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Category Archive : Just Sold

Wahlberg

Mark Wahlberg Sells Vegas Home for $16.6 Million One Year After Purchase, Makes $2 Million Profit

LAS VEGAS, NV – Hollywood actor Mark Wahlberg, well-known for starring in blockbuster movies such as “Transformers,” “Boogie Nights,” and “Pain and Gain,” has just sold his Las Vegas home just over one year after having purchased it, making an impressive profit in the process. 

In August 2022, Wahlberg bought a 7,327 square-foot, two-story, four-bedroom townhome for $14.5 million in the Summerlin-based The Summit Club, a stylish, private neighborhood catering to affluent families and individuals.  

One month prior to that purchase, Wahlberg had acquired a 2.5-acre plot of residential land for $15.6 million in the same community with the potential goal of using it to construct a mansion from the ground up. 

Just over one year later, the actor sold the townhouse on September 22 for over $16.6 million, netting himself a $2 million return on his investment. However, to date, it is still not known what the plans for the vacant plot of Summit Club land that he owns are. 

The Summit Club describes itself as a “555-acre extraordinary sanctuary” that is nestled between Red Rock Canyon National Conservation Area and the Las Vegas Strip, located off Town Center Drive south of Flamingo Road. The website goes on to say “The Summit Club is the only private residential lifestyle club community in Las Vegas. Sit back and enjoy five-star amenities, a championship golf course, a robust outdoor pursuits program and unique terrain-to-table culinary offerings.” 

The website also notes a plethora of wellness and recreation programs for residents, as well as snacks-laden golf course “comfort stations” and pickle ball and tennis courts that are adjacent to Wahlberg’s new residence. 

This is not the first expensive property that Wahlberg has parted with recently; earlier this year, he also sold his Beverly Hills Mansion for $55 million after previously listing the property for $87.5 million in 2022. He and his wife had previously purchased the estate in 2009 for $8.25 million. 

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

4909 Vegas Hills Ct, Las Vegas, NV 89135

$15 Million Summerlin Home Purchase Tops Las Vegas’ Highest July Real Estate Sales

LAS VEGAS, NV – A sale of a home in Summerlin’s Summit Club community – dubbed the “Sky Summit” – topped Las Vegas residential real estate sales for the month of July, fetching a cool $15 million for its sellers. 

The Sky Summit was originally constructed in 2020 and is located on Vegas Hill Court; the residence comes in at 8,936 square feet in size – about twice the area of a basketball court – and boasts seven bedrooms, six full baths, two partial baths, a five-car garage, and is situated upon an 0.8 acre plot of land. 

The home features a French contemporary design and impressive views of mountains and a neighboring golf course. The kitchen has a granite island with bar seating, and the primary suite located on the first floor has two custom walk-in closets and a master bathroom that extends from the house and into the outdoors; it is surrounded by dense landscaping to maintain privacy. 

The second floor also features an additional living area with a kitchen and dining area, in addition to a private balcony and two bedrooms. 

This modern, open concept design truly embodies and captures the best of desert living,” the listing says. “With its floor-to-ceiling windows, pocket doors, private Zen courtyard, extensive shaded patios, pool deck and balcony, it truly is a resort unto itself. With smooth white stucco exterior and stone columns, the entrance ushers you into a grand foyer. A great room holds a seating area ringed by beautiful stone, and first and second-story windows allow gorgeous mountain views.” 

The home was purchased by Sweet World Delta LLC from homeowners Candace Carr Easdale and Jack Clarke. 

In addition, a MacDonald Highlands home in Henderson came in as the second-highest sale of July at $12.9 million, with third place going to a residence in Henderson’s Ascaya neighborhood that sold for $8.95 million. 

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Soaring Bird Court

Henderson Mansion Sells for $20.5 Million after Previously Changing Hands in 2021 for $14.69 Million

LAS VEGAS, NV – A mansion located in Henderson’s Ascaya neighborhood – a private luxury community overlooking Las Vegas – has sold for $20.5 million after having previously changed hands back in June of 2021 for $14.69 million, illustrating the high level of price appreciation in southern Nevada’s luxury home market in recent years. 

