The Las Vegas high-end real estate market is currently showcasing a collection of ultra-luxury properties, with eight homes listed for $19.9 million or more. A residence in the exclusive Summit Club community leads the market with an asking price of $32 million, highlighting a trend of significant wealth investment in the region's most prestigious neighborhoods.
These listings, concentrated in areas like The Summit Club, MacDonald Highlands, and The Ridges, offer a look into the amenities and architectural styles demanded by the top tier of buyers, from private sports facilities to expansive views of the Las Vegas Strip.
Key Takeaways
- A home in The Summit Club is the most expensive listing in Las Vegas at $32 million.
- Eight properties are currently on the market with asking prices of $19.9 million or higher.
- Exclusive communities such as The Summit Club and MacDonald Highlands feature prominently among the top listings.
- Unique amenities include underground car museums, private roller rinks, and extensive wellness wings.
An Overview of the Las Vegas High-End Market
The Las Vegas luxury housing sector is demonstrating remarkable strength, with a significant inventory of properties priced in the eight-figure range. According to market data, at least eight homes are currently available for purchase at prices starting from just under $20 million.
This collection of high-value homes is spread across several of the valley's most sought-after gated communities. These neighborhoods are known for their privacy, security, and access to world-class amenities like championship golf courses and private clubhouses.
Understanding the Luxury Segment
The ultra-luxury real estate market, typically defined as properties priced in the top percentile of a given region, often operates independently of broader housing trends. Buyers in this segment are typically less sensitive to fluctuations in mortgage rates and are often seeking unique properties that serve as both a primary residence and a significant asset.
The Summit Club Dominates Top Listings
The most expensive property currently available in Las Vegas is a $32 million estate located in The Summit Club. This two-story residence, built in 2017 by Blue Heron, spans 9,188 square feet and is situated on nearly an acre of land.
The home includes five bedrooms, seven bathrooms, and a six-car garage. According to the listing by Kevin Marsh of Summit Club Realty, the property features two primary bedroom suites, a chef's kitchen, a media room, and an elevator. Its location near the community's clubhouse adds to its appeal.
Other Notable Summit Club Properties
The Summit Club is also home to two other properties in the top four listings. A newly completed home, finished in 2024, is listed for $27 million. This 11,974-square-foot mansion offers six bedrooms and nine bathrooms, with views overlooking the Tom Fazio-designed golf course. Ivan Sher with IS Luxury is the listing agent.
"Blending modern elegance with warmth, it’s flooded with natural light and features disappearing glass walls for seamless indoor-outdoor living," Sher stated in the property description.
Another Summit Club property, also listed by Sher, carries a $25 million price tag. Described as a "desert modern masterpiece," this home measures 6,707 square feet and includes four bedrooms, five bathrooms, and a separate guest casita.
Estates with Exceptional Amenities
Beyond The Summit Club, other communities boast properties with unique and expansive features. In Henderson's MacDonald Highlands, a newly constructed home is listed for $21 million. The property is designed for a car enthusiast, featuring a 26-car garage that functions as an underground museum, complete with a car elevator.
A Car Collector's Dream
The $21 million MacDonald Highlands property allocates 5,000 square feet of its total 17,000 square feet to garage and showroom space. "This sophisticated modern home has an underground car museum and show room with a car elevator," noted listing agent Ashlee Neshkoff of Virtue Real Estate.
The home also includes five bedroom suites, a resort-style spa room with a Jacuzzi, steam and dry saunas, a gym, and a movie theater.
Sprawling Compound in the South Valley
Tied for the seventh-highest price is a unique $19.9 million estate in the south valley. This property sits on over five acres and is comprised of two separate buildings. The main residence is a 13,853-square-foot home with seven bedrooms and 14 bathrooms.
The second building is a massive 24,436-square-foot recreational facility. This structure contains a wide array of amenities, including:
- An indoor roller hockey and basketball court
- A racquetball court
- A batting cage
- A golf simulator
- A zipline
Frank Napoli of Berkshire Hathaway Home Services is the listing agent for this Spanish Colonial-style estate, which also features a 16-car garage and a resort-style pool with a rock-climbing wall.
Additional High-Value Listings Across Las Vegas
The list of top-tier homes extends to other exclusive neighborhoods, each offering distinct features and architectural styles. A property in the southwest valley's Lakes Estates is on the market for $28 million. This home is described as a reimagined 17th-century castle blended with modern design elements. It measures 12,720 square feet with five bedrooms and eight bathrooms.
In The Ridges, a triple-gated community, a home is listed for $19.95 million. This 13,318-square-foot residence recently underwent a $6 million renovation and offers 360-degree views of the Strip and surrounding mountains.
Price Adjustments in the Luxury Market
Several of the top listings have seen price reductions since they were first introduced to the market. For example, the $19.9 million south valley estate was originally listed for $25 million, while a MacDonald Highlands home now priced at $19.9 million was initially offered at $22.9 million. These adjustments can reflect market conditions, seller motivation, or an initial pricing strategy aimed at testing the market's upper limits.
Another MacDonald Highlands property, listed for $19.9 million by Richard Brenkus with Keller Williams MarketPlace, is a 14,005-square-foot single-story home designed for entertainment. It features a 12-seat theater, a private wellness wing, and a backyard with two pools, two spas, and seven waterfalls.
These properties collectively represent the pinnacle of luxury living in Las Vegas, showcasing a market that continues to attract significant investment and cater to buyers seeking unparalleled amenities and privacy.
