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.
A 30-minute drive from Las Vegas provides a quick escape to a quaint community that bears similarities to Stars Hollow, the fictitious home of TV’s Gilmore Girls.
With the championship golf course complete and ready to open in April, the focus on Las Vegas’ ultra-high-end luxury resort community will now turn to the construction of multimillion-dollar homes.
Golf architect Tom Fazio designed Southern Nevada’s newest golf course at The Summit Club, which opens in mid-April.
He’s designed houses all around the Southwestern U. S., but Las Vegas-based architect Richard Luke’s latest venture has him creating midsized homes on newly released view lots in Henderson’s posh MacDonald Highlands golf course community.
Avi Dan-Goor says staging can cost a lot of money, particularly if renting furniture is required, but that there are well-known tenets homeowners can consider when putting their place on the market, beginning with removing clutter, creating vignettes by arranging objects that are odd numbers — not two, but three and not six, but five — and moving them out from the wall to create a sense of depth.
The adobe-style home at 624 E. Fairway Road in Henderson is owned by Mike and Michele Williams, who kept the style of this single-family home intact after they purchased it in 2011.
When March Madness ends, college basketball fans will be left wanting until the next season rolls around. But for an elite few, whose homes are complete with a private indoor sports court, there never has to be an off-season.
Otho Behr, son of the founder of Behr Process Corp., a manufacturer of paints, stains and varnishes, is selling his Las Vegas Homes in Seven Hills for $2,363,600.
▶ 9101 Alta Drive, Unit 1601 – $3.75 million; 6,891 square feet. Parcel No. 138-32-213-109. Seller: Dean Hoffman and Marie Hoffman. Buyer: Terry Chase and Lauren Chase.
One of the largest transactions of the year in Las Vegas’ luxury home market closed March 8 in Queensridge, a neighborhood covered in controversy over the shuttering of the community’s Badlands Golf Course.
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