Basketball Hall of Famer and TNT NBA analyst Shaquille O’Neal, who has business connections in Las Vegas, has sold the home he bought in the Southern Highlands prior to the pandemic and spent nearly $ 2 million on a private 1 Acre property near Wayne paid for Newton’s former estate in the southeast of the valley, according to the realtor’s social media post.
Stockbroker Zar Zanganeh of LUXE Estates & Lifestyles announced the sale on July 9th on Facebook. This post has since been removed. Later, in a telephone interview, Zanganeh declined to confirm that the buyer was O’Neal, despite his previous positions, and congratulated O’Neal and his realtor, Stacy Conner, the director of sports and entertainment at Windermere Prestige Properties.
Conner said she couldn’t reveal any information about the buyer, whom she described as a longtime friend with whom she worked on many transactions.
Neither agent would dispute the sale to O’Neal. News of the transaction has spread to the Las Vegas real estate community.
The deal for the two-story home east of Sunset Park was closed on July 9 for $ 1.95 million, according to Clark County’s real estate records. It shows the property as it was acquired by the Lester J. Knispel Trust and Chexy Trust, which have been linked to real estate transactions by O’Neal Las Vegas.
A Turnberry Place condominium that was widely known to belong to O’Neal was listed on the Trust’s behalf. It sold for $ 677,000 in February 2020. According to Clark County’s real estate records, it was purchased for $ 670,000 in January 2019.
Zanganeh said the buyer plans to live in the house. O’Neal spends most of his time in Atlanta, where he works for TNT.
“It was a house that we knew we would sell quickly because of the beautiful finishes and amazing finishes,” said Zanganeh. “His people were able to see it on Instagram before it hit the market. They were proactive by seeing it first and quickly making an offer before other agents saw it publicly listed through the (Multiple Listing Service). I don’t know if it is a full time or part time home but it is definitely for the buyer’s personal use. It is not a purchase for a relative or an imminent rental. “
The Review Journal reported in September that O’Neal paid $ 765,000 for a 5,440-square-foot home in the Southern Highlands. The house has a basement and a swim-up bar. It was built in 2006 and sits on 0.22 acres and was purchased by O’Neal in February prior to the COVID-19 pandemic.
Luxury shoppers have been looking for more space since the pandemic.
O’Neal sold this two-story home on June 28 for $ 1 million, according to Clark County’s real estate records, which listed the Shaquille O’Neal Revocable Trust as the owner. According to the Multiple Listing Service, Conner was listed as a seller and buyer representative. The buyers were Zuko Trust and Timothy Johnson Trust.
“I represent athletes and I was able to bring two people together who were a perfect match,” said Conner. “It makes a transaction easier when two athletes know each other. There is a level of trust that you may not have in anyone else. “
She declined to give the name of the athlete who bought the house in the Southern Highlands.
O’Neal’s frame stucco home near Newton’s Casa De Shenandoah was built in 1993 and sits on 1.12 acres. It measures 5,980 square feet with five bedrooms, 5½ bathrooms and a three-car garage.
Clark County’s property records show the first floor is 3,024 square feet while the second floor is 1,800 square feet. The garage measures 770 square meters. The house has a casita that measures 1,156 square feet. The house has a pool and spa.
In his listing, Zanganeh called the house a “traditional property with a modern twist”. More than $ 750,000 in home renovations has been completed, he said.
Zanganeh called it a gated complex “perfectly located on over 1 hectare of land, surrounded by beautiful scenery and privacy in abundance. Two private gates lead to a circular driveway. Double doors open to a light-flooded room with high vaults and a large staircase that is adorned with several windows and glass-filled French doors that look out onto the spacious back yard. “
The house has a large den that could serve as a sixth bedroom. It also has a new gourmet kitchen, a formal living and dining room, large balconies and a covered terrace overlooking the large garden with pool, pool house with an extra pool bath and a putting green.
“The extensive luxury renovations have made this a brand new home that has never been lived in,” said Zanganeh. “They updated everything in the house and it was almost a full year renovating. From the floor to the walls to the entire kitchen and every bathroom, everything was torn down and redone. “
Zanganeh said the house is private and has a long driveway. “There are many things that are hard to find anywhere else in town,” said Zanganeh. “There are very few properties that have so much space and are completely renovated. It is double gated and has its own private entrance to the property. ”
Zanganeh said this is a neighborhood that has a lot of seven-figure houses under construction, but there isn’t much land.
“Some builders have returned to this area because the public is demanding houses with large lots,” said Zanganeh. “It’s one of the few areas in the city where you can get a lot.”
O’Neal has ties to Las Vegas as a co-owner of the Big Chicken sandwich shop east of the Strip.
The LSU graduate and 7-foot-1-inch center known as Shaq played in the NBA for 19 years. It was the first pick in the 1992 NBA draft by the Orlando Magic and was later traded to the Los Angeles Lakers. He is a four-time NBA champion.
