Maloof's Palms Place Tower penthouse for sale at $38M

LAS VEGAS — Hello, posh! For a cool $38 million, you can own Las Vegas' most expensive home -- which also comes with its own Dali and Picasso paintings.

The penthouse at Palms Place Tower, currently owned by former New Mexico State Senator Phil Maloof, is up for grabs. The three-bedroom, five-bath home is more than 6,200 square feet -- or 27,000 if you include the balconies that surround it.

SLIDESHOW: Inside the $38 million penthouse at Palms Place Tower

It's perfect for parties, too, with a 20-person hot tub, 35 flat screens scattered throughout, DJ booth, outdoor theater and kitchen -- oh, and a spot to park your helicopter.

"The ceilings are 30 feet tall, with walls of glass to take advantage of the 360-degree views of the Las Vegas Strip. It's accessible via a private elevator, and comes fully furnished with a modern, minimalist design," according to Redfin.

Homeowners association dues are $4,481 per month, but include concierge services, a pre-arrival grocery shopping service, access to the fitness center, two free spa passes a month and discounts for The Palms' restaurants, room service, shops and services.

The unit was purchased in 2008 for $4.5 million, according to Redfin.


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