Senate Majority Leader Harry Reid (D., Nev.) sold his Searchlight, Nev., home for $1.7 million on Friday, the Las Vegas Sun reports.
Reid sold the home, 110 acres, and water rights to Nevada Milling and Mining.
The Reids were approached by Nevada Milling and Mining last year about selling their property and eight mining claims. The senator says the expanded mine will create about 60 jobs.
They also sold two other mining claims in Searchlight to American Capital Energy.
Reid says he and his wife, Landra, will purchase a home in Las Vegas to be closer to their children and grandchildren.