Las Vegas’ Most Expensive Condo Sold for $21 Million Inside Exclusive Nevada Country Club
Las Vegas has always been a major player in the luxury real estate market—but Sin City took a big step forward this month when the most expensive condo to ever trade hands in the “Entertainment Capital of the World” sold for $21 million.
The ultraluxe five-bedroom, 5.5-bathhouse penthouse is far from your traditional condo, offering the same high-end amenities as a luxury home—with the added bonus of beautiful city views, and many amenities offered to residents of the exclusive building where it’s located.
Measuring approximately 5,000 square feet, this unit is part of the prestigious Summit Club community in the upscale Summerlin neighborhood and is the only “true” condo available in the exclusive resort-style community.
“The property sits atop a country club, offering recreational accommodations with exceptional amenities, including fine dining and a state-of-the-art fitness center,” the listing reads. “This is not just a home; it’s a lifestyle for those who want the best.”
As first reported by the Wall Street Journal, the home was sold by Ivan Sher for IS Luxury, a brokerage with offices in Vegas and Newport Beach, CA, the tony penthouse deal officially closed Jan. 10. Sher represented the buyer and seller in this blockbuster deal.
The penthouse itself is described as “designed for those who only want the best,” with stunning craftsmanship and high-quality materials found in every living room.
Most of the rooms inside the property feature sliding glass walls that open the space up to the wonderful outdoor space, where residents can sit, relax, and enjoy their beautiful surroundings.
What makes the home even more appealing, however, is access to all the resort-style amenities, from a Tom Fazio-designed golf course turned state-of-the-art fitness center, not to mention spectacular views of the Red Rock Canyon National Conservation Area from many areas of the home, thanks to floor-to-ceiling windows.
Once you’re inside, you’ll be overwhelmed by the abundance of views that surround you, giving you a sense of calm and beauty,” the list said.
Good food at the many restaurants on site means that cooking at home is not necessary. There is also a community movie theater, spa, pool, salon, and tennis and pickleball courts.
Called an “oasis in the desert” on its website and billed as “Vegas’ only private residential club community,” Summit Club covers 555 acres.
It often attracts rich and notable customers, including Las Vegas Raiders the owner Mark Davis who sold his Summit Club condo for $10.5 million in 2023, nearly double what he paid in 2021.
And even though this violent spread is outside the Las Vegas Strip, it’s very close to entertainment, with the T-Mobile Arena (home of the NHL’s. Vegas Golden Knights), live concert venue The Sphere, and resort casinos on the Las Vegas Strip.
It’s also located within a half-hour drive of Harry Reid International Airport, which is served by nonstop flights to 15 countries and 49 US states, according to DirectFlights.com.
Built in 2022, the house on its 1.1-acre parcel first went on the market in March, with an asking price of $25 million. It lingered, unattractive to a buyer, at this price until the end of June, at which time it was taken off the market and relaunched at a lower price of $23.5 million.
Speaking to the Wall Street Journal, the penthouse seller, technology and gaming investor Richard HaddrillHe stated that he chose to move it out of the house due to construction delays which prevented him from continuing to live in that house.
Having bought the property for $9.4 million in 2023, he faced a long wait for the home to be finished—and finally, bought a nearby single-family home to move into.
However, he admitted that the decision to sell the penthouse was not an easy one, telling the store that he was sad about which place he had to let go of.
In the end, he stuck to his single-family residence—and offered his condo fully furnished and with almost all of the artifacts, even cutlery, included.
The buyer, who has not been named, bought the whole thing, “currently in silverware,” Haddrill said.
While this latest sale is the most expensive condo ever sold in Las Vegas, the $35 million home that sold in 2024, and in the Summit Club community, is the most expensive property to trade hands in Sin City.
A solid runner it was Celine Dion pocketed $30 million for his Summit Club home when it sold in 2023. At the time, it was also reported that the Switch CEO Rob Roy he had just put down $33 million to acquire five acres of land in the community to build his dream home.
