Lake Las Vegas, the picturesque 3,592-acre golf course development built around a 320-acre man-made lake in Henderson, was considered one of the best prime real estate markets to buy into when custom-home lots went up for sale in 1993.
Real Estate Millions
Last weekend more than 1,800 people showed up to see Wayne Newton’s former Casa de Shenandoah, now known as Sunset Spring Ranch. It’s possibly the last time the public will be able to see the nearly 40-acre ranch on South Pecos and East Sunset roads.
A piece of Las Vegas history may be headed for a developer’s chopping block.
Everyone wants a piece of the new Chinese wealth.
Trump takes adds ‘sky limo’
Dr. Eric Moskow and Regina Lynch made a radical lifestyle change when they sold their 2,800-square-foot, $5 million penthouse in Manhattan and purchased an estate with a guest house at The Ridges in Summerlin for $8 million. Realtor Gavin Ernstone, owner of Simply Vegas, listed the property at a price of nearly 9 million. Although it has remained flat so far this year, the luxury home market has been rebounding in Southern Nevada since 2011; and this recent sale price was the largest residential real estate transaction since 2012, according to records kept by the Greater Las Vegas Association of Realtors.
It appears that baseball great Randy Johnson “The Big Unit,” is asking a big price — $25 million — for his Arizona estate.
Despite the fact that the 14,939-square-foot Liberace mansion is in the middle of restoration, Mr. Showman’s opulence and unique design taste are evident throughout.
It has been said that you cannot judge a book by its cover. The same goes for homes. The outside might not accurately convey what’s inside. This is the case with the biggest home on Shirley Street, where sitting beside average homes is a mansion where the world-renowned pianist Liberace lived.
Although high-rise condominiums have been a fixture on the Strip and downtown Las Vegas for some time, suburban high-rise and midrise homes are a relatively new thing. Not all projects made it out of the Great Recession, and some are now apartment complexes. But with the economic recovery, experts say the market is slower and more stable.
For the homeowner who’s looking to reside at the pinnacle of luxury living in Southern Nevada, there’s no finer example than a high-rise Crown Penthouse residence atop One Queensridge Place.
Downtown luxury high-rises have been on a roller-coaster ride since they were built in the mid- to late-2000s.
Editor’s note: This is the first of a four-part series this month on the Las Vegas luxury high-rise market. Next Sunday, we’ll look at how the downtown high-rise properties are faring.
Richard Luke may be a famous architect known for his designs of million-dollar homes all across Las Vegas, but that’s not what people remember about him.
