™
Luxury Homes Report Third Quarter 2015
Global Exposure | Local Presence
Featured List
FEATURED LISTING Panorama Towers - Unit 2400
L u x u r y H o m e s L a s Ve g a s . c o m
WHO WE ARE Luxury Estates International is an upscale real estate brokerage specializing in marketing and selling the finest luxury homes, high rise condos, top-of-the-line penthouses and most sought after parcels of land. With a mission to deliver the BEST
GLOBAL EXPOSURE
EDITORIAL PHOTOGRAPHY
first-class customer service in the business and
Our global marketing targets and attracts qualified buyers from all over the world resulting in more exposure for our client’s homes.
We utilize the absolute best techniques to capture the spaces of our listings. From high dynamic range photography to aerial drone-driven photography, we are equipped to deliver the very best representation.
Their listings continually attract the most affluent
MEDIA COVERAGE
3D TOURS
buyers both domestically and abroad. From
Kamran Zand’s highlight reel draws interest from all over the world. He often finds himself being approached by mainstream media to feature his market-changing results.
Our International buyers are now able to view the floor plan, a dollhouse view and virtually walk through the entire property as if they were actually inside the home.
INTERNET REACH
SOCIAL MEDIA
We are the number 1 ranked website for the top keywords that matter! Thousands of unique visitors a month come to our website to search for luxury homes in Las Vegas.
Our social media posts spread like wildfire. From photos to cinematic tours, our listings are liked, shared and commented on from fans and prospective buyers from all over the world.
a vision to be the luxury real estate brokerage of choice, the company continues to deploy the most innovative marketing techniques.
global exposure and exclusive media coverage, to editorial photography, there is a skillful artistry behind the presentation of some of the most prestigious properties in town. No average approach will do these properties justice, let alone generate the results they are capable of receiving. At Luxury Estates International, innovation is not desired - it is a way of life.
Real Estate Millions RJrealestatemillions.vegas
LAS VEGAS REVIEW-JOURNAL • SUNDAY, JUNE14, 2015 • SECTION G
a REAL ESTATE • 702-383-0299
LAS VEGAS PENTHOUSES
COURTESY PHOTOS
No. 4505 at The Residences at Mandarin Oriental sold for $1,234.10 per square foot on May 21, which set a record this year for price. Kamran Zand of Luxury Estate International had the listing.
HIGH-RISE UNIT FETCHES RECORD-HIGH PRICE Residence on Mandarin Oriental’s 45th floor sells for $3.4 million By HOLLY IVY DEVORE
L
The listing agent was Kamran Zand of Luxury Estate Interna-
REAL ESTATE MILLIONS tional, and the buyer was represented by Steven Khalilzadegan of
as Vegas high-rises not only offer some pretty amazing views. Some sit high on the 2015 highest-price-persquare-foot sales chart, with No. 4505 at The Residences at Mandarin Oriental selling for $1,234.10 per square foot on May 21. This 45th-floor, 2,755-square-foot residence within CityCenter was purchased by a California buyer for $3.4 million, making it the highest price-per-square-foot resale ever in The Residences at Mandarin Oriental and topping a $1,000-per-square-foot sale there March 5.
Savi Realty. “The reason we were able to sell this in such a short period of time has to do with Rahimi Designs building and designing the unit combined with the marketing techniques of Luxury Estates International … and its location within the five-star Mandarin Oriental,” Zand said. The two-bedroom, 2½-bath residence combines high-end design elements to create a sense of modern luxury and offers
▶ SEE HIGH-RISE PAGE 4G
A feeling of ‘where Zen and feng shui collide’
IDENTITY Our approach to marketing unique properties begins with the creation of a brand specific to what makes it oneof-a-kind. Increasing the perceived value with a brand allows properties to sell faster and for a higher price.
Steve Mason and Angeles Scorsetti listed their furnished Mandarin Oriental’s 41st floor penthouse for $3.1 million through Luxe Estates & Lifestyles. This is the master bath.
Custom luxury homesites. Designed by nature. Envisioned by you.
