About Regency Towers condos for sale or rent in Las Vegas Country Club
If you love vintage Las Vegas and we do, then you will love Regency Tower condos for sale. Even though many units have been fully renovated, vintage condominiums with full mirrored walls and white cabinets can still be found in the first Las Vegas high rise condo tower built in 1974.
This is a 28 story building with 218 units ranging from 584-2208 square foot for the regular units. Penthouse condominiums range from 2408-5938 square foot. These Las Vegas high-rise condos for sale come as studios, one, two and three bedroom units. All condos have wrap-around balconies with awesome Strip views or golf course, Strip, mountain, city and lake views depending on the unit.
Median price appreciation rate for Regency Towers condos for sale since recovery of 2011
The median price of Regency Towers condos for sale had dropped to only $84 per square foot after many foreclosures and short sales in 2011. However condo prices have been appreciating ever since and the median price of condominiums appreciated to $123 per square foot by 2015. However it dropped to $121 in 2016.
The median prices of Regency Towers condominiums have appreciated by 43% since the recovery of 2011 which make it the 8th best appreciating Las Vegas high rise condo since recovery.
For more information see Las Vegas high-rise condo market and to see how each individual tower has performed see Las Vegas high rise condos appreciation rate since recovery of 2011
There were 23 units sold in 2016. Two 584-600 square foot studios sold for $93,000-97,000. Six 1534 square foot 1 bedroom units sold for $120,000-210,000. Thirteen 1856 square foot 2 bedroom units sold for $126,000-380,000. Two 2208 square foot 2 and 3 bedroom condominiums sold for $280,000-363,000.
Regency Towers offers community golf, concierge, valet, doorman, exercise room, pet park, recreation room, pool and spa, storage, two tennis courts, sauna, BBQ grill, assigned parking and guest hotel suites.
Condo fees or HOA fees:
HOA fees are different for each unit and range from $250-1,047 per month. Penthouse units will be higher. HOA are subject to change. Minimum rental period is 1 year
Regency Towers is a high-rise condominium community located within the Las Vegas Country Club guard gated community at 3111 Bel Air Dr. It is located just minutes from the Strip near Desert Inn Rd and Maryland Parkway. This is a golf course community that has single family homes, condominiums and the Regency Towers high-rise condominiums within the community.
Regency Towers condos for rent:
Compared to other high-rise towers in Las Vegas, there are not a lot of Regency Towers condos for rent listed in Las Vegas MLS which is a good thing. It shows that most residents are owner-occupiers there.
The rental rate for condominiums range from about $900 for 584 square foot studios and goes up to $1800 per month for 1856 square foot 2 bedroom units.