Category Archive : Featured Listings

LAS VEGAS, NV – Luxury real estate has always been a hot market in Southern Nevada, with 2025 being one of the region’s biggest years ever. But with that being said, 2026 is already gearing up to possibly exceed last year in that regard, and if you’ve got exceedingly deep pockets and are looking for a new and opulent residence in Las Vegas, we’ve assembled a list of the five with the highest asking prices currently on the market.

According to trade association Las Vegas Realtors, the five most expensive luxury homes for sale in Las Vegas, from highest to lowest, are as follows:

$30 million: 11588 Stardust Drive

Currently the priciest property on the Las Vegas market, this estate is located in the affluent and guard-gated The Summit Club community and offers 11,126-square-feet of living space with six bedrooms, eight bathrooms, and a four-car garage on a 1.35-acre lot with views of both nearby mountain ranges and the Las Vegas Strip.

$28 million: 2928 Coast Line Court

Coming in second is this 12,720-square-foot home in The Lakes, which was extensively remodeled by its current owner Zoltan Bathory, the founder and guitarist of heavy metal band Five Finger Death Punch. Sitting upon over half an acre of land, the residence has five bedrooms, eight bathrooms, a four-car garage, a saltwater pool and a boat dock on Lake Sahara.

$27 million: 10911 Discovery Peak Court

Also located in The Summit Club, this high-end dwelling comes in at 11,974 square feet, with a primary suite, six bedrooms, nine baths, and a plethora of lush amenities, including a media room, a game room and a detached four-car garage; it also offers views of a nearby championship golf course whose luxury clubhouse can be accessed by residents.

$25.75 million: 4918 Summit Overlook Drive (Off Market)

Located in The Summit enclave of Summerlin, this 7,327 square-foot home is on a 0.52-acre lot and boasts four bedrooms, five baths, and a New York-style lounge with views of the Strip. Amenities run the gamut from a gourmet kitchen with breakfast bar, a waterfall island and a butler’s pantry to a large pool, multiple lounging and grass areas, and an outdoor kitchen.

$25 million: 1469 MacDonald Ranch Drive

And finally, rounding out the top five is this estate, currently still being built with an anticipated finish date later this year. Sitting upon over an acre of land, this 12,795 square-foot abode has seven bedrooms and 10 baths, and provides “resort-style” living with an elevator, two powder rooms, a double-island kitchen, two wet bars and multiple fireplaces. Extras include a pool and spa, outdoor fireplaces, a putting green, an outdoor kitchen with a barbecue, and much more.

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A huge, brand-new estate located in an exclusive, private community in the Las Vegas Valley has just hit the market with an impressive price tag of nearly $13 million.

Situated within Henderson’s guard-gated, mountainside community of Ascaya, the sprawling 9,788 square-foot residence in question at 19 Boulderback Drive was listed in November for $12.9 million and features five bedrooms and nine bathrooms.

Work on the newly-built estate was carried out by a partnership between Skyline Development and West Point Development; Skyline president and CEO, Sam Khalil, noted that an extensive amount of planning was put into the project in order to make living there akin to residing in not merely a home, but “a luxury resort in the sky.”

This is the project I am most proud of,” Khalil said. “What makes this home so special is the amount of thought and process that went into it.”

Listing agent Kristen Routh-Silberman of Douglas Elliman of Nevada echoed Khalil’s sentiments by praising the estate’s uniqueness, saying “I don’t think you could do that house again.”

19 Boulderback Drive, Henderson – $12,900,000.00

From start to finish, the designing phase of the residence took more than a year and the actual construction nearly three, according to Khalil, who said that he specifically designed it to take advantage of the majestic views afforded by the neighboring Las Vegas Strip and Red Rock Canyon by choosing “every line, every material, every lighting angle” to ensure maximum visual impact.

The home boasts many high-end amenities, including a Wolf kitchen, full butler prep kitchen, four indoor fireplaces, two wet bars, home automation, pocket doors multiple kinds of tubs, a 1,200-square-foot pool, two outdoor fireplaces, and a sunken swim-up outdoor barbecue.

Despite the home being designed as an ultra-luxury estate with “European flair” and “subtle sophistication,” Khalil was quick to point out that doesn’t come at the cost of it not being homey and comfortable at the same time.

It’s not so luxurious in a way where you don’t enjoy living in it,” he said. “It’s really built for living, entertaining and relaxing.”

