Reid Sells Searchlight Home For Reported $1.7 million

Monday, 09 Jun 2014 09:55 PM

By Jason Devaney

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Senate Majority Leader Harry Reid and his wife are moving from Searchlight to Sin City.

Reid sold his home and its 110 acres of land in Searchlight — nestled deep in the southern tip of Nevada — and will now move to the Las Vegas suburbs about 70 miles north.

Nevada Milling and Mining purchased the land and home for a reported $1.7 million last Friday and will mine the land for gold, which will lead, according to Reid, to the creation of 60 jobs in the town of less than 600 people.

The move will put Reid and his wife Landra closer to their 16 grandchildren.

"Landra and I love Searchlight, the place of my birth, and the memories we have had there, but the time came to sell and do something different," Reid said in a statement. "We want to be closer to our 16 grandchildren who live in Southern Nevada, and be able to spend time with them. This is why we will now purchase a residence in the Las Vegas area. Searchlight will always remain my home, my favorite spot in the world where I can look at the quiet desert for miles at end."

Nevada Milling and Mining, according to the statement, approached Reid about buying his property as a renewed push for gold mining takes over Searchlight. Updated technologies have given new life to the old gold mining town.

Reid also sold two mining claims in Searchlight to American Capital Energy in a separate transaction.

Information from the Associated Press was used in this report.

Related Stories:




© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Border Patrol Agent Fires at Armed Militia Member

Friday, 29 Aug 2014 20:14 PM

The Border Patrol says an agent shot at someone near the Texas-Mexico border who later identified himself as a militia m . . .

Calif. Senate Approves Sweetened Tax Credits For Hollywood Studios

Friday, 29 Aug 2014 19:50 PM

The California State Senate has approved legislation on a 32-2 vote to extend and expand California's movie and TV tax c . . .

Groups Appeal GOP-Backed Fla. Congressional Maps, OK 2014 Vote

Friday, 29 Aug 2014 19:35 PM

A coalition of voters rights organizations that successfully sued Florida over gerrymandering is appealing the state's n . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved