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From Luxury Bunker to Public Wonderland: The Stasis Foundation's Unique Transformation of an Unsold Dream Home Episode

From Luxury Bunker to Public Wonderland: The Stasis Foundation's Unique Transformation of an Unsold Dream Home

· 01:37

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The Stasis Foundation, a nonprofit dedicated to cryogenics research, has decided to repurpose its underground home in Las Vegas, which failed to sell after five years on the market, by opening it for public tours. Originally listed at $18 million in 2019, the price was reduced to $5.9 million, but no buyers emerged. The foundation recently removed the property from the market to change zoning from residential to mixed-use, allowing it to convert the bunker into a tourist attraction. The property includes a guesthouse serving as a welcome center and a 26-foot-deep bunker featuring multiple bedrooms, bathrooms, and even a swimming pool. Previously, the home was a luxury bunker for previous owners but fell into foreclosure in 2014.

Key Points:

  • The underground home was on the market for five years without a sale.
  • The initial asking price was $18 million, later reduced to $5.9 million.
  • The Stasis Foundation plans to open the property for tours after changing zoning laws.
  • The bunker, built in 1978, has luxury features, including five bedrooms and a swimming pool.
  • A guesthouse will be used as a welcome center for visitors.
  • The property has undergone renovations, including new air conditioning and reliable internet access.
    Link to Article

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