Click here to view full listing details for 19 Boulderback Drive, Henderson

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – Las Vegas’ infamous “Underground House” has been listed on the market this week, with the seller asking a cool $8.5 million for the extraordinarily unique and eccentric subterranean residence.

Essentially a “doomsday bunker” located 26 feet underground – with a 2,300 square-foot, two-bedroom house located above-ground that serves as a gateway to entering the underground house – the property was originally built in 1978 by Avon cosmetics executive and subterranean living enthusiast Jerry Henderson and architect Jay Swayze. The one-of-a-kind dwelling originally cost $10 million to build, and is situated within a 15,000 square-foot steel-reinforced concrete bunker.

Despite its intended purpose being to survive a potential nuclear holocaust, the underground house – which boasts 5,000 square-feet of living space and retains its authentic 1970’s design aesthetic to this day – features numerous amenities, including a pool, terraces, a waterfall, a generator, and a 1,000-gallon water tank.

“One of America’s most extraordinary residences: The Underground House,” reads the Redfin listing, which refers to the property as the world’s largest “Atomitat,” a Cold War-era luxury bunker designed for self-sufficient living.

3970 SPENCER STREET, LAS VEGAS – $8,500,000.00

Featuring a total 5 bedrooms, 6 baths over 2 homes (one above ground and one below ground), an indoor pool, putting green, theater, dance floor, bar, saunas, and a programmable faux sky, it recreates the feeling of being above ground while offering total privacy and security,” the listing continues. “Hand-painted landscape murals, sculpted trees, and retro 1970s design details create an immersive, time-capsule setting unlike any other. This is a rare investment opportunity – ideal as a private residence, event venue, museum, luxury rental, or cultural landmark. A true piece of Las Vegas history and a chance to own a property that is equal parts residence, attraction, and legend.”

Previously, the property sold in 1990 for $1.3 million after Henderson passed away, and again in 2005 for $2 million. The Stasis Foundation – which reportedly advocates for cryogenics, or the practice of freezing humans for scientific purposes – purchased it in 2014 for $1,150,000. However, the property’s current owner is not publicly known.

Click here to view full listing details for 3970 Spencer Street, Las Vegas

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A lavish Las Vegas estate designed by noted Arizona-based architect Bill Tull that boasts extensive equestrian facilities is set to be listed on the market for the impressive sum of $17 million.

The huge whitewashed adobe-style residence was originally designed in the mid-1990s, and while Tull is known as the vision behind numerous ground-breaking homes in his native Arizona as well as California and Texas – where he is especially noted for having designed country music star George Strait’s estate – the residence in Las Vegas remains the only one of his design in Southern Nevada.

The property is situated a mere 15 minutes from the famed Las Vegas Strip; however, you wouldn’t know it by its calm and isolated feel, with the residence located on a large 9.8-acre plot of land adorned with numerous trees for a sense of privacy, according to current owner Bonnie Elkanich.

It’s super peaceful, you could never find anything like it in Vegas,” she said. “There’s a family of hawks and eagles that were raised on the property from the previous owner for the past 40 years. There’s also beautiful views of Sheep Mountain.”

The property has only had one previous owner, from whom Elkanich purchased it approximately five years ago for an undisclosed sum.

The house comes in at 8,611 square-feet of living space, spread out among six bedrooms; every single room in the residence has a fireplace, of which Elkanich says there are a total of 32. In addition to the main house, there are also two detached casitas, one with two bedrooms and bathrooms, and the other with one of each.

When she bought the property, Elkanich said that she completely renovated it, laying down new stone floors, replacing the plumbing and electrical systems, and knocking down five walls to open up the main living spaces. The basement also features chilled wine and whiskey rooms, making use of refrigeration systems that were originally used by the previous owner for a subterranean meat locker.

But the property’s main feature is that it was designed with horse-lovers in mind, and to that end it boasts a 16-stall stable, an Olympic-size covered arena, a round pen, a hot walker and pastures. In addition, horseback rising is allowed by both the county and state on the neighborhood’s streets, according to listing agent Ivan Sher of IS Luxury.

It’s really like an oasis in Las Vegas, and it’s also one of the very few adobe-style properties in the country with equestrian facilities,” Sher 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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV –  It has been announced that UnCommons – a huge mixed-used facility in southwestern Las Vegas – is currently on the market, with it’s estimated sale value at over half a billion dollars.

The UnCommons sale is being represented by investment sales broker Kevin Shannon with Newmark, with the property’s estimated value being set at a whopping $575 million.

