A $1 billion resort-style condominium project in MacDonald Highlands in Henderson has partnered with Four Seasons to provide its name brand and luxury management services.
Real Estate Millions
The bright spot is the price fetched by sellers was $527 per square foot, which surpasses sales per square foot documented since 2018.
Luxury organized closet designs emulate a high-end boutique with walls of designer shoes, bags and racks of clothing, all neatly displayed in quality cabinetry and highlighted by custom lighting.
The sale when it closes will eclipse the $25 million deal in 2021 for a newly built 15,000-square-foot home in MacDonald Highlands that sits on 1.26 acres
The four-level custom estate once served as a secondary residence to magician and entertainer David Copperfield for four years as part of his MGM contract.
Undefeated boxing champion Devin Haney set to defend his undisputed lightweight title May 20 at MGM Garden Arena paid $4.7 million for a MacDonald Highlands mansion while Golden Knight Alexm Pietrangelo paid $5.32 million for a Summerlin home. Meanwhile, poker player Phil Hellmuth has listed his home in Las Vegas Country Club.
One luxury home on the tour was custom-built by casino executives Frank and Shirlee Schivo. In October 1952, they opened and operated the Sahara, and, according to their son, were hands-on and would greet guests.
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.
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.
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