Las Vegas Raiders owner Mark Davis walks on the field prior to an NFL football game against the ...
Las Vegas Raiders owner Mark Davis walks on the field prior to an NFL football game against the Los Angeles Rams, Sunday, Oct. 25, 2026, in Las Vegas. (AP Photo/David Becker)
Raiders owner Mark Davis has loaded up on more land, again, in a wealthy mountainside enclave in Southern Nevada.
Davis acquired a 7.35-acre parcel in Henderson’s Ascaya community for $14.7 million, property records show. The sale closed last month.
This follows his purchase of four adjacent lots in Ascaya for nearly $39 million inMarch, and his $6 million acquisition in 2020 of a plot where he has since built a megamansion that, as seen in project plans, looks strikingly similar to the Raiders’ practice facility in Henderson and even, in some ways, Allegiant Stadium.
All told, the Las Vegas football and basketball boss has now picked up six homesites in Ascaya for more than $59 million combined, property records show.
It wasn’t immediately clear what Davis, who is also principal owner the Las Vegas Aces, plans to do with all the land he’s assembled in the mountains of Henderson.
However, it’s not uncommon in Southern Nevada for wealthy people to buy a custom-home site, never build a house, and eventually sell thelot.
Tennis legend Andre Agassi, for instance, purchased a homesite in the Summit Club, a wealthy enclave of Summerlin, in 2018 for $6.5 million and then sold the land this year for $18.15million.
Also, property records indicate that Davis’ new plot has now changed hands multiple times over the past several years.
Efforts to get comments from Davis were unsuccessful.
Drill, blast and move
Ascaya, located off Horizon Ridge Parkway east of Green Valley Parkway, is planned for more than 300 homes. The community rises nearly 1,000 feet above the valley floor, is lined with rock walls and features a $25 million clubhouse.
Work crews reportedly drilled, blasted and moved around 15 million cubic yards of material in the McCullough Range to build the community. But the project, by Hong Kong developer Henry Cheng, used to be a glaring symbol of Southern Nevada’s real estate boom and bust.
It sat idle for years, without any homes on its cake-layered mountainsidelots, after the mid-2000s real estate bubble burst and the broader economy imploded.
Cheng’s team halted sales efforts in 2009 but reopened in 2014 as the housing market recovered.
As of this past April, Ascaya had 92 completed homes, with 31 others under construction and 32 in architectural review, the development team said at the time.
Big sales
Davis’ newest plot in Ascaya is a huge homesite on a plateau with sweeping views of the Las Vegas Valley. Aerial imagery also shows a portion of the parcel occupies a cliffside, similar to his bulk purchase several months ago.
The four lots he picked up collectively span more than 19 acres. However, aerial imagery shows they include swaths of mountainside terrain, and a spokesperson for Ascaya’s development team said those plots had around 7.6 acres of buildable land combined.
At the time, Davis told the Las Vegas Review-Journal that these parcels had top-notch views of the valley, and he described the spread as the crown jewel of Ascaya.
He also said that he would work with an architectural firm to determine the lots’ best usage and that whether he builds one or up to four projects on them would be determined in time.
There was no rush, he noted, adding the lots are spectacular.
After Davis closed his purchase of those lots, Ascaya’s development team declined to comment on or confirm the buyer’s identity. But they said it was the largest homesite purchase ever recorded in the Las Vegas area.
Ascaya says online that it does not impose a construction timeline requirement on its homesite owners, or any resale penalties.
A spokesman for the developers confirmed Monday that there are no restrictions on reselling homesites in Ascaya.