realestate

Luxury Penthouse at Summit Club Lists for $25 Million Record Price

Penthouse at The Summit Club in Summerlin listed for record-breaking $25 million.

I
n a move that could shatter records, a luxurious penthouse at The Summit Club in Summerlin has hit the market for an eye-watering $25 million. This staggering price tag would eclipse the previous high by nearly $9 million, a feat achieved by none other than The Martin's record-breaking sale of $16.25 million in 2021.

    Perched atop the clubhouse, this five-bedroom, five-bathroom behemoth spans an impressive 4,929 square feet, with floor-to-ceiling windows that dissolve boundaries between indoors and outdoors. A sprawling balcony wraps around three sides, offering breathtaking vistas of the surrounding mountains, Tom Fazio-designed golf course, and the glittering Strip. The pièce de résistance? A spa, small pool, and outdoor shower – all mere steps from the penthouse's private entrance.

    "This is a haven for those who crave the ultimate in luxury living," says Ivan Sher, listing agent with IS Luxury. "The Summit has single-handedly transformed the city's property values, redefining what it means to live at the pinnacle of high-end living."

    Sher notes that The Ridges, a neighboring community, boasts an average price per square foot of $1,300-$1,400, while The Summit itself has seen sales soar to nearly $3,000 per square foot. Ascaya and MacDonald Highlands trail behind, with prices ranging from $1,400 to $1,500 per square foot.

    "The midrise condos at The Summit are a steal at around $3,500 per square foot on the resale market," Sher adds. "But our penthouse above the clubhouse is in a league of its own – the only true penthouse experience available."

    As one steps into this luxurious abode, it's clear that every detail has been meticulously curated for the ultimate resort-style living experience. The great room seamlessly integrates kitchen, pantry, wine cellar, dining area, and family room, while two primary bedrooms boast Strip views and private balconies.

    The owner, a seasoned property collector with multiple homes in The Summit Club, has opted to part ways with this bespoke penthouse due to its exceptional quality and unparalleled amenities. "This is one of one," Sher emphasizes. "There's nothing like it."

    With its prime location, lavish features, and unparalleled convenience, this penthouse is poised to attract the crème de la crème of buyers – athletes, entrepreneurs, or anyone who recognizes The Summit as the epitome of luxury living. As Sher astutely observes, "The wealthy crave ease and exclusivity; they want it all at their fingertips."

Summit Club luxury penthouse listing for $25 million record price in Aspen.