Panorama Towers

Las Vegas High-Rise - Real Estate

Panorama Towers
Focused search reflecting only those homes currently listed for sale in this community. Note that I have been able to remove homes in "contingent" status from the search results. The results you receive by clicking on the link above should produce only currently available properties. This information is updated every 24 hours.

This is a showcase of a few of the currently listed homes in Panorama Towers, Las Vegas.

Resale list prices range from $194 per sq. ft. to $951 per sq. ft. and average $306 per sq. ft. at the time of this writing, October 24, 2011. Properties currently listed range in price from $255,000 to $6,500,000. HOA fees average slightly over .50 per sq. ft. Resale sales over the last three months range in price from $110,000 to $488,888. 34 properties were sold during this period.

Panorama Towers is located on 10 acres at Harmon and Dean Martin Dr, just 1/4 mile from the Las Vegas Strip.  Tower One was completed in 2006. It has 33 floors and is 420 ft. (128m) tall. Tower Two was completed in 2007. It also has 33 floors and is 420 ft. (128m) tall. Per the Clark County Tax assessor, there are a total of 854 recorded sales. Home sizes range from 732 to 6,900 sq. ft. One, two and three bedroom units were constructed. Many units at Panorama Towers feature a balcony/terrace. A considerable number of resales are available (see link above).

 Tower Three is topped out and is now complete in . It is 483ft (147m) tall and have 42 floors. 

Development amenities include concierge service, valet parking, 24 hour security, business conference room, state-of-the-art fitness center, his and hers separate spa facilities with massage, sauna and steam rooms. Additional amenities include racquetball court, media room, recreation room, pool, Jacuzzi, private cabana facing pool areas, yoga room, wine cellar and a one acre pet friendly walking park

The developer here, Sasson and Hallier, is a real local success story. They got in early, bought the land right, controlled their costs and then watched several developers who tried to emulate them crash and burn. Initially, I thought that the location on the old Industrial Rd. just west of the I15 a little problematic. I was wrong, at least in terms of their success. Better for some to be just off the Strip, at a lower price, looking back at it than on the Strip looking out. Looks like the developer bailed out on Tower Four. This follows several projects canceling, Trump Towers putting their 2nd Tower on hold and Allure canceling their 2nd tower.

This is a caveat I would apply to all those local high-rise communities still selling new. There may be some jeopardy here.  See my concerns on my  high-rise directory page
 

Millie Fine
Universal Realty
Toll Free 1-888-449-3463
Home office 1-702-363-5599
E-Mail Millie!
millie@milliefine.com 

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