The hillside home had been featured in the Las Vegas Review-Journal’s “Real Estate Millions” column in 2018, where it was dubbed the “house of wow and water.” The one-story estate – designed and built by Sun West Custom Homes – is situated on a 2.27-acre plot of land and offers a total of 12,101 square feet of space. It features six bedrooms, six full bathrooms, and two partial bathrooms, as well as a mammoth six-car garage. 

Developer Sun West notes that the mansion boasts many resort-style amenities and caters to both indoor and outdoor living, offering breathtaking views of the famed Las Vegas Strip as well as local mountain ranges. 

The backyard has a 5,900 square foot swimming pool that has a cold plunge and a spa. The great room also features views of the Strip, and the house has an entertaining kitchen with a separate prep kitchen, a game room, theater, study, casita, sports court, and an outdoor kitchen. 

The listing for the Ascaya estate, provided by real estate broker Ivan Sher, describes the home as containing a luxurious aesthetic combined with the natural beauty of the desert surrounding Henderson

This is where modern luxury intertwines with breathtaking vistas. When you pull up your car to the porte-cochere you look toward the house and you have dead-on Strip views. Everything is massive in scale. It’s a best-in-class home,” the listing says. “The home is enhanced by six generously proportioned bedrooms, including a mini suite and a full casita, offering versatility and privacy for guests and loved ones, alike.” 

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Dean Cain Kathy Hutchins

Actor Dean Cain Ditches California, Buys $4 Million Las Vegas Home: “I’ve Done a Smart Thing”

LAS VEGAS, NV – Actor Dean Cain – who grew to national fame playing Superman in the popular television series “Lois and Clark” in the 1990’s – is the latest example of California residents leaving their home for the improved quality of life offered by the neighboring state of Nevada, with Clark County property records showing that he closed on a $4 million home in Las Vegas’ Henderson suburb late last month. 

In a recent interview, Cain said that he enjoyed living in California but had decided to move from Malibu to Las Vegas because he was beginning to find the political climate in the Golden State becoming unbearable for his tastes.  

However, the actor recalled thinking “I believe I’ve done a very, very smart thing” almost immediately after moving to Southern Nevada. 

I love California. It’s the most beautiful state. Everything’s wonderful about it except for the policies. The policies are just terrible. The fiscal policies, the soft-on-crime policies, the homelessness policies,” Cain said. “If I wanted to do anything out of Malibu, it took me 45 minutes to an hour to get anywhere. Here, the longest I’m driving is 20 minutes.”  

Cain sold his ocean-view Malibu home in May for $6.25 million, a $1 million reduction from his original asking price. His new residence, located within Henderson’s guard-gated Terracina at Seven Hills development, comes in at 6,600 square feet with five bedrooms, seven bathrooms and a three-car garage, boasting modern, contemporary architecture with views of mountains, city lights, and the famed Las Vegas Strip. 

The interior, which is accessed through a walled courtyard with an elegant “walk on water” entrance, boasts high ceilings and glass walls, with a great room with two fireplaces and three wall mounted televisions and a huge gourmet kitchen. Other high-end amenities include an elevator, movie theater, glass and closed wine cellar, a game room, and a backyard putting green. 

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Las Vegas Home Featuring “Little Italy” Street Design Sells for Nearly $6 Million

LAS VEGAS, NV – A strikingly unique mansion on sale in the gated Las Vegas community known as The Ridges in Summerlin that features a cobblestone Italian street complete with faux storefronts has sold for nearly $6 million

Dubbed “Little Italy” and located at 15 Bright Hollow Court in The Ridges’ affluent gated Azure community, the home was originally listed for $6.5 million, with the eventual sale being finalized on May 30 for $5.9 million to a homeowner currently living in The Ridges

The owners of the six-bedroom mansion, Lara and David Stone, spared no expense to create a stunning replica of an Italian street in the backyard of their home, located on a 0.6-acre plot of land. 

Built by the Stones in 2011, the three-story, 9,771 square-foot home features six en suite bedrooms, formal living and dining, an executive office/library with built-ins, a craft room/office and an elevator. 