ASCAYA.COM I Henderson, NV I 702 978 5800
VIDEOS We provide full motion, high definition property videos using state-of-the-art equipment. Our video tours offer a smooth as glass walkthrough into the luxury and elegance of our listings.
COPY Our subcontracted copywriters and editors apply their years of public relations, marketing and newsroom experience to enhance the descriptions of each listing’s unique features.
I highly recommend Kamran Zand to anyone who has a high-end home for sale. He brings a unique combination of energy, enthusiasm, knowledge and marketing strategies to every sale. He will vet all prospects and not waste your time showing the home to buyers who are unqualified for any reason. I’ve dealt with lots of Realtors over the years and Kamran is by far the best.
- Peter Simon Client | 9028 Players Club Drive | $3,800,000
Artist Rendering
INTRODUCING UNLIMITED POSSIBILITIES 4471 Dean Martin Drive - Unit 4500
One-of-a-kind top floor gray shell penthouse! This extravagant property gives the buyer the option to customize their entire 45th floor penthouse and build out a floor plan designed by Richard McGrew, well known for his work with the Mondrian Delano, MGM Grand and many other properties on the Las Vegas Strip. The Design comes complete with Mechanical, Electrical and Plumbing (MEP) under-deck services and includes: 2 master suites, 2 kitchens, catering pantry, formal dining, wine room, library, steam and massage room, water feature, optional skylights and atrium, 4 balconies, access controlled elevator, 4 parking spots, elevator and floating stairs to a private rooftop deck overlooking breathtaking panoramic strip, city and mountain views! There are unlimited possibilities nestled above it all, on the top floor of The Martin!
12,940 SQFT | 7 BD | 10 BA $4,500,000
LUXURY LIVING ELEVATED 9103 West Alta Drive - Unit 501
One Queensridge Place is among Las Vegas’ premier residences. Enjoy breathtaking Strip, mountain, and golf course views from this stunning modern masterwork. Inspired designer, Cary Vogel, combines the finest materials and amenities to create a truly upscale living experience. Travertine flooring with polished marble accent gleams. Pristine wood veneers with ebony trim flow throughout. Hand-made glass features by renowned artist Leslie Rankin bring sheer beauty to this exclusive property. The only model to offer hers-and-his baths with individual walk-in closets, the master bedroom indulges your every whim. Finally, the chef’s kitchen boasts a full-suite of Viking appliances, Grohe faucets and Miele dishwashers. Altogether, this is one of the finest residences available in One Queensridge Place. 4,826 SQFT | 3 BD | 5.5 BA | 3-Car Garage
$2,250,000
$4,995,000
LEI
High Rise Third Quarter 2015
Sold Units
LEI
Unit
List Price
Sale Price
SP/SqFt
DOM
Closing Date
SqFt
Bed
Bath
High Rise Tower
2407
$1,829,500
$1,623,500
$775
217
8/26/2015
2094
2
3
Mandarin Oriental
T1-1801
$9,990,000
$6,030,000
$384
618
8/17/2015
15691
5
9
One Queensridge Place
T2-202
$1,850,000
$1,750,000
$454
90
7/1/2015
3856
3
4
One Queensridge Place
T1-1103
$1,329,000
$1,300,000
$493
15
9/28/2015
2638
2
3
One Queensridge Place
2101W
$2,300,000
$2,000,000
$887
0
9/21/2015
2256
2
3
Veer Towers
LEI
LEI
LEI A Luxury Estates International Transaction
EI GALLERY
SOLD L
LEI
One Queensridge Place - Unit 501-T2
$2,250,000
3rd Quarter - High Rise
LEI
One Queensridge Place - Unit 1103-T1
Veer Towers - Unit 911W
$1,300,000
$699,900
(In Contract)
The Martin - Unit 2709
Panorama Towers - Unit 2012-T1
Veer Towers - Unit 3403E
The Ogden - Unit 2210
$675,000
$590,000
$445,000
$234,900
(In Contract)
(In Contract) (In Contract)
Information deemed reliable, but not guaranteed. Data is comprised of $1M+ resale units between 07/01/15-09/30/15.
