The Ridges | 2022-2023 Sales | IS LUXURY

Page 1

THE RIDGES 2022 - 2023

LUXURY REAL ESTATE MARKET REPORT

January 2022 to December 2023: The Ridges, Las Vegas

1

I S LU X U R Y. C O M


2

I S LU X U R Y. C O M


2


THE RIDGES, LAS VEGAS

In 2023, a total of 71 homes were sold in The Ridges.

In 2022, a total of 55 homes were sold in The Ridges.

• 22 homes sold under $2 million dollars.

• 10 homes sold under $2 million dollars.

• 12 homes sold between $2 - $3 million dollars.

• 15 homes sold between $2 - $3 million dollars.

• 22 homes sold between $3 - $5 million dollars.

• 16 homes sold between $3 - $5 million dollars.

• 15 homes sold for over $5 million dollars.

• 14 homes sold for over $5 million dollars.

The highest sale for 2023

The highest sale for 2022

$15,950,000

$12,500,000

All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage should be verified by your own attorney, architect or zoning expert. Data sourced from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic.

3

THE RIDGES

2022 & 2023 SNAPSHOT

I S LU X U R Y. C O M


THE RIDGES AREA:

793 ACRES

FOUNDED: 2000

PROMONTORY TOPAZ RIDGE ARROWHEAD RIM ROCK REDHAWK BOULDER RIDGE AZURE INDIGO SILVER RIDGE STERLING RIDGE FARIWAY HILLS TALON RIDGE

4


PROMONTORY

THE RIDGES

• PROMONTORY RIDGE DRIVE

• GOLDEN SUNRAY LANE

• SABLE RIDGE COURT

• ECHO PEAK LANE

• PROMONTORY POINTE LANE

• MORNING SKY LANE

• MISTY PEAKS COURT

• WILD RIDGE COURT

• FALCON VIEW COURT

Promontory is one of the first-established neighborhoods in The Ridges. Promontory custom estates range in size from 6,000 to over 20,000 square feet. Most homesites offer a view of the Bear’s Best course and the Las Vegas Strip. Comprise of 65 homes, lot sizes range from half an acre or more. The neighborhood also offers its own private park and walking trails. Triple gated, The Pointe at Promontory is considered the most exclusive neighborhood in The Ridges. Situated on the most elevated land within The Ridges, the 12 custom homes in this neighborhood offer the most magnificent views.

COMMUNITY SNAPSHOT

65

34,540

TOTAL CUSTOM HOMES

SALES SNAPSHOT

09

AVERAGE LOT SIZE (SQFT)

