October 25, 2014
LAS VEGAS (AP) - The Las Vegas estate of entertainer Wayne Newton is up for sale amid uncertainty over what potential buyers will get.
The Las Vegas Review-Journal reports (http://bit.ly/YtFGSY ) for sale signs went up Friday at Newton's Casa de Shenandoah.
Under a procedure approved by U.S. Bankruptcy Court Judge Bruce Markell, prospective buyers must post a 5 percent cash deposit of their proposed price by May 15. An auction is scheduled May 31.
Newton has appealed the sale order. The three houses on the 38-acre property have leases and Newton's Arabian horses have a right to graze on the land.
Markell has said that trying to sell the property with such conditions would be challenging.
Plans to convert the estate into a theme park celebrating Newton's career collapsed last year.
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