Las Vegas Raiders General Manager Tom Telesco Purchases Summerlin Home for Nearly $5 Million
Shelter Realty Blog
by Christopher Boyle
16h ago
LAS VEGAS, NV – Tom Telesco, General Manager of the Las Vegas Raiders NFL team, has officially made the move to his team’s new home by purchasing a nearly $5 million house in an affluent neighborhood in Summerlin. Telesco paid $4.95 million in March for a 5,041 square-foot, single-story home on a 0.35-acre plot in The Ridges – an exclusive master-planned community – with the sale ranking as one of the priciest in a month chock full of expensive luxury sales in Southern Nevada. According to the Multiple Listing Service, there were 152 sales of $1 million or higher in March, and four s ..read more
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New 648-Foot-Tall Hotel Catering to Jewish Guests Proposed Near Las Vegas Strip
Shelter Realty Blog
by Christopher Boyle
3d ago
LAS VEGAS, NV – A new high-rise hotel catering exclusively to the Jewish community has been proposed near the Las Vegas Strip, according to reports. Slated to be built at 3601 Vegas Plaza Drive according to documents submitted to Clark County, the 46-story, 648-foot-tall King David Hotel would be located directly to the north of The Mirage and west of Treasure Island, and would include 486 rooms, banquet halls, a day spa and even a synagogue, all situated within short walking distance of Las Vegas Boulevard. Or Bamidbar Chabad Sephardic Synagogue Rabbi Yossi Shuchat said that he was ..read more
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Historic Estate in Las Vegas’ Affluent Scotch 80s Community Listed for $2.4 Million
Shelter Realty Blog
by Christopher Boyle
5d ago
LAS VEGAS, NV – A historic estate in Las Vegas’s affluent Scotch 80s community has been listed on the open market for $2.4 million, with the realtor representing the seller noting that the residence represents a perfect melding of the Valley’s rich history and the modern day flash and showiness that Sin City is known the world over for. The estate, located at 1227 Park Circle in Scotch 80s – the first-ever master-planned community in Southern Nevada and home to many celebrities over the years, such as singer Prince, actor Frank Sinatra, and comedian Jerry Lewis – is being represented by r ..read more
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Lennar Corporation, One of the Largest U.S. Homebuilders, Purchases 37 Acres in Henderson for $45 Million
Shelter Realty Blog
by Christopher Boyle
1w ago
LAS VEGAS, NV – According to Clark County property records, Lennar Corporation, one of the largest home construction companies in the United States, has bought 37 acres of land in Henderson for $45 million from California-based Trilogy Land Holdings LLC. It is expected that Lenar will develop the vacant land – the sale of which closed on March 1 – into a single-family residential community. The property is located in west Henderson, just south of the Henderson Executive Airport and the master-planned community of Inspirada, close to the McCullough Range and Black Mountain. Based out ..read more
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New Mixed-Use Apartment and Retail Complex Under Development in Las Vegas’ Arts District
Shelter Realty Blog
by Christopher Boyle
1w ago
LAS VEGAS, NV – Las Vegas’ downtown is sorely in need of new housing options for its inhabitants, and as a means to address that issue, construction is currently underway on a large, new mixed-use project in the 18b Arts District that looks to combine apartment units and retail, spread out amongst several buildings. The project – located at 1200 S. 3rd Street, and dubbed 3rd Street Assemblage – is slated to take the form of three seven story, mid-rise apartment buildings that will offer a total of 337 units for rent, in addition to ground level retail and restaurant space totaling 8 ..read more
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Tropicana Closes After 67 Years, Historic Hotel-Casino to be Imploded for A’s Upcoming Stadium
Shelter Realty Blog
by Christopher Boyle
1w ago
LAS VEGAS, NV – On Tuesday, the end of an era was marked as the Tropicana Las Vegas – one of the oldest remaining vanguards of the iconic Sin City hotel-casinos of the Rat Pack era – closed its doors for business two days prior to its 67th anniversary, with the structure slated to be imploded later this year to make way for a new stadium for the newly-arriving Oakland Athletics Major League Baseball (MLB) team. Originally, casino operator Bally’s Corp. had announced that play in the casino would cease at 3 a.m. Tuesday, but in reality, workers had begun breaking down many of the ..read more
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Former Site of Imploded New Frontier Hotel Continues to Sit Unused Nearly 17 Years Later
Shelter Realty Blog
by Christopher Boyle
1w ago
LAS VEGAS, NV – The New Frontier Hotel and Casino was an iconic sight on the Las Vegas Strip since it originally opened for business in 1931; over the years it changed hands several times until it’s eventual final sale and closure in May 2007. The structure was finally imploded in November of that same year following a fireworks celebration and countdown chanted by onlookers who gathered to see a remnant of Vegas’ colorful past finally crumble to dust. Nearly 17 years later, the property ; casino operator Wynn Resorts, which bought the land and four adjacent acres in early 2018, has not a ..read more
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Las Vegas’ Iconic Western Hotel & Casino Now Up for Sale for Undisclosed Price
Shelter Realty Blog
by Christopher Boyle
2w ago
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 ..read more
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For Second Year in a Row, Nevada Shows Decrease in Number of Housing Permits
Shelter Realty Blog
by Christopher Boyle
2w ago
LAS VEGAS, NV – As per a new study from online real estate search portal Point2, Nevada has experienced a decrease in the number of housing permits being applied for by developers for the second year in a row. In 2023, Nevada issued 18,473 new housing permits, made up of single-family homes and apartment units; according to the report, which noted that it acquired its data from the U.S. Census Bureau, this represents an 8 percent decrease year-over-year. However, once you pick apart the data, some interesting notes surface. While the overall number of housing permits issued last year decr ..read more
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MLB Legend Jose Canseco’s Las Vegas Home on Market for $1.6 Million, Listed Six Months with No Takers
Shelter Realty Blog
by Christopher Boyle
3w ago
LAS VEGAS, NV – Major League Baseball (MLB) legend Jose Canseco has listed his lavish Las Vegas, Nevada home for sale on the open market for the reported amount of $1.6 million. Canseco, 59, originally purchased the 5,100-square-foot, five-bedroom, four-and-a-half bath residence – located in an affluent, guard-gated master-planned community located a short drive from downtown Las Vegas – in 2021 for $1.1 million, after which he carried out more than $200,000 in renovations and upgrades. He originally listed the home for sale in September 2023 for $1.7 million; one month later he cut the p ..read more
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