The Summit Club, in the upscale Summerlin area of Las Vegas, has landed another business mogul willing to spend big bucks for bare land. Tax records reveal that Rob Roy, founder, chairman and CEO of Las Vegas-based superNAP data center powerhouse Switch, has dropped a throat-catching $33 million for just over five acres of vacant land within the über-luxury golf and resort development. Presumably, the somewhat under-the-radar tech industry veteran plans to build a huge house.
An increasingly popular destination for billionaires and some of the nation’s leading entrepreneurs and business executives, the 555-acre Summit Club has been closing on properties since 2015 when it listed more than 150 custom lots for sale, along with a bunch of bungalows and condominiums. Strong demand prompted the developers to make additional acreage available for sale in 2023 and it is within this new section, to the south and east of the third and fourth fairways, that Roy’s estate-sized parcel is located.
Besides a world-class golf course designed by Tom Fazio, a lavish (though not yet completed) clubhouse, and myriad resort-like amenities that include concierge services, what makes the Summit Club particularly attractive to high-net-worth people is its extensive security apparatus, which is known for making use of high-end imaging and body heat tracing that can track any intruder across the entire property.
Big as it may be, Roy’s deal falls short of the $36 million venture capitalist Marc Andreessen shoveled out in 2021 for a 4.5-acre property within the Summit’s guarded gates. The Summit Club is also home to pop singer Celine Dion and Vegas Golden Knights owner Bill Foley, motivational speaker Tony Robbins, and happy-as-a-clam L.A. transplant Mark Wahlberg.
Roy and his ex-wife, Stella, once presided over a vast portfolio that was divided up as part of their divorce. Tax records indicate the data center entrepreneur retained a couple of luxury condos on the Las Vegas Strip, purchased in two transactions that totaled $7.8 million, as well as a large home near Lake Tahoe that was acquired in 2015 for $5.35 million. Records also show that just two days before he bought The Summit Club property, Roy paid almost $2.2 million for a 4,400-square-foot home in another of Summerlin’s ritzy guard-gated developments.