One Queensridge Las Vegas Luxury High Rise Condo Update

By
Real Estate Agent with Simply Vegas

For several weeks now I have been watching a bank owned One Queens Ridge Place Las Vegas Luxury High Rise condo that has been on the market since the end of September of this year. The condo is 3,100 sqft, it is located on the second floor with a strip view. Originally the condo was listed for $1,045,000 and was recently reduced down to $999,900. This is the second bank owned condo to come onto the market at One Queens Ridge place. The last bank owned High Rise condo that came onto the market at One Queen's Ridge Place was under contract within 25 days on being active on the market. That condo was a little over 2,600 sqft and was located on the 11th floor with city and mountain views. The original list price was $952,000 and it sold for $910,000 all cash.
The activity at One Queens Ridge place is interesting; there are currently 21 available Luxury high rise condos on the resale market. Prices ranging from $725,000 to over $20,000,000. I also counted out of the 21 active listings 6 are Short sale listings and 1 is bank owned. There have been a total of 8 luxury High rise condos that have sold on the resale market this year at One Queens Ridge Place. Of the 8 listings that sold 4 were short sale, 1 was bank owned (which by the way was the lowest priced that condo sold in the development) and the other 3 were non distressed listings either from the builder or owners looking to unload their property.
I look forward to seeing what the future will be for One Queens Ridge place. The developer of this project still has unsold inventory and with the distressed listings coming on to the market it does create a great buying opportunity for buyers who are interested in purchasing a high rise home at One Queens Ridge Place. In my opinion we can expect to see in the near more distressed condos come on to the market especially the more exclusive or expensive units in the various High Rise Condo project's throughout the city. If you would like to sign up to receive inventory updates for One Queens Ridge Place give me a call direct @(702) 542-1883 or send me an email to turnermakea@cox.net If you ghave not had a chance to tour any of the Luxury Hig hrise Condos at One Queens Ridge Place check out a blog that I posted last year which highlights all of the amentites and dont forget to watch the video tour

One Queens Ridge Place Video Tour

Check the List of One Queens ridge place luxury High Rise Condos that have sold this year

Sold CMA Report

Sold Full MLS Report

Here is a list of all the available One Queens ridge place condos

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