VEGAS ROYALTY VIEW 4525 Dean Martin Drive - Unit 2400 - Panorama Towers
Welcome to the most unique high-rise residence in all of Las Vegas. Fit for royalty, this unit has everything you would ever want, plus more. Retractable glass pocket doors will give you the elevated indooroutdoor living experience you’d expect in a custom home, while the home automation system will allow you to set the right mood for enjoying breathtaking 270 degree views of the city, mountains and famous Las Vegas Strip.
3,414 SQFT | 2 BD | 2 BA | 3 Parking Spaces $2,000,000
Featured listing on the cover.
Single Family Third Quarter 2015
Sold Homes Luxury Residence
List Price
Sale Price
SP/SqFt
DOM
Closing Date
SqFt
Bed
Bath
Community
2 AYDEN DR
$3,375,000
$3,000,000
$351
228
8/26/2015
9920
6
8
Anthem Country Club
10 CORRAL DE TIERRA PL
$2,499,000
$2,300,000
$388
188
9/4/2015
7228
5
8
Anthem Country Club
11 SANKATY CR
$1,495,000
$1,425,000
$296
89
9/15/2015
4812
4
5
Anthem Country Club
28 BROOKRIDGE DR
$1,100,000
$1,050,000
$187
422
7/17/2015
5624
5
5
Anthem Country Club
10 OLD MARSH CT
$1,099,000
$1,072,500
$272
0
9/25/2015
3943
4
5
Anthem Country Club
9 GOLF CREST CT
$1,080,000
$1,029,000
$261
62
8/28/2015
3943
4
5
Anthem Country Club
19 ISLEWORTH DR
$1,049,990
$1,030,000
$261
36
8/27/2015
3942
4
5
Anthem Country Club
10416 SUMMIT CANYON DR
$2,975,000
$2,550,000
$356
74
8/11/2015
7155
5
7
Bellacre
217 DESERT ROSE CT
$1,250,000
$1,175,000
$227
612
8/10/2015
5181
4
4
Boulder City
9329 CANYON CLASSIC DR
$1,695,000
$1,695,000
$292
22
7/29/2015
5799
4
5
Canyon Fairways
8644 SCARSDALE DR
$1,195,000
$1,160,000
$268
141
8/24/2015
4333
4
4
Canyon Gate
9037 PARK FOREST CT
$1,249,000
$1,210,000
$230
5
9/21/2015
5268
7
7
Country Club Hills
1700 WINCANTON DR
$1,199,900
$1,165,000
$230
109
9/15/2015
5055
5
5
Country Club Hills
9012 BALD EAGLE DR
$1,349,000
$1,260,000
$317
0
7/7/2015
3972
4
5
Eagle Hills
6775 AGAVE AZUL CT
$2,350,000
$2,125,000
$345
67
9/18/2015
6161
4
7
East Las Vegas
2287 FEATHERTREE AV
$1,250,000
$1,258,000
$255
4
7/21/2015
4932
5
5
Green Valley Ranch Estates
2284 CANDLESTICK AV
$1,189,000
$1,145,000
$190
345
9/28/2015
6015
5
5
Green Valley Ranch Estates
1869 WOODHAVEN DR
$1,150,000
$1,100,000
$157
17
9/4/2015
7003
7
7
Hllsboro Estates
3 PLACA SANTA MARIA CT
$1,695,000
$1,400,000
$243
468
7/31/2015
5770
4
5
Lake Las Vegas
14 PLACA DE REI CT
$1,250,000
$1,112,000
$224
98
7/9/2015
4956
3
5
Lake Las Vegas
2931 AUGUSTA DR
$1,899,990
$1,585,000
$249
137
7/1/2015
6374
5
5
Las Vegas Country Club
1501 FOOTHILLS VILLAGE DR
$1,599,000
$1,600,000
$253
17
7/24/2015
6315
5
7
MacDonald Highlands
1676 TANGIERS DR
$1,499,000
$1,366,000
$248
47
9/29/2015
