ML - Vegas Magazine

Vegas - 2015 - Issue 2 - Late Spring

Vegas Magazine - Niche Media - There is a place beyond the crowds, beyond the ropes, where dreams are realized and success is celebrated. You are invited.

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photography by JpM StudioS (1717 EnclavE); Eric JaMiSon/Studio J (thE lEnnox); FraSEr alMEida/luxury hoMES photography (thE Martin) from top: The grand living room of the Rameses Estate; an apartment at The Lennox, a boutique luxury rental complex; a condo at The Martin offering a kitchen with a skyline view. Let's go back to the start. Way, way back. The Rameses Estate, the jaw- dropping $28 million property at 1717 Enclave Court, listed by broker Kristen Routh-Silberman of Synergy Sotheby's International Realty (vegas luxuryrealestate.com), is named for the line of ancient Egyptian pharaohs. It's about "creating a foundation for your home and your life and building it into a dynasty," says Routh-Silberman. For aspiring dynasty builders, it doesn't hurt that the European-style estate, with rose gardens and mature trees, is located in Country Club Hills on the private TPC at Summerlin golf course. Or that it features a 13,200 - square-foot house with six bedroom suites, nine bathrooms, a screening room, a billiards room, an art room, a dining room seating 30, a kitchen suit- able for huge parties, Venetian-plaster walls, marble floors, custom- designed light fixtures, and a four-car garage. Or that the master bedroom suite, with its silk-paneled walls, is modeled after the famous Coco Chanel suite at the Ritz Paris. Or that the guest suites include rooms inspired by Chanel, Hermès, and Versace. (For some, no doubt, fashion is a home's foundation.) The biggest selling point, though, could be its address. The 1.5 -acre estate is on "simply the most presti- gious street in Las Vegas," says Routh-Silberman, where moguls spend tens of millions creating their dream homes. Enclave Court has only seven properties—two owned by the billionaire Fertitta family—so its palatial residences rarely go on the market. "It's the most expensive street. You can't get more exclusive." Broker Kamran Zand, founder and owner of Luxury Estates International (luxuryestates.com), isn't one to dawdle. He took over sales and marketing for The Martin's remaining units in January, and by February he'd found buyers for four of them, including a 42nd-f loor, 1,111-square-foot two- bedroom condo listed for $391,500. As of mid-February, Zand still had some gargantuan apartments for sale at The Martin, including the top-f loor gray-shell penthouse, a 12,940-square- foot colossus. The developer has added electrical and water systems, as well as waste lines, so the buyer won't be starting completely from scratch. The residence was previously listed at upwards of $500 per square foot, but Zand is working on "more attractive pricing" for it, as well as for four gray- shell penthouses on the two f loors beneath, ranging from 3,600 to 5,200 square feet. "The Martin is one of the few towers that has balconies," Zand says. "It's also 585 steps away from CityCenter. You're not on the Strip with the cars and the lights, but you have access to it via a short walk." Also at CityCenter, Zand recently listed a $2.167 million, 2,167-square- foot unit on the 43rd f loor of the Mandarin Oriental, and it's now in contract for more than $1,000 per square foot. But the luxury high-rise condo market isn't just about the Strip, where buyers are often looking for a second or third home. Over at One Queensridge Place, where many owners have their primary residence, Zand has listed a 4,826 -square-foot condo for $2.395 million. Instead of the international jet set relaxing at their vacation homes, you'll find local doctors and lawyers. Vegas luxury is all about options. Want to make friends with your neighbors? The Lennox (thelennox lv. com), a boutique luxury rental complex where one-bedrooms start at $1,350 per month, is ready Let's Buy a Dynasty From a $28 million estate with a world oF inFluences to a colossal strip-side penthouse to privileged communal living, the newest vegas listings reFlect the many meanings oF luxury. by andy wang to welcome occupants to its mix of stylish apartments with deluxe ame- nities, like spin bikes by the pool, cabanas with f lat-screen TVs, a club- house with a coffee bar, a pet park, and three lounges where residents can watch games and movies. The four-story, 200,000 -square-foot East Cactus Avenue complex, where move-ins started in January, has 100 units, ranging from 930 -square-foot one-bedrooms to 1,900 -square-foot three-bedrooms. The sleek design includes granite and stainless-steel open kitchens with illuminated bars, and bathrooms with quartz counters and frameless shower doors. Welcome to the club. V 98  vegasmagazine.com haute property tall Stories

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