Las Vegas Real Estate News

LAS VEGAS, NV – Inheriting a home in Las Vegas can be a blessing and/or a burden. Whether it came from a parent, relative, or close friend, you’re now faced with some big decisions, especially if you’re not sure what to do next. Should you sell it? Rent it? Keep it for future use? This guide will walk you through your best options, along with some practical advice and local insights.

Step 1: Take a Breath—and Assess the Situation

Before making any decisions, take a moment to evaluate your personal and financial situation. Ask yourself:

• Do I want to keep the property long term?
• Can I afford to maintain it (mortgage, insurance, taxes)?
• Is it in good condition or in need of repairs?
• Do I live in Vegas – or far away?

These answers will help you determine whether you’re better off keeping, renting, or selling the home.

Step 2: Understand the Legal & Tax Implications

In Nevada, inherited property is transferred through probate or via a trust if the estate was set up accordingly. You’ll want to:

• Ensure ownership is legally transferred into your name
• Review the mortgage status – some loans may be assumable, others may need to be refinanced or paid off
• Consider property taxes – Nevada has relatively low property taxes, but inherited properties are reassessed
• Consult a CPA to understand capital gains, step-up in basis, and income tax implications if you rent or sell

Step 3: Decide Between Selling, Renting, or Holding

Sell the Property
Selling might be the right choice if:

• You don’t want to be a landlord
• The property needs too much work
• You need the funds immediately
• The local market is strong (which Las Vegas often is)

Tip: Get a real estate agent familiar with estate sales or probate listings.

Rent the Property
Renting is ideal if:

• You want to generate monthly income
• You believe the home will appreciate over time
• You’re not ready to sell but don’t want it sitting vacant

Becoming a landlord in Las Vegas involves tenant screening, leases, maintenance, legal compliance, and more. If this feels overwhelming, a property management company such as Shelter Realty Property Management can handle all of it for you – especially if you live out of town.

Hold the Property for Future Use
Some owners choose to hold the home for personal use, retirement, or to pass on to another family member. Just be aware of carrying costs and maintenance over time.

Step 4: Know the Rental Value (If You Keep It)

If you’re considering renting out your inherited property, you’ll want to know how much it could earn. Factors include:

• Location (e.g., Summerlin, Henderson, Green Valley)
• Size and condition
• Amenities (garage, pool, yard)
• School district
• Local rental demand

We offer a free rental analysis to help you understand the income potential of your home.

Step 5: Prepare the Property

Before renting or selling, make sure the home is in good shape:

• Clear out any belongings
• Handle basic repairs
• Clean and stage the space
• Consider repainting or minor upgrades

If you rent, this makes the property more appealing to quality tenants. If you sell, it can boost your market value.

Local Insight: Why Renting in Las Vegas Makes Sense

Las Vegas has strong population growth, steady rental demand, and a vibrant real estate market. Many accidental landlords (including those with inherited homes) find that renting provides:

• Stable monthly income
• Property appreciation over time
• Tax advantages (depreciation, deductions for repairs, etc.)

If you’re unsure about becoming a landlord, partnering with a Las Vegas-based property management company can make the process painless – from tenant screening to 24/7 maintenance and legal compliance.

Final Thoughts: Get Expert Guidance

An inherited home is a major asset. Whether you’re emotionally attached or purely practical, you have options. The key is to make an informed decision that fits your goals — and your lifestyle.

Need Help with an Inherited Property?

We help people across Las Vegas turn inherited homes into income-generating properties or handle the sale from start to finish. Whether you want to rent, sell, or just need advice, we’re here to guide you every step of the way.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – Las Vegas currently has a record-breaking number of luxury homes listed on the market – defined as properties priced at $1 million or higher – while sellers are scrambling to cut deals by lowering prices amid the competition.

Luxury listings in Vegas have increased a whopping 42 percent year-over-year, which is over 50 percent higher than the national average increase of 20.3 percent, as per July 2025 housing data recently released by Realtor.com.

While the total number of new properties on the market in Vegas increased 5 percent in July over the same period of time one year prior, builders and sellers alike are slowing down their momentum as the overall national real estate market experiences a slowdown due to high prices and expensive borrowing costs.

