Updated

Illusionist David Copperfield has paid $17.55 million for a Las Vegas home complete with a movie theater and nightclub -- and made an old price record disappear in the process.

The sale, which closed in late June, represents the highest price ever paid for a Las Vegas home, according to the Greater Las Vegas Association of Realtors.

Ivan Sher of Berkshire Hathaway HomeServices Nevada Properties represented both Mr. Copperfield and the seller, health-care executive Kevin Hooks.

Mr. Hooks bought the land for $2.575 million in 2005 and built the house, completing it around 2011. The contemporary home wasn't officially on the market, and Mr. Hooks said he hadn't planned on selling it for another few years when he was approached by Berkshire Hathaway. Mr. Sher, who was working with Mr. Copperfield and his fiance, Chloe Gosselin, had heard that the property might be available and asked if he could show it to them. "David and Chloe had been looking for years," Mr. Sher said in an email. "Nothing really spoke to them," he said, until they saw this property.

The eight-bedroom estate is located in a gated community in the Summerlin neighborhood. The main house has four stories, including a roof deck and a subterranean garage with a detailing room. The house also includes a nightclub with a bar and dance floor, a gym, a wine cellar and a movie theater.

The roughly 1.58-acre property also includes guest quarters, a golf simulator and an infinity swimming pool.

Mr. Copperfield, 59, is known for illusions such as "vanishing" the Statue of Liberty and escaping from Alcatraz prison. He is currently in residence in Las Vegas at the MGM Grand Hotel & Casino David Copperfield Theater.

His other homes include a Manhattan penthouse and an archipelago of 11 islands in the Bahamas.