A Brand New Day...

Heidi & I standing on our lot October 1993, not a blade of grass in all of Lake Las Vegas.

Today 6 December 2013, 20 years later, we've finally closed with our 9th buyers.  In spite of the bank trying hard to cause absolute devastation, we enjoyed building and living in our dream home for many years...

We've been in our new home for 28 months, during this time we have been through 8 buyers, all wanting to close on the property but just not willing to wait for the bank.  The property has been vacant, but far from abandoned as we've visited to maintain it at least 2X's every week + we've paid for all utilities & insurance ongoing.  It looks almost as good now as the day we moved out - actually the garage looks better empty.

We know this home & property will be enjoyed by all privileged to live there going forward - we wish them all the best.

We still have many great friends at LLV and will enjoy the resort every time we visit. 

Pressing On...

Villa Sula Verde = House On The Green

Welcome, be sure to click on the virtual tour to the right and on the "Older Posts" link near the bottom of this page right under the "Cool Pool" vid...

There's a lot to be learned about the evolution of our property and Lake Las Vegas in this blog we started long ago - we hope you enjoy...

$755,000 accepted pending closing on or before 12.24.13...

Millions are being invested into the entryway to Lake Las Vegas - we still maintain our property by visiting twice a week - it keeps looking better & better.

News Flash - 75% price reduction to a truly unbelievable $730,000 - Update (10-22-13): The $730K price point was rejected by the bank, and for good reasons - they countered with $750K and have stuck to it since the 1st of the year - we have all bank approvals in hand - the right cash buyer has an incredible opportunity to close quickly. 

From our original listing of *$2,895,000 the drop to $730,000 represents a $2,165,000 reduction in price = to -75%.  

• The house to our left is a year older - the lot is not as good and it's still listed @ $1.4mm BTW, we think it's worth every penny and then some...
• The house to our right is newer, but it's not a golf course lot and it recently sold for $1,125,000 - this was a steal considering it's original sale price of over $3mm

I mention these 2 facts because they speak to comps & location - our property is definitely the prime location and the homes on either side of us are reasonable comps - all of this points to $730K being a truly unbelievable price for our stellar property - indeed we will never understand why we  had to sell the dream home that cost us $1.8mm to build for $1,070,000 less than it cost us to build.  Some smart person is about to make the deal of a lifetime on this Awesome, unique home.

I'm going to leave all of the older posts as they are - if you flip back, you'll see a lot of interesting history...

Cool Hang, just down the hill from our home...

Villa Sula Verde = House On The Green

The home right next door recently sold for $1.125mm - just a few years ago it was originally purchased for over $3mm - our home is on a much better golf course lot, with privacy too...


Tranquility Perfected
We're purposely leaving some of the text and prices as they were during our FSBO so you can get a feel for what's been happening in this crazy market...


Awesome Lake Las Vegas custom home, on the 17th green of the South Shore Golf Club @ 3 Grand Anacapri Drive, Henderson, NV 89011.  This fine home is currently not listed but owners, for a very limited time, will consider an offer of $1,395,000, that's $1,600,000  (52%)  below original listing of $2,895,000.

• Totally Unique - Incredible Value

$1,395,000 represents the real acquisition and replacement cost for just: the golf course lot, utility improvements, design + installation of landscaping infrastructure + grass, plants, *trees, river rock + lights, dividing walls + pillars, stone + caps, fences, gates + internally lit custom mailbox + 2,000 sq. ft. drive-way, sidewalks, patios + slate, cool deck, pond + rock work, 4 waterfalls + pool, slide and spa.


*40+ Palm trees, including 6 Carney Island Date Palms - 2 out front that are 25 feet high, 100+ years old, the largest in LLV, magnificent!  You will not see many like these, one reason is they are $1,000+ per foot installed - that's right, $50,000 to replace those 2 huge beautiful trees out front. 3 Pine trees, Pomegranate tree + many more...

Market driven price point of $1,395,000 buys all of the above + the awesome custom home - No way! Yes, way -unfortunately for us - lucky for you.


Lake Las Vegas is like a Phoenix rising - make the drive out on the new 6 lane highway to check out the reincarnation of the former Ritz Carlton ~ Ravella   http://www.luxist.com/2011/02/12/affordable-luxury-the-opening-of-ravella-at-lake-las-vegas/
Also, Casino MonteLago re-opened on May 26th, 2011 - it's better than ever...

Our back yard is the 17th fairway, with views of Ravella + the city beyond...

...from our side balcony we can see an inspiring view of Lava Butte and the North Shore...

...this is a unique and truly extraordinary place to live.


Questions?  

Contact Mr. Carmine Ferrara

Office:Coldwell Banker Premier RealtyAddress:10120 South Eastern Avenue, Suite 300, Henderson, NV, 89052Office Phone:(702) 458-7070Mobile Phone:(702) 812-9977Fax:(702) 458-6253Email:clferrara@cbvegas.com

Incredibly, we have dropped far below any price point  connected to the realities of what it cost us to build  - we encourage serious qualified buyers to move quickly now as we believe this to be the last true custom home steal in Lake Las Vegas.

"...we will come out of this a bigger, nicer, more beautiful Lake Las Vegas.” 
-Steve Sisolak
Clark County Commisioner

Lake Las Vegas readies for future development

We believe that the gear shift represented by the revelations in this article are evidence that the developers finally get it - click and check it out...