Buy this Vegas penthouse, get a Picasso and a Dali original for free

Buy this Vegas penthouse, get a Picasso and a Dali original for free

By Bridget Doyle, Yahoo Homes

Even amid Las Vegas' glut of neon lights, over-the-top shows and extravagant hotels, business mogul and former New Mexico state senator Phil Maloof’s $38 million penthouse stands out.

It’s the loftiest home for sale, in terms of price and of physical placement, in a city that's constantly trying to outdo itself. And with 27,000 square feet of indoor and outdoor space, it's also one of Vegas' biggest penthouses. (Click here or on a photo for a slideshow.)

But even a residence of this magnitude can’t escape Sin City's struggling housing market. So to entice buyers into taking the condo off his hands, Maloof is throwing in something a little extra. And, in typical Las Vegas style, the something extra is far from mundane:

An original Picasso painting and an original Dali.

According to the listing agent Lisa Sutton of Sutton & Chase of Synergy Sotheby’s, the Picasso and Dali are from Maloof’s private art collection and located within the unit, but she’s tight-lipped about any other details. There will be an exclusive, invite-only broker's open house in early August, but in the meantime, she's trying to keep the paintings' identities under wraps.

The modern-design space takes the entire 59th floor of the Palms Place tower in the heart of Las Vegas. The pad comes fully furnished with lavish amenities including whopping almost three dozen flat-screen TVs, a DJ booth, an outdoor movie theater and helipad capabilities.

The lavish abode—containing three bedrooms, six bathrooms, a home office and a full gym—took four years to complete.

The complete space can host up to 500 people and is being marketed as a lifestyle property formerly utilized as a “premier destination for the celebrity elite.”

Click here or on a photo to launch a gallery of Las Vegas' most expensive residence -- which, incidentally, is more than twice as expensive as Vegas' No. 2 listing, a 21,000-square-foot mansion on 10 acres.