Best of Both Worlds
You may think you need to hit a multimillion-dollar jackpot to be able to afford a two-story luxury penthouse in Las Vegas, but Juhl Penthouse 1406 in downtown Las Vegas offers you upscale living without breaking seven figures.
Floor-to-ceiling windows and a spacious balcony let you take in the cityscape and those fabulous desert sunsets in this loft-style penthouse. These massive windows span both floors for a total of 21 feet in height in the dining and living areas. The open concept kitchen flows into the downstairs living area, making this the ideal space for entertaining. Modern finishes like white quartz countertops, Grohe fixtures and industrial hardware give an up-to-date feel, while sleek chocolate cabinets provide a balancing warmth.
Embrace indoor-outdoor living in a city that calls for terrace parties on warm summer nights that last for easily half the year.
The airy open concept is highlighted by light-colored wood plank porcelain tile floors, which flow throughout the residence. While Juhl’s penthouse exudes openness in the common areas, the bedrooms are restful retreats with custom blackout window treatments. The property includes two bedrooms and two and a half baths plus environmentally-friendly features like Nest Smart Thermostats and low-emission window glass.
The master suite features plenty of room for a sitting area, a spacious walk-in closet with ample storage features and a luxurious soaking tub. Also upstairs is a second bedroom with its own walk-in closet, a den and flexible loft space ideal for an office or media room.
This 1,944-square-foot residence offers the size of a single-family home with the unbeatable amenities of condominium life. Juhl features retail including a health food restaurant open for breakfast, lunch and dinner, a speakeasy, a co-op working lounge and even a CrossFit gym. Outdoors, there’s a resort-style pool with cabanas and nearby grilling area, a 10th floor deck with Strip views and even an outdoor movie theater. If you’re looking to make the move to Las Vegas, this penthouse is a sure bet.
353 Bonneville Ave., $892,900. 702.816.5466
More With Less
Tiny houses aren’t the only homes where residents should maximize space. The shift toward a less-is-more mentality is continuing on into 2020 as home buyers seek to increase space and decrease clutter via both multi-purpose furnishings and design elements. Features like modernized Murphy beds that can be tucked away and furniture including storage benches can bring multi-functional spaces to life with minimal effort. A playroom by day can become an entertaining space with just a bit of creative cabinetry.
Trending Tile
Hardwood floors were once the coveted amenity in a home. While hardwoods are still beautiful, modern builders and renovators are opting for tile, including tile that looks like hardwoods. Get the beauty without the fuss. Wood plank tile floors are durable, easier to clean and maintain, plus dog owners no longer have to worry about scratches from Fido. Ideal for the hot Vegas temperatures that can dry out and crack wood, tile is the less-stress flooring option you need to consider.
Uri Vaknin
Expert Look: Uri Vaknin
“Real estate has been in my blood,” says Uri Vaknin, owner and investor of a condominium portfolio in Las Vegas, and partner in private equity firm KRE Capital. “I grew up in real estate. My uncle was a property owner and developer … and when I was a kid, I used to spend the summers helping him out.”
After years in real estate on the East Coast, Vaknin brought his talents to Las Vegas to work with high-rise condos in the KRE Capital portfolio, including The Ogden and Juhl in Downtown Las Vegas and One Las Vegas on the south Strip.
One amenity Vaknin cannot stress enough is the swimming pool. “In Las Vegas, the pool is your second living room,” he said. “When people look to buy a condo in Las Vegas, they want a fabulous pool. The first thing we did when we bought these buildings was really enhance the pool. At One Las Vegas, the whole concept was an oasis in the desert.”
With resort-style amenities like that, Vaknin shrewdly points out now is the time to buy because, “Compared to other major markets like California and New York, we are still an unbelievable value. You can buy a giant three-bedroom condo for what you would pay for a studio or one-bedroom in any of those markets.”
