KISS rocker Gene Simmons and a home of the late Siegfried and Roy highlighted the top sales in Las Vegas in March when the luxury market showed signs of a rebound.
Real Estate Millions
The sale of lots for custom homes slowed in 2022 with the economy and higher interest rates, but actor Mark Wahlberg led the way, spending $15.6 million in The Summit Club for 2.5 acres.
Berkshire Hathaway HomeServices has retained the top spot as the No. 1 luxury brokerage in Las Vegas but was surpassed by Realty One Group as the leader in dollar volume of all property types.
“We wanted to keep the integrity of the home,” listing agent Chrishena Stanley said. “The intention was never to make it super modern. All our renovations were to make that beautiful Strip view the focal point.”
The family behind the Carden Circus International are under contract to pay $3 million for the home of the late Strip performers Siegfried Fischbacher and Roy Horn and plan to preserve the home as a shrine to the duo and possibly turn it into an overnight rental and tourist attraction.
The 2023 New American Home exceeds expectations on every level — from sophisticated design to sustainability.
Led by a $14.5 million sale to actor Mark Wahlberg, the Las Vegas new-home luxury market hasn’t shown any sign of slowing down despite rising mortgage rates impacting the new-home sales as a whole.
Nestled against The Cliffs, a gated community in Summerlin, Jen Harley’s modern-designed, two-story home features four en suite bedrooms, an executive office, an oversized loft with theater and a resort-styled backyard.
A piece of Palm Springs history is now available. Located at 500 W. Arenas Road, Unit 8, an exclusive condo designed by famed architect Herbert Burns, who is known for launching the Desert Modernism movement in Palm Springs, has hit the market for $1,149,000.
Las Vegas Raiders owner Mark Davis sold his Summit Club condo for $10.5 million, topping the luxury sale chart in January that got off to a solid start in 2023.
The Kitchen Bath Industry Show (KBIS), held at the Las Vegas Convention Center Jan. 31-Feb 2, featured an interactive platform highlighting the latest trends, technologies and products.
A penthouse at Turnberry Place sold for $6.5 million and led 2022 as the top resale in the luxury condo market.
The high-rise condo market showed a lot of resilience in 2022 by posting its second highest number of closings in history despite falling 23 percent from the all-time record in 2021 and posting one of its highest annual prices per square foot.
The National Association of Home Builders returns this week to Las Vegas for the first time since 2020 as part of its International Builders Show that’s expected to bring more than 100,000 people to the city.
The new leader for Las Vegas listings came out at $18 million in the spring of 2021 but was bumped up to $24.8 million earlier this year.
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