A’s Owner Buys 3rd Most Expensive Vegas Home Ever Sold

By /

A’s Owner Buys 3rd Most Expensive Vegas Home Ever Sold

Corey Levitan Read More

John Fisher, billionaire owner of the A’s, dropped $30 million on a Las Vegas mansion last December

This still doesn’t mean he’s going to drop $1.35 billion on a Las Vegas baseball stadium

John Fisher, the much-maligned owner of the formerly Oakland A’s, finally committed a portion of his personal fortune to relocating to Las Vegas.

But only to relocate himself, not his team.

The owner of the former Oakland A’s is also now the owner of this Las Vegas manse at 4691 Capstone Point Court in the Summit Club. (Images: Luxury Homes of Las Vegas, inset: KIPP.org)

According to the Las Vegas Review-Journal, Fisher forked over $29.25 million for a house in the Summit Club,

The newspaper calls Fisher’s purchase the “third most expensive home buy in Las Vegas history,” behind only LoanDepot founder Anthony Hsieh’s $35 million 2024 purchase and the $30 million Celine Dion made by selling her home to an undisclosed party in 2023. (Both of those sales were also in the Summit Club.)

Built in 2021, Fisher’s two-story home has seven bedrooms, 10 bathrooms, a three-car garage, a movie theater and a fitness/wellness room in 10,000 square feet of indoor living space, according to multiple real-estate listings.

Fisher, the billionaire inheritor of the Gap Inc. fortune, made the purchase three months before A’s manager Mark Kotsay paid $3.1 million for a house in the Anthem Country Club in Henderson, Nev.

Unreal Estate?

Though Fisher’s home purchase projects the image of the A’s financial commitment to building a new stadium in Las Vegas,

that image may be all that’s behind it.

Though a “groundbreaking” was held on the former Tropicana site last month — for which construction equipment was rented merely as a backdrop for photo ops — an estimated $1.35 billion hole still exists in the financing for the new A’s ballpark.

Fisher has pledged to be good for it, in case he can’t find investors. (And, after nearly two years of looking, he has yet to announce any.)

But building a $2 billion baseball stadium for one of the worst teams in major-league baseball seems a much riskier personal investment than dropping a mere $30 million on a luxury home that’s likely to increase in value.

Learn more about 10BET

Key Facts:

  • The Las Vegas A’s have been struggling financially, and their new stadium may be a major risk for the team’s owner.
  • The $1.35 billion needed to build the new stadium is still not funded.
  • Fisher has spent $30 million on his new luxury home in the Summit Club.
  • The billionaire owner of the A’s has yet to announce any investors for the new stadium.

Conclusion

In conclusion, John Fisher’s recent purchase of a $29.25 million mansion in Las Vegas may have seemed like a significant investment in the team’s future, but it is unclear whether this move will be enough to secure funding for the new stadium.

Scroll to Top