Raiders and Las Vegas Aces owner Mark Davis has added another parcel to his growing land holdings in Henderson’s Ascaya community, purchasing a 7.35-acre homesite for $14.7 million in a deal that closed last month. The acquisition brings his total to six homesites in the mountainside enclave, with a combined price tag exceeding $59 million, according to property records.
The latest purchase follows a March deal in which Davis bought four adjacent lots spanning more than 19 acres for nearly $39 million. At the time, he described the spread as the “crown jewel of Ascaya” and said he would work with an architectural firm to determine whether to build one or up to four projects, adding there was “no rush.” His first purchase in the community came in 2020, when he paid $6 million for a plot where he has since built a megamansion.
Ascaya, located off Horizon Ridge Parkway east of Green Valley Parkway, rises nearly 1,000 feet above the valley floor and features a $25 million clubhouse. The development, originally launched by Hong Kong developer Henry Cheng, stalled after the mid-2000s real estate bubble burst and sat idle for years before sales resumed in 2014. As of April, the community had 92 completed homes, with 31 under construction and 32 in architectural review.
It remains unclear what Davis ultimately plans for the assembled acreage. In Southern Nevada, it is not uncommon for wealthy buyers to purchase custom-home sites and later sell them without building. Tennis legend Andre Agassi, for example, bought a lot in Summerlin’s Summit Club for $6.5 million in 2018 and sold it this year for $18.15 million.
Sources: Las Vegas Review-Journal
Original reporting: Las Vegas Review-Journal →
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