The backyard has a lightwell in its basement that is located under the backyard, and in an effort to spruce it up in an unusual way, the couple took a suggestion from Lara’s mother to build a European street scene around it. With the Stones having visited Italy multiple times, it seemed only natural to use it as inspiration, they said. 

The result is an ultra-realistic replica of an Italian street – “Via Di Pietra” which translates to “Stone Street” – complete with cobblestone floors, fake storefronts with windows and doors, and quaint little cafe tables. The storefronts, while fake, nonetheless contain rooms behind them, such as a wine cellar and a home theater. 

Other amenities in the house include a pool, an outdoor fire pit, a basketball court. Crestron 4 Smart Home Technology, and a four-car garage and porte-cochere entry. 

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

NHL Winger Max Pacioretty Scores Big With Sale of $11M Home in Las Vegas

Las Vegas Home of NHL Star Max Pacioretty Sells for $11 Million; 10,000 Square-Feet, Half-Acre of Land

LAS VEGAS, NV – The Las Vegas estate of National Hockey League (NHL) star Max Pacioretty, a left winger for the Carolina Hurricanes, has sold for an impressive $11 million.

The sale represented two significant milestones for the Southern Nevada region; it is the highest price ever paid for a home in The Ridges – a luxury master-planned community in Summerlin, where Pacioretty’s home was located – as well as the highest price paid for a home anywhere in the greater Las Vegas area so far this year.

Initially starting his career with the Montreal Canadiens, Pacioretty, 34, was traded to the Vegas Golden Knights before the 2018–19 NHL season; although the move reportedly revitalized his career, he was traded to the Hurricanes in July 2022 due to salary cap complications with the Golden Knights, thus necessitating the sale of his Vegas home.

The NHL player’s now-former home in The Ridges is indeed an impressive estate, consisting of a single-story mansion with 10,000 square-feet of living space, situated upon a half-acre plot of land.

The home offers a plethora of opulent amenities, including a Calacatta marble fireplace, wine cellar, personal gym, sauna, screening room, 55-foot pool, fire pit, sport court, an outdoor kitchen, and a built-in hockey practice surface.

The kitchen boasts double islands and a walk-in pantry, and the primary bedroom suite comes with sliding glass doors that allow access to the yard and pool. The bathroom features a soaking tub as well as double showers.

Over the course of his career, Pacioretty has scored 326 goals and accumulated 318 assists; however, Pacioretty is currently sitting out due to an injury he sustained to his Achilles tendon in January.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Celine Dion

Singer Celine Dion Sells Las Vegas Mansion for a Whopping $30 Million

LAS VEGAS, NV – Celine Dion has sold her luxurious Las Vegas mansion, located in the affluent Summit Club community, in an off-market deal that netted the world-famous best-selling singer a whopping $30 million.

While the mansion in question has been confirmed to have been owned by Dion, it is currently unknown if the singer behind some of the bestselling English-language albums in history – such as “Beauty and the Beast” and “My Heart Will Go On” – had ever actually moved in to the sprawling estate, which reports say was regularly being worked on by construction companies.

The six-time Grammy Award winner originally purchased the Summit Club home in 2017 for $9.2 million, which makes the $30 million sale a significant return on her initial investment. The deal reportedly closed in late April, with the buyer being an LLC tied to San Francisco-based private equity head Chuck Esserman.

As the property was never actually listed on the open market and was sold as a private transaction, there are few details available about it beyond what is available in Clark County records. The 31,000 square-foot mansion is located upon a 1.4 acre plot of land and has four bedrooms and an incredible 12 bathrooms.

The residence also has a 3,300-square-foot subterranean parking garage and a pool and a spa that overlooks the 12th hole on the Summit Club’s Tom Fazio-designed golf course.

Dion has been regarded as one of the greatest singers in music; with record sales of estimated at 200 million worldwide, she is the best-selling Canadian recording artist, the best-selling French-language artist, and one of the best-selling recording artists of all time.

The guard-gated Summit Club is also home to many other wealthy and powerful individuals, such as Golden Knights owner Bill Foley, motivational speaker Tony Robbins, venture capitalist Marc Andreessen, data center mogul Rob Roy, and Hollywood movie star Mark Wahlberg.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Henderson Mansion

Henderson Mansion Under Contract for $75 Million, Could Set Record for Luxury Sale

LAS VEGAS, NV – In a state known for pricey luxury real estate purchases, a Henderson mansion that is currently under contract could eclipse them all if the sale goes through, considering the property’s whopping $75 million asking price.

