Wayne Newton's former home
Bankruptcy can be handled in several different ways. Sometimes, the situation ends with a peaceful compromise. Other times, things can get heated and result in a stretched-out battle over property and possessions.
The saga of Wayne Newton’s Casa de Shenandoah ranch is a long tale of home sales, plans to convert the property into a museum, lawsuits, unfulfilled bank auctions and a cornucopia of zoo animals.
Curbed reports that in 2010, a development company called CSD LLC bought the estate for $19.5 million, with the intention to help Newton out of bankruptcy and turn the main house into a Wayne Newton theme park.
In the agreement, Newton and his wife were allowed to build a smaller home on the property, but this entire set of plans never came to fruition. Newton has a 20 percent stake in CSD LLC; 70 percent belongs to Texas businessman Lacy Harbor and his wife, Dorothy, and 10 percent belongs to project manager Steven Kennedy and partner Geneva Clark.
However, only time will tell what is in store for Mr. Las Vegas’ former estate, which he shared with wife Kathleen for 45 years. With its large size and array of exorbitant amenities, the possibilities are endless.
Located at 6629 S Pecos Rd, Las Vegas, NV 89120 and freshly listed at $70 million, the ranch includes a 3-bedroom, 7-bathroom, 3,747-square-foot main house and seven additional homes. Five acres of the vast 36-acre property are developed. Once filled with galloping Arabian horses, the property houses 53 stables, an equestrian pool and acres of corrals.
The listing description points out that a zoo is on the property, although it does not come with animals. More entertainment awaits with the jumbo jet terminal, a perfect place for mingling with guests. A gaming room, tennis court and pools also provide a great backdrop for leisurely activities.
The massive car garage, or “car museum,” sports 7 double doors and offers ample space for a car enthusiast’s collection. Prestigious gold-and-white gates guard the ranch, allowing the new owner to enter in style while ensuring the grounds are private and secure.
The listing description states that the current owners of Casa de Shenandoah invested $15 million to $20 million in renovations. The home’s listing agent, Dale Thornburgh of Sotheby’s International Realty, told Vegas Inc. that these alterations include new stair railing, wallpaper, flooring, bathrooms, hardware and landscaping.
In May, the Newtons bought a nearby 9,145-square-foot mansion (above) and an adjacent parcel for $3 million.
Property records indicate that the seller was Norbert Aleman, creator of the “Crazy Girls” show at the Riviera Hotel & Casino.
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