Construction broke ground on UnCommons – located at Durango Drive and the 215 Beltway in the southwest valley – in 2020 and was completed in April 2025, with Matter Real Estate Group being the developer of the 40-acre campus.

UnCommons is essentially a mini-city within a city, consisting of 500,000 square feet of offices, as well as restaurants, health and fitness studios, relaxation options, and over 830 residential units, in addition to The Assembly, an experimental project consisting of a 5,000-square-foot conference and event pavilion that can host a variety of event types, including talks, community events, and weddings.

The apartment complex situated within UnCommons – which is dubbed Vestra – is made up of 830 units spread out amongst 3 towers; in addition, office tenants consist of notable companies such as Draft Kings, CBRE Group Inc, Deloitte and Newmark.

On the storefront side, food and beverage locations include Urth Caffe, Teaspoon, and Amari, and retail businesses are made up of varied businesses such as Blue Bottle, Salt & Straw, Urth Caffe, and Sunlife Organics.

The concept behind the $800 million project – which originally broke ground in 2020 – is that it is a space where the various employees working for the businesses located there have numerous solutions to all of their needs – living space, entertainment, exercise, and more – right there at their fingertips.

Matter Real Estate Group partner Jim Stuart said that the UnCommons project is already a rousing success, with 93 percent of the office space leased, along with 90 percent of the retail and restaurant space and 60 percent of Vestra.

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A swanky penthouse condominium situated within the clubhouse in Summerlin’s luxury guard-gated residential community The Summit Club has been listed on the market for a whopping $25 million, which – if it sells for that impressive price – would overshadow the previous record-holder of such a property by almost $9 million.

The current record-holder for the highest price ever paid for a condo in Southern Nevada is $16.25 million, which was originally set in 2021 at The Martin luxury high-rise tower, located in Paradise.

The Summit Club condo in question comes in at 4,929 square feet and boasts five bedrooms, five baths, and floor-to-ceiling windows – with a wrap-around balcony outside that wraps around three sides of the penthouse – offering breathtaking views of the surrounding area, including the Las Vegas Strip, a golf course, and mountains.

11660 Summit Club Drive 204, Las Vegas – $25,000,000.00

In addition to the views, the balcony also features a spa, a small pool, a hot tub, and an outdoor shower. Of course, as a resident the buyer would also have access to the resort amenities of The Summit Club itself, including a grocery store, a bar, lounge spaces, a pool, a fitness center, a spa, and a restaurant.

The listing agent, Ivan Sher of IS Luxury, said that the condo is at the very height of luxury and should appeal for those who are looking for – and who have the affluence to possess – the finer things in life.

The views are epic. This outdoor living space is what captures it for me. You have your pool and hot tub out here. It is really resort-style living. You can go down to your restaurant. There’s nothing like it. It’s the best of the best of the best,” he said. “It’s for a couple. It’s for somebody who wants their family to have access to the best, and they don’t want the upkeep of a home and yard.”

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A 10.5-acre custom estate in Las Vegas featuring a fascinating and lavish medieval-themed Las Vegas mansion has just been listed on the market for $10 million.

Located upon a gated hilltop in Henderson, the startlingly unique, castle-themed 14,756-square-foot luxury residence was originally built in 2006 by Vegas-based magician Lance Burton. He had a long-running and highly-successful magic act, performing over 15,000 shows at the Monte Carlo Hotel and Casino for over 5,000,000 people until retiring in 2010, at which time he moved to his farm in Kentucky.

Later, in 2021, he put the Henderson mansion on the market, eventually selling it for $4 million; now it’s back up for grabs, but this time with a $10 million price tag.

The estate boasts six bedrooms and seven baths, and medieval-styled touches such as battlements and a turret that overlooks the valley and the Las Vegas Strip; however, there is also a clash of styles, with modern floor-to-ceiling windows and asymmetrical rooflines.

1280 Scooter Street, Henderson – $10,000,000.00

The interior is elaborate and highly detailed, featuring a great room with a 30-foot barrel ceiling and intricate decorative items everywhere, such as busts, mounted suits of armor, hallways lined with historical portraits, red velvet draperies, gold leafing, rich paneling and lush carpets, and bronze and marble statues.

In contrast to the almost Victorian-style trappings, there are also a host of high-end, modern amenities as well, such as a chef’s kitchen with a Viking Professional grill and a wine fridge, movie theater, performing stage, two-story library – with a secret door leading to the second floor – gym, office, library, sitting room, and a grotto area with a waterfall and spa.