However, while $1 million might get you a small two-bedroom condominium in major metros such as New York City of Los Angeles, that amount gets you a great deal more bang for your buck in Las Vegas; we’re talking large homes coming in at 5,000 square-feet of living space, packed with numerous perks and amenities.

As a result, Las Vegas luxury real estate has been a proven draw for the affluent in society, especially considering the fact that Nevada has no state income tax. But as the luxury market continues to slow down amid national economic uncertainty, there is more and more competition amongst sellers, and that is translating into price cuts.

Prices for luxury homes in the $1.2 million-plus range in Southern Nevada have decreased 12.17 percent year-over-year, contrasted by the 1.14 percent national average; homes costing $2 million-plus – the range experiencing the steepest cuts – are down 18.3 percent, compared to 6.15 nationally. And as for the homes in the $6-million-plus range, those cuts are coming in at 15.21 percent versus 6.78 percent nationally.

But lowering prices is only part of the equation – now sellers are also waiting longer to make a deal. Luxury listings in Vegas are languishing on the market for a median rate of 64 days, a 5-day year-over-year increase.

Clearly, in today’s tough economic and socio-political climate, buyers – even affluent ones – are waiting longer, shopping longer, and negotiating with more gusto, and sellers are being forced, for the time being, at least, to adjust to make a deal.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – Owning a luxury home in Las Vegas can be a rewarding experience, but it also brings a unique set of challenges. Whether you are renting out your property or simply need professional management, finding the right property management company is essential to ensure your investment is protected and your property is well-maintained.

Las Vegas, being a hub for high-end real estate, requires property management professionals who have expertise in handling luxury properties. Not every property management company is equipped to manage the specific needs of luxury homes. If you’re a homeowner with a luxury property, here’s what you should look for in a property management company to ensure the best service for your home.

1. Experience with Luxury Properties

One of the most important things to look for in a property management company is experience in handling luxury homes. Luxury properties are different from standard rental homes, requiring specific knowledge and expertise. Features such as home automation, pools, spas, premium appliances, and expansive landscaping all need to be managed correctly to preserve the property’s value and ensure tenant satisfaction.

A good property manager should have a proven track record of managing luxury homes in Las Vegas, with a deep understanding of the upscale market. Shelter Realty, for example, has extensive experience in managing high-end properties and understands the intricacies involved in maintaining luxury homes.

2. Marketing Expertise and Tenant Screening

Luxury homes require specialized marketing strategies to attract the right tenants. A property management company should be well-versed in showcasing your property to the right audience, including professional photography, 3D tours, and listings on premium real estate platforms. They should also be able to effectively market your luxury property to high-net-worth individuals who are looking for an exceptional living experience.

Shelter Realty excels in marketing luxury homes to attract qualified tenants. Moreover, tenant screening is crucial in luxury properties. A good property management company should conduct in-depth background checks, including credit, rental history, and income verification to ensure you get the best tenants for your property.

3. Comprehensive Maintenance and Repair Services

Maintaining a luxury property requires more than just regular upkeep. It involves maintaining high-end fixtures, appliances, and landscaping. From pool maintenance to ensuring HVAC systems are functioning optimally, the property management company should have a reliable team of contractors and service providers who can handle repairs promptly and professionally.

Shelter Realty offers full-service maintenance and repair solutions, ensuring that your luxury property is always in pristine condition. This includes regular inspections, timely repairs, and an efficient response to maintenance requests. Their comprehensive service is one of the reasons they are considered a leader in Las Vegas property management.

4. Transparency and Clear Communication

Communication is key when working with any property management company, especially when dealing with luxury homes. You want a company that keeps you informed at every stage of the process. Whether it’s providing financial reports, updating you on tenant issues, or handling maintenance requests, transparency is critical.

Shelter Realty is committed to keeping homeowners updated with detailed reports and timely communication. This ensures that you are always in the loop regarding the status of your property.

5. Rent Collection and Financial Management

A professional property management company should have robust systems in place for collecting rent, tracking payments, and handling late payments. Luxury homes often come with higher rent, so ensuring timely payments is essential. Moreover, the company should provide you with regular financial reports that allow you to track income and expenses.

Shelter Realty offers clear and transparent financial management services. They provide detailed financial statements, including rent collection, maintenance expenses, and other important financial matters. This level of transparency ensures that you are always aware of the financial health of your investment.