6,905,556

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

5

8,549

788

$

AVERAGE PRICE PER SQ FT


5 ECHO PARK LANE SOLD: $9,600,000 | 06.20.2022

15 WILD RIDGE COURT

10,588 SQFT OR $907/SQFT

SOLD: $6,200,000 | 08.22.2023

14 PROMONOTORY RIDGE DRIVE

9,913 SQFT OR $625/SQFT Ec ho

n kL ea

5 PROMONTORY POINTE LANE

SOLD: $8,000,000 | 07.20.2022

P

LISTING PRICE: $22,450,000 Pro m o

14,518 SQFT OR $1,546/SQFT

y or nt

10 WILD RIDGE COURT

12,345 SQFT OR $648/SQFT

LISTING PRICE: $6,750,000

14 PROMONOTORY RIDGE DRIVE

8,235 SQFT OR $820/SQFT

n eL int Po

LISTING PRICE: $8,995,000 12,345 SQFT OR $729/SQFT

Pr om

ry to on r eD dg Ri

Pr om

SOLD: $5,850,000 | 02.25.2022

id Promontory R

tory Poin te on Ln

55 PROMONTORY RIDGE DRIVE

Ct iew nV lco Fa

Dr dge ry Ri Promonto

ge

8,388 SQFT OR $697/SQFT

idg e

Ct

Ri dg eD r

Pr om on to

Dr

Prom ont ory

W ild R

7 MORNING SKY LANE

ry

r eD dg Ri

5 PROMONTORY RIDGE DRIVE

SOLD: $4,600,000 | 03.10.2022

SOLD: $11,750,000 | 12.16.2022

M or nin g

21 MORNING SKY LANE 7,175 SQFT OR $696/SQFT

Sa

ble Rid ge Ct

Ln

G ol n

S

SOLD: $5,325,000 | 03.17.2023

ra y

16 WILD RIDGE COURT Dr

SOLD: $5,600,000 | 01.31.2023

11 MISTY PEAKS COURT Su nr ay

SOLD: $5,225,000 | 10.06.2023

L

8,940 SQFT OR $584/SQFT

n

12

o ne

Ln

Go ld en

6,968 SQFT OR $764/SQFT

St

t or

ge id yR

5,439 SQFT OR $1,030/SQFT

de

31 GOLDEN SUNRAY LANE

Promon

ge

eaks Ct ty P Mis un

D

r

Dr

Morni ng Sk

y

idg e

d Ri

13

LISTING PRICE: $4,995,000

10,621 SQFT OR $1,106/SQFT to ry R

on

Sk yL

Morning Sky Ln

n

om Pr

6,311 SQFT OR $729/SQFT

n yL

Go lde nS unr a

14 MISTY PEAKS COURT

IS LUXURY SALE

LISTING PRICE: $5,800,000

ACTIVE / PENDING

7,747 SQFT OR $478/SQFT

SOLD VAC A N T LOT

RED ROCK

14

THE STRIP

6


TOPAZ RIDGE • CROSS RIDGE STREET

• IRON RINGS COURT

• TAPADERO LANE

• WINDSTONE RIDGE COURT

THE RIDGES

• PANORAMA CREST AVENUE

Topaz Ridge is a unique neighborhood in The Ridges that was developed by William Lyon Homes. All the semi-custom luxury homes in Topaz Ridge have a single-story design. The homes are spacious, featuring courtyards, casitas and outdoor kitchens. The lot sizes start at 1/3 of an acre.

COMMUNITY SNAPSHOT

89

15,393

TOTAL NON-CUSTOM HOMES

SALES SNAPSHOT

10

AVERAGE LOT SIZE (SQFT)

2,513,050

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

7

3,787

658

$

AVERAGE PRICE PER SQ FT


84 TAPADERO LANE

3 CROSS RIDGE STREET

LISTING PRICE: $2,750,000

SOLD: $1,627,500 | 04.06.2023

3,421 SQFT OR $804/SQFT

3,421 SQFT OR $476/SQFT

RED ROCK

84 TAPADERO LANE

THE STRIP

17

SOLD: $2,499,000 | 05.27.2022 3,421 SQFT OR $730/SQFT ro Ln ade Tap

Ta p

o er ad

Ln ro de pa Ta

Ct

SOLD: $2,200,000 | 10.25.2023 3,268 SQFT OR $673/SQFT

Ln

t eS idg sR os Cr

Iro nR ing s

St ge Rid ss Cro

Ln ro de pa Ta

27 TAPADERO LANE

25 CROSS RIDGE STREET SOLD: $2,190,000 | 03.07.2022

a

e Av

ve rest A ama C Panor

an

ora ma Cre st A ve

Cro s s C

on ny

e s Ridg St Cros

Windsto ne Rid ge Ct

4,179 SQFT OR $524/SQFT

P

24 PANORAMA CREST AVENUE SOLD: $2,795,000 | 06.03.2022 3,421 SQFT OR $817/SQFT Panorama Crest Ave

35 PANORAMA CREST AVENUE SOLD: $3,150,000 | 09.22.2023

18

4,380 SQFT OR $719/SQFT 35 PANORAMA CREST AVENUE

16

SOLD: $2,300,000 | 12.15.2022 68 PANORAMA CREST AVENUE

4,380 SQFT OR $525/SQFT

SOLD: $2,800,000 | 04.04.2022 3,421 SQFT OR $818/SQFT 67 PANORAMA CREST AVENUE SOLD: $2,669,000 | 10.17.2023 4,399 SQFT OR $607/SQFT

39 PANORAMA CREST AVENUE SOLD: $2,900,000 | 04.04.2022 4,173 SQFT OR $695/SQFT

8


ARROWHEAD

THE RIDGES

• PAINTED FEATHER WAY

Arrowhead is an exclusive luxury neighborhood featuring expansive custom home sites on 2/3 to over an acre lots. Arrowhead is a one street neighborhood that contains some of the biggest custom homes in The Ridges.

COMMUNITY SNAPSHOT

25

31,520

TOTAL CUSTOM HOMES

SALES SNAPSHOT

02

AVERAGE LOT SIZE (SQFT)

10,725,000

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

9

6,943

1,006

$

AVERAGE PRICE PER SQ FT


15

7 PAINTED FEATHER WAY SOLD: $15,950,000 | 09.29.2023 12,162 SQFT OR $1,311/SQFT

Painted F eath er W ay

P

ai nt

ed

F e at

her Way

Painted Feather Way

Pain ted Fe

11

ather Way

ay P ain rW ted Feathe

10

IS LUXURY SALE ACTIVE / PENDING

15 PAINTED FEATHER WAY

SOLD

SOLD: $5,500,000 | 04.14.2022

VAC A N T LOT

RED ROCK

7,843 SQFT OR $701/SQFT

THE STRIP

10


RIM ROCK • RIDGE BLOSSOM ROAD

THE RIDGES

• QUIET MOON LANE

True luxury is found in the secluded Rimrock neighborhood. The 19 expansive homesites provide an opportunity for awe-inspiring vistas. Some of these homes were featured in The Parade of Homes – an event with a long-standing tradition of displaying a variety of spectacular homes. The living space of Rimrock luxury homes range from 5,400 sq. ft. up to 18,000 sq. ft., which are some of the largest homes in The Ridges.