There’s a sense of drama in the house,” Burton said of the residence in 2021. “The house is very cinematic with a lot of natural light. The living room has an overhead bridge that goes across the room. You walk up a spiral staircase and the bridge takes you to the guest rooms.”

See full listing details for 280 Scooter St, Henderson

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – National Hockey League (NHL) star Jonathan Marchessault has listed his Summerlin mansion for sale for $5.2 million after leaving the Las Vegas Golden Knights – a team he has played with for the past seven seasons, during which time the team picked up a Stanley Cup win – for a new big-money deal to play for the Nashville Predators.

After signing up to play for the Predators in July, Marchessault, 33, listed his two-story, five-bedroom, 5,586-square-foot home for sale in August for $5,200,000 after having previously purchased the residence – located in Summerlin’s private, master-planned community of Canyon Fairways – in 2021 for $2,150,000.

The residence was originally constructed in 2003 and features a contemporary design and has undergone numerous remodeling projects. It is part of a homeowners’ association whose fees are $580 per month, and membership includes access to golf courses, basketball courts, parks, playgrounds, and 24-hour a day, seven-day a week security.

504 LOB WEDGE CT, LAS VEGAS, NV 89144

The lavish mansion boasts huge glass doors and windows; a kitchen with granite countertops, custom cabinets, a pantry, and an island; a primary suite with an entertainment center, reading nook, walk-in closets, and a private balcony overlooking the backyard; and a primary bath with a soaking tub and double-sized shower.

The backyard is large and features many amenities, such as a children’s play area including an in-ground trampoline, a sports court, a fenced pool and spa, and a covered patio with a kitchen, dining area and fireplace.

Marchessault, who originally hails from Cap-Rouge, Quebec, Canada, was selected by the Golden Knights in the 2017 NHL Expansion Draft, and was later voted the most valuable player when the Golden Knights won the Stanley Cup Finals in 2023, a season that saw him make a career-high of 42 goals. He left the team at the end of the season as a free agent and subsequently signed a five-year, $27.5 million contract with the Nashville Predators on July 1.

See full listing details for 504 Lob Wedge Ct, Las Vegas

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – Former Las Vegas Raiders quarterback Derek Carr has just put his lavish Southern Highlands mansion on the market for nearly $9 million, following his signing with another NFL team, the New Orleans Saints, last year.

Carr’s mansion, which was built in 2020 and boasts seven bedrooms and nine bathrooms, was listed this week for $8,990,000. The residence comes in at 9,628 square-feet and is located in a gated community that charges a $72 monthly homeowners association fee.

The home has a sleek, modern design aesthetic, with an open layout, tall ceilings, hardwood flooring, and oversized picture windows. The living room has a modern floating fireplace and a sculptural chandelier, and the kitchen has a seated center island, stainless steel appliances, marble countertops, and a pantry. There is also a stone-walled den and large office on the first floor as well.

52 Olympia Canyon Way, Las Vegas – $8,990,000.00

The mansion also has numerous high-end amenities, including a private balcony attached to the primary suite by a wall of sliding-glass windows, as well as walk-in closet, sitting area, and a spa-inspired bathroom with a soaking tub. There is also a guesthouse, a caretaker’s house, sports court, full gym with a golf simulator, and an eight-car garage.

The spacious backyard features a large lawn, two pools, and a patio area with a built-in outdoor barbecue.

Carr, who joined the Raiders in 2014 when they were still based out of Oakland, California, helped the team reach the playoffs during the 2016 season. However, after his performance was deemed below expectations during the 2022 season, Carr lost his starting job and agreed with Raiders leadership to be released following the conclusion of the season. Then, in March 2023, Carr signed with the New Orleans Saints for a four-year contract worth upwards of $150 million.

See full listing details for 52 Olympia Canyon Way, Las Vegas

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A massive, lavish ranch located just south of Las Vegas that was once owned by legendary entertainer Wayne Newton has been listed on the market by Nevada-based Smoketree Group for an eye-popping $31.3 million.

The ranch – situated at 6629 South Pecos Road on a 39.5-acre plot of land – was originally built by the world-famous actor and singer in 1966, and was dubbed “Casa de Shenandoah” during the time that he lived there.

The ranch started out small at first – with just his Southern-style mansion initially located there – but over the years Newton expanded to match the opulence that “Mr. Las Vegas” himself is known for by adding an additional eight homes, a horse stable with 50 stalls, a museum for his collection of 100 cars, a facility for exotic animals, and even a runway for his private jet.

