Las Vegas Review-Journal (Sunday)

▶ NEW AMERICAN

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be May. That’s when we expect it to stabilize from the coronaviru­s. It’s the month that slows down because we’re not able to put things into escrow like we are.”

Barbee said tracking the stock market will be key to watching the luxury market. The Dow has recovered to around 24,000 on Thursday after falling below 19,000 in late March. The Dow surpassed 29,000 in February, and the luxury market was strong that month.

“The real message is people think we have ground to a halt, but we haven’t,” Barbee said. “People still want to buy and sell.”

The listing prices are coming down slightly — about 5 percent — if sellers are motivated to sell their homes now, Barbee said.

9021 Grove Crest Lane

Leading the list for top sale between January and March was a Tournament Hills home at 9021 Grove Crest Lane that sold at auction for $5.6 million. It was originally listed for $13 million.

The two-story, six-bedroom estate home measures 15,479 square feet with an elevator and a five-car garage.

The Tuscan-style home was built in 2000 on three-quarters of an acre. It has a foyer finished with Venetian plaster and second-story wroughtiro­n railings framing a $42,000 chandelier. There are stone-andwood inlaid floors, domed-shaped cathedral ceilings, arched stone-line doorways, gold fixtures, custom fireplaces and chandelier­s.

French doors open to multiple courtyards, terraces and patios. The master suite has hand-painted elaborate ceiling design, a custom fireplace, his-and-her spa-inspired baths with gold fixtures, large walk-in closets and a massage room. The other bedrooms are all junior master suites.

There’s a dining room leading through the butler’s pantry and into the gourmet kitchen with Carrera Marble countertop­s, furniture-grade custom cabinetry, Wolf brand appliances, farmhouse sink and a wood-finished breakfast bar. The kitchen and breakfast nook overlook the outside patio and family room with coffered ceilings, a custom fireplace and French doors leading out to the back patio, pool and hot tubs.

Dawn and Clement Ziroli are the new owners. They are the owners of Deer Creek Holdings, a real estate management, constructi­on and investment company.

Ivan Sher was the listing agent. He’s broker and owner of the Ivan Sher Group with Berkshire Hathaway HomeServic­es Nevada Properties.

1530 Dragon Crest Ave.

This is a Blue Heron home in the new Equinox subdivisio­n in MacDonald Highlands in Henderson that sold for $4.37 million to Anthony Toti, CEO of Mesquite Gaming.

Routh Silberman represente­d the builder. The home measures 5,293 square feet with four bedrooms and six-car garage.

Equinox is a seven-home community in which five lots have been sold, one reserved and one still available.

2909 Coast Line Court

A two-story home in the Lakes at 2909 Coast Line Court sold for $4 million, and the buyer is yet to be listed in county records.

It measures 7,876 square feet with five bedrooms. Darren Melton of Luxurious Real Estate was the seller’s agent, and Brendan King of Simply Vegas was the buyer’s agent.

64 Promontory Ridge Drive

A three-story home at 64 Promontory Ridge Drive in The Ridges in Summerlin sold for $3.9 million at an auction. It measures 10,951 square feet with six bedrooms. The home was featured in Real Estate Millions in February

The new buyer is yet to be listed in county records as the sale closed on March 25. The home was owned by Andy Bloch, a profession­al poker player, lawyer and inventor.

Zar Zanganeh of Luxe Estate was the buyer’s and seller’s agent.

615 Scenic Rim Drive

A single-story home at 615 Scenic Rim Drive in MacDonald Highlands sold for $3.75 million. It measures 6,100 square feet with four bedrooms. The new owners are Howard and Charlotte Perley of Newport

Beach, California. Routh Silberman was the buyer’s and seller’s agent.

35 Meadowhawk Lane

A two-story home at 35 Meadowhawk Lane in The Ridges sold for $3.7 million. It measures 5,601 square feet with four bedrooms. Frank Napoli Jr. with Berkshire Hathaway HomeServic­es was the seller’s agent, and Natalie Cornejo of Berkshire Hathaway was the buyer’s agent. Daniel and Marni Moses were the buyers.

1 Midnight Ridge Drive

A one-story home at 1 Midnight Ridge Drive in The Ridges measures 4,021 square feet with four bedrooms. It sold for $3.67. Dawnelle Gallo of ERA Brokers was the seller’s agent, and Zach Walkerlieb of Coldwell Banker Premier was the buyer’s agent. Robert and Irene Oseland were the sellers, and the buyers have yet to be listed by the county.

Robert Oseland is a former casino executive for the Wynn, Encore, SLS Las Vegas, Alon Las Vegas and Paragon Gaming. Since December, he has been the head of playAWARDS Studio in Las Vegas.

2563 Red Arrow Drive

The No. 10 sale of the quarter was a one-story Tuscan-style home along Red Rock Country Club in Summerlin at 2563 Red Arrow Drive that sold for $3.25 million and was bought by Phillip J. Maloof Trust. Robert Hoffman of Priority One Commercial was the listing agent, and Takuma Kondo of Compass Realty was the buyer’s agent.

Maloof, whose family built the Palms, sold his penthouse condo at Palms Place in November for a record $12.5 million. It has 6,200 square feet on the inside and 13,000 square feet on the outside.

The new home measures 6,939 square feet with four bedrooms. The lot is four-tenths of an acre.

Among other luxury sales during the quarter, Reinier Santana, president and COO of apartment builder Ovation Developmen­t, paid $3 million for a 7,300-square-foot home in The Ridges at 57 Painted Feather Way.

Mark Justice, chief operating officer of Mr. Stax, a franchise partner of IHOP in California, paid $3.12 million for a 7,600-square-foot home at 32 Olympia Canyon Way in Southern Highlands.

Perry Di Loreto, president of Di Loreto Constructi­on in Reno, paid $3.14 million for a 9,500-square-foot home at 5130 Spanish Hills Drive in Spanish Hills.

 ?? Sun West Custom Homes ?? The 2019 New American Home displayed at the National Associatio­n of Home Builders’ Show in February in Las Vegas features a luxury garage.
Sun West Custom Homes The 2019 New American Home displayed at the National Associatio­n of Home Builders’ Show in February in Las Vegas features a luxury garage.
 ?? Jeffrey A. Davis Photograph­y Inc. ?? The master bedroom at 9 Sky Arc Court has disappeari­ng walls that provide an indoor/outdoor lifestyle.
Jeffrey A. Davis Photograph­y Inc. The master bedroom at 9 Sky Arc Court has disappeari­ng walls that provide an indoor/outdoor lifestyle.
 ?? Bill Hughes Real Estate Millions ?? The home at 9 Cloud Chaser Blvd. is a New American Home built by Sun West Custom Homes in 2019. It recently sold for $5.5 million.
Bill Hughes Real Estate Millions The home at 9 Cloud Chaser Blvd. is a New American Home built by Sun West Custom Homes in 2019. It recently sold for $5.5 million.

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