COMMUNITY SNAPSHOT

19

37,209

TOTAL CUSTOM HOMES

SALES SNAPSHOT

02

AVERAGE LOT SIZE (SQFT)

5,250,000

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

11

8,307

592

$

AVERAGE PRICE PER SQ FT


13

IS LUXURY SALE ACTIVE / PENDING SOLD VAC A N T LOT

12

14

Rid ge Bl os so m

Rd

Rid ge Bl os so m Rd

28 QUIET MOON LANE SOLD: $4,800,000 | 11.21.2022 9,221 SQFT OR $520/SQFT

Ri dg eB lossom Rd

Qu iet Mo

e Blossom R d Ridg

on Ln

10 RIDGE BLOSSOM ROAD SOLD: $5,700,000 | 03.03.2022 RED ROCK

THE STRIP

8,585 SQFT OR $664/SQFT

12


REDHAWK • HAWK RIDGE DRIVE

THE RIDGES

• SOARING BIRD COURT

• SKYBIRD COURT

Overlooking the lush golf course and Strip, Redhawk features 81 exclusive custom home sites on oversized lots. Redhawk is one of the only neighborhoods in The Ridges that contains its own private park. The lot sizes of the properties in this neighborhood vary from one-third of an acre up to one acre. The luxury homes range from one-story to three-story floor plans.

COMMUNITY SNAPSHOT

81

23,270

TOTAL CUSTOM HOMES

SALES SNAPSHOT

10

AVERAGE LOT SIZE (SQFT)

7,874,900

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

13

7,126

995

$

AVERAGE PRICE PER SQ FT


70 HAWK RIDGE DRIVE

46 SOARING BIRD COURT

20 SOARING BIRD COURT

SOLD: $4,000,000 | 02.17.2022

SOLD: $4,500,000 | 01.25.2023

SOLD: $10,000,000 | 06.02.2023

5,856 SQFT OR $683/SQFT

4,995 SQFT OR $901/SQFT

IS LUXURY SALE ACTIVE / PENDING

6,698 SQFT OR $1,493/SQFT

SOLD

11

4 SOARING BIRD COURT

90 HAWK RIDGE DRIVE

VAC A N T LOT

SOLD: $12,500,000 | 02.17.2022

SOLD: $6,500,000 | 11.30.2021

9

10,800 SQFT OR $1,157/SQFT

8,186 SQFT OR $794/SQFT 44 HAWK RIDGE DRIVE SOLD: $11,400,000 | 03.28.2022

10 Soaring B ird

10,609 SQFT OR $1,075/SQFT

Ct Soa ring Bird C t

aw

Hawk Ridge D r Skybird Ct

H

Haw k Rid ge Dr

k Ridge Dr

bird Sky

Sk

Skybird Ct

Ct bird Sky

ng Bird Ct ari So

Hawk R idge Dr

Soarin gB ird Ct

e dg Ri wk Ha

Haw kR idge Dr

Dr

Hawk Ridge Dr

e Dr Ridg Hawk

Ct

y bir d

8

Ct

15 HAWK RIDGE DRIVE SOLD: $6,800,000 | 04.12.2021 10,194 SQFT OR $667/SQFT

91 HAWK RIDGE DRIVE

49 HAWK RIDGE DRIVE

27 HAWK RIDGE DRIVE

SOLD: $9,000,000 | 04.08.2022

LISTING PRICE: $13,999,999

8,639 SQFT OR $1,042/SQFT

7,249 SQFT OR $1,931/SQFT

SOLD: $6,099,000 | 06.05.2023 9,429 SQFT OR $647/SQFT 7 SKYBIRD COURT SOLD: $8,250,000 | 01.20.2022 8,593 SQFT OR $960/SQFT

57 HAWK RIDGE DRIVE SOLD: $8,000,000 | 06.15.2023 7,032 SQFT OR $1,138/SQFT

RED ROCK

THE STRIP

14


BOULDER RIDGE • MIDNIGHT RIDGE DRIVE

• BOULDER ROCK CIRCLE

THE RIDGES

• LOOKOUT RIDGE DRIVE

Boulder Ridge is a neighborhood that was built by a renowned and multi-awarded luxury home builder, Christopher Homes. It contains semi-custom luxury homes with contemporary designs. The sizes of the luxury homes in this community range from 4,000 sq. ft. up to 6,000 sq. ft.

