This subdivision of "futuristic" luxury housing, designed by the architectural firm of Palmer & Krisel, was the first planned residential community in Las Vegas. "They were 'Jetsons' houses," says Jack LeVine, a Realtor and mid-century-modern specialist. Today, entertainers, teachers, and professionals enjoy Paradise Palms' central location between Las Vegas's Boulevard indoor mall and National Golf Course, 2 1/2 miles from the Strip. "It was built starting in 1962. By Vegas standards, that's ancient," says Clay Heximer, a resident for two years.
For $50,000, fans of the Desert Modern look can snag a 2,000-square-foot fixer-upper or, for $400,000, find a pristine vintage house on the golf course, though prices range between $80,000 and $150,000. "The most original are the most sought-after and retain their resale value the best," LeVine says. William Krisel, who, at 87, now consults on true restorations of his firm's houses, agrees: "People contact me to remove bad additions and reduce square footage, and it pays off." Some of the houses' single-level plans make them nice for retirees, too.
Why Buy Here?
Prices have hit bottom. The neighborhood fell to renters after 1985, when owners moved out for newer construction, and since 2008, Las Vegas has waged a citywide struggle to keep squatters and parts-strippers out of homes vacated due to foreclosures. Now the tide is turning back to owner-occupied properties. Neighbors organize monthly cocktail parties that segue into education sessions on mid-century modern. Plans are afoot to add a park. "We're taking care of graffiti and working hard to keep out crime," Heximer says. In Paradise Palms, it's a citizen-led response that signals a revitalized community.
Among the best for: The West, Bargains, Fixer-Uppers, City Living, Retirees, Lots to Do, First-Time Buyers, Easy Commute