Sutton & Chase Realty Take Las Vegas’ Highest Rooftop Luxury Condominium to Market

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Listed Under

* Phil Maloof
* International Realty

* Real Estate

* Las Vegas - Nevada - US

* Services

LAS VEGAS - June 17, 2014 - PRLog -- Sutton & Chase of Synergy Sotheby’s International Realty in Las Vegas, Nevada announced today that they are presenting the 59th floor Founder’s Penthouse, owned by business mogul Phil Maloof, to market.

Exclusively offered at $38M, this one of a kind, rooftop property takes over the entire 59th floor of Palms Place tower. The expansive area took four years to build and comprises 27,000 sq. ft. of useable indoor and outdoor space. Custom features of the property include:

-7,100 sq. ft. luxury living space (including gym space, storage closets & hallways)

-360 degree unobstructed view of the entire Las Vegas valley

-Private elevator access

-3 bedrooms, 6 bathrooms, home office and full gym

-Fully furnished/turn key

-Rooftop patio access from each bedroom

-35 flat screen televisions

-Wet Bar

-Helipad capable

-30 ft. ceilings

-30 ft. projection screen

-Outdoor movie theater

-Floor to ceiling sliding glass walls providing fluid indoor/outdoor movement

-20-person Jacuzzi

-Commercial grade kitchen

-2nd story DJ booth

-Outdoor stainless steel kitchen with culinary range

-Custom gazebo

-Custom 30 ft. fireplace

-Custom 8 ft. x 9 ft. master bed

-Sitting room in Master bedroom

-Master bedroom moon roof

-Whole home remote control

-Electronic shades

-24 hr. room service capability

-1 Original Dali painting and 1 Original Picasso painting

-H1 Commercial zoning

The Founder’s Penthouse is a true event space and can host up to 500 people. It has been utilized as the premiere destination venue for the celebrity elite. As a Lifestyle Property, the rooftop penthouse is located at the top of the progressive Palms Place tower with modern conveniences including concierge, valet, restaurants, lounges, an award winning spa, fitness facilities and multiple pools. Ownership privileges of this rooftop penthouse include 24/7 access to VIP amenities, including personal concierge.

The “Sotheby’s International Realty Luxury Lifestyle Report” surveyed affluent consumers in the United States, United Kingdom, Brazil and China and found that the majority in all four countries are more likely to purchase a Lifestyle Property now than they were five years ago. Compared to five years ago, a majority of affluent consumers are more confident in the strength of the housing market.

“This research confirms the important role lifestyle plays in the purchase of a property,” said co-listing agent Lisa Sutton, VP of SSK Holdings and REALTOR© at Synergy Sotheby’s International Realty. “The luxury consumer is in a unique position to capitalize on a completely custom property, unchallenged and unparalled by anything else in the western hemisphere.”

“There is no question that now is the time for this unit to be placed on the market,” said co-listing agent Deven Chase, managing partner of Elite Homes US and REALTOR© at Synergy Sotheby’s International Realty.  “The real estate climate in Las Vegas has significantly improved and the luxury market is currently growing at a pace that we haven’t seen in a long time. Our team understands the unique attributes offered through the current state of the industry and are well-positioned to showcase our clients’ properties to a global audience of consumers.”

More information can be obtained from listing agents Lisa Sutton 702-787-8061 and Deven Chase 702-241-5065

Buyer/Buyer’s Agent to verify all information.

Synergy Sotheby’s International Realty is located at 8330 W. Sahara Ave., Suite 110, Las Vegas, Nevada 89117. The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 700 offices in 54 countries and territories worldwide. Sotheby’s International Realty listings are marketed on the global website. In addition to the referral opportunities and widened exposure generated from this source, the network’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Methodological Notes:

The Sotheby’s International Realty Survey was conducted by Wakefield Research among affluent consumers ages 25 and older with 401 interviews conducted in the U.S., and 100 interviews conducted in the UK, 101 interviews conducted in Brazil, and 102 interviews conducted in China, between January 28 and February 18, 2014, using an email invitation and an online survey.

Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 4.9 percentage points for the U.S. sample, and 9.8 percentage points in the UK and Brazil sample and 9.7 among the China sample, from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.

About Sotheby’s International Realty Affiliates LLC Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. , a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house.

The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit

Elite Homes US
Source:Elite Homes US / Synergy Sotheby’s International
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Tags:Phil Maloof, International Realty
Industry:Real Estate
Location:Las Vegas - Nevada - United States
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