An unfinished Spanish Hills mansion with European influences and valued at $18 million is Las Vegas’ Custom Home of the Year.
It’s fitting the same weekend The Summit Club was recognized by the Las Vegas homebuilder and design community for some of the first homes completed in the 555-acre development.
MCA Realty, real estate investment and management company based in Orange County, California, has announced the recent acquisitions of five assets: two in Washington; two in Las Vegas; and one in Orange, California, for a total consideration of just over $71 million.
There’a a $10 million sale — the second highest sale on the Multiple Listing Service in nearly three months — for a two-story home built in 2002 in an enclave of Anthem Country Club. That’s $3.6 million more than paid for the home in 2018, and highest-ever sale in that community.
“Sitting by the creek with the waterfalls under the shade in the cool temps,” Debbie Olsen said. “It’s just priceless.”
A recent Las Vegas Realtors report shows the local housing market starting to stabilize even while home prices set another record.
As 2021 enters its final quarter, the luxury home market remains strong with 15 homes on the public market worth $11 million and higher, and 11 at $12.5 million and up, but Realtors are optimistic some sales will go through by the end of the year.
The desert sun shines brightly on the Las Vegas Valley about 300 days out of every year.
Matter Real Estate Group announced the purchase of a 42-acre land site in North Las Vegas at the Tropical/I-15 interchange. The site will be home to Matter Logistics @ North 15, a 1 million-square-foot industrial development. Matter will break ground on the project later this year with an opening planned for late 2022. Matter Logistics @ North 15 is funded by Principal Real Estate Investors.