GENE SIMMONS Explains Why He Is Selling His Las Vegas House Only Five Months After Buying It

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KISS bassist/vocalist Gene Simmons spoke to The Wall Street Journal about his decision to sell his Southern Nevada estate, only five months after buying it. Simmons paid a combined $10.8 million for the home and a lot adjacent to it back in May and is now asking $14.95 million for it. Among the improvements Simmons made to the Vegas house is installing all new floors and ripping up wall-to-wall carpeting in some of the rooms. According to Gene, his wife and their two adult children never wanted to spend time in Las Vegas, preferring to stay at the family's other homes, an extensive portfolio which includes a modern lake house in Whistler, British Columbia, a home in Malibu and two houses in L.A. that Gene bought for the Simmons kids, Nick and Sophie. "They're not fans of 115-degree weather," Simmons told The Wall Street Journal. Because of KISS's touring schedule and his business travel, Gene said he never spent more than a few weeks total in Las Vegas. He went on to say that he had no regrets about selling the property so soon after the purchase, adding: "How many houses do you need anyway?" Last month, Simmons sold his Los Angeles mansion for $16 million, almost a year after he first put it on the market for $22 million. He later relisted it for $25 million after it never sold and he reportedly invested a lot of money in making improvements. Gene bought the Los Angeles property back in October 1986 for $1,337,500. Simmons has been very vocal about his desire to leave California for some time due to wanting a quieter lifestyle and to get away from being listed on celebrity maps or having to deal with Beverly Hills tour buses. He also said that part of the reason he and his wife listed the two-acre property in Benedict Canyon because the home had become too big for the both of them since their children had grown up. "It's a big property, and the kids were literally raised here," he said about the Beverly Hills house. "Now they've moved on, and they both have their own homes next to each other in the Hollywood Hills. They borrow a cup of sugar and all that. They love each other and support each other like the best kids you could imagine." "They've got their own lives, and now we've got this big house. And if I want to talk to [my wife] Shannon, I've got to hit an intercom because she's at the other end of the house," he continued. "It's happy and it's also sad. When you're a kid and you live at home, you love your mom and dad, but at some point you've got to move out. It's sad because you're moving from home, but you're also looking forward to the future, and we really hope the next family that lives here is going to get as much joy as we have from this place." Gene and Shannon were married in 2011 after dating since 1975. Gene, Shannon and their kids all appeared on the reality TV series "Gene Simmons Family Jewels" from 2006 until 2012. Photo credit: courtesy of Stetson Ybarra Photography
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