Luxury homebuyer preferences are undergoing a transformation.
Real Estate Millions
Luxury homebuyer preferences are undergoing a transformation.
A one-story home in MacDonald Highlands led the way among luxury sales during May going for $8.4 million.
LightFair, in partnership with the International Association of Lighting Designers and the Illuminating Engineering Society, was held at the Las Vegas Convention Center from May 4 to 8.
While new home sales are down 19 percent during the first quarter, closings of luxury homes exceeding $1 million rose 41 percent during the first three months of 2025 as a new Summerlin development chalks up sales and another high-end project is about to commence.
Although high-rise condominiums have been a fixture on the Strip and downtown Las Vegas for some time, suburban high-rise and midrise homes are a relatively new thing. Not all projects made it out of the Great Recession, and some are now apartment complexes. But with the economic recovery, experts say the market is slower and more stable.
For the homeowner who’s looking to reside at the pinnacle of luxury living in Southern Nevada, there’s no finer example than a high-rise Crown Penthouse residence atop One Queensridge Place.
Downtown luxury high-rises have been on a roller-coaster ride since they were built in the mid- to late-2000s.
Editor’s note: This is the first of a four-part series this month on the Las Vegas luxury high-rise market. Next Sunday, we’ll look at how the downtown high-rise properties are faring.
Richard Luke may be a famous architect known for his designs of million-dollar homes all across Las Vegas, but that’s not what people remember about him.
Casino boss Gary Primm built more than a casino empire on the Nevada-California border town that now bears his name. He constructed a fortress for his family on Tomiyasu Lane in the southeast valley near Sunset Park.
Since 1984 the National Association of Home Builders’ International Builders’ Show has commissioned a New American Home to showcase the latest homebuilding technology. This year that home was the uber energy-saving residence at 2256 Sunrise Ridge Court.
Las Vegas-based architects John Klai and Jon Sparer know their resorts. They’ve designed enough of them.
Heidi Kasama wants to send California a big fat thank-you note. The Greater Las Vegas Association of Realtors president isn’t the only one.
