Posted on: September 27, 2023, 11:58h. 

Last updated on: September 27, 2023, 11:58h.

In a surprising move, Hollywood star and Wahlburgers restaurant owner, Mark Wahlberg, has recently sold his luxurious house in the exclusive Las Vegas suburb of Summerlin for a staggering $16.6 million. This impressive sale apparently earned Wahlberg a handsome profit of over $2 million, as he had purchased the property just last year, according to local property records. With such a substantial transaction, it seems that Wahlberg continues to make headlines both in the entertainment industry and the real estate market.

As Wahlberg embarked on his new chapter in Las Vegas last year, speculation arose regarding his goal of transforming Sin City into a major film-production hub. With the recent sale of his stunning two-story, 7,327-square-foot home located in Summerlin’s upscale Summit Club enclave, it remains uncertain whether Wahlberg plans to permanently leave Las Vegas. Yet, the actor has consistently emphasized his desire for a more private life away from constant media attention, cherishing his time as a devoted father to his four school-age children. Notably, Wahlberg already sold his family’s last remaining property in Los Angeles earlier this year, and he still holds ownership of a 2.5-acre plot in The Summit Club, which he acquired in July 2022 for $15.6 million when it was still an empty lot.

Leaving Las Vegas?

Despite the sale of his Las Vegas residence, there is no indication that Wahlberg and his wife, Rhea Durham, are planning to permanently leave Las Vegas and return to the glamorous world of Hollywood. This decision aligns with Wahlberg’s expressed desire to prioritize family life over the glitz and glamour of the film industry. Notably, Wahlberg’s net worth, estimated at $400 million, comes from various successful ventures, including his co-ownership of over 90 Wahlburgers fast-food restaurants globally, investments in clothing, gyms, bottled water, and even a cricket team in Barbados. Consequently, his Hollywood paychecks are not the primary contributors to his impressive wealth.

Making His Mark

Mark Wahlberg, who initially gained fame as rapper Marky Mark, has seamlessly transitioned into becoming a prominent figure in both the entertainment and real estate industries. Alongside his notable acting career, which includes acclaimed performances in movies like “Boogie Nights,” “The Italian Job,” and “The Departed,” Wahlberg has consistently demonstrated his sharp business acumen and knack for lucrative investments. This is evident in his previous real estate endeavors, such as the sale of his family home in Beverly Hills for $12.4 million, earning a significant profit of $7.45 million compared to its original purchase price in 2001. Similarly, earlier this year, Wahlberg’s Beverly Hills mansion was sold for an astonishing $55 million, resulting in a remarkable profit of $46.75 million, considering its initial acquisition in 2009.

In summary, Mark Wahlberg’s recent sale of his Las Vegas house reflects his ongoing success not only in Hollywood but also in the realm of high-end real estate. With his extensive portfolio, diversified investments, and unwavering dedication to family life, Wahlberg continues to leave his mark on various industries, solidifying his status as a multi-talented and astute entrepreneur.