MANDARIN ORIENTAL
Las Vegas NV 89158
Tony's Point of View: One of the six buildings on CityCenter Campus that is LEED Gold Certified, the Residences at Mandarin Oriental leave nothing to be desired. This property consists of 225 stylish residences that sit above 392 hotel guest rooms. Impeccable service, breathtaking views and first-class accommodations await in this ultra-luxury Las Vegas condo development. Residents never have to leave this building to find a multitude of restaurants including fine dining restaurant Twist by Pierre Gagnaire and all day dining in MOzen (spelled correctly) Bistro. Additionally Mandarin Oriental residents can visit the Mandarin Bar on the 23rd floor or the Tea Lounge which serves a multitude of teas in a holistic atmosphere. Penthouses are available in grey shell form which allows owners to finish and furnish to their individual taste. The Spa is over 27,000 square feet and features a multitude of treatment options and rooms. Since the Residences at Mandarin Oriental are located inside CityCenter, residents enjoy a variety of shopping, restaurants and gaming options within a very short walking distance. Without a doubt a world-class property with all of the very best amenities one could imagine. As of December 31, 2011, approximately 65 units closed to date at an average of $1,128 $psf.
Closest Landmark: The Residences at Mandarin Oriental are located in the heart of the Las Vegas Strip next to Bellagio, Aria and Monte Carlo Hotel and Casinos.
| Year Opened | 2010 |
| Number of Units | 225 |
| Number of Floors | 47 |
| Average SF (excluding penthouses) | 2,100 |
| HOA Fees monthly (approx.) | $1.20 |
| Financing Available | Yes |
| Guard-gated | No |
| Full Time Security | Yes |
| New Units Available | Yes |
| Resales | Yes |
| Short Sales | Yes |
| Foreclosures | Yes |
| 2011 Average Price $psf | $1,203 |
| Assigned Parking | No |
| Units with Balconies | None |
| Amenities | |
| Pool | Yes |
| Gym | Yes |
| Spa Facilities | Yes |
| Conference Room | Yes |
| Theatre | No |
| Game Room | Yes |
| Valet Parking | Yes |
| 24 Hour Concierge/Front Desk | Yes |
The following is a list of selected recent transactions (comps) for this property.
| Date of Sale | Unit # | Sqft. | Sold For | $PSF | Notes |
| 1/26/2011 | 2608 | 2,910 | $2,732,000 | $939 | First time sale |
| 5/19/2011 | 3205 | 2,998 | $3,034,000 | $1,012 | First time sale |
| 9/23/2011 | 3711 | 1,106 | $1,173,000 | $1,061 | First time sale |
Click Here to download a historical sales report for this property.
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