Two penthouses spanning nearly 10,000 square feet atop Soho Lofts are now for sale, offering buyers the option to purchase individually or as a combined residence for $5 million in downtown Las Vegas.
A rare opportunity has emerged in downtown Las Vegas, where two expansive penthouses atop Soho Lofts have hit the market. The connected units, located on the 15th floor at 900 Las Vegas Blvd. South, are being offered individually or together for a combined price of $5 million, according to listing broker Marissa Anderson of NV Broker & Associates.
Owner Joon Moon of Vancouver, Washington, acquired the two condos in 2010, during a period when Las Vegas real estate values had sharply declined. At the time, the units were unfinished, purchased in what is known as grey shell condition for a combined $760,750. Moon later completed the interiors, transforming the raw spaces into finished, high-ceiling penthouses.
Inside the Soho Lofts Penthouses
The two-story condos, units 1507 and 1508, collectively span 9,550 square feet and are connected internally, though each retains its own private entrance. Unit 1507 measures 4,344 square feet and features a private movie theater and bar, while unit 1508 covers 5,206 square feet and includes a main bedroom designed as a spa-like retreat. Both units boast 24-foot ceilings and dual zoning for residential or commercial use, allowing for flexible living or business arrangements.
From the exterior, the penthouses appear as separate residences, but inside, they function as a single, expansive home if purchased together. The units are also available individually, with asking prices of $2.5 million and $2.6 million, respectively.
Downtown Las Vegas Real Estate Context
Soho Lofts is a 16-story residential tower with ground-floor retail, developed by Sam Cherry during the mid-2000s real estate boom. The building sits at the intersection of Las Vegas Boulevard and Hoover Avenue, anchoring a section of downtown that has seen renewed interest from buyers and investors in recent years.
Moon’s purchase in 2010 came at a time when Las Vegas was still recovering from the effects of the housing crash. According to Anderson, the original listing for one of the units in 2010 showed an unfinished space with exposed concrete and visible pipes, priced at $425,000. The transformation of these units into luxury penthouses reflects broader trends in downtown redevelopment and the return of high-end residential demand.
Market Trends and Buyer Options
The dual zoning of the penthouses means buyers could use the space for residential living, commercial purposes, or a combination of both. This flexibility is increasingly attractive in downtown Las Vegas, where mixed-use developments are gaining traction. The listing comes as other downtown properties, such as the Plaza Hotel & Casino, have also introduced new amenities to attract buyers and visitors, as seen with the recent launch of a high-limit slot room highlighted in local coverage.
For those interested in a large, customizable space in the heart of downtown, the Soho Lofts penthouses represent one of the largest combined condo offerings currently available in the area. Interested parties can contact Marissa Anderson for further details or to arrange a viewing.