Famous “SkyFire Estate”, Contemporary Mansion, Sells for Second-Highest Price in Las Vegas History, $16M
LAS VEGAS, NV – The former residence of developer Jim Rhodes, dubbed “The SkyFire Estate,” recently sold for the record price of $16 million, making it the second-highest sale price of a home in the history of Las Vegas.
Skyfire, a huge mansion clocking in a whopping 21,633 square feet, is located in the Spanish Hills community at 5212 Spanish Heights Drive on a two-acre plot of land.
The house features eight bedrooms – including a 3,010-square-foot master bathroom with a two-story walk-in closet – ten bathrooms, a 15-car garage, and a 110-gallon infinity pool. SkyFire also boasts impressive, 360-degree views of the Las Vegas Strip, city, and surrounding mountains.
SkyFire features unique design elements, being made up extensively of curved exterior surfaces with many floor-to-ceiling windows. The mansion was sold quickly- it was only on the market for a single week before being snapped up by a buyer, who is remaining anonymous.
With its large price tag putting it in the record books as the second-highest residential sale price in Vegas history, that begs the obvious question- what did the highest-price house go for, and who did it belong to? Well, the answer is famous magician David Copperfield’s home in the community of Summerlin, which sold for $17.55 million.
Despite selling for a steep $16 million, SkyFire could have potentially sold for even more. The house was originally listed for a whopping $30 million in January with a different real estate agency, and then subsequently de-listed in April, only to be re-listed at $25 million a week before it sold. However, owner Jim Rhodes, in a hurry to sell and move on, lowered the price by $9 million, prompting an almost immediate sale.
Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.
About the Author
Christopher Boyle is an investigative journalist for independent news and media organizations in the United States. Christopher helps keep a keen-eye on what's happening in the Las Vegas Nevada community on behalf of Shelter Realty Inc.