5498
5
7
MacDonald Highlands
1640 LIEGE DR
$1,399,000
$1,175,000
$197
139
7/27/2015
5952
5
7
MacDonald Highlands
427 STONE LAIR CT
$1,299,900
$1,300,000
$258
89
8/28/2015
5037
7
7
MacDonald Highlands
535 REGENTS GATE DR
$1,200,000
$1,100,000
$243
28
7/17/2015
4535
4
5
MacDonald Highlands
532 REGENTS GATE DR
$1,125,000
$1,050,000
$301
46
7/6/2015
3968
3
4
MacDonald Highlands
1513 FOOTHILLS VILLAGE DR
$2,690,000
$2,761,714
$425
60
7/2/2015
7241
4
7
McDonald Highlands
8514 VERDE PARK CR
$1,600,000
$1,520,000
$195
78
9/15/2015
7809
5
7
Northwest
6280 W DEER SPRINGS WY
$1,390,000
$1,200,000
$207
834
9/29/2015
5802
5
6
Northwest
3011 PINTO LN
$2,885,000
$2,200,000
$321
713
9/18/2015
8721
6
9
Pinto/Palomino
908 PONT CHARTRAIN DR
$1,395,000
$1,300,000
$258
220
7/27/2015
5044
4
5
Queensridge
308 QUEENS GATE CT
$1,295,000
$1,125,000
$226
25
8/26/2015
4976
5
6
Queensridge
2592 RED ARROW DR
$3,750,000
$3,000,000
$451
77
9/2/2015
6648
5
6
Red Rock Country Club
2620 RED ARROW DR
$1,995,000
$1,900,000
$361
151
7/29/2015
5268
4
5
Red Rock Country Club
2794 RED ARROW DR
$1,650,000
$1,550,000
$405
11
8/11/2015
4104
4
5
Red Rock Country Club
2485 GRASSY SPRING PL
$1,625,000
$1,542,741
$293
57
9/4/2015
5268
4
5
Red Rock Country Club
Single Family Third Quarter 2015
Sold Homes Luxury Residence
List Price
Sale Price
SP/SqFt
DOM
Closing Date
SqFt
Bed
Bath
Community
3084 RED ARROW DR
$1,480,000
$1,400,000
$366
137
7/29/2015
4359
4
5
Red Rock Country Club
11432 MORNING GROVE DR
$1,299,500
$1,250,000
$248
124
8/13/2015
5037
5
6
Red Rock Country Club
1977 CHERRY CREEK CR
$1,294,000
$1,235,000
$245
28
7/6/2015
5037
5
6
Red Rock Country Club
3027 RED SPRINGS DR
$1,098,000
$1,000,000
$227
383
8/31/2015
4410
4
5
Red Rock Country Club
767 DIBASIO CT
$1,275,000
$1,000,000
$178
69
7/1/2015
5607
5
6
Roma Hills
1408 MARBELLA RIDGE CT
$1,999,900
$1,980,000
$215
45
8/10/2015
9198
7
7
Section 10
1312 VILLA BAROLO AV
$1,950,000
$1,925,000
$256
84
8/28/2015
7519
4
7
Seven Hills
1309 DILEVANTE DR
$1,850,000
$1,600,000
$273
56
9/8/2015
5856
4
5
Seven Hills
2697 PONTE VECCHIO TE
$1,699,900
$1,570,000
$239
210
7/10/2015
6579
4
5
Seven Hills
1525 VILLA RICA DR
$1,500,000
$1,450,000
$238
4
7/22/2015
6101
5
6
Seven Hills
1341 DILEVANTE DR
$1,374,900
$1,250,000
$247
241
8/14/2015
5065
5
6
Seven Hills
1363 OPAL VALLEY ST
$1,229,900
$1,099,999
$196
101
9/18/2015
5624
4
5
Seven Hills
1522 VILLA RICA DR
$1,200,000
$1,045,000
$209
74
8/17/2015
5005
4
5
Seven Hills
1282 IMPERIA DR
$1,050,000
$1,020,000
$244
232
8/31/2015
4183
4
4
Seven Hills
11420 KLAVANS CT
$1,149,500
$1,100,000
$289
59
8/7/2015
3805
4
4
South Las Vegas
11857 OAKLAND HILLS DR
$1,149,000
$1,075,000