Located within the MacDonald Highlands – a series of affluent residential neighborhoods in Henderson – a lavish residence slated to be constructed by development firm Terra FirmaIs is under contract for the aforementioned record $75 million, and will be one of the largest luxury homes ever built in the Las Vegas valley, clocking in at an eye-popping 55,000 square feet.

The previous record holder when it comes to luxury sales in Las Vegas was a newly-built 15,000-square-foot home situated on 1.26 acres – also in MacDonald Highlands – that was purchased in 2021 for $25 million.

The deal for the potentially record-breaking home sale is due to close in mid-May, at which time it will officially appear in Clark County records.

The especially interesting part of this transaction lies in the fact that the home has not even been constructed yet; the design has yet to be finalized and is subject to change, but in its current configuration the residence is slated to be 55,000 square feet in size and standing either two or three stories with a total of 13 bedrooms.

The home will be constructed upon four combined lots for a total of 1.1 acres. The groundbreaking on the project is expected to take place in early 2024, and construction of the residence will take approximately two-and-a-half years, according to the developer.

Upon completion, the home will reflect a modern design aesthetic and possess many high-end amenities, such as a gym, a movie theater, a gaming room, sports court and swimming pool.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

David Copperfield

Former Las Vegas Home of Famed Magician David Copperfield Anticipated to Close for Over $5 Million

LAS VEGAS, NV – The former Las Vegas home of famed magician David Copperfield – situated on “Billionaires Row,” known for its many high-priced mansions owned by celebrities and business magnets – was listed in February for $5.25 million and was quickly bought, with reports indicating the hot property will close within the coming days following intense interest from several buyers. 

Billionaires Row – located near the Las Vegas Strip – has seen high-powered individuals such as Mike Tyson, Clark Gable, Carole Lombard, Phil Ruffin, the sultan of Brunei, and Wayne Newton call it home over the years. 

Copperfield’s former residence – an estate located within the gated Marquis Community at 6755 Agave Azul Court, which served as the magician’s secondary residence as part of his four-year contract with MGM – is a lavish 8,228-square-foot four-level custom estate.  

The property sold within just two weeks of being put up for sale, and experts say it is expected to close in early May. The quick turnaround on the listing, according to experts, is due to it being exceedingly rare for any of the homes on Billionaires Row to be put up for sale; on the occasions they do become available, they are often snapped up very quickly. 

Custom built by Las Vegas-based developer Blue Heron and California-based firm Danielian Associates, the estate was considered ahead of its time when it was first constructed, utilizing insulated concrete for the home’s frame, solar thermal power, and an energy-efficient cool-roof system. Compared to conventional building techniques, the home – located on a half-acre plot of land – achieved a 76 percent reduction in energy use. 

In addition, the home features two primary suites, three en suite guest rooms, an executive office and an elevator. The backyard boasts a vanishing-edge swimming pool with a swim-up bar, spa, sunken outdoor kitchen and a detached Zen casita with pocket doors that hide away. 

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

White Sands Motel

Native American Tribe Purchases Boarded-Up Las Vegas Strip Motel with Plans to Demolish

LAS VEGAS, NV – A boarded-up, abandoned motel on the famed Las Vegas Strip that has been home to vagrants, feral cats, and vandalism for a number of years has been purchased by a Native American tribe with plans to demolish the structure and subsequently repurpose the property.

According to property records, the Three Affiliated Tribes of the Fort Berthold Indian Reservation in North Dakota – also known as Mandan, Hidatsa and Arikara Nation – purchased the former White Sands Motel site last week for $10.25 million.

The long-time zombie property is located on a narrow 1.1-acre parcel of land adjacent to the former Route 91 Harvest festival site and represents the latest investment on the part of the MHA Nation, which to date has purchased a total of 23 acres along the southern portion of the Strip for a total combined price of $115 million.

