COM­POUND IN­TER­EST

FOR THOSE WHO WANT PRI­VACY, PRO­TEC­TION, AND ABOVE ALL, PRES­TIGE, SEV­ERAL BAR­RI­ERS TO EN­TRY ARE BET­TER THAN ONE. TRY AND KEEP UP WITH THE JONE­SES—IF YOU CAN SEE OVER THEIR FOURTH SE­CU­RITY WALL.

Vegas Magazine - - Contents - BY SU­SAN STONE

For those who want pri­vacy, pro­tec­tion, and above all, pres­tige, sev­eral bar­ri­ers to en­try are bet­ter than one. Try and keep up with the Jone­ses—if you can see over their fourth se­cu­rity wall.

When liv­ing in a guard gated com­mu­nity just isn’t pri­vate enough, a few se­lect de­vel­op­ments of­fer en­hanced lev­els of se­cu­rity that can in­volve pass­ing through up to four gates be­fore res­i­dents ar­rive home —enough to pro­vide even Tony So­prano with a feel­ing of sanc­tu­ary.

Each of the dis­tinct neigh­bor­hoods in The Ridges of Sum­mer­lin in­cludes a sep­a­rate gate but just one, Promon­tory, has an ex­tra-ex­clu­sive en­clave called Promon­tory Point with a third ac­cess gate, be­yond which dozens of home­own­ers have in­stalled their own (num­ber four) pri­vate se­cu­rity bar­rier.

This trend of cre­at­ing in­creas­ingly deep ob­sta­cles to res­i­dences con­notes a higher level of ex­clu­siv­ity, ac­cord­ing to Ivan Sher, prin­ci­pal in Shapiro & Sher Group Berk­shire Hath­away Home­ser­vices, Ne­vada Prop­er­ties (shapiroand­sher.bhh­snv.com). “It’s like the Amer­i­can Ex­press Plat­inum ver­sus Amer­i­can Ex­press Cen­tu­rion. They both get you pretty much what you need, but that Cen­tu­rion card of­fers a lit­tle bit more pres­tige,” he ex­plains. “A lot of peo­ple feel that hav­ing the ex­tra set of gates is a higher level of se­cu­rity but even more so, a higher level of pres­tige.”

These fourth-gate own­ers are typ­i­cally casino ex­ec­u­tives, celebri­ties and politi­cians who value their pri­vacy above all, Sher says. “They will never say ‘I want a third gate,’ but they will tell me, ‘Se­cu­rity is of the ut­most im­por­tance.’ Aside from the pri­vacy as­pect, se­cu­rity seems to be the num­ber-one con­cern for the

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 (as­caya.com), 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 lasve­gas.com), a joint ven­ture be­tween The Howard Hughes Cor­po­ra­tion and Dis­cov­ery Land Com­pany, will also of­fer ex­clu­sively 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-squarefeet 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 com­pound 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.”

Do these lux­u­ri­ous com­pounds in The Ridges look wide- open and ac­ces­si­ble? Think again.

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.

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