6. Knowledge of Local Laws and Regulations

The laws governing rental properties in Las Vegas can be complex, especially for luxury homes. A professional property management company should be familiar with local landlord-tenant laws, zoning regulations, and other legal requirements to avoid costly legal issues.

Shelter Realty is well-versed in the legalities surrounding property management in Las Vegas. Their team ensures that all aspects of your luxury property, including tenant agreements and maintenance, comply with Nevada’s real estate laws.

7. Customized Services for Luxury Homes

Luxury homes often come with specific needs, such as concierge services, pool maintenance, or high-end landscaping. A good property management company should be able to offer customized services based on the unique requirements of your property.

Shelter Realty understands that every luxury home is unique, and they tailor their services to meet the specific needs of each property. Whether it’s offering special amenities or handling high-end tenant requests, Shelter Realty is committed to providing a customized management experience.

8. Reputation and Reviews

Before hiring a property management company, it’s important to check their reputation. Look for online reviews, ask for client testimonials, and gauge their level of professionalism. A company with a strong reputation in Las Vegas is more likely to provide excellent service and handle your property with care.

Shelter Realty has built a reputation for excellence in managing luxury properties. Their track record of happy clients and well-maintained homes speaks volumes about their commitment to quality property management.

Why Choose Shelter Realty for Your Luxury Property Management?

Managing a luxury home in Las Vegas requires experience, expertise, and a commitment to service. At Shelter Realty, we specialize in managing high-end properties and offer a full suite of property management services. From marketing and tenant screening to maintenance and financial management, we ensure that your luxury home is in good hands.

If you’re looking for a trusted and experienced Las Vegas property management company to manage your luxury home, Shelter Realty is here to help. Contact us today to learn more about how we can assist you with all your property management needs.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – An elderly Las Vegas Valley homeowner successfully sued Clark County over the denial of her license to operate a short-term rental, with a judge agreeing with her lawyers that her constitutional rights were violated by the municipality.

Clark County’s short-term rental license approval process has been mired in red tape, with applicants left frustrated over the slow process of reviewing and approving property owners; a mere handful of licenses granted to date, amid a backlog numbering in the hundreds.

The situation has gotten so bad, in fact, that a group of property owners are currently in the process of suing Clark County, claiming that the excessive red tape involved in the sluggish approval process is taking money out of their pockets each and every day.

However, in a separate lawsuit, a District Court judge ruled earlier this month in favor of Leslie Doyle, 84 – along with a second, unnamed homeowner – who had wanted to utilize her residence as a short-term rental in order to make extra money and help cover her medical expenses.

But Clark County denied the retiree’s application, based partly on the fact that the two properties in question utilize septic systems, as opposed to sewer connections; Doyle appealed the decision, but the county shut her down a second time upon review, according to her attorneys, prompting a lawsuit.

Clark County has arbitrarily denied Petitioners’ applications to use their homes as licensed short-term rentals simply because their homes use ‘lawful’ alternative wastewater systems,” the lawsuit read. “This case is about Clark County’s violation of Petitioners’ constitutional rights under the ‘Equal Protection Clause.’”

District Judge Crystal Eller agreed, and on August 6 she ruled in Doyle’s favor, saying in her decision that the county gave no valid reason to exclude homes with septic tanks from the short-term rental process.

This county had an opportunity to submit whatever it wanted to with regard to if there was a rational basis for the differential treatment,” she said.

“A petition for judicial review is an improper vehicle for raising an Equal Protection challenge,” documents submitted by county attorneys said in response to the ruling, also claiming that Doyle did not have the required general liability insurance.

Greater Las Vegas Short-Term Rental Association (GLVSTRA) president Jackie Flores has previously taken the county to task for what she described as “overly restrictive” short-term rental requirements.

The different requirements and restrictions that they have put in place are designed to prevent people from getting licensed, and many of those restrictions are just violating property rights and constitutional protections for property owners,” she said.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – According to a new report released by real estate brokerage services company Redfin, the Las Vegas Valley is currently the fastest-cooling housing market in the United States.

In June 2025, the amount of home sales in the valley decreased 10.2 percent when compared to the same month one year prior; in contrast, the amount of housing inventory on the market in Southern Nevada has increased 44.8 percent year-over-year, the largest jump out of any of the country’s largest major metropolitan areas.

