(Drew Angerer/Getty Images)

Senate Majority Leader Harry Reid (D-Nevada) announced Monday that he and his wife have sold their home in Searchlight, the dusty mining community where he was born, and will move to Las Vegas.

Reid sold the home, 100 acres and water rights to Nevada Milling and Mining for $1.7 million in a deal that closed Friday, the Associated Press is reporting.

Asked if the sale of his home is an indication that Reid is considering retirement, aides noted that the move to Las Vegas will place him closer to Nevada's population centers and campaign headquarters.

In a statement released earlier Monday, Reid said the move was about being closer to his children and 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. “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.”

Ed O'Keefe contributed to this article.