NOT LISTED FOR SALE

Estimated Value: $7,249,000 - $11,626,848

6 Beds
8 Baths
10,181 Sq Ft
$860/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $11,000,000 $1,080 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $51,411/month

191 Days on Market

Highlights

  • Golf Course Community
  • Country Club
  • Garage Cooled
  • Judy & John L. Goolsby Elementary School Rated A-
  • Fitness Center
  • In Ground Pool

About This Home

As of May 2023

Timeless and tasteful, this stunning 10,180 sqft estate sits on a 1/2 acre behind the guarded gates of the single-story restricted Indigo neighborhood in The Ridges. Step inside this magnificent property which has been completely redesigned w/ finest quality finishes and experience luxury living at its finest. The open concept floor plan features a Calcutta fireplace wall. The left wing features the primary suite, three additional en-suite guest rooms & an office. The lower level of the home has been completely reimagined from its original form, including an additional 2,000 sqft of living space. Complete w/ a wine cellar, gym, sauna, den, formal media room & 2 additional guest rooms, this home truly has it all. The immaculately landscaped backyard is a paradise featuring a fifty five foot long pool w/ a center island for lounging, water features, a fire pit, a full outdoor kitchen & sport court. No detail spared, 42 crested cloud sets a new bar in defining luxury homes in The Ridges.

Last Agent to Sell the Property

Madison Blau

IS Luxury License #BS.0145133 Listed on: 10/25/2022

Last Buyer's Agent

Anthony Spiegel

Lusso Residential Sales & Inv License #BS.0145405

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,772

Year Built

  • Built in 2018

Lot Details

  • 0.51 Acre Lot
  • South Facing Home
  • Dog Run
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Artificial Turf
  • Fruit Trees
  • Property is in excellent condition

HOA Fees

Parking

  • 6 Car Attached Garage
  • Garage Cooled
  • Parking Storage or Cabinetry
  • Workshop in Garage

Home Design

  • Custom Home
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 10,181 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Tinted Windows
  • Drapes & Rods
  • Great Room
  • Basement

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Laundry Cabinets
  • Gas Dryer Hookup

Home Security

  • Security System Owned
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Windows
  • Sprinkler System

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Courtyard
  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Goolsby Elementary School
  • Fertitta Frank & Victoria Middle School
  • Durango High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities
  • 220 Volts in Garage
  • Water Purifier
  • Water Softener is Owned

Community Details

Overview

  • Association fees include management, security
  • The Ridges Association, Phone Number (702) 869-0937
  • Summerlin Village 18 Parcel I Indigo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community
  • Country Club
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,772

Year Built

Built in 2018

Lot Details

0

HOA Fees

$715 per month

Parking

6

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Subdivision Name: Summerlin Village 18 - Parcel I Indigo
  • Directions: WEST ON DESERT INN, LEFT ON FLAMINGO, FIRT RIGHT O THE RIDGES GUARD GATE, RIGHT INTO INDIGO DEVELOPMENT, LEFT ON CRESTED CLOUD
  • Architectural Style: One Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 2018
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2018

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground, Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Softener Owned, Warming Drawer, Water Purifier, Wine Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Possible Bedrooms: 11
  • Total Bedrooms: 6
  • Fireplace Features: Gas, Great Room, Primary Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Window Treatments, Central Vacuum
  • Living Area: 10181.0
  • Dining Room Type: Basement
  • Window Features: Double Pane Windows, Drapes, Insulated Windows, Tinted Windows, Window Treatments

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: 1/4 to 1 Acre Lot, Drip Irrigation/Bubblers, Fruit Trees, Landscaped, Synthetic Grass
  • Pool Features: In Ground, Private, Salt Water, Association, Community
  • Pool Private: Yes
  • View: None
  • View: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Barbecue, Courtyard, Dog Run, Patio, Private Yard, Sprinkler/Irrigation
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features: Air Conditioned Garage, Attached, Garage, Private, Shelves, Workshop in Garage

Utilities

  • Laundry Features: Cabinets, Gas Dryer Hookup, Main Level, Laundry Room, Sink
  • Security: Security System Owned, Fire Sprinkler System, Gated Community
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None, 220 Volts in Garage
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Basketball Court, Country Club, Fitness Center, Golf Course, Gated, Park, Pool, Guard, Security, Tennis Court(s)
  • Association #2 Fee: 405.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: The Ridges
  • Phone: 702-869-0937
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 255.0

Fee Information

  • Association Fee Includes: Association Management, Security

Schools

  • Elementary School: Goolsby, Judy & John,Goolsby, Judy & John
  • High School: Durango
  • Middle Or Junior School: Fertitta Frank & Victoria

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 22216.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 44772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Apr 28, 2023
Sold by
Pacioretty Maximilian and Pacioretty Ekaterina
Bought by
Soto Ronald R and Soto Janis C
Seller's Agent
Madison Blau
IS Luxury
Buyer's Agent
Anthony Spiegel
Lusso Residential Sales & Inv
List Price
$11,999,000
Sold Price
$11,000,000
Premium/Discount to List
-$999,000
-8.33%
Total Days on Market
191
Views
601
Current Estimated Value
$8,759,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,240,288
Avg. Annual Appreciation
-10.37%

Purchase Details

Closed on
Aug 6, 2021
Sold by
Pietrangelo Alex and Pietrangelo Jayne
Bought by
Pacioretty Maximilian and Pacioretty Ekaterina

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 28, 2020
Sold by
Marretti Franko J
Bought by
Pietrangelo Alex and Pietrangelo Jayne
Seller's Agent
Teresa Marretti
Simply Vegas
Buyer's Agent
Ivan Sher
IS Luxury
List Price
$6,187,000
Sold Price
$6,000,000
Premium/Discount to List
-$187,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
May 28, 2019
Sold by
Marretti Franko Jiovonni
Bought by
Marretti Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.46%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 2019
Sold by
Marretti Teresa
Bought by
Marretti Franko Jiovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.46%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2016
Sold by
Howard Hughes Properties Inc
Bought by
Marretti Franko J and The Marretti Family Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Soto Ronald R $11,000,000 Chicago Title
Pacioretty Maximilian $6,400,000 Chicago Title Las Vegas
Pietrangelo Alex $6,000,000 Fidelity National Title
Marretti Family Trust -- Ticor Title Las Vegas
Marretti Franko Jiovanni -- Fidelity National Title
Marretti Franko Jiovanni -- Fidelity National Title
Marretti Franko J $800,000 Nevada Title Las Vegas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacioretty Maximilian $2,500,000
Previous Owner Marretti Franko Jiovanni $3,000,000
Previous Owner The Maretti Family Trust $1,000,000
Previous Owner The Marretti Family Trust $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $11,000,000 -8.3% $1,080 / Sq Ft
10/25/2022 10/25/22 For Sale $11,999,000 +100.0% $1,179 / Sq Ft
11/02/2020 11/02/20 Sold $6,000,000 -3.0% $721 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $6,187,000 -- $744 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $50,493 $1,934,736 $490,000 $1,444,736
2024 $46,115 $1,934,736 $490,000 $1,444,736
2023 $48,353 $1,689,874 $420,000 $1,269,874
2022 $44,772 $1,553,485 $350,000 $1,203,485
2021 $41,455 $1,413,405 $280,000 $1,133,405
2020 $38,553 $1,393,701 $280,000 $1,113,701
2019 $5,246 $280,995 $280,000 $995
2018 $5,005 $263,664 $262,500 $1,164
2017 $9,272 $315,000 $315,000 $0
2016 $4,683 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2449409

Las Vegas REALTORS®

APN: 164-23-116-006