Park Towers sits right near Flamingo Road and Howard Hughes Parkway, placing Phil Hellmuth just minutes away from the Las Vegas Strip’s top casinos and entertainment venues. (Image: courtesy of Luxury Estates International)
It may come as a surprise that poker legend Phil Hellmuth is not a part of the high-roller life in Las Vegas, but that's soon to change this year.
The 17-time World Series of Poker bracelet winner announced this week on social media that he and his wife, Kathy, have purchased a luxury condominium just off the Strip, the first time Hellmuth has made Las Vegas his full-time home.
With the nest growing empty at their home, the Hellmuths have decided now is the time to make the move to the “no state tax” haven of Nevada, purchasing a swanky new condo that places the Poker Hall of Famer steps from major poker rooms and within sight of the Sphere.
Despite being one of poker’s most recognizable faces, Hellmuth has lived away from the bright lights of Sin City. After coming from the sleepy collegiate enclave of Madison, Wisconsin, he preferred to settle into a quiet life with his family in Palo Alto, California.
Hellmuth previously owned a home in Las Vegas, which he used when he was in town for the World Series of Poker. He sold the property in 2023 for $440,000 through fellow poker player Karina Jett, a licensed real estate agent. Palo Alto was always home to the Hellmuth clan, but as his sons have grown up and left the nest, the elder Hellmuths have opted to downsize. The lure of Las Vegas for work continued to draw the poker legend, leading him and his wife to purchase a condo there.
“We bought this place! Closed on it today,” Hellmuth chirped on X. He told his followers that he had never lived permanently in Las Vegas, but that the move was beginning “right now.”
From the promotional video for the property, it appears the Hellmuths will be right in the center of the action in Las Vegas.
The Hellmuths’ new home is a 4,900-square-foot penthouse at Park Towers, a stunning condominium complex with views of the Las Vegas skyline and the world-famous Sphere.
The unit features four bedrooms (a fifth was converted into a walk-in dressing room), five full bathrooms, a private office space for Hellmuth to work his business wizardry, concierge and valet service, and ready access to Harry Reid International Airport.
And something else that is stunning? The property's price: it was listed on Zillow for $2.8 million, a price that appears to have appealed to Hellmuth.
The location of the new Hellmuth digs will plop the Poker Hall of Famer and former World Champion smack in the heart of the Las Vegas Strip and its poker action. The Venetian and The Palazzo are both visible from the property, while The LINQ and other nearby Strip properties are literally within a 10 minute drive of the condominium.
The proximity did not go unnoticed by fellow players, who shared a few woes of being a Las Vegas resident.
“Welcome! Now when you get a bad beat at the WSOP, you can run home instead of storming around the Horseshoe,” fellow poker pro Andy Bloch joked in response to the post.
Though fans commented on the difficulty of traffic in the area, location convenience is likely to be a non-issue since “The Poker Brat” has not driven in years. Hellmuth will turn 62 this year, making the property will a solid investment for the poker legend — one that could be passed down to his sons or sold at a future date.
More importantly, the move provides a solid foundation for Hellmuth to continue pursuing his poker options. Hellmuth has stated that he wants to win “24 bracelets,” and this move to Las Vegas could help him pursue that goal.
Any athlete will say that having a “home game" helps them perform at a high level, when the player can go about their usual routine and sleep in their own bed. With the new condo steps away from the Las Vegas Strip, Hellmuth will now have that “home field advantage” that could translate into that dream of winning two dozen WSOP bracelets.

Over the past two decades, Earl has been at the forefront of poker and casino reporting. He has worked with some of the biggest poker news websites, covering the tournaments, the players, and the politics, and has also covered the casino industry thoroughly. He continues to monitor the industry and its changes and presents it to readers around the world.
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