A wealthy buyer with ties to California paid a record $36 million for 4.47 acres to build an estate in the Summit Club.
Five years after it started closing deals, the Summit Club in Summerlin — home to singer Celine Dion, Vegas Golden Knights owner Bill Foley and Raiders owner Mark Davis — has sold all but five of its 150 custom lots and announced plans to construct 20 additional condominiums after 29 of its 31 ultra-luxury units sold out.
Led by Summerlin at No. 3 and Inspirada’s rebound bolstered by the Raiders headquarters and development in west Henderson, Las Vegas placed five master-planned communities in the top 23 in the nation with sales up a combined 36 percent during the first six months of 2021.
Lake Tahoe’s luxury real estate is moving at unprecedented levels. For the first time in his 18-year history of selling real estate, Mike Dunn, a luxury listing agent with Chase International, is witnessing luxury homes selling within days.
Camino Verde Group, a Las Vegas-based real estate investment, development and asset management company, has acquired Camino 2630 Apartments in midtown Las Vegas. The community at 2630 Sherwood St. is the fifth vintage apartment building the firm has purchased to refurbish in the neighborhood.
A report released Wednesday by Las Vegas Realtors shows local home prices continuing to set records while sales rise and the local housing supply remains tight.
A showcase home built by a luxury builder in the Henderson hillside development MacDonald Highlands has shattered the all-time Las Vegas sales record by going for $25 million.
Las Vegas residents are invited to celebrate the nation’s 245th birthday at America’s Birthday Party Parade: A Summerlin Community Celebration on July 3 at 9 a.m. The parade begins at the corner of Hillpointe Road and Hills Center Drive, travels south on Hills Center to Village Center Circle, then turns west on Trails Center Drive ending at the Trails Park.
While the luxury real estate market remains hot with some of the top sales in Las Vegas history in June and annual marks about to be shattered, the activity continues to pick up with more brokerages trading hands.