He was also an inventor who patented the first skateboard.
Wallace reportedly picked the remote location as a tribute to his passions for trout fishing and astronomical pursuits.
The dome is surrounded by a moat, 5 feet wide and 2 feet deep.
Wallace retained Volcano House for years before it was sold to British developer Richard Baily in 2000.
Photo credit
Sources:LA Times/Vegas Seven/Paradise Leased/Huffington Post