In 2010, a firm called CSD purchased Casa de Shenandoah for $18 million, with plans to change it into a public attraction similar to Elvis Presley’s Graceland, with plans for Newton to continue living there while retaining a portion of the property’s ownership.

However, the star soon entered into a lengthy legal battle with one of his business partners over the Newton Museum project, and when the matter was finally settled in 2018, Casa de Shenandoah was then closed to the public.

Smoketree later purchased the estate for $5.56 million in 2019, only to turn around and list it a year later for $29.9 million. The property failed to sell – even after several reductions to the asking price – and it was later removed from the market in February 2022.

Smoketree re-listed it in 2023 for $28.5 million, eventually pulling it once again when there were no takers; however, with the greatly increased number of sales in the Las Vegas ultra-luxury home market recently, their latest attempt to sell the property may finally be met with more success.

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A man so passionate about collecting automobiles that he actually installed 13-foot-wide front doors on his lavish estate so he can roll in and park some of his most cherished rides in his living room – yes, his living room – has listed the Las Vegas residence on the open market for nearly $11 million.

Julius Salerno loves relaxing in the living room of his 11,400-square foot home in Summerlin’s swanky The Ridges master-planned community while looking at many of his prized collector cars – of which he owns 100, including a Bugatti Veyron, Pagani Huayra and Koenigsegg Agera RS – parked right next to him. He’s also fond of displaying his Ducati motorcycle in the space as well, parked right on top of an elevated circular table.

What vehicles he isn’t able to display in his home or elsewhere on his property due to space constraints are stored in a warehouse.

However, Salerno – an attorney and co-founder of Bellami Hair, a wig and hair-extension company – recently made the decision to move to Dubai, and as a result he has decided to list his Vegas home for $10.999 million, having originally purchased it for $4.95 million in 2020.

53 PAINTED FEATHER WAY, LAS VEGAS – $10,995,000.00

The residence – situated upon a half-acre of property – boasts numerous luxury amenities, such as an elevator, movie theater with $600,000 surround-sound system, game room, gym, massage room, two-story office, four-car garage, a Crestron smart-home system, and a 1,660-square-foot swimming pool with a swim-up bar and 20-foot waterfall feature.

The home is surrounded by trees, affording the residence the sense of privacy from the street, and the massive backyard deck offers several fire pits, a kitchen, a gazebo and a putting green.

When asked why he would want to leave such a beautiful home, Salerno noted that he enjoys the lifestyle in Dubai, having visited the United Arab Emirates-based city several times. And while he will be taking a number of his prized cars with him on moving day, a major portion of his collection will remain in the United States, where he still keeps a home in California.

See full listing details for 53 Painted Feather Way, Las Vegas

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – The Western Hotel & Casino, an iconic part of the Las Vegas downtown scene steeped in the rich history of the city, is reportedly up for sale for an undisclosed price.

Originally closing down in 2012, the hotel is one of the many properties in Vegas previously owned by the late Tony Hsieh, who passed away in November 2020 at the age of 46 due to injuries suffered in a Connecticut house fire.

Hsieh – who was worth hundreds of millions of dollars at the time of his death – headed up retail shoe selling giant Zappos before selling it to Amazon in 2009 for over $1 billion; he later retired as CEO in August 2020. He is also credited for having pledged $350 million to the renovation and revitalization of Downtown Las Vegas.

A real estate brokerage firm, Logic Commercial Real Estate, was selected by Hsieh’s estate in May 2023 to sell five of his downtown Las Vegas properties, the Western Hotel & Casino being among them.

Boston Omaha Asset Management – an investment firm owned by Logic’s chairman and co-founder Brendan Keating, who was named its co-managing partner four months before the Hsieh listings were announced – recently purchased several downtown properties from Hsieh’s estate for approximately $24.7 million.

The Western Hotel & Casino, as described by the sales pitch, is a “rare, full city block redevelopment opportunity in Downtown Las Vegas.” The establishment, which is two stories tall and has approximately 49 hotel rooms, charged about $37 a night at the time of its closing. Originally built in 1970, the four-parcel property – which sits upon a 1.3-acre plot of land with 300 feet of frontage on Fremont Street – was mainly known for its cheap slot machines, bingo, and table games.

Hsieh’s Downtown Project had previously purchased the property for $14 million in 2013.

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.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com