The motel building – originally constructed in the 1950s – is currently in a substantial state of disrepair, having been the target of vandalism and squatting by homeless people and cats for years, and according to MHA Nation Chairman Mark Fox, the plan is to completely raze the property and redevelop it.

“It definitely cannot be salvaged,” Fox said, adding that the MHA Nation will “tear it down and clean it up,” a process that he estimates will cost at least $1 million. There is currently no timeline in place for the site’s demolition.

The MHA Nation is still formulating a strategy or their real estate holdings in Las Vegas; Fox noted that they either might be used to develop a casino-resort, or just flipped to new owners for a profit.

“We’re really going to the drawing board,” Fox said.

The White Sands Motel site has been unsuccessfully put on the open market several times over the years for various asking prices. It was initially offered for $25 million in 2016, then for $18 million in 2021, and finally $12 million in spring 2022, with no takers each time.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

1639 VALLEY DRIVE, LAS VEGAS

Roy Horn’s “Jungle Palace” Las Vegas Mansion Sells Quickly for $3 Million

LAS VEGAS, NV – Despite having only just been listed on the market in early March, the Las Vegas-based “Jungle Palace” mansion of late entertainer Roy Horn – of “Siegfried and Roy” fame – has officially and quickly been sold for its impressive asking price of $3 million.

The estate, located at 1639 Valley Drive, was home to Horn – who lived there with the tigers and lions that were part of Siegfried & Roy’s iconic stage performances – until his death at the age of 75 in May 2020 due to complications from COVID-19.

Horn’s partner, Siegfried Fischbacher, lived a few miles away on an 80-acre compound called Little Bavaria, and passed away in 2021 from pancreatic cancer.

Previously, the estate had been targeted for demolition to make way for an apartment complex; however, those plans quickly changed, with the property subsequently being kept intact and listed for sale instead.

The Jungle Palace features a Moroccan-theme with an 8,750 square-foot main house along with three guest houses, three pools and a jacuzzi, six electric gates, two detached studios, a bird sanctuary, and multiple animal enclosures.

All of the houses on the property are stuffed with treasures and memorabilia – including a 5,000-pound silver tiger from India, Persian rugs, and gold candelabras gifted to them by Liberace – collected by Siegfried & Roy over the course of their iconic career as magicians and entertainers, where they were best known for their appearances with white lions and white tigers.

Siegfried & Roy had a residency at Las Vegas’ Mirage Hotel for 13 years but were forced to end their performances after Roy sustained an injury from one of the tigers on stage in 2003

The Jungle Palace was originally constructed in 1954 and later bought by Horn in 1982; following his death, a private firm purchased the estate in 2022 for $1.87 million.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Mark Wahlberg

Top 2022 Vegas Luxury Home Purchases Led by $14.5M Mark Wahlberg Bungalow

LAS VEGAS, NV – 2022 continued the trend in Las Vegas of strong sales of luxury homes – a situation that has become common into 2023 with the top spot being held by the purchase of a $14.5 million bungalow by Hollywood A-list actor Mark Wahlberg, along with numerous other sales throughout the year.

Despite rising mortgage rates slowing down homes sales in Southern Nevada overall, the luxury market has shown zero signs of hitting the brakes.

According to Las Vegas-based Home Builders Research, there were 544 closings of new homes worth $1 million or more during 2022, which represents a 26 percent increase over 2021, when 432 homes in that price range were sold. In addition, 313 luxury homes were sold in 2020 and 247 in 2019, illustrating that the market continues to climb as the years go on.

In contrast, the overall new home market in Las Vegas saw closings decrease 1.6 percent over the course of 2022, which reports say was driven by the increased cost of building materials and labor, as well as increased interest rates on home mortgages.

However, experts say that the luxury market in Las Vegas has continued to thrive due to the simple fact that buyers in that category are typically quite affluent, and often purchase them with cash; in cases where they do not, the increased interest on home loans as of late often does not function as a deterrent, due to their wealthy status.

Aside from Wahlberg’s purchase of a $14.5 million bungalow in The Summit Club – the exclusive resort community in Summerlin – some of the top sales of 2022 also include a Sun West Custom Home that sold for $6.02 million in Ascaya, and a residence on Boulderback Drive also in Ascaya that went for $6 million.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.