44°F
weather icon Mostly Cloudy

Ex-Raiders coach Jon Gruden finds buyer for Las Vegas mansion

Ex-Raiders coach Jon Gruden has found a buyer for his suburban Las Vegas mansion.

And amid the heated real estate market, it took less than two weeks to sell.

Gruden and his wife, Cindy, listed their two-story, 8,684-square-foot house and nearly 1-acre lot next door in Southern Highlands on Feb. 9 for $7.5 million and apparently went under contract with a buyer on Feb. 18, according to listing site Zillow.

The sale is still pending.

Listing broker Heidi Holly, owner of real estate firm Lifestyle LV, told the Review-Journal on Tuesday that she expects the deal to close at the end of March.

She declined to disclose the sales price.

According to listing materials, the five-bedroom, seven-bathroom house at 64 Olympia Canyon Way features retractable floor-to-ceiling glass walls, a climate-controlled wine room, a sauna, an infinity-edge pool and spa, and a full gym with mirrors.

Three formal offers were made, and other people asked to be on a waiting list in case the sale fell through, according to Holly.

Gruden landed a 10-year, $100 million contract with the Raiders in 2018, two years before the pro football team moved to Las Vegas from Oakland, California.

He and his wife bought the still-empty lot in Southern Highlands in August 2019 for $750,000 and closed their $4.3 million purchase of the house next door last August, property records show.

Gruden resigned as coach of the Raiders in October in the wake of news reports detailing his use of racist, misogynistic and homophobic comments in emails over the years.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

MOST READ
Like and follow Vegas Nation
MORE STORIES
THE LATEST
 
Nevada No. 1 in adding real estate agents, study says

Experts say there are a variety of reasons why the real estate industry is growing in Nevada, even though the profession is losing numbers nationally.

Las Vegas Valley’s most expensive home listings for September

With the top 10 most expensive new home listings from September range from $15 million to $7.7 million, according to Las Vegas Realtors, three of them were condos or penthouses located in premier Las Vegas neighborhoods.

 
Rents are dropping in Las Vegas Valley, study says

A new report shows a slight drop in asking rental rates in Las Vegas as Sun Belt cities across the country see declines. Here’s why.

 
Floyd Mayweather selling Las Vegas mansion — PHOTOS

Multimillionaire boxer Floyd Mayweather’s Southern Highlands home features a five-car garage and something celebrity real agent Matt Altman has never seen before.

Major homebuilder buys prime land on Boulder Highway

One of the Las Vegas Valley’s largest homebuilders has snatched up 20 acres of prime land in the southeast valley for $19 million.