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.
Don’t let the tranquil setting fool you. Over the last few years, there’s been a lot going on out at Lake Las Vegas.
Demand for homes downtown is high, LeVine says, but inventory is much lower this year than it has been for the past 10 years, because “there’s an intersection happening of the popularity of both midcentury modern architecture as well as the desire to live close in the urban cores of nearly every city in America.”
■ 66 Meadowhawk Lane – $3.58 million; 11,076 square feet. Parcel No. 164-14-414-007. Seller: Jeff Rosenblum. Buyer: Mey-Ting Kuo Ting and Raymond Ting.
A multimillion-dollar estate for sale in MacDonald Ranch in Henderson is the star of its own mini-movie, a short film with a script, actors and an original musical score. The 4-½ minute mini-movie is being used as a marketing tool by the homeowner’s Realtor to try and sell the $7,695,000 home, which spans 17,268 square feet and sits on 1.3 acres at 1187 MacDonald Ranch Drive.
There are a few homes in Las Vegas on landscapes that seem to transport you to a distant, non-desert locale. Tom and Shannon Love’s compound in the Queensridge, a master-planned community in the northwest, would be one example.
In multimillion-dollar estate homes, time of construction is critical: Sun West Custom Homes gets families in new homes, on time, on budget.
Let the buyer beware. When choosing convenient solutions for smart home management, a homeowner should investigate how secure and trustworthy is each piece of connected technology and how reliable is the company behind it.
At the entrance to Frederic Da Silva’s penthouse stands a concrete-and-glass, lighted kiosk from Wynn Las Vegas advertising “Le Rêve – The Dream.” It’s his favorite local production and a fitting reminder that Las Vegas is a city where big dreams can come true.
Industrial designer Aeron Tozier has created a high-performance, modern home whose appearance is radically different from the desert contemporary or Mediterranean architectural styles prevalent in Southern Nevada.
Corresponding with May’s National Historic Preservation month, Home + History celebrated history and preservation in Las Vegas. By bus, car and walking tours, participants were treated to a variety of events, such as Under the Neon, a guided bus tour’s exploration of the history of neon in the city and its midcentury designs.
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