The National Association of Home Builders returns this week to Las Vegas for the first time since 2020 as part of its International Builders Show that’s expected to bring more than 100,000 people to the city.
Real Estate Millions
The new leader for Las Vegas listings came out at $18 million in the spring of 2021 but was bumped up to $24.8 million earlier this year.
The kitchen is the heartbeat of a home. And this kitchen features a stove valued at $50,000, two islands and plenty of other amenities.
The luxury home segment has taken a hit during the second half of 2022, but Realtors and builders said they have an ace in the hole for 2023 — the ongoing migration to Las Vegas from California and the cash those wealthy buyers bring with them.
A Summit Club home in Summerlin set the mark at $18.95 million as the highest luxury sale in Las Vegas in 2022 and No. 2 sale in the history of Las Vegas for single-family homes as displayed on the Multiple Listing Service.
While overall new home construction slowed during the first six months of 2022, closing of homes $1 million and higher rose 16 percent over 2021.
Perched on an elevated site in Spanish Hills, the one-of-a-kind property showcases iconic, panoramic views of the entire Las Vegas Valley.
The 83-homesite community is situated on the edge of Lake Las Vegas’ 320-acre lake, Shoreline homes start at 2,740 square feet and will feature three multilevel floor plans up to three stories.
Despite a slight reduction, sales higher than $17 million dominate the news cycle in June with two high-profile sales. There a;sp were two sales in the $9-million-plus range.
Captivating boaters and lake-goers for years, Crystal Pointe Estate serves as a striking landmark on the shores of Lake Tahoe’s Crystal Bay.
The first estate to introduce the two-story layout to Palm Springs in 1933 has hit the market for $3,498,000. Sandra Quinn of Berkshire Hathaway HomeServices California Properties has been selected to represent the home at 466 S. Patencio Road in the Historic Tennis Club community, one of the city’s oldest and most exclusive neighborhoods.
A Summit Club home that set the mark in October as the second highest sale in Las Vegas at $18.75 million has been sold again eight months later for $200,000 more than the owners paid.
Located in a private gated enclave at Lake Las Vegas, this turnkey residence offers unobstructed panoramic views that encompass the lake, the adjacent Reflection Bay Golf Course and The Village just across the water.
“The home is a collection of personal spaces designed to enhance how we live. We like to cook, entertain and enjoy the communal approach to family gatherings and get-togethers,” Mark Clark said. “Missy is a great cook, hence the killer kitchen.”
The 6,729-square-foot property features five en suite bedrooms, six baths, office/gym, an upper-level bonus room and incredible finishes throughout including over 7,000 square feet of hand-laid white French limestone.