COMMUNITY SNAPSHOT

46

17,140

TOTAL NON-CUSTOM HOMES

SALES SNAPSHOT

06

AVERAGE LOT SIZE (SQFT)

3,710,833

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

15

4,906

786

$

AVERAGE PRICE PER SQ FT


8 MIDNIGHT RIDGE DRIVE

Looko ut R idg eD r

SOLD: $3,625,000 | 10.14.2022

SOLD: $2,995,000 | 07.18.2023 4,379 SQFT OR $684/SQFT

er

Cr os sin g

Cir

4,933 SQFT OR $735/SQFT

6 BOULDER CROSSING CIRCLE

Midnight Ridge

THE STRIP

ACTIVE / PENDING

d

22 MIDNIGHT RIDGE DRIVE 5,672 SQFT OR $749/SQFT

Haw kR idg eD r

44 MIDNIGHT RIDGE DRIVE SOLD: $4,990,000 | 06.03.2022

Mid nig ht R id

IS LUXURY SALE

ul

SOLD: $4,250,000 | 11.30.2023

ge Dr

RED ROCK

Dr

Midnight Ridge Dr

Bo

5,096 SQFT OR $979/SQFT

SOLD 7

Midnight Ridge D r

VAC A N T LOT

Mi dn igh tR idg eD r

11 BOULDER ROCK CIRCLE er

d

4,007 SQFT OR $618/SQFT

SOLD: $3,005,000 | 11.06.2023

Bo ul

SOLD: $2,475,000 | 05.27.2021

7 BOULDER ROCK CIRCLE

R o ck Cir

4,090 SQFT OR $735/SQFT

16


FALCON RIDGE • MEADOWHAWK LANE

THE RIDGES

• WILDWING COURT

Elevated custom estates offer striking views of the Las Vegas Strip surround the lush fairway of Bear’s Best Las Vegas in Falcon Ridge. The intimate neighborhood features two streets with 60 well-appointed custom homes.

COMMUNITY SNAPSHOT

60

17,126

TOTAL CUSTOM HOMES

SALES SNAPSHOT

04

AVERAGE LOT SIZE (SQFT)

4,568,500

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

17

5,975

780

$

AVERAGE PRICE PER SQ FT


26 MEADOWHAWK LANE SOLD: $5,000,000 | 06.23.2022 ACTIVE / PENDING

6,656 SQFT OR $751/SQFT

SOLD

26 MEADOWHAWK LANE SOLD: $4,999,000 | 05.18.2023

VAC A N T LOT

6,656 SQFT OR $751/SQFT 70 MEADOWHAWK LANE SOLD: $4,375,000 | 07.28.2023

8

4,258 SQFT OR $418/SQFT

Ln hawk dow Mea

k haw dow Mea

Ln

n whawk L Meado

L awk n wh do ea M

awk wh ado Me

Ln

awk Ln dowh Mea

M ea do wh aw kL n

wk Ln Meadowha

t Wildwing C

27 MEADOWHAWK LANE LISTING PRICE: $6,750,000 Ct ing dw Wil

Wild wing Ct

7,725 SQFT OR $874/SQFT

Wildwing Ct

48 WILDWING COURT SOLD: $3,900,000 | 06.14.2023 6,588 SQFT OR $592/SQFT

68 WILDWING COURT RED ROCK

THE STRIP

LISTING PRICE: $6,750,000 7,725 SQFT OR $874/SQFT

18


AZURE

THE RIDGES

• SUN GLOW LANE

• MORNING GLOW LANE

• BRIGHT HOLLOW COURT

• NIGHT SONG WAY

• MAGIC STONE LANE

• FLYING CLOUD LANE

• DRIFTING SHADOW WAY

Azure is one the newest custom home neighborhood in The Ridges. The lot sizes of the properties in Azure vary from one-fourth of an acre to more than one acre.

COMMUNITY SNAPSHOT

115

20,382

TOTAL CUSTOM HOMES

SALES SNAPSHOT

13

AVERAGE LOT SIZE (SQFT)

