ML - Vegas Magazine

Vegas - 2017 - Issue 2 - Late Spring - Cher

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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Page 76 of 119

You'll need to get through two gates and a high-tech Crestron security system to enjoy this pool at 586 Lairmont Place in MacDonald Highlands. below: Leave your MacDonald Highlands compound for a round of golf at DragonRidge. ultra-wealthy right now. They're looking to be in an area where they have the best possible protection and surveillance, privacy, all of it." Henderson's newest luxury community, Ascaya (, plans to offer four privately gated enclaves with between five to fifteen lots each, some of which could be combined, says Darin Marques, sales manager. MacDonald Highlands has four communities with a second private gate. Just south of The Ridges, The Summit Club (luxuryhomes, a joint venture between The Howard Hughes Corporation and Discovery Land Company, will also offer exclu- sively gated neighborhoods. Another option for these buyers is a compound with multiple residences on a large piece of land that is typically gated, private, and individually owned, said Sher. "It's just starting, but I'm seeing very wealthy people who have strong nuclear-style families looking to build estates where their kids are either on the property or nearby in their own residences. These 20,000-square- feet estates are being built on multiple acres so that the kids and parents can live in the same area yet have their privacy. That's something I've seen for those who can afford it," he says. Several are listed for sale here and there across the valley, but a buyer who wants a newer com- pound would need to either find one of the large parcel options dotting suburban Las Vegas or choose a community offering multiple-acre lots and build their own, he says. Buyers from California often conclude that moving to Las Vegas to build a large home with land makes the most sense. "The land and the cost of building in Nevada versus California is huge," Sher says, pointing out most will save 13 percent on income taxes annually. "If you take people making tens or hundreds of millions of dollars a year, in a few years you've save a significant portion of the cost of building the house." . VEGASMAGAZINE.COM  71

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