The $29.25 million sale on Capstone Point Court that closed Dec. 20 ranked as No. 2 for the year behind a $35 million sale in The Summit Club. It was the third highest sale in Las Vegas history.
Real Estate Millions
Real Estate Millions interviewed Wright and Randy Char, president and corporate broker of the Las Vegas office.
Smart home technologies can enable homeowners to better enjoy and maintain their living spaces. Here are five innovative smart tech product trends that were featured at local Las Vegas trade shows during the previous year, including CES and the International Builders Show.
The home at 23 Quiet Moon is a luxurious four-bedroom, five-bath ranch estate nestled in Rimrock at The Ridges, a prestigious double guard-gated community in Summerlin.
Eight of the top 10 high-rise sales in 2024 took place at the Waldorf Astoria in CityCenter with five of those 10 at $5 million and above.
It’s been a record-breaking year for the Las Vegas luxury home market, and the city’s Realtors are confident that trend will continue in 2025 based on the optimism they’re hearing from prospective buyers.
A Summit Club home sale in May set the all-time Las Vegas record when it closed for $35 million topping the 2023 sale of its neighbor Celine Dion’s home for $30 million.
It’s been two years since Bryan Watkins and his creative team won ABC’s “Great Christmas Light Fight” championship. The immersive, over-the-top Vegas-styled display gained national attention, significantly impacting Watkins’ life.
“From the second you walk through the door, we wanted to capture the view,” homeowner Dominick Morea said. “That was the main thing. I wanted to see the view from every room.”
A home in The Ridges sold for $11.25 million in November, leading the way as the top sale of the month dominated by high-level sales in Summerlin.
In a city defined by luxury, a newly listed Turnberry Place penthouse offers an elevated living experience for $2,699,000.
Currently under construction, KNB will unveil the 10,459-square-foot two-story property to hundreds of industry professionals during the National Association of Home Builders (NAHB) 2025 International Builder’s Show (IBS), held Feb. 25-27. Though the demonstration home is not officially part of IBS, private tours are for invited guests attending the show.
The historic Shakespeare Ranch, on the east shore of Lake Tahoe, is listed for $188 million through Chase International. Buyers can purchase the entire ranch or take an a la carte approach and acquire their choice of lakefront residences and homesites starting at $9.95 million.
Las Vegas’s first two high-rise projects since before the Great Recession have surpassed more than $600 million in sales combined as construction commences at the end of the year.
The Las Vegas high-rise market is on track to record its fewest sales since the 2020 pandemic while setting a record for the price tag buyers are paying for their units.
