in Dubai and Bali and is no longer looking to have a permanent US residence.
– Frank Napoli II, property agent
After spending $8 million to purchase the home and millions to improve it, one may wonder why Bilzerian is looking to sell.
According to Napoli, Bilzerian is busy buying properties in Dubai and Bali and is no longer looking to have a permanent US residence.
Dubai would be an advantageous place to live for Bilzerian since the UAE does not levy a personal income tax.
It is also a good choice in terms of weather, higher standards of living, and its vibrant social scene.
However, he may not like some of the local laws, including restrictions on alcohol consumption.
However, with his money, he can probably find a way around that.
While Bilzerian is referred to as the Instagram King, he has only posted to the platform a couple of times in the last year, both of which were anti-Semitic.
He remains somewhat active in poker, including a brief appearance at the 2024 World Series of Poker Main Event, where he busted in just two hands.
Can Bilzerian Realistically Get $25 Million for His Mansion?
While $25 million is the asking price for his property, it is unlikely he will get his asking price.
According to the property’s history, it was initially listed for $25 million in 2018 and sold for just $8.5 million.
Also, higher inflation, skyrocketing mortgage rates, and a possible looming recession could all spell trouble for Bilzerian getting his full asking price.
The property’s amenities make it a unique acquisition, but $25 million may be shooting for the moon.
Sources
https://www.realtor.com/realestateandhomes-detail/Las-Vegas_NV_89118_M27746-94953?from=srp-list-card
https://www.tmz.com/2024/09/07/poker-player-dan-bilzerian-las-vegas-home-for-sale-25-million/
