Apparently not too concerned about drought.
From the New York Post:
The most expensive home to sell in Las Vegas history has closed with a $25 million price tag, property records show.
Guests approach the butterfly-roofed home up a gravel pathway to "The Canyon."
The buyer was billionaire LoanDepot founder Anthony Hsieh, a LoanDepot representative confirmed to The Post.
Las Vegas-based developer Blue Heron purchased the empty lot in late 2015 for $2 million, according to property records, and built a show home on the property to exhibit their architectural flair to prospective clients. It was completed in April 2021, according to Blue Heron.
Even though the stunning space has sold, the developer is not done with it yet. In an unusual purchase agreement, Hsieh will have limited access to the home for 36 months as he leases it back to Blue Heron for prospective client tours. Blue Heron confirmed to The Post that it has negotiated two other similar arrangements in the past.
“This is a major deal for us, and we couldn’t be more happy about the way things turned out,” Blue Heron founder and owner Tyler Jones told The Post....
....MUCH MORE
Also at the Post, something for the bargain-hunter:
Iconic Hearst estate is an ‘incredible value’ at 40% off — or $70 million
