Two high-rise projects have surpassed $800 million in sales in what will add more luxury inventory to the Las Vegas marketplace.
Real Estate Millions
The ultra high-end luxury residential market slowed in August with a $7.6 million sale topping the market as higher-priced transactions are expected to pick up in the fall.
Renowned architect Richard Luke, AIA, creates custom luxury homes that embody a striking “wow” factor. His design for 665 Overlook Rim Drive takes the concept to a whole new level — actually, three levels.
Renowned architect Richard Luke, AIA, creates custom luxury homes that embody a striking “wow” factor. His design for 665 Overlook Rim Drive takes the concept to a whole new level — actually, three levels.
The high-rise condo market recorded its second highest average sales price in history during the second quarter and is off to a strong start in the third quarter with an $8.8 million sale at the Waldorf Astoria, the estate of Elaine Wynn selling her unit in Park Towers for $8.25 million and a condo in the Summit Club selling for $7 million. All three sales were in August.
“These are very much mansions in the sky,” owner and broker Randy Char of Char Luxury Real Estate said about the Queensridge homes.
Lake Las Vegas has unveiled what’s dubbed its most luxurious community in the development’s third and final phase that introduces the North Shore with contemporary-style homes.
Considered high-mountain desert, the area is surrounded by mountains, pine trees and a variety of wildlife including elk, wild mustangs and deer.
The craftsman’s inspiration for the new-home design came from time spent on the roof of the small cabin that formerly sat on the site and was demolished prior to construction.
Brett Raymer’s home in northwest Las Vegas is such a sanctuary for him that he when he’s away, he often feels like a fish out of water.
A new luxury custom-home community nestled on the hillside in Green Valley has broken ground and is expected to start construction on a model later this spring.
“My wife and I are both fans of Tuscan architecture,” Glenn McKay said. He who hired Kenny Kuykendall of Cannon Builders as general contractor and Pinnacle Architectural Studio for the design. “Originally, we were thinking of building a one-story home, but our builder said we should build a two-story because of the other homes on the street. We designed it with our main living area downstairs and our entertainment room and office are on the second story.”
What is considered a historical home in a city as young as Las Vegas, barely a hundred years old? It’s where midcentury modern is about as dated an architectural style as you can find — and new again, simultaneously?
A new custom spec home in Southern Highlands is trying to change the perception that the community is an enclave for Tuscan and Mediterranean-style homes.
The famous Las Vegas property called The Underground House will get a rare public viewing on April 28 as part of a celebration of the city’s architectural history hosted by the Nevada Preservation Foundation.
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