Скачать или смотреть Vegas Mansion Left Empty for 25 Years?! 😳 | Lovelife Real Estate Update #3

Vegas Mansion Left Empty for 25 Years?! 😳 | Lovelife Real Estate Update #3

Welcome back to Lovelife Real Estate Update #3. Today we’re spotlighting downtown Las Vegas and its high-rise condo market.

In DTLV, active high-rise listings are as follows:
• SoHo: 5 units
• Newport: 3 units
• Ogden: 13 units
• Juhl: 27 units
And don’t forget Turnberry Towers, currently with 26 active units on the market.

Now, for the zany story: There’s a Las Vegas mansion valued at around $25 million that sat empty for 25 years. Yes, 25! Despite its prime location and luxury finishes, it remained unoccupied. That goes to show — owning real estate isn’t just about glamour; it’s about active utility, market demand, and smart management.

Which brings me to today’s buyer tip: Beware of low HOA fees. On paper, a condo with very low monthly HOA dues might look like a bargain. But here’s the catch: low HOA fees often mean deferred maintenance, underfunded reserves, or surprise assessments down the road.

Before you pull the trigger:
1. Ask for the HOA’s reserve study — see how well they’re funding long-term maintenance.
2. Review their prorated “special assessment” history — past assessments are predictive.
3. Check the monthly budget and financial statements — does the HOA collect enough to keep the building healthy?

A condo with average or moderate HOA fees, but stable reserves and good financial discipline, can be a smarter long-term play than one with rock-bottom dues today that’s neglecting key systems.

If you want a full list of condo units in DTLV or Turnberry, DM me “DTLV” or “Turnberry” and I’ll send you the live stats. That’s your Update #3 — stay tuned for more. I’m Laurince Lovelife, helping you navigate luxury in Las Vegas.”

Thinking about buying or selling in Las Vegas?
📩 DM or comment “DTLV” or “Turnberry” for a complete list of active high-rise condos under $1 Million.

That’s your Update #3 — stay tuned for more. I’m Laurince Lovelife, helping you navigate luxury in Las Vegas.”

Laurince Lovelife | REALTOR® | S.0184078
Executive Realty Services
📍 Downtown Las Vegas • Condos | Lofts | High-Rises
📲 Instagram | TikTok | YouTube: @LovelifeRENow