5,832,077

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

19

6,580

892

$

AVERAGE PRICE PER SQ FT


19 MORNING GLOW LANE

7 MORNING GLOW LANE

SOLD: $5,250,000 | 06.08.2023

IS LUXURY SALE

SOLD: $4,250,000 | 07.19.2023

5,671 SQFT OR $926/SQFT

ACTIVE / PENDING

4,687 SQFT OR $907/SQFT

RED ROCK

THE STRIP

SOLD

91 SUN GLOW LANE

g

VAC A N T LOT

SOLD: $5,350,000 | 04.01.2022

w Ln Glo

4,758 SQFT OR $1,124/SQFT

16 SUN GLOW LANE

Glow Sun

Mo rn in

6

Ln

LISTING PRICE: $6,499,000

50 MORNING GLOW LANE

22 DRIFTING SHADOW WAY

6,252 SQFT OR $1,039/SQFT

Ln Glow Sun

Morning Glow Ln

LISTING PRICE: $5,499,000

LISTING PRICE: $4,500,000 4,734 SQFT OR $950/SQFT

6,277 SQFT OR $876/SQFT 60 SUN GLOW LANE n wL Glo Sun

Morning Glow Ln

5

31 DRIFTING SHADOW WAY

7,733 SQFT OR $1,293/SQFT

SOLD: $3,800,000 | 01.17.2023

3

54 SUN GLOW LANE

w Sun Glo

Way Night Song

5,267 SQFT OR $1,000/SQFT Su

gi

c

16 FLYING CLOUD LANE

SOLD: $5,900,000 | 05.30.2023

SOLD: $8,200,000 | 01.31.2023

9,771 SQFT OR $604/SQFT

9,930 SQFT OR $826/SQFT

10,941 SQFT OR $992/SQFT

Su nG low Ln

Su nG low Ln

Sun Glow

15 BRIGHT HOLLOW COURT

LISTING PRICE: $10,850,000

Dr ifti ng

Ma gic Sto n

Ma

n Glow Ln Su

Sun Glo w Ln

St on eL n

Flying Cloud Ln

4

Sun Gl ow Ln

Ln

w Ln Sun Glo

Gl ow

Ln

Su n

lo w

e Ln

n

G

6 BRIGHT HOLLOW COURT

6,135 SQFT OR $619/SQFT

SOLD: $5,267,000 | 01.14.2022

Ln

Bright Ho llow Ct

2

SOLD: $10,000,000 | 11.07.2022

51 SUN GLOW LANE

Ln

o Sun Gl

wL

Way adow Sh

Drifting Sh ado wW ay

y Wa hadow Drifting S

n

34 SUN GLOW LANE SOLD: $5,650,000 | 11.30.2023 6,414 SQFT OR $881/SQFT

21 DRIFTING SHADOW WAY LISTING PRICE: $8,950,000 7,641 SQFT OR $1,171/SQFT 1 DRIFTING SHADOW WAY

43 SUN GLOW LANE

SOLD: $5,750,000 | 06.10.2022

LISTING PRICE: $5,850,000

7,251 SQFT OR $793/SQFT

SOLD: $4,900,000 | 10.03.2022

5,794 SQFT OR $1,010/SQFT

5,952 SQFT OR $823/SQFT

43 SUN GLOW LANE SOLD: $4,750,000 | 04.25.2022 5,794 SQFT OR $820/SQFT

47 DRIFTING SHADOW WAY SOLD: $6,750,000 | 08.01.2023 6,912 SQFT OR $976/SQFT

20


INDIGO

THE RIDGES

• CRESTED CLOUD WAY

Indigo is one of the newest custom home neighborhoods to open in The Ridges. Indigo is one of the smaller neighborhoods within The Ridges, all single-story homes on a minimum of half acre lots. Many sit on the golf course offering beautiful golf views.

COMMUNITY SNAPSHOT

26

26,709

TOTAL CUSTOM HOMES

SALES SNAPSHOT

02

AVERAGE LOT SIZE (SQFT)

9,587,500

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

21

7,400

945

$

AVERAGE PRICE PER SQ FT


IS LUXURY SALE RED ROCK

ACTIVE / PENDING

THE STRIP

SOLD

42 CRESTED CLOUD WAY

VAC A N T LOT

SOLD: $11,000,000 | 05.05.2023 10,181 SQFT OR $1,080/SQFT

M i d n i g h t Sk

y Dr

6

Cr

ky ght S ni

Mid

es

Cl

ou

Dr

t

ed

Crested Cloud

dW ay Cre

ste

dC

lou

dW ay

Cres

ted

Clo

ud

Way

y Wa

5 3

58 CRESTED CLOUD WAY SOLD: $8,175,000 | 08.31.2023 10,090 SQFT OR $810/SQFT

4

22


SILVER RIDGE • OPAL SPRINGS WAY

• LAPIS RIDGE COURT

• GARNET HILLS COURT

THE RIDGES • BRONZE RIDGE STREET

Silver Ridge is the latest semi-custom home neighborhood in The Ridges built by William Lyon Homes as part of their premiere collection. Contemporary styled semi-custom homes, some with golf course views, others with mountain views, are situated behind a secondary gate inside the guard-gated community. The size of these luxury homes in Silver Ridge range from 3,733sf to over 5,000sf and it offers both one and two-story luxury residences.