$211
232
9/29/2015
5098
5
6
Southern Highlands Country Club
21 OLYMPIA HILLS CR
$2,375,000
$2,150,000
$296
106
9/29/2015
7264
3
7
Southern Highlands Country Club
11865 BRIGADOON DR
$1,299,000
$1,200,000
$235
28
7/1/2015
5435
5
6
Southern Highlands Country Club
11786 ALNESS LN
$1,249,000
$1,225,000
$240
248
7/23/2015
5098
5
6
Southern Highlands Country Club
5070 SCENIC RIDGE DR
$1,495,000
$1,350,000
$286
210
9/18/2015
4713
4
5
Spanish Hills
1401 SILVER OAKS ST
$1,199,999
$1,050,000
$245
73
9/8/2015
4282
4
6
Ten Oaks
2232 CHATSWORTH CT
$1,200,000
$1,150,000
$204
35
9/16/2015
5631
4
4
The Fountains
3012 ISLAND VIEW CT
$1,199,500
$1,100,000
$267
53
7/31/2015
4116
3
4
The Lakes
10217 ORKINEY DR
$1,350,000
$1,300,000
$319
21
7/2/2015
4079
4
4
The Palisades
7 FALCON VIEW CT
$17,500,000
$11,000,000
$761
132
8/18/2015
14464
6
9
The Ridges
25 PAINTED FEATHER WY
$4,399,900
$4,250,000
$472
90
9/18/2015
9013
6
8
The Ridges
16 WILD RIDGE CT
$3,200,000
$3,000,000
$552
3
8/31/2015
5439
3
5
The Ridges
18 DRIFTING SHADOW WY
$2,750,000
$2,550,000
$603
0
7/16/2015
4231
4
6
The Ridges
70 HAWK RIDGE DR
$2,600,000
$2,550,000
$435
71
7/8/2015
5856
4
5
The Ridges
76 MIDNIGHT RIDGE DR
$2,090,000
$2,098,597
$355
455
8/19/2015
5904
5
6
The Ridges
68 MIDNIGHT RIDGE DR
$1,999,000
$1,975,000
$492
56
7/10/2015
4405
3
5
The Ridges
36 HUNTING HORN DR
$1,945,000
$1,880,000
$409
62
8/28/2015
4600
3
5
The Ridges
9 MIDNIGHT RIDGE DR
$1,935,000
$1,938,197
$406
435
7/27/2015
4778
4
5
The Ridges
29 OWL RIDGE CT
$1,361,165
$1,200,000
$246
49
7/30/2015
4871
5
6
The Ridges
76 PANORAMA CREST AV
$1,199,990
$1,165,000
$279
20
8/31/2015
4179
4
5
The Ridges
3010 AMERICAN RIVER LN
$1,449,900
$1,310,000
$280
129
8/20/2015
4997
4
6
Willow Creek
Information deemed reliable, but not guaranteed. Data is comprised of $1M+ resale homes between 07/01/15-09/30/15.
HIGH RISE STATS Market Statistics
Year To Date Stats
3rd Qtr
93 16 10 5
Active Pending
Sold Expired
Sold Units:
51
SP / SqFt. - Average:
$652.90
Sale Price - Average:
$1,985,953
SP / SqFt - High:
$1,234.10
Sale Price - High:
$7,700,000
List Price - Average:
$2,758,719
Average Days on Market:
130
List Price - High:
$29,000,000
Data is comprised of $1M+ resale units between 07/01/15-09/30/15.
SINGLE FAMILY STATS Market Statistics
Year To Date Stats
3rd Qtr
387 77 64 50
Active Pending
Sold Expired
Sold Homes:
205
SP / SqFt. - Average:
$290.70
Sale Price - Average:
$1,712,978
SP / SqFt - High:
$890.50
Sale Price - High:
$11,000,000
List Price - Average:
$2,691,411
Average Days on Market:
126
List Price - High:
$28,000,000
Data is comprised of $1M+ resale homes between 07/01/15-09/30/15.
WHO IS SPENDING THE MOST?