The Redfin report said that the prices of homes in the region have remained approximatively the same compared to one year ago, but when homes do sell, they do so at an average price drop of four percent. In addition, the average amount of time that a house is currently sitting on the Las Vegas market before selling is 51 days, an increase of 15 days year-over-year and well above the national average of 40 days.

In a separate report, Redfin also noted that the valley has experienced a 12.2 percent decrease in its number of pending home sales, which places the region third in the country in terms of that metric.

Las Vegas Redfin Realtor Cherra Bergman said that there are several economic factors at play that are contributing to the current real estate situation in the Las Vegas Valley.

Buyers have more inventory to choose from than they’ve had in years, so they feel like they can take their time. Even when they find a home they really like, they often wait to find something better,” she said. “House hunters are cost-conscious because mortgage rates are high, so many are opting for new-construction homes since builders here are offering great incentives like mortgage-rate buydowns and money toward closing costs in order to offload inventory.”

After Las Vegas, the fastest-cooling residential real estate markets in the country are currently Sacramento, Denver, Fort Lauderdale, Orlando, San Diego and Miami.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – As per a newly-released report, the rent in the Las Vegas Valley is actually lower than other major metropolitan areas throughout the country with similar population sizes.

According to Zumper, as of the beginning of June 2025, the median price for a one-bedroom rental unit in Clark County was $1,250 per month, making it the most affordable area out of the five U.S. metros that are comparable in size and number of residents.

Meanwhile, the most expensive metro of that group is Denver County, Colorado, where the median rent is $1,512 per month, followed by Sacramento County, California with $1,500 per month, Travis County in Austin, Texas at $1,476, and Multnomah County in Portland, Oregon at $1,425.

In contrast, the next cheapest major metro after Las Vegas in terms of one-bedroom rent is Salt Lake County, Utah, at $1,230 per month.

When it comes to two-bedroom rentals, the current going rate in Vegas as of the start of June was $1,500, which is the same amount it was during the same period of time one year prior but a 3.2 percent decrease when compared to May 2025.

Zumper’s report shows a serious shift in overall patterns when it comes to rental prices nationwide, where numbers are either dropping or at the very least remaining flat in the majority of the major metro areas that they examined. One of the main reasons for this is likely due to the large number of apartment units coming into the market over the course of 2025, leading to a surge in inventory, according to Zumper CEO Anthemos Georgiades.

Even with ongoing economic uncertainty, the U.S. rental market continues to demonstrate striking resilience,” he said in a statement. “While the national rent rates are slightly down from last year, that softness is misleading. In the context of a historic wave of new supply, the limited decline in rents is a strong indicator of how powerful renter demand remains.”

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – According to a newly-released report, a growing percentage of homeowners in Las Vegas are falling behind on their mortgage payments when compared to just one year prior.

As per the University of Nevada, Las Vegas’ (UNLV) Lied Center for Real Estate, in Clark County in the first six months of 2025, approximately 1,290 notices of default on home mortgages were filed, which represents a 28 percent increase year-over-year.

Of those notices of default filed in the first half of this year, the vast majority of them – 1,035, to be exact – were on single-family homes, whereas there were 133 filed for townhomes and 83 for condominiums.

In June, the most recent month covered by the report, almost 200 notices of default were filed, a jump of 32 percent from the same period of time in 2024, the Lied Center for Real Estate said.

Typically, property owners who fall behind on their mortgage payments will file a notice of default, which is normally the beginning of the process of foreclosure; however, this doesn’t always represent the filing party losing their home, as it is still possible for them to come to an arrangement with their lender, or find alternate means of getting up to date with their outstanding debt.

However, despite the large increases in the number of defaults in Southern Nevada over the course of the last year, the Lied Center’s research director, Nicholas Irwin, said that number is still low when compared to much of the rest of the nation.

Nonetheless, he noted that the upward trend of defaults is nonetheless a cause for concern, given that the unemployment rate in Las Vegas is currently higher than the national average; this could translate to the local economy facing “turbulent times ahead,” Irwin said.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – Despite the fact that inventory levels continue to grow and sales are at lower levels when compared to the same period of time one year prior, home prices in Las Vegas remained at their all-time record high in July 2025, according to a new report released by Las Vegas Realtors (LVR).

