Two homes on the same block in MacDonald Highlands in Henderson set the mark in October as the two highest sales in the valley. The first on Alpine Summit Drive sold for $13.4 million while the second sold for $12.5 million.
Real Estate Millions
Las Vegas set an all-time record for the average sale price of high-rise condos closed during the third quarter, capped off by the second highest sale of the year for $9.5 million at the Waldorf Astoria.
From the moment you begin the ascent to Ascaya, the desert gives way to sculpted stone walls, angular silhouettes, and a sense of calm that only elevation provides.
From striking skeletons and eerie ghosts to wicked witches and mischievous trolls, yards across the city boldly display the season’s most iconic frightening figures.
Las Vegas home rental market remains strong with a famous compound in the Historic District where Michael Jackson once partied being listed for $100,000 a month and a MacDonald Highlands home where Travis Kelce and Taylor Swift stayed is under lease for $85,000 a month.
The Las Vegas luxury resale market remains on a record pace through July led by a $25.25 million sale in MacDonald Highlands. It was one of 171 sales of $1 million and higher in July, matching the same number in July 2024. The average price paid for a luxury home in July was $1.96 million, according to Forrest Barbee, corporate broker of Berkshire Hathaway Home Service. Barbee reported there were 195 pending sales of $1 million and higher, showing that the luxury market isn’t slowing down while sales are down in the market overall.
A modern mountain retreat built to thrive in all four seasons in Mount Charleston has just hit the market for $1 million, blending luxury, livability and thoughtful engineering at an accessible price point.
Some luxury homeowners in this region have employed photovoltaic solar panels, integrated battery energy storage systems and active energy-management applications to provide additional power, comfort and energy resilience to their spacious dwellings.
Luxury price redefined: Simply Vegas had the most $1M deals; IS Luxury had more $2M transactions
Las Vegas luxury Realtor Kristen Routh-Silberman finished No. 39 in the nation among real estate agents with the most dollar transactions in 2024, easily leading the way in Southern Nevada and the rest of the state.
“One cool new design trend we are doing is elevating the pool and/or spa out of ground and incorporating acrylic viewing panels into the water vessel to give a sense of being larger and providing grandeur,” said Terence Thornton, watershape designer and project manager at Ozzie Kraft. “We are incorporating other outdoor living features such as outdoor kitchens, outdoor living rooms with media centers, fire features and play spaces into projects to create amazing spaces for families to enjoy and entertain.”
Uber ultra-luxury activity has remained strong in Las Vegas as evidenced by the transactions. The most recent one closed July 11 for $25.25 million for a home in MacDonald Highlands.
A unique aspect of the listing is that owner, a local casino architect, offers to meet the incoming homebuyer to discuss, negotiate and develop a design that personalizes the home for them.
It was a slow sales season for high-rises with 148 closings, down from 168 in the first quarter of 2024 and 165 in the first quarter of 2023. It’s the fewest in the first quarter since there were 162 in January through March 2020, which marked the beginning of the pandemic closures in March.
As luxury homebuyers increasingly seek resort-style amenities without leaving home, a newly listed Las Vegas estate is raising the bar. Listed at $6,999,000 and represented by John Sullivan of The John Sullivan Group at huntington & ellis, A Real Estate Agency, the home located at 11 Misty Peaks Court in The Ridges embodies the growing demand for year-round vacation living.
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