TOP 3 FOREIGN BUYERS OF U.S. REAL ESTATE This year, for the first time since the National Association
China
estate, buyers from China have surpassed buyers from Canada, Europe, Mexico and the Middle East as the top overseas purchasers of homes in the United States.
9% Mexico
Average Sales Price
of Realtors (NAR) has tracked foreign buyers of U.S. real
$831,800
International $499,600 U.S. $255,600
14% Canada 16% China
Moreover, international buyers spent, on average, $499,600
61%
on their home purchases compared to the overall U.S.
All Other
average home price of $255,600. Buyers from China spent the most, with an average price of $831,800 on their U.S. home purchases.
Data provided by RealtyTrac.
SOPHISTICATION SECLUSION ELEGANCE 2275 Feathertreee Ave - Green Valley Ranch Estates
The Vegas White House! Columned facade with drive-thru, subterranean 10 car garage. Marble flooring, 3-level elevator, European furniture, silk draperies and Austrian crystal chandeliers. Ideal for formal hosting. Sprawling private master suite with sitting room. Sparkling blue pool with columned backdrop in private yard.
8,753 SQFT | 3 BD | 6 BA | 10-Car Garage | Gym $1,350,000 $4,995,000
TIMELESS MODERN ESTATE 2211 S Tioga Way - Section 3
Timeless modern estate in exclusive 4-home gated community. Open spacious floor plan with an array of distributed windows and ample natural
lighting.
Features
include:
circular
driveway with porte-cochere, huge pool/spa, expansive hobby room, den, en-suite bedrooms with large built-in closets, 25’ ceiling height, 3-car garage, separate upstairs master bedroom with retreat and balcony, marble flooring, new carpet and paint.
6,306 SQFT | 5 BD | 5.5 BA | 1/2 Acre $995,000
$4,995,000
CLASSIC DAVINCI MODEL 3863 Glasgow Green Drive - Southern Highlands Country Club
Brand new Davinci model! Completely rebuilt from the studs! The most impressive upgrades and features include: crown molding, 8� baseboards, plantation shutters, intercom system throughout, 300 bottle wine room, indirect lighting, surround sound, 3 fireplaces, dacor appliances, upgraded kitchen cabinets with pull-outs and oil bronzed hardware, full service wet bar, granite counters, built-in closets and more!
5,114 SQFT | 5 BD | 5 BA | 3-Car Garage $1,175,000
EI
™
Global Exposure | Local Presence
WE PROVIDE A PEACE OF MIND Property Management Services
ELITE SERVICES AVAILABLE 1. LEASING & MARKETING • Full Marketing Campaign • Credit Check • Background Check 2. ADMINISTRATIVE PAYMENTS • Utilities, Insurance & HOA • Mortgage & Real Estate Taxes • Maintenance Fees 3. COORDINATE SERVICES • Maintenance & Repairs • Insurance Claims • Home Warranty Claims 4. PROPERTY INSPECTIONS • Routine Inspections • Move-In & Move-Out Inspections 5. SUBMIT PERIODIC REPORTS • Monthly or Quarterly Statements • Annual Report of Income/Expenses
CALL FOR MORE INFORMATION. 702.354.2023
CONTACT KAMRAN ZAND TO LIST AND SELL YOUR HOME
TO MEET OUR CLIENTS NEEDS, WE TAKE PRIDE IN BEING A MULTILINGUAL BROKERAGE
Every Luxury Estates International (LEI) listing is powered by an expert team of sales, marketers, designers, public relation consultants and financial professionals to achieve the best results for the most distinctive properties in the Las Vegas Valley. Now offering Property Management Services!
Kamran Zand Broker/Founder
Hablamos Español Nous parlons Français
702 354 2023 | Kamran@LuxuryEstates.com
LuxuryHomesLasVegas.com
AS FEATURED ON:
2015 Luxury Estates International LLC. Information is deemed reliable, but not guaranteed. The Luxury Estates International logos are registered (or unregistered) service marks owned by Luxury Estates International LLC LEI ©in the United States. Each office is independently owned and operated. If your home is listed with a real estate broker, this is not a solicitation for your business, please disregard.