Shadow Creek house up for sale
Friday, March 9, 2001 | 11:19 a.m.
MGM MIRAGE has put a huge luxury home on the Shadow Creek Golf Course up for sale.
The 7,000-square-foot home was previously owned by Marc Schorr, the former president of the Mirage hotel-casino. Schorr left Mirage Resorts Inc. after its takeover by MGM Grand Inc., and is now chief operating officer of Wynn Resorts; Schorr's contract called for MGM MIRAGE to repurchase the home from him if he left the company.
Alan Feldman, spokesman for MGM MIRAGE, said the company is asking $5 million for the property. The sale is part of MGM MIRAGE's efforts to sell non-strategic assets to reduce debt.
The only other residence on the MGM MIRAGE-owned golf course is owned by Steve Wynn, who did not sell his home back to the company.
archive