COMMUNITY SNAPSHOT

82

13,338

TOTAL NON-CUSTOM HOMES

SALES SNAPSHOT

17

AVERAGE LOT SIZE (SQFT)

3,698,235

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

23

4,610

785

$

AVERAGE PRICE PER SQ FT


11455 OPAL SPRINGS WAY

11464 OPAL SPRINGS WAY

11464 OPAL SPRINGS WAY

SOLD: $3,500,000 | 09.15.2023

SOLD: $3,380,000 | 04.28.2023

4,618 SQFT OR $758/SQFT

4,618 SQFT OR $732/SQFT

11436 OPAL SPRINGS WAY

LISTING PRICE: $4,025,000

SOLD: $3,700,000 | 09.15.2023 4,619

4,888 SQFT OR $823/SQFT

SQFT OR $801/SQFT

11448 OPAL SPRINGS WAY SOLD: $3,350,000 | 02.28.2023

4202 GARNETT HILLS COURT

4,340 SQFT OR $772/SQFT

St

Bro nze Rid ge

SOLD: $3,995,000 | 10.13.2023

St

4,888 SQFT OR $817/SQFT id g eR nz

e

Opal Spgs W y

SOLD: $4,025,000 | 05.19.2023

11431 OPAL SPRINGS WAY

s Wy l Spg Opa

4,619 SQFT OR $871/SQFT

SOLD: $3,500,000 | 06.09.2022 4,618 SQFT OR $758/SQFT

y sW pg al S Op

11497 OPAL SPRINGS WAY

Ct

SOLD: $3,400,000 | 08.17.2022 5,047 SQFT OR $674/SQFT

SOLD: $4,100,000 | 08.10.2023

5,047 SQFT OR $693/SQFT

4,888 SQFT OR $839/SQFT 4211 BRONZE RIDGE STREET SOLD: $3,450,000 | 11.07.2022 4,888 SQFT OR $706/SQFT

Br on ze Rid ge St

SOLD: $3,500,000 | 11.30.2022

11443 OPAL SPRINGS WAY

4211 BRONZE RIDGE STREET Ru by Fall sW ay

Pea rl R idg eS t

11493 OPAL SPRINGS WAY

Rh odo lite Ct

Lap is R idg eC t

Hls net Gar

y Wa lls Fa by Ru

Wy pgs al S Op

Br on ze Ri dg e

St

SOLD: $4,000,000 | 01.12.2022 5,047 SQFT OR $793/SQFT

Br o

11492 OPAL SPRINGS WAY

4222 BRONZE RIDGE STREET

4221 GARNET HILLS COURT

SOLD: $3,920,000 | 05.19.2022

SOLD: $4,000,000 | 05.18.2022

4,888 SQFT OR $802/SQFT

3,798 SQFT OR $1,053/SQFT

4226 BRONZE RIDGE STREET 4207 LAPIS RIDGE COURT

SOLD: $4,500,000 | 07.25.2023

LISTING PRICE: $4,250,000

2

5,047 SQFT OR $892/SQFT

5,300 SQFT OR $802/SQFT 4204 LAPIS RIDGE COURT

4204 LAPIS RIDGE COURT

SOLD: $3,200,000 | 12.02.2022

LISTING PRICE: $3,700,000

4,618 SQFT OR $693/SQFT

4,618 SQFT OR $801/SQFT

IS LUXURY SALE ACTIVE / PENDING

RED ROCK

THE STRIP

SOLD VAC A N T LOT

24


STERLING RIDGE • GREY FEATHER DRIVE

• GLADE HOLLOW DRIVE

• CORALWOOD DRIVE

• PRISTINE GLEN STREET

• GREY FEATHER DRIVE

• CRANBERRY COVE COURT • GEMSTAR LANE

• OLIVE RIDGE DRIVE

• GARDEN RAIN DRIVE

THE RIDGES

• GARDEN SHADOW LANE

• HUNTING HORN DRIVE • MOONFIRE DRIVE

Sterling Ridge is a unique neighborhood in The Ridges that was developed by William Lyon Homes as part of their two collections, the grand collection and premiere collection. Homes offered numerous tailored opportunities, so it is likely that no two luxury homes are alike. These three-to-five-bedroom luxury homes featured wine cellars, entertaining bars, media rooms, bonus rooms, floating stairs, custom railings and glamorous contemporary interiors.

