“The owners took influences from the beautiful places they’ve traveled and incorporated it into the overall design.” said Frank Napoli, owner/realtor of The Napoli Group, Berkshire Hathaway HomeServices, Nevada Properties. “This home is a showpiece, but it is also a comfortable place to live. It feels like a home.”
Real Estate Millions
The late Bob Stupak, or the “Polish Maverick” as he called himself, is known as one of the first 100 risk-takers who moved to the area and built Vegas into what it is today.
Las Vegas set an all-time record in March for luxury home sales of $1 million and higher, led by an $11.4 million sale in Summerlin.
In a luxury segment with limited inventory, putting an aging million-dollar-plus home on the market doesn’t guarantee there’s a buyer, even with such high demand. Buyers, today, want the latest technology, high-end finishes and more open floor plans.
Former Las Vegas Raiders head coach Jon Gruden sold his Southern Highlands home and adjoining lot for $7.025 million, just below the $7.5 million asking price.
The Reserve at Red Rock Canyon is combining a resort to host weddings and events, along with a 16-home enclave in the Red Rock National Conservation Area that will feature homes in excess of $20 million.
Las Vegas real estate brokerages doubled the value and amount of luxury homes and condos transactions in 2021 and top four firms retained their same rankings as in 2020, according to research firm BrokerMetrics, which tracks Realtor transactions on the Multiple Listing Service.
Real estate deals involving Gene Simmons and Jon Gruden — but not Davante Adams — have kept the Las Vegas luxury real estate market buzzing in 2022.
Real estate deals involving celebrities and sports figures have kept the Las Vegas luxury real estate market buzzing in 2022.
The art of displaying art is masterfully orchestrated in Graeme Laronge and Alice Chen’s custom estate located in Indigo at The Ridges.
Smart home automation is becoming a desired feature along with other luxury comforts, such as swimming pools, spas and theaters.
Luxury home rentals are surpassing $50,000 a month and that trendline shows no sign of slowing as inventory continues to dwindle and lease rates rise.
MGM Resorts International Resorts CEO Bill Hornbuckle and his wife, Wendy,paid $8.25 million for an Anthem Country Club home in January, tying for the most expensive home sold in 2022.
Many Las Vegas real estate experts predict that $25 million record will be broken this year. Here is a look at some the highest-priced homes on the market.
I have the very fortunate opportunity to personally coach the top 25 sales professionals of my firm, monthly. While the intent is to impart helpful guidance to support them in their business, the real beneficiary is me, as I have the advantage of obtaining a very accurate snapshot of our market through these amazing conversations.