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Just Sold: Largest Single-Floor High-Rise Penthouse in the Las Vegas Strip Area: 14,176 sq ft Single Residence -- $3,900,000
LAS VEGAS, NV--(Marketwired - May 16, 2013) - Leading Las Vegas real estate agent Di Lewis has just closed a sale on the entire top floor of Panorama Tower II, demonstrating the rapid recent growth of the local real estate market.
The penthouse is thought to be the largest one-level, unfinished high-rise penthouse sold in the Las Vegas Strip area: a dramatic 14,176 sq. ft. space offering panoramic views of the Strip, McCarran airport and the surrounding mountains.
The penthouse was sold to Rob and Andrea Tuttle of Florida, a family of seven who are planning to make it their home. A complete build out is expected to take about eighteen months with costs estimated in excess of three million dollars.
Another reason for the Tuttles' move to Vegas is to expand their company, Volo Recovery; Volo specializes in communications backup infrastructure for businesses during natural and other disasters. They represent other data centers, server farms, and a variety of businesses moving here for the low-cost electricity, often recruited through the Governor's Office of Economic Development. The Tuttles see Las Vegas as a base to penetrate west coast markets, without all of the taxation headaches of California.
The penthouse is thought to be the largest one-level, unfinished high-rise penthouse sold in the Las Vegas Strip area: a dramatic 14,176 sq. ft. space offering panoramic views of the Strip, McCarran airport and the surrounding mountains.
The penthouse was sold to Rob and Andrea Tuttle of Florida, a family of seven who are planning to make it their home. A complete build out is expected to take about eighteen months with costs estimated in excess of three million dollars.
Another reason for the Tuttles' move to Vegas is to expand their company, Volo Recovery; Volo specializes in communications backup infrastructure for businesses during natural and other disasters. They represent other data centers, server farms, and a variety of businesses moving here for the low-cost electricity, often recruited through the Governor's Office of Economic Development. The Tuttles see Las Vegas as a base to penetrate west coast markets, without all of the taxation headaches of California.
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