Casino mogul Steve Wynn’s gigantic Atlantic City penthouse is on the market

An oceanfront penthouse that was once owned by Steve Wynn is on the market for $2,199,999.

The condo in the Ocean Club is a massive 7,500-square-feet. It has five bedrooms, six full- and one half-bathroom across two stories.

“There is nothing like it at the Jersey Shore,” said Stephanie Luongo of Serhant, New Jersey, the listing agent.

The unit was originally listed in April 2024 for $4 million. The price was dropped to $3.3 million in July 2024 and in January 2025 it was taken off the market.

It was listed again on April 5, this time by Luongo, for $2.2 million and then reduced by one dollar on April 11 to its current asking price of $2,199,999.

The new price, she said, takes into account the hefty monthly fees and an assessment for recent work on the exterior of the 41-year-old building that includes balcony renovations. They total $9,200 per month.

The monthly fees also pay for the more than 400-unit building’s concierge and front desk, indoor pool, gym and other amenities.

“A lot of people when they look for a second home are looking for something that’s going to be low maintenance,” Luongo said. “This really is a lock and leave kind of place.”

The current owner bought two units and combined them – one of which Steve Wynn owned until 1994.

Wynn, a real estate developer best known for his Las Vegas properties, built the Golden Nugget Atlantic City in 1980. He sold it in 1987 for $440 million.

The first floor of the expansive condo is “an entertainer’s paradise,” Luongo said.

It has white marble flooring and two-story, floor-to-ceiling windows. The kitchen, with state-of-the-art appliances and cobalt blue cabinets, is open to the dining room. There are also two living areas at either end of the unit.

A floating staircase on one end and a curved staircase on the other lead to the second floor where all five bedrooms are located. There is also an office in a loft space on the second floor that has ocean views from the floor-to-ceiling windows below.

The condo is getting a “decent amount” of inquiries, she said.

“I’ve had some very interesting calls about it,” Luongo said. “Even some corporations are looking into purchasing it because it’s just so unique.”

The number of bedrooms, total square footage and views of the ocean set it apart, she said.

“This is the house for parties, truly – all while overlooking the ocean,“ Luongo said.

The buyer will likely be someone who wants to spend the entire summer at the shore, she said. “We’re seeing people buying more of a full-time house down here in the last few years. They’re selling their Philadelphia property or downsizing that and … maybe they’re only in the city or suburbs when they really need to be there.”

Are you an agent, buyer or seller who is active in this changing market? Do you have tips about New Jersey’s real estate market? Unusual listings? Let us know.