Sale of $ 25 million home sets Las Vegas record

A show home built by a luxury builder in Henderson’s hillside development, MacDonald Highlands, broke the all-time Las Vegas sales record for $ 25 million.

Luxury Realtors monitoring the market said the buyer was Anthony Hsieh, founder and chairman of LoanDepot, a California-based non-bank consumer mortgage lender nationwide. Clark County records were not immediately available to detail the transaction which closed on Friday afternoon.

Hsieh will not immediately take possession of the house, but instead will lease the property to Blue Heron for use as a show home, Blue Heron CEO and founder Tyler Jones said. He said he didn’t know how long it would last, but that it would be “a while”. The house was designed to be an experience center for Blue Heron’s Custom Homes division.

“It was always the intention to use this to demonstrate what we’re capable of and for ideas and inspiration for our clients,” Jones said.

Jones said Hsieh said he bought the house because he appreciated how “a work of art this house is.” He said Hsieh owns other special real estate in California and elsewhere, and this is the last piece in his collection.

The new three-story Blue Heron home broke the previous record of $ 17.55 million in 2016 when magician David Copperfield bought a home on what’s known as Billionaires Row in Summerlin.

Kristen Routh-Silberman, Global Real Estate Advisor for Synergy Sotheby’s International Realty, represented both the buyer and Blue Heron.

“I am grateful, grateful and humbled to have broken the record,” said Routh-Silberman. “I had a team of superstars to help make it happen, and all the stars had to line up to make it happen. While I’m so thrilled for both buyer and seller, I’m deeply thrilled for Las Vegas, the Town of Henderson and MacDonald Highlands It’s a big win for everyone.

It’s been a good month in Henderson. A 12,100 square foot estate in Ascaya sold for $ 14.69 million, the highest price ever paid for a single-family home in the city and the third highest ever paid in Las Vegas Valley history for a single-family home.

There have been custom homes built in the valley for their owners for more than $ 25 million, but none have changed hands, at least publicly on the Multiple Listing Service of the Las Vegas Realtors Association. .

The new sale breaks the record held by luxury real estate agent Ivan Sher with Berkshire Hathaway HomeServices who represented the buyer and seller in the Copperfield purchase. This record sale was not part of MLS.

“Kristen should be very proud of this,” Sher said. “It’s a great accomplishment. She won it and worked really hard. I had this moment and I know what it looks like, and it’s amazing.

Sher said Las Vegas went from a place where high-end luxury sales hovered between $ 10 million and $ 12 million, then hit $ 15 million before rising to $ 17 million. With this sale, there is a new benchmark that shows that luxury is evolving in the city.

“It’s a big time for real estate in Las Vegas,” Sher said. “Suddenly we’re now heading to some of these California coastal properties.”

Sher said he is speaking to clients with homes in Las Vegas worth $ 50 to $ 100 million who want to put them on the market at some point.

Sher said some of the new homes being built in the Summit Club in Summerlin, the new luxury resort community, will cost $ 70 million, $ 80 million, $ 100 million and $ 120 million, he said. declared.

“It’s super exciting and there is a lot more to come,” said Sher. “The sale is a beacon of the luxury direction in the city.”

Jones and his design team created the Vegas Modern 001 (VM001) in the exclusive Double Door Dragon Reserve of MacDonald Highlands, the 15,000 square foot show home embodies the evolution of 17 year old Blue Heron design in matter of designing innovative personalized houses.

“It’s 100% evolution,” Jones said. “The architecture of this house is an example of everything we do and an interpretation of the thought process behind how we approach all of our projects.

“Vegas Modern is not a style,” Jones said. “It’s a reflection, an approach and a philosophy totally independent of style. It is about designing and building environments that are faithful to our time and place. This is housing adapted to the social and human aspect of things, as well as to the climate and the environment.

Set on 1.26 acres, the modern three-level mansion features state-of-the-art, three en-suite bedrooms, including a master suite with outdoor experience and the Sky suite on the second level accessed by a bridge of glass. Each room offers views of the Las Vegas Strip, mountains and surrounding landscape.

Home amenities include an executive office casita, digital den, glass-fronted wine cellar, upper level sky bar and lounge, second level billiards room, formal dining room centered around a private garden, a powder room with a 35 foot ceiling, a craft room elevator with animal bath and feeding area and 5,000 square feet of outdoor deck space. The garage, which can be personalized for up to 11 vehicles, has televisions and a charging station for electric vehicles.

