Amid the economic strain across the United States, the luxury housing market in Southern Nevada appears to be unruffled, with an impressive single-story home in the Summerlin neighborhood of Las Vegas hitting the market for nearly $2.1 million and rapidly selling – a testament to the area’s resilient luxury property sector.
Nestled within the prestigious Onyx Point, a gated community perched at the Cliffs of Summerlin, the luxurious dwelling’s address is none other than 10020 Terrastone Drive. When it first entered the market, the asking price was a cool $2.075 million – a fair tag for a house boasting 3,490 square feet of well-designed living area, offering four spacious bedrooms, an equal number of upscale bathrooms, a functional office space, a sizeable three-car garage, and an enviable backyard.
Upon entering the property, residents and guests are greeted by a chic courtyard with a covered entry, setting the tone for the luxurious spectacle that unravels within the house. The open-concept layout, accentuated by the seamless integration of multi-slide doors, masterfully blurs the lines between the interior space and the outdoor oasis. The living room is elegantly adorned with an electric tile fireplace, a sublime point of interest certain to pique any visitor’s interest.
The chef’s kitchen, a true culinary haven, is equipped with a spectacular 12.5-foot quartz waterfall island, top-notch stainless steel appliances, including a double oven, an oversized refrigerator, and a soothing white tile backsplash. Simultaneously, the ultra-modern three-car garage showcases electric vehicle chargers, practical storage racks, and an array of cabinets.
The primary bathroom elevates the notion of luxury, boasting pristine marble floors, granite countertops, dual vanities, and a glorious ceiling-high marble tiled shower. For a touch of refinement, a comforting soaking tub is included.
The $2-million sale price is, indeed, a high watermark, reflecting the flourishing state of the Las Vegas luxury real estate market in stark contrast to the overall national housing picture, which has slowed in the face of daunting economic challenges. Contrary to this, the luxury market in Southern Nevada exhibits a distinct buoyancy and promising growth patterns. The transaction for this property, which occurred on December 12th, reflects the escalating demand for such high-end properties, further affirming the robust growth fueling the region’s luxury real estate market.
Whilst the cost of the house does not encompass the furniture, the option remains open for potential buyers to negotiate this addition for an extra stipulated fee.
Bearing all the aesthetic charm and structural grandeur, one can expect of a high-end Las Vegas dwelling, this Summerlin property represents more than just another sold house—it’s emblematic of a thriving market, an area of growth shining brightly amid nationwide economic uncertainties.
As of today, December 20, 2023, Zillow lists 4,625 luxury homes for sale in Las Vegas, with prices starting from around $800,000. Las Vegas boasts several renowned luxury neighborhoods like Summerlin, Henderson, Southern Highlands, and MacDonald Highlands. These areas feature gated communities, golf courses, and multi-million dollar mansions.
Homes exceeding 5,000 square feet with high-end finishes, gourmet kitchens, home theaters, and swimming pools are mostly considered luxury. Gated communities, private golf courses, spas, fitness centers, and concierge services are also common features in luxury homes.