Zak Bagans Buys Las Vegas Cold War Bunker for $4.55M

Paranormal enthusiast and "Ghost Adventures" host Zak Bagans has acquired a Cold War-era underground bunker located near the Las Vegas Strip for $4,550,000. The property, known as the Underground House, is situated 26 feet below a conventional above-ground residence and features a range of amenities including an indoor pool, a putting green, a theater, a dance floor, a bar, and a programmable faux sky. Bagans, who was represented in the transaction by Rob Jensen of Rob Jensen Company, intends to preserve the unique subterranean dwelling and eventually open it to the public as a museum. Bagans announced the acquisition via an Instagram post, expressing his excitement to "build another museum" and explore the "subterranean world, buried under Las Vegas, with mysteries I wasn't expecting to find." This marks Bagans' second museum venture; he has operated Zak Bagans' The Haunted Museum in downtown Las Vegas for nearly ten years, showcasing approximately 30 rooms filled with purportedly haunted artifacts. The Underground House spans 16,936 square feet and was previously sold in March 2014 to the Stasis Foundation & Charitable Trust for $1,150,000. The trust initially listed the property in 2019 for $18 million, but after failing to find a buyer, the asking price was significantly reduced to $5,900,000 before Bagans' purchase. The bunker's construction dates back to the Cold War era, designed as a self-sufficient survival shelter, reflecting a period of heightened geopolitical tension and nuclear threat. Its subterranean location and extensive amenities underscore the historical context of its creation, intended to provide refuge and a semblance of normal life during an extreme emergency. The transformation into a museum is expected to draw visitors interested in both the historical significance of the bunker and Bagans' established reputation in the paranormal investigation community. The acquisition highlights a growing trend of unique historical properties being repurposed for public access and tourism, particularly those with a connection to significant historical periods or cultural phenomena. Bagans' previous success with The Haunted Museum suggests a strong potential for the new venture to attract a dedicated audience eager to explore the mysteries and history associated with the underground facility.