COMMUNITY SNAPSHOT

119

4,085

TOTAL NON-CUSTOM HOMES

SALES SNAPSHOT

17

AVERAGE LOT SIZE (SQFT)

2,276,235

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2023 TO DECEMBERL 2023

PROPERTIES SOLD

25

9,547

567

$

AVERAGE PRICE PER SQ FT


5 MOONFIRE DRIVE SOLD: $2,245,000 | 04.18.2023 4,172 SQFT OR $538/SQFT ai n

Dr

Dr

G ar de n

in Ra Dr

44 OLIVE RIDGE DRIVE SOLD: $1,900,000 | 04.26.2023 3,562 SQFT OR $533/SQFT

Garden Rain Dr

re Dr onfi Mo

Olive Rid ge Dr

Oli ve R idge Dr

THE STRIP

on fir eD r

RED ROCK

14 MOONFIRE DRIVE SOLD: $2,100,000 | 05.24.2023 4,172 SQFT OR $503/SQFT

R

M oo nf ire

n de ar G

19 MOONFIRE DRIVE SOLD: $2,400,000 | 02.09.2023 3,562 SQFT OR $674/SQFT

14 MOONFIRE DRIVE SOLD: $2,525,000 | 08.03.2023 4,172 SQFT OR $605/SQFT

o

r Ln

M

Gr ey Fe at he rD r s Gem

30 CRANBERRY COVE COURT SOLD: $2,550,000 | 03.15.2023 4,618 SQFT OR $552/SQFT

1 GEMSTAR LANE SOLD: $2,400,000 | 06.06.2023 3,776 SQFT OR $635/SQFT

Grey Feather Dr

Pristine Glen St

n rry L arbe Sug

54 GLADE HOLLOW DRIVE SOLD: $2,450,000 | 12.01.2023 3,797 SQFT OR $645/SQFT

Pristine Glen St

Grey Feath er Dr

Cranberry Cove Ct

36 HUNTING HORN DRIVE SOLD: $2,695,000 | 03.02.2023 4,618 SQFT OR $583/SQFT

ather Dr Grey Fe

w lo ol eH ad Gl

St Pristine Glen

ng Horn Dr Hunti

59 GLADE HOLLOW DRIVE SOLD: $3,030,000 | 11.20.2023 4,888 SQFT OR $620/SQFT

Pr ist in eG len St

Dr Gl ad eH oll ow

ow ad Sh

r dD oo alw Cor

Ln

Coralwood Dr

en rd Ga

r Glade Hollow D

82 GREY FEATHER DRIVE SOLD: $1,665,990 | 03.02.2023 4,172 SQFT OR $399/SQFT 73 PRISTINE GLEN STREET LISTING PRICE: $2,599,000 4,172 SQFT OR $623/SQFT 82 PRISTINE GLEN STREET LISTING PRICE: $1,800,000 3,776 SQFT OR $477/SQFT

Pristine Glen St

Dr

Sp rin ga cre Dr

39 CORALWOOD DRIVE SOLD: $3,135,000 | 06.26.2023 4,618 SQFT OR $679/SQFT

ta

Owl Ridge Ct

27 CRANBERRY COVE COURT SOLD: $2,725,000 | 03.20.2023 4,618 SQFT OR $590/SQFT

20 GARDEN RAIN DRIVE SOLD: $1,800,000 | 08.03.2023 3,562 SQFT OR $505/SQFT

81 PRISTINE GLEN STREET SOLD: $1,910,000 | 09.14.2023 3,562 SQFT OR $536/SQFT 94 PRISTINE GLEN STREET SOLD: $2,165,000 | 03.29.2023 4,410 SQFT OR $491/SQFT

26


FAIRWAY HILLS

THE RIDGES

• GRANITE RIDGE DRIVE

Fairway Hills is the only townhome/condominium neighborhood in The Ridges. Developed by the internationally acclaimed Toll Brothers, Fairway Hills features semi-custom luxury townhomes with superb architectural designs. This neighborhood offers the same appeal of the European hillside community.

COMMUNITY SNAPSHOT

124

TOTAL CONDOMINIUMS

SALES SNAPSHOT

14

2,561

AVERAGE HOME SIZE (SQFT)

JANUARY 2023 TO DECEMBERL 2023

PROPERTIES SOLD

1,243,357

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

27

I S LU X U R Y. C O M

481

$

AVERAGE PRICE PER SQ FT


11280 Granite Ridge Drive Condos

IS LUXURY SALE ACTIVE / PENDING SOLD VAC A N T LOT

#1059 GRANITE RIDGE DRIVE LISTING PRICE: $1,399,000

#1012 GRANITE RIDGE DRIVE

2,414 SQFT OR $579/SQFT

SOLD: $900,000 | 06.27.2023 2,037 SQFT OR $442/SQFT

#1066 GRANITE RIDGE DRIVE 3,211 SQFT OR $529/SQFT #1067 GRANITE RIDGE DRIVE ve e Dri Ridg nite Gra