As per LVR, in July the median sale price for an existing single-family house in Southern Nevada was $485,000, which represents a 1 percent jump year-over-year, as per data pulled from the Multiple Listing Service; this ties the record high established during the first three months of 2025 and once again in June.

Starting in January, home prices in Las Vegas reached and maintained their all-time record high of $485,000 for three months in a row; April finally saw that number dip to $480,000, and that dollar amount remained firmly in-place for May as well, before surging back to the record-high level of $485,000 in June, and now holding firm at that amount in July.

Meanwhile, July saw prices for condominiums and townhomes decrease to $290,000 from June – when that amount was $305,000 – which represents a decrease of two percent year-over-year. The last all-time record high price for condos and townhomes in Vegas was established in October 2024, when that amount reached $315,000.

Meanwhile, the number of homes available on the market in Vegas has gone up; the number of single-family homes for sale in July rose 54 percent year-over-year, along with the inventory of condominiums and townhomes, which jumped 77 percent. There were 7,147 single-family homes listed for sale without offers at the end of July, in addition to 2,622 condos and townhomes.

The biggest headline coming out of our housing market this year has been our increasing inventory,” said LVR President George Kypreos. “More homes to choose from is good news for buyers. It’s also a sign that the market has been cooling down lately.”

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – A short-term rental that has been operating in the east Las Vegas Valley has been amassing a growing pile of fines amid a plethora of code violations and multiple complaints by its surrounding community.

The property in question has drawn the ire of the neighborhood’s residents and Clark County code enforcement officials due to a series of large gatherings and loud, boisterous parties that have continued far into the early morning hours. The rental has been licensed to operate since September 2024, and since then it has been visited by code enforcement officers 21 times and been slapped with a total of $22,000 in fines.

The property continues to operate unabated despite the large fines levied against it due to the legal murkiness of its ownership, which is via a trust; this makes tracking down the actual entity behind it very difficult, and currently allows them to blatantly skirt the law in may instances.

For example, Clark County regulations mandate that no more than 10 guests can stay at any given short-term rental at a time. However, the owners of the east Las Vegas Valley rental in question openly advertises it as able to accommodate up to 16 guests, exceeding the limit by over 50 percent; in some cases, neighbors report even larger numbers in attendance.

Salem Ayoob, a resident in the neighborhood where the offending rental is located, recently appeared before the Clark County Commission to present documentation of the issues that the community has been forced to deal with on a regular basis, including large gatherings, parties, and heaps of trash.

Ayoob also criticized the County Commission for what he said was their lack of effort in enforcing the fines against the property, as well as their failure to follow through on regular inspections.

When we have different people coming, it’s a crap shoot. One weekend, it could be a dance team from California, but they’re still over the limit because that was 16 to 18 people. What we had for Electric Daisy Carnival was atrocious,” he said. “If the citations outweigh the money that’s coming in, then obviously anybody would cease and stop. Lack of enforcement and lack of frequency on citations and amount of citations has led the owner of the property to basically flaunt their nose and just keep going full steam ahead.”

Shelter Realty Property Management specializes 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.

LAS VEGAS — The latest rental market figures are in, and local property owners may be in for a surprise. Zillow reports the average rent for all bedrooms and all property types across Las Vegas sits at $1,995 per month, a decrease of $105 year-over-year, as of August 5, 2025. Meanwhile, Zumper places the median rent – across all unit types – at $1,895 per month, representing a 2% annual increase.

Breaking It Down: House vs. Apartment Costs

For homeowners considering renting out a single-family residence, Zillow reports the average rent for a house in the Las Vegas Valley is significantly higher – $2,172 per month – compared to the average apartment rate of $1,525. Local rental newsletters add that single-family homes currently rent for about $2,200/month, while apartments are averaging closer to $1,400/month.

Adding even more granularity, Rentometer offers insights by bedroom count:

• 2‑bedroom houses average $1,778
• 3‑bedroom houses average $2,268
• 4‑bedroom houses reach $2,764

What This Means for Homeowners

(*Based on Data Provided)

Insights & Action Steps

• Leverage the Single-Family Advantage: If a homeowner is listing a standalone property, positioning it as such – with targeted marketing and justified pricing – can yield premium rent.
• Match Rent to Size: Tailor rental expectations based on bedroom count and amenities rather than just averages. A 3-bed listing deserves a higher benchmark.

