Deals for mansion, condo at rundown complex contrast Las Vegas deals in ‘17

Updated January 6, 2018 - 2:11 am

The Las Vegas mansion is stuffed with lavish amenities, from a movie theater with velvet drapes to an indoor basketball court and, as the home’s website describes, a “double-tiered pool with diving board, slide and swim-up bar.”

NBA player DeMarcus Cousins bought the suburban estate in October for $6.5 million.

Some 10 miles away, the rundown Desert Garden condo complex near downtown has dirt courtyards, boarded-up windows and a swingset without any swings.

Last year, unit No. 92 sold for $24,000.

With 2017 behind us, here are the most expensive and cheapest home sales of the year in Las Vegas, as provided by the Greater Las Vegas Association of Realtors. (Las Vegas Review-Journal)

■ 9511 Kings Gate Court: $6.5 million

Built in 2003, this two-story, 15,816-square-foot mansion — with a 913-square-foot guesthouse — sits on a 1.9-acre lot in the Queensridge community at Charleston Boulevard and Hualapai Way, county records show.

The property has 10 bedrooms, 10 bathrooms, a fitness center, a billiards room, a media room with six TVs, a porte cochere, an elevator and two spiral staircases, according to its website.

The site, by Luxury Estates International, describes the estate as a “baller home” with “a classic Hollywood movie feel.”

Luxury Estates founder Kamran Zand, the home’s listing broker, confirmed that the buyer, as property records indicate, was Cousins.

The heavily tattooed, 27-year-old New Orleans Pelicans center, at 6-foot-11 and 270 pounds, has an $18 million salary this year and is averaging 26 points per game.

Efforts to speak with him Friday were unsuccessful.

Matt Ryan, director of basketball communications for the Pelicans, said in an email: “DeMarcus isn’t going to comment for this story.”

His manager, Andrew Rogers, said: “DeMarcus has no interest bringing more attention to his purchase.”

■ 1720 W. Bonanza Road, unit 92: $24,000

Built in 1975, this two-level, 776-square-foot home at Desert Garden has two bedrooms and one bathroom, county records show. A listing on Zillow says that it’s “great for investors.”

Records show that Awezeem Properties, managed by Brad Shultis, bought the home in May.

Shultis could not be reached for comment Friday.

Desert Garden, just west of Martin Luther King Boulevard near the Spaghetti Bowl, is in rough shape and has a troubled history. The Las Vegas Sun reported in 2012 that residents and police said the property was riddled with problems, and that when Metropolitan Police Department officers tracked gang members who were at violent crimes, they found that most lived in the complex.

In 2015, when I wrote a story for the Sun about the prior year’s cheapest and most expensive home sales, the cheapest deal, for a $10,000 condo, was at Desert Garden.

At the time, the unit’s listing agent told me that the homeowners association was basically broke and had filled the pool with dirt, that many units were owned by investors who didn’t pay their HOA dues, and that some tenants abandoned their condos mid-lease.

But, like practically everywhere else in the valley, home prices in Desert Garden soared with the bubble, crashed with the bust and have recouped some losses in recent years.

Unit 92, for instance, sold for $88,000 in 2007 — and then for just $9,000 in 2013, property records show.

Contact Eli Segall at or 702-383-0342. Follow @eli_segall on Twitter.

