The home, most recently listed for $37.5 million, is now asking $25 million. It had, at one point, been quietly marketed for $60 million and is one of the largest private residences in Nevada.
Located five minutes from the Las Vegas Strip, the estate was reportedly built for Prince Jefri Bolkiah of Brunei. Spanning 11.2 acres, the property has more than 73,000 square feet of living space spread across eight buildings. The 18-bedroom, 36-bathroom home has multiple master suites, a sushi bar and a discotheque. The grounds include an equestrian center, polo track and an 11-car garage.
The home is owned by Eric Petersen, a real-estate investor who was president of Consumer Credit Services, a company that ceased operations and filed for bankruptcy protection last year.