The transaction comes as the Las Vegas Valley continues its record-setting luxury sales pace in 2021.
Buck Wargo is a former journalist with the Los Angeles Times and Las Vegas Sun. Today, he’s a freelance business writer covering a range of issues from gaming to development and real estate for publications across the country, including Las Vegas. Born near Chicago, he graduated from the University of Texas at Austin with a degree in Middle Eastern Studies. He has worked in the Middle East as a foreign correspondent. He currently lives in Las Vegas.
Rock musician Carlos Santana has put his investment property in The Ridges in Summerlin on the market for $2.795 million, just about two years after purchasing it.
A Las Vegas homeowner is accepting cryptocurrency in addition to other forms of payment for their $5.8-million home in The Ridges in Summerlin.
Rock star Gene Simmons of KISS has paid a combined $10.8 million for a home in the Henderson hillside community of Ascaya and a lot adjacent to it, Simmons’ Realtor confirmed to Real Estate Millions.
Las Vegas Raiders owner Mark Davis and former homebuilder Larry Canarelli have closed on new clubhouse tower condos in the Summit Club as the new-home luxury market remains strong into the second quarter.
Southern Nevada homebuilders finished 2018 on an upbeat note and the year’s closings turned out to be the strongest since the Great Recession. Prices also set a record for single-family homes, creating an opening for more affordable attached housing.
The Las Vegas Ballpark in Summerlin will be another amenity that attracts people to the master-planned community that moved up to No. 3 in the nation in 2018 in terms of sales.
Summerlin, which was as low as 25th in the nation in 2011 with 221 sales, has steadily climbed back up the rankings since then. It reported 437 sales in 2014 when it was 15th in the nation and jumped back into the top 10 in 2015 and has stayed there since. It had 769 sales in 2016.
High-rise condo resales at the Waldorf Astoria in City Center dominated the highest end of the luxury market in 2018 as that sector remains stronger than the housing market as a whole.
It’s only fitting that an award-winning, luxury Henderson home made for a big game party with its rooftop deck and views of the Strip, and where a fantasy football show was recorded for television, is on the market for $5.9 million.