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Real Estate Millions

Luxury market slows in August; experts predict uptick in fall

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.

Vegas high-rise prices continue to increase

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.

THE LATEST
Builder creates luxury community

Touchstone Living’s latest community, the Residences at Lone Mountain, feature four floor plans with most spanning 100 feet wide in the northwest portion of the valley.

Concierge services offered for homeowners

For those wealthy enough to own multiple homes, protecting their Las Vegas dwelling while cooling off in other parts of the world is a breeze with the help of several local firms that specialize in watching over properties of absentee homeowners.

Last Veer Penthouse listed for $1.9 million

Veer Towers stands out in CityCenter, with its two tours built at opposing 5-degree angles, its shiny golden-hue glass exterior, and being the only all-residential development found within the multiuse project along the Strip.

Synergy Sotheby’s International plans for future

Synergy Sotheby’s International, a local franchise of the globally known luxury real estate company, is readying for the future.

Construction begins on Ascaya Inspiration Homes

Ascaya has started construction on its third of seven Inspiration Homes in the Henderson hillside community.

SkySide estate in Summerlin has three-story master suite

The six-story estate boasts nearly 24,000 square feet of interior space, as well as more than 8,600-square-feet of outdoor living and entertaining areas. The home, 9 Echo Peak Lane, is on the hillside of The Ridges village in Summerlin.

Penthouse in Las Vegas sells for $6.5M

The 45th-floor penthouse would ultimately fetch the highest price-per-square-foot at The Residences at Mandarin Oriental.

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