The entrance winds through a canyon-style walkway, while teasing a view of the entrance to the house. Along the way, a trickle of water begins at the start of the progression, turning into a predominant water feature at the entrance to the house. The water path separates the main level living room from a private main wing.

A stone path leads to the entrance of the house via the waterway and draws the attention outwards to a view of the strip perfectly framed by the walls of the house.

“This path to nowhere invites you to take a few more steps to experience space,” Jones said of the walkway over the water. “It’s about framing that view and getting your attention and interest throughout the project to one of the most important concepts, the view. “

The grand foyer features an illuminated three-story floating staircase against high 31-foot ceilings. The distinctive fireplace is what Jones calls one of the house’s incredible architectural moments.

Surrounded by water on three sides, the main level’s great room design combines a polished concrete floor, a central fireplace, comfortable custom furnishings, a 90-inch big-screen TV, and 25-foot ceilings with views to the sky. second level. Large retractable doors open the entire space to the outside.

“When it’s open, it’s really hard to tell what’s on the inside and what’s on the outside,” Jones said. “You get this great layered effect with plants, stone walls, and water pouring over the water element. “

From the Great Room, unobstructed views open to the expansive digital den and its 13½-foot LED screen to another waterway on the west side of the room. Custom textured stucco walls add to the visual appeal.

The kitchen is a chef’s paradise with linear islands, Wolf and Sub-Zero appliances, integrated touch screens, and a concealed catering kitchen with a hidden oversized pantry. Bordering the entire space is a custom bar and restaurant with a walnut top designed by Blue Heron’s Furnishings, a custom furniture design division of the company.

“Most of the furniture in this home is customized specifically for this project,” Jones said, noting the company’s desire to provide turnkey homes to its customers. “Literally bring your toothbrush and your clothes. You could throw a party on the day you move in because it’s a fully functional house.

Across from the entrance, the private main retreat features meta-tartzite stone walls, a drink bar and spacious walk-in closets. Sourced from the South Vegas Quarry, the meta-tartzite stone provides the house with an additional connection to the region.

“It was important for us to choose a material to design the aesthetic that suited the Mojave Desert and Vegas Modern philosophy,” Jones said.

Descending into the sleeping area reveals stunning views of the Strip through glass walls. The zero-edge water feature bordering a custom-designed bed contributes to the home’s seamless connection with nature.

“When you’re in bed, you literally look across the water for the city view,” Jones said. “At night it is incredibly beautiful.”

The spa-style master bathroom serves as a relaxing hideaway with a black tub, a waterfall-edge vanity with pull-out mirror, a walk-in shower, and stone accents. The layered design welcomes the exterior, creating a serene environment.

The Sky Suite on the second level, a second master, is accessed by a glass bridge. The suite’s custom-designed bed is lined with a wall of glass offering a view of the Strip.

Personal space includes custom furnishings, pull-out TV, hardwood floors, private patio, washer / dryer, and bathroom with oversized walk-in shower, tub and vanity with pull-out mirror.

The billiard room on the second floor of the house has built-in sofas, comfortable furniture and a drink bar. The space opens to an upper-level deck with a cantilever walkway extending out to the skyline of the Strip.

Rising three levels above the main level, VM001’s sky bar and lounge are designed as a space for social gatherings. Floor-to-ceiling windows reveal unobstructed views and access to an outdoor terrace.

The house is equipped with innovative cutting-edge energy technology. The property has one of the largest solar systems in Nevada. Two hundred solar panels are installed on the multiple roofs of the property. It also has a revolutionary energy management system. In partnership with Racepoint Energy, the system works in tandem with Savant home technology to optimize energy creation and storage through passive and active solar strategies. The result is the storage of excess energy in an expansive battery storage system.

VM001 is the first installment of several planned Blue Heron show homes. Jones said his company is working to find a location for Vegas Modern 002.

“I don’t think Vegas has ever been taken seriously in the design industry,” Jones said. “The architecture of this house is a serious conversation about high quality design and construction. I think Las Vegas deserves a lot of credit for what we do here.


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About Mary Moser

Mary Moser

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