Despite a national report that highlighted luxury listings in Las Vegas fell 36 percent during the second quarter — the largest decline in the nation — the valley’s luxury market continues to remain elevated in the ultra luxury category as evidenced by former MGM Resorts International CEO Jim Murren’s Summerlin home under contract after being listed for $17.75 million.
Real Estate Millions
The home — powered by solar, propane and a Generac generator — is a self-sustainable off-the-grid property that provides all the conveniences of home.
Smart home products and services have evolved rapidly over the last 20 years to connect every niche of a luxury custom home with features limited only by the imagination of the homeowner.
The two-story home, known as Sky Summit, measures 8,936 square feet with seven bedrooms, six full baths, two partial baths and a five-car garage.
Flooring has come a long way from linoleum, invented by Frederick Walton in 1860, to colorful shag carpeting popular in the 1970s, to the upscale, high-end material used today.
The rooftop solar power industry is poised to surge again over the next decade in Southern Nevada. A federal Investment Tax Credit and other financial incentives make solar panel and energy storage installations more justifiable for homebuilders, while providing an attractive return on investment for potential homebuyers.
A mansion in Ascaya in Henderson sold for $20.5 million and comedian and actor Joseph Herbert, known as Jo Koy, paid $10 million for a three-story home in The Ridges in Summerlin to lead the valley’s sales in June.
The family who bought Siegfried and Roy’s original Las Vegas home to preserve it as a shrine are putting in as much as $1 million in renovations and furnishings.
Outdoor kitchens have become a hub for this desert lifestyle. An outdoor cooking island is a sculpture of industrial art as well as a robust, weatherized food preparation center.
Actor Dean Cain, who played Superman on ABC’s “Lois Clark” in the 1990s joins Mark Wahlberg as the latest actor to relocate from California to Las Vegas.
A national report has listed the top Las Vegas Realtors for transactions handled in 2022.
An Environments For Living Diamond-Level Green-Certified luxury estate has just hit the Las Vegas real estate market for $5.5 million.
Las Vegas real estate agents say many homeowners now view the garage as more than just a place to store their vehicle.
An Anthem Country Club home built by Notre Dame football walk-on Daniel Ruettiger whose life story inspired the movie “Rudy” has hit the market for $7 million.
The “street” transforms the home’s basement light well into a cozy Italian retreat with a decorative fountain, intimate café tables and realistic storefronts.