Discount: 64%
Description:Each of the five bedrooms in this large, Mediterranean-style home has its own bath. There is also a custom kitchen with pantry, an outdoor fireplace and a master bedroom balcony with mountain and golf-course views.
The 6,500-square-foot home also boats numerous special details, such as arched french doors, carved stone fireplaces, cabinet niches and fancy tile floors.
Las Vegas real estate has been blindsided by foreclosures and severe price drops but the top-tier homes have been affected less than the average house. This house is a repossessed property, and the discount on it is huge. Little more than two years ago, it sold for more than $2.85 million and it still has an estimated value of about $1.5 million, according to Zillow.com.
For further information: Trulia
NEXT: Scottsdale, Ariz.
