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Situated amidst the prestigious Ascaya community, 19 Rockstream Drive stands out as a modern architectural marvel that embodies nature-friendly net-zero design, supreme privacy, and breathtaking views of the McCullough Mountain Range and Las Vegas Strip.

The 2023 New American Home showcases industry innovations, revolutionary design concepts, construction techniques and lifestyle trends.

Las Vegas Review Journal
Photo Courtesy from The Agency Listing presented by Kylie Lum & Melissa Tomastik

This stunning 5-bedroom, 7-bathroom, 8,211-square-foot was awarded the prestigious designation of the 2023 New American Home during the annual Las Vegas International Builders’ Show. Created by the highly acclaimed Nevada-based LUXUS Design Build team, has been deemed the New American Home 2023, a coveted honor in the world of luxury homes.

Michael Gardner, principal and founder of Studio g Architecture and Luxus Design Build, was awarded the project.

Las Vegas Review Journal

With completion and furnishing support from MASS Beverly Los Angeles, this turnkey estate boasts a plethora of lavish amenities and ingenious design elements. The chef’s kitchen, 452-bottle wine wall, and home office are just a few of the remarkable features that highlight the home’s thoughtful and meticulous construction and decoration. From its luxurious finishes to expert detailing, this property is the pinnacle of high-end living.

Emerald” certification, the highest honor offered by the National Association of Home Builders.

Las Vegas Review Journal

The primary suite is certainly a homeowner’s dream, with an infrared sauna, kitchen, and lounge area that offer a resort-style retreat inside your own residence. Step outside and explore the home’s 2,000+ square feet of outdoor living space, where an extraordinary retreat awaits. The area boasts two pools, a spa, and two kitchens that extend your living space beyond the home’s walls to take in the natural surroundings, perfect for entertaining friends or simply enjoying some quiet time.

Listing presented by Kylie Lum & Melissa Tomastik

References: 
Las Vegas Review Journal - “New American Home to list for $15M” by Valerie Putnam Real Estate Millions (March 10, 2023)
The Agency “ 19 Rockstream Drive Ascaya, Henderson, NV 89012”

As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor.

It could be a High Rise condo in Las Vegas, a spacious home in a guard gated community or one with access to luxury amenities and entertainment. The home itself will also boast some of the finest features available. According to the Luxury Market Report from the Institute for Luxury Home Marketing, there’s been a substantial increase in how many buyers are purchasing luxury homes over the past two years. It says:

“. . . North America recorded the fastest growth of demand during the first year of the pandemic. Also, demand has . . . consistently increased, and even in April 2022, we saw a higher volume of sales compared to 2021.”

The Institute of Luxury Home Marketing

If you own a luxury home, it could be a great time to list your house today while demand is so high. But first, let’s understand where the demand is coming from.

What’s Driving the Heightened Buyer Demand for High-End Homes?

The same report says more people have reached a certain net-worth threshold, and that’s contributing to the increased interest in luxury housing:

“In 2020, we saw a 2.2% growth in the number of individuals with wealth of over $5 million in net value, but in 2021 that number grew by an outstanding 19.8%. This total increase has resulted in the introduction of over 660,000 new individuals into the high net-worth bracket, which, combined with the existing affluent looking to both diversify and add new properties to their portfolio, provides a true insight into why the demand for luxury properties skyrocketed during 2021 and into 2022.”

So, if you’re looking to make changes to your real estate portfolio or are looking to sell your current house, it may be a great time to list and benefit from the high demand for luxury homes today.

KEY TAKEAWAYS
Real estate isn’t considered luxury just because it’s expensive. It also must be unique, exclusive, and perceived as superior.
High-end buyers want access to activities such as luxury shopping, dining, and the arts, as well as proximity to similar homes.
Luxury real estate investors can flip a mansion, invest internationally, buy a luxury condo, buy a high-end vacation property, or build from scratch.

Investopedia 

Bottom Line

If you own a luxury home and want to know how strong demand is in your area, let’s connect so you can capitalize on current market conditions while buyer demand for upscale homes is so high.

Bottom Line

If you own a luxury home and want to know how strong demand is in your area, let’s connect so you can capitalize on current market conditions while buyer demand for upscale homes is so high.

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