Top Luxury High-Rise Sales in Las Vegas for 2024
Top Luxury High-Rise Sales in Las Vegas for 2024
Las Vegas’ luxury high-rise market has continued its upward trajectory in 2024, with the Waldorf Astoria in CityCenter dominating the top sales. Eight of the top 10 sales occurred at this iconic property, including a remarkable $9.5 million penthouse on the 43rd floor. The residence boasts three bedrooms, four baths, and high-end finishes such as Scavolini cabinets, Miele appliances, and a BainUltra Jacuzzi. Broker Frank Napoli from Berkshire Hathaway Homeservices, who represented several of these top transactions, highlights the increasing demand for luxury living in the city.
Waldorf Astoria: The Pinnacle of Luxury
The Waldorf Astoria remains the crown jewel in the Las Vegas luxury market. The $9.5 million penthouse features 3,922 square feet of opulent living space, including a spacious office, great room, and lounge. Its gourmet kitchen is a showpiece, with a stunning backsplash by artist Alex Turco and cutting-edge appliances like Miele and Gaggenau. The master suite, complete with a fireplace and walk-out balcony, exemplifies the sophisticated design of the entire unit.
Napoli’s Market Insights
Frank Napoli, a key player in these record-breaking transactions, notes that while lower-end high-rise sales have softened, the demand for luxury properties remains strong. “With fewer units available, prices are climbing fast,” says Napoli. He attributes the sustained demand to the perks that come with high-rise living—low maintenance, luxury amenities, and a desirable location. The tight market indicates that these premium properties will continue to rise in value.
A Thriving Luxury Real Estate Scene
Beyond the Waldorf Astoria, other luxury buildings, like The Martin and One Queensridge Place, also made the top sales list. These properties offer expansive living spaces, custom finishes, and sweeping views of the Strip, attracting wealthy buyers who seek both comfort and exclusivity.
As Las Vegas’ luxury market evolves, Napoli believes that the popularity of high-rise living will only increase. “With the city continuing to grow, these properties offer a fresh alternative to single-family homes,” he says, predicting that the demand for these exceptional residences will remain strong.
Whether as a primary residence or a second home, luxury high-rise living in Las Vegas is becoming an even more coveted choice in 2024, making these top sales a sign of what’s to come in the city’s high-end real estate market.
For more details on these top luxury sales, check out the original article here: https://businesspress.vegas/real-estate/top-luxury-high-rise-sales-for-2024-48602/?sfmc_id=346800428&g2i_source=newsletter&g2i_campaign=Business%20Press%20Highlights&utm_source=Newsletter&utm_medium=BusinessPressHighlights&utm_campaign=Business%20Press%20Highlights&utm_term=Top%20luxury%20high-rise%20sales%20for%202024