Xtreme Manufacturing and Snorkel at World of Concrete
World of Concrete boasts 1,600 exhibitors across 745,000 net square feet at the Las Vegas Convention Center. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
CAT Smartphones displayed at World of Concrete 2019
CAT phones for trade workers on display at the 2019 World of Concrete convention. (Bailey Schulz/Las Vegas Review-Journal)
More woman-focused workwear coming to market
Carhartt Company Gear senior brand manager Katelyn Donah discusses a growing percentage of women in skilled trade professions. (Bailey Schulz/Las Vegas Review-Journal)
MGM Grand Plans To Add Retail And Dining To Its Strip Facade
MGM Grand President and Chief Operating Officer Scott Sibella said executives are “discussing redeveloping that entire frontage of the building out to the Las Vegas Strip.” (Todd Prince/Las Vegas Review-Journal)
Boyd Gaming planning new corporate campus
Casino operator Boyd Gaming Corp. has filed plans to build a new corporate campus. The plans call for two 10-story office buildings and a six-level parking garage in the southwest Las Vegas Valley. Boyd Gaming operates The Orleans, the Suncoast, downtown's California Hotel and other properties. The new headquarters would be just a mile from its current main office building.
Bellagio Conservatory transformed to celebrate Year of the Pig
The Bellagio Conservatory Team transformed the 14,000 square foot conservatory to commemorate Chinese New Year, the holiday that marks the end of the coldest days of winter. (Rachel Aston/Las Vegas Review-Journal)
CES 2019: Intro uses sound to connect people
Intro, a startup that is part of the Future Worlds Accelerator in the UK, has an app that uses ultrasonic sound to find people and companies nearby. (Mat Luschek/Review-Journal)
CES 2019 Video: CES wraps up another year
Time-lapse video of the action at CES 2019 in Las Vegas. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Create your own beauty products
Beauty Mix by BeautyByMe is a product that lets you create your own cosmetics and beauty products. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Picobrew’s home brew machine
Picobrew brings automation to homebrewing. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Surviving CES
What it's like to spend four days working the mammoth tech convention. (Jason Bracelin/Las Vegas Review-Journal)
Haier’s smart home
Haier presented smart home technology at CES 2019.
CES 2019 VIDEO: Foldimate makes laundry day easy
Foldimate has created a machine that will fold your laundry for you. Just feed it anything you need folded and it will do the rest. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Opte device corrects skin spots
Opte from Proctor and Gamble is a device for correcting spots and freckles from skin. It analyzes the area for spots and then covers them with a serum of matching skin tone. (Mat Luschek/Las Vegas Review-Journal)
Circa hotel-casino in downtown Las Vegas unveiled
Derek Stevens reveals Circa hotel-casino in downtown Las Vegas. He plans open by the end of 2020. (K.M Cannon/Las Vegas Review-Journal)
Circa, new casino coming to Fremont Street
Casino owner Derek Stevens announces his new property Circa, coming to Fremont Street in downtown Las Vegas in late 2020. (Michael Quine/Las Vegas Review-Journal)
Dreenk My Oeno makes wine suggestions
At CES 2019 in Las Vegas, the Dreenk My Oeno tells you all about wine.
Polaroid One Step Plus camera unveiled at CES 2019
Polaroid has moved into the digital age with its One Step Plus camera with Bluetooth. With the connected app, it turns your smartphone into a remote for the camera, along with filters and features. (Mat Luschek/Review-Journal)
Amazon is everywhere at CES 2019 in Las Vegas
Seemingly everything works with Amazon Alexa
LG Smart Mirror helps you dress snazzy
LG’s Smart Mirror is less of a mirror but more of an assistant to help get you looking snazzy. It takes your image and recommends clothes for you or matches existing clothes with new clothes, which can be purchased right from the mirror. (Mat Luschek/Las Vegas Review-Journal)
Underwater robots make waves at CES 2019 in Las Vegas
Robosea is a company dedicated to underwater robotics. They produce consumer robots for underwater filming as well as commercial products which can be used for underwater research. (Mat Luschek/Las Vegas Review-Journal)
CES 2019 - Victrola record players spin in Las Vegas
A new spin on an old favorite, Victrola record players are meeting a demand for retro products. The brand is also making furnitures with built-in speakers.
CES 2019: Slamtec robots ready to serve
Slamtec is a robotics company out of China whose goal is to provide solutions for laser localization mapping and navigation. They have created two autonomous robots that can be used in areas such as bars, restaurants and malls. (Mat Luschek/Las Vegas Review-Journal)
Mixologiq drink maker appears at CES 2019 in Las Vegas.
This is the Mixologiq drink maker.
CES 2019: Veritable smart garden
Let’s face it; not all of us have green thumbs. And herbs are particularly difficult to grow, considering their constant need for sunshine. Enter the Veritable smart garden from Exky, which does it all for you. (Heidi Knapp Rinella/Las Vegas Review-Journal)
Bonnie Springs Ranch near Las Vegas being sold to developer
Bonnie Springs Ranch near Las Vegas is being sold to a developer, set to close in March. Bonnie Springs, west of Las Vegas off State Route 159 — next to Spring Mountain Ranch State Park — spans more than 60 acres and was on the market for $31 million. The developer and his project partner are under contract to buy the ranch and plan to chop it up mostly into custom-home lots. The plans includes a 25-room motel, a restaurant and a 5,400-square-foot event barn.
Bone-conduction headphones form Aftershokz
Aftershokz offers bone-conduction headphones - headphones that don’t go in the ear.
CES Happy Hour party at Hangover Suite at Caesars Palace
Conventioneers mingled during the Hardware Massive CES 2019 Happy Hour Bash at The Hangover Suite at Caesars Palace in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Autonomous Cars and Futuristic Aircraft Rule CES
Day two of CES was dominated by autonomous cars and futuristic aircraft in the North Hall of the Las Vegas Convention Center.
TekNekSavr fights neck problems caused by smart phones
Atiya Syverson invented the TekNekSavr to help fight neck and head problems caused by strains while typing on smart phones. (Mat Luschek/Las Vegas Review-Journal)
News Headlines
Home Front Page Footer Listing
You May Like

You May Like