While national headlines often paint the housing market in broad strokes, Las Vegas remains a unique rental landscape driven by tourism, steady population growth, and seasonal fluctuations. For property owners, the key takeaway is that market averages are only a starting point – your home’s actual rental value depends on its neighborhood, condition, amenities, and timing. Having a local property management expert conduct a free rental analysis can provide an accurate, data-driven estimate, helping you set a price that attracts quality tenants while maximizing your monthly income.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – Artificial Intelligence (AI) is in the middle of a huge boom right now, with the controversial technology expanding its abilities by leaps and bounds on a seemingly daily basis, leading to very real concerns that it could take jobs away from hardworking human beings.

Real estate is one field that has its workers sweating about the perils that AI presents to their livelihoods; already, the tech is being used to automate some of the more mundane tasks realtors have to contend with.

AI is being used generate and automate listings, anticipate buyer and seller preferences, and – with the vast amounts of data that algorithms can analyze – offer personalized property suggestions for target demographics, based specific individual preferences. Plus, the tech enables AI-driven chatbots to offer 24/7 availability to engage with buyers at all hours of the day or night, providing help and engagement in order to help retain interest.

But as for the idea that real estate agents themselves could eventually be replaced, a new Microsoft study says that isn’t likely to ever happen. This is because while AI could potentially tackle aspects of customer service and sales, it could never handle the uniquely-human, “emotional” side of property transactions, as many buyers and sellers are looking for a “trusted advisor” to guide them through the process.

The study analyzed 200,000 conversations that users of Copilot – Microsoft’s generative AI-driven chatbot, included in the company’s Windows operating systems and Bing internet browser – to see where the tech’s abilities stood out, and where they came up short.

Careers that involved gathering and explaining information – such as journalism, translation, customer service, telemarketing, travel agents, and sales – appeared to show the highest risk of AI takeover.

However, careers that require a human to be physically present – such as nursing, painting, embalming, machine operation and repair – showed the least risk.

But while the real estate industry wasn’t specially singled out as being either safe or endangered from the effects of AI, the study noted that the tech scored poorly in terms of emotional nuance and earning trust, aspects that are vital for realtors who are helping their clients through what is likely the most expensive and stressful decision of their lives.

As mentioned above, AI is proving to be an effective tool to assist real estate agents in their duties, but “when the AI tries to directly provide support or advice, people are less satisfied,” the report found, solidifying the fact that – despite the latest tech advancement in the field – realtors will always be needed when it comes to the selling and buying of properties.

Shelter Realty Property Management specializes 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.

LAS VEGAS, NV – The historic home of a late and extremely notable Las Vegas resident has just gone on the market for $2.5 million, with the property boasting more than a few unusual touches that should only serve to magnify its appeal to buyers.

Lonnie Hammargren, who passed away in 2023, was a former university regent, politician and neurosurgeon who served as the 31st lieutenant governor of Nevada from 1995 to 1999. He became especially known later in life for his home at 4318 Ridgecrest Drive that was filled with a vast array of unique artifacts and memorabilia that he would allow the public in to view every Nevada Day, which commemorates the state’s October 31, 1864 admission to the Union.

In fact, Hammargren’s collection grew to such massive size that he eventually purchased two neighboring houses, which he essentially utilized as extended showrooms for it.

His collection included many eclectic artifacts, including Liberace’s staircase from the Riviera show, a number of old casino signs, a dragon from the Imperial Palace Hotel, an old mermaid tank from the MGM Grand, and even an Apollo space capsule.

4318 Ridgecrest Drive, Las Vegas – $2,500,000.00

The main house that’s up for sale is 7,268 square feet in size, with four bedrooms, five baths, a six-car garage, a family room and dining room, kitchen and a caterer’s kitchen, marble floors, a planetarium, and a pool.

It was purchased by its current owners in 2017 at an auction after the residence went into foreclosure; at the time, it had fallen into a dilapidated state, but the current owners renovated the property while ensuring Hammargren’s collection remained completely unaltered.

As for the other two neighboring homes, they are currently owned by his widow Sandy and the Astronomical Society of Southern Nevada, of which Hammargren was a member.

Shelter Realty Property Management specializes 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.