A newly built Summit Club mansion at 10911 Discovery Peak Court in Summerlin sold for $22.5 million late last month, taking the top spot as the highest priced Las Vegas area home sale of 2026 so far. The contemporary estate spans about 11,974 square feet with six bedrooms and nine bathrooms, set on roughly a one acre cul de sac lot. The deal closed well below the home’s initial asking price after several months on the market.
As reported by the Las Vegas Review-Journal, the listing was originally marketed in the high $20 millions. The paper notes the property was relisted after a series of price adjustments and was handled by IS Luxury agent Ivan Sher.
Buyer, Seller and Closing Details
According to Mansion Global, the seller was Dallas based developer Robert Elliott Custom Homes, and the buyer appears in public filings as a Delaware LLC. Clark County records show the transaction recorded in late February. Mansion Global reports the home first hit the market in 2024 and went into contract this January after a price trim, suggesting the seller was willing to deal to get it across the finish line.
What Buyers Paid For
The single story layout includes a nearly 1,500 square foot primary suite on the ground floor, a chef’s kitchen with a butler’s pantry, a climate controlled wine room and a private theater, per the Review-Journal. Outside, the yard is set up for showtime, with a sunken fire pit, a waterfall edge pool and leveled turf beside a detached four car garage and a grand porte cochère that feeds into a motor court. “The buyer got a good deal,” listing agent Ivan Sher told the paper.
How the Sale Fits the Local Market
Public listing data compiled by Trulia puts the closing at roughly $1,879 per square foot, a figure that lands well below some of the priciest recent Summit Club comparables. Homes.com reported a Summit Club penthouse that closed in January for about $21 million, or roughly $4,260 per square foot, and IS Luxury currently shows other Summit Club properties listed in the $30 million to $35 million range, pushing some comparables into the $3,000 plus per square foot territory. Those contrasts illustrate how floor plan and position inside the gated golf community can sharply move valuations.
The spread also underscores the range inside The Summit’s ultra luxury market, where location on the course, square footage and club access can swing value dramatically. Listing agent Ivan Sher told Mansion Global that many buyers are from out of state and prize the privacy, services and tax advantages the community offers, and he noted that initiation fees and annual dues for the club are substantial. For now, the Discovery Peak sale sits at the top of the 2026 Las Vegas real estate leaderboard and highlights continued appetite for large, private estates just a short drive from the Strip.
