Condos on the Las Vegas Strip
Looking to buy a luxury condo on the Las Vegas strip? Looking for prices on Condos on the Las Vegas Strip? Prices have generally been on the rise since the market collapsed in 2008. High rise condos have not increased in value as much as single family homes have after the collapse, so they have quite a bit of room to rise. Replacement cost for high-rise units are $350-$450/sq ft, so there are plenty of luxury condos selling for well below replacement. Here are some condominium developments with various prices:
Las Vegas High-Rise Condos on the Strip
Sky Las Vegas – Sky Las Vegas is located on Las Vegas Blvd and is on the north end of the Las Vegas strip across from FontaineBleau and next to the Circus-Circus and Riviera casinos. Sky Las Vegas has units of all sizes ranging from studio apartments to large sky suite penthouses. Properties at the Sky Las Vegas start at around $185,000 for a 778 SQ FT unit (smallest unit available). 980 SQ Ft units begin at around $230,000. A large 5,184 SQ ft penthouse in Sky Las Vegas could be bought for around $3,750,000+. 2997 SQ Ft penthouses can be bought for $1,800,000.
The Sky Las Vegas address is 2700 Las Vegas Blvd
Allure Las Vegas – Allure Las Vegas is a high-rise condominium located a bit further north on the Las Vegas Strip than Sky Las Vegas. It is closest to the Sahara casino and the Stratosphere. Individual condominiums start at around $165,000 for ~1,000 Sq ft units. Larger 4,000+ SQ ft penthouses can be bought for around $1,700,000.
The Allure Las Vegas address is 200 West Sahara Ave
Veer Towers – The Veer Towers are two identical cross leaning high-rise residential condominiums located on the MGM City Center project. The Veer Towers are located in the heart of the Las Vegas strip across from the Planet Holywood casino and next Bellagio casino. Small 500-600 SQ ft studio condos start at around $450,000 to $550,000. Small 1 bedroom 758 SQ ft condos fetch upwards of $650,000. Penthouses are over 7 figures. Unlike Allure and Sky Las Vegas though, the Veer Towers are located in a much more desirable part of Las Vegas – the center, right near Cosmopolitan and Aria
The Veer Towers address is 3600 South Las Vegas Boulevard
Vdara – The Vdara is a condo-hotel located on the luxurious MGM city center project. Like the Veer Towers, it is located in the heart of Las Vegas across from the Planet Hollywood. Like other condo-hotels, units inside of the Vdara come per-furnished with modern décor, an HDTV, cable service and many more nice amenities. Units begin at around $520,000 for 526 SQ ft studios and go as high as $1,600,000 for 1389 SQ ft penthouses.
The Vdara address is 2551 West Harmon Avenue
Mandarin Oriental – The Mandarin Oriental is the most luxurious condo development on the Las Vegas Strip. The condominium residence is rated 5 stars and features some of the most luxurious amenities. It is located on the same MGM City Center project that Vdara and Veer Towers are at. Like the Vdara, the Mandarin Oriental is a condo-hotel which comes per-furnished with stylish décor. The smallest 1 bedroom condominiums start at $1,000,000 and the larger ones go as high as $8,000,000. The Mandarin Oriental is THE most luxurious condo on the Las Vegas Strip and is located on the most prime real-estate.
The Mandarin Oriental address is 3752 Las Vegas Boulevard
These are currently the ONLY Condominiums located on the Las Vegas Strip. Realtors may tell you that the Signature MGM Grand Condos and Trump Towers Las Vegas are also considered “on the strip”, but they are not. Both the MGM Signature Grand condos and Trump Towers Las Vegas are considered off the strip, even though they are very close. These high rise condos on the Las Vegas Strip could prove to be very good investment property in Las Vegas, as if the economy rebounds, they will likely appreciate in value faster than regular single family homes.