Luxury estate owned by Tony Hsieh finds a buyer

A Las Vegas location that was owned by the precocious tech mogul Tony Hsieh has recovered a buyer.

Attorneys for Hsieh’s household filed papers Monday successful his Clark County District Court probate lawsuit showing the sprawling location astatine 1250 Shadow Lane is being sold for $2.1 cardinal to Pui Chu Yee.

The luxury estate, successful the Scotch 80s assemblage disconnected Charleston Boulevard adjacent Interstate 15, spans 14,336 quadrate feet. It sits connected 1¾ acres and features a main home, a “carriage house,” an indoor pool, an elevator and lush landscaping, according to a listing connected Zillow.

The offering included washers, dryers and refrigerators but did not see the contents “of the locked country (miniature doll location and woven rug)” (sic), according to the listing statement filed with the court.

Hsieh’s household connected Monday sought a proceeding connected the merchantability by Dec. 31. An lawyer indicated successful tribunal papers that if it was held aft the twelvemonth ends, it could “potentially forestall an important merchantability from occurring” and “create antagonistic taxation consequences that would beryllium detrimental to the merchantability and Estate.”

A filing Tuesday by tribunal medication shows a proceeding was scheduled for Jan. 13.

Dara Goldsmith and Vivian Thoreen, attorneys for Hsieh’s family, did not instantly respond to a petition for remark Tuesday connected the location merchantability oregon whether immoderate different properties that were owned by Hsieh are listed with brokers oregon nether declaration to sell.

Hsieh, who died successful November 2020 astatine property 46 from injuries suffered successful a Connecticut location occurrence and did not permission a will, was the erstwhile longtime CEO of online footwear seller Zappos and the look of downtown Las Vegas’ revival. In 2012, helium launched a broadside task primitively called Downtown Project to put $350 cardinal into the Fremont Street area, and successful 2013, helium moved Zappos from a Henderson bureau parkland to the erstwhile Las Vegas City Hall.

He became one of downtown’s biggest spot owners done his venture’s existent property buying binge, assembling a portfolio of flat complexes, retail and bureau buildings, shuttered motels and vacant lots.

His father, Richard Hsieh, and member Andrew Hsieh are overseeing his estate. They filed much than 100 merchantability notices successful District Court successful a two-day span successful February for dozens of properties successful Las Vegas.

The plots included the location astatine 1250 Shadow Lane. Like the different parcels, its tribunal announcement declared that the location “will merchantability astatine backstage merchantability to the highest and champion bidder,” that a merchantability is taxable to tribunal confirmation, and that the presumption consisted of 1 word: “Cash.”

As of September, it appeared the location was Hsieh’s lone spot to beryllium formally listed for sale.

His household besides filed nearly merchantability 20 notices successful 1 time successful March for his existent property holdings successful the affluent skis municipality of Park City, Utah. Hsieh, who was unmarried, bought respective houses determination past twelvemonth and, sources person said, threw predominant parties astatine a mansion protected by information guards and was known for staying successful his country for days astatine a time.

Goldsmith has antecedently said merchantability notices were filed “to let for a imaginable aboriginal sale” and that Hsieh’s property whitethorn support immoderate oregon each of the properties.

Overall, it seems the aboriginal of Hsieh’s luck isn’t adjacent to being determined. A multipronged ineligible battle implicit his estate, spanning lawsuits and creditors’ claims, has featured large sums of money, elaborate accounts of Hsieh’s cause usage and bizarre behaviour successful his last twelvemonth alive, and allegations that radical adjacent to Hsieh took vantage of him financially arsenic his wellness spiraled downward.

According to tribunal filings by his ain family, Hsieh was “perpetually nether the power of Ketamine” for a period, thought helium could alteration into animals oregon objects, believed helium had “discovered the mathematical algorithm for satellite peace,” and was taking an “excessive” magnitude of nitrous oxide.

Contact Eli Segall astatine esegall@reviewjournal.com oregon 702-383-0342. Follow @eli_segall connected Twitter.