SOLD: $890,000 | 07.17.2023 2,037 SQFT OR $437/SQFT #1071 GRANITE RIDGE DRIVE SOLD: $1,489,000 | 03.23.2023

#1023 GRANITE RIDGE DRIVE

#1021 GRANITE RIDGE DRIVE

SOLD: $1,365,000 | 08.30.2023

SOLD: $845,000 | 02.24.2023

3,211 SQFT OR $425/SQFT

2,037 SQFT OR $415/SQFT

#1008 GRANITE RIDGE DRIVE SOLD: $1,300,000 | 09.15.2023 2,418 SQFT OR $538/SQFT

2,414 SQFT OR $617/SQFT

#1006 GRANITE RIDGE DRIVE

#1083 GRANITE RIDGE DRIVE

3,211 SQFT OR $498/SQFT

3,211 SQFT OR $413/SQFT

2,037 SQFT OR $460/SQFT

#1025 GRANITE RIDGE DRIVE

#1088 GRANITE RIDGE DRIVE Gra nite Rid ge Dri ve

LISTING PRICE: $1,575,000 2,414 SQFT OR $652/SQFT #1028 GRANITE RIDGE DRIVE

#1096 GRANITE RIDGE DRIVE

SOLD: $1,170,000 | 07.26.2023

SOLD: $950,000 | 06.12.2023

2,414 SQFT OR $485/SQFT

2,414 SQFT OR $393/SQFT

#1004 GRANITE RIDGE DRIVE

SOLD: $1,600,000 | 09.26.2023 SOLD: $938,000 | 10.31.2023

SOLD: $1,325,000 | 06.14.2023

1,959 SQFT OR $536/SQFT

LISTING PRICE: $1,625,000 3,211 SQFT OR $506/SQFT

SOLD: $1,700,000 | 03.23.2023

LISTING PRICE: $1,050,000

#1011 GRANITE RIDGE DRIVE

#1122 GRANITE RIDGE DRIVE SOLD: $1,360,000 | 06.23.2023

2

3,211 SQFT OR $423/SQFT

#1106 GRANITE RIDGE DRIVE SOLD: $1,575,000 | 11.07.2023 2,414 SQFT OR $652/SQFT

#1116 GRANITE RIDGE DRIVE LISTING PRICE: $1,850,000 3,211 SQFT OR $576/SQFT

28


TALON RIDGE • HAWKEYE LANE

THE RIDGES

• GREY OWL COURT

Talon Ridge features 16 homes with unobstructed Strip and mountain views in this exclusive enclave. Talon Ridge has its own second gate, a pocket park and city and mountain views. Homesites range in size from .27 acres to .43 acres.

COMMUNITY SNAPSHOT

16

14,615

TOTAL CUSTOM HOMES

SALES SNAPSHOT

01

AVERAGE LOT SIZE (SQFT)

3,250,000

$

AVERAGE SALES PRICE

*This map is intended for general informational purposes only. Information was obtained from the MLS, Las Vegas REALTORS®, GLVAR, and Corelogic. Statistics are subject to change due to individual real estate company reporting disciplines.

I S LU X U R Y. C O M

AVERAGE HOME SIZE (SQFT)

JANUARY 2022 TO DECEMBERL 2023

PROPERTIES SOLD

29

5,500

773

$

AVERAGE PRICE PER SQ FT


ACTIVE / PENDING RED ROCK

SOLD

THE STRIP

VAC A N T LOT

HAW KEYE LN

29 GREY OWL COURT LISTING PRICE: $5,950,000 HAWKEYE LN

GRE Y OW LC

5,756 SQFT OR $1,034/SQFT

33 HAWKEYE LANE

T

SOLD: $3,250,000 | 04.25.2023 4,204 SQFT OR $773/SQFT

Y KE W HA

E

LN

1

30


CHOOSE THE

#1 LUXURY REAL ESTATE TEAM in the City for Unmatched Results and Exceptional Service – Where Industry Leaders, Record-Breakers, and Game-Changers Make Dreams a Reality.

31

I S LU X U R Y. C O M


IVAN SHER

ANTHONY SPIEGEL

BRIAN NUGENT

CHIP MADSEN

COURTNEY BENTLEY

LUXURY REAL ESTATE ADVISOR LIC. #BS.0046822 702.400.2400 | IVAN@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #BS.0145405 702.445.4555 | ANTHONY@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #BS.0145939 623.302.3090 | BRIAN@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0073912 702.420.3332 | CHIP@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0186572 702-417-3955 | COURTNEY@ISLUXURY.COM

DANIEL PEDERSON

DENISE REICHARTZ

EVANGELINA DUKE-PETRONI

GAVIN WILLIAMS

GRETCHEN WILLS

LUXURY REAL ESTATE ADVISOR LIC. #S.0184178 702.802.8669 | DANIEL@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0173060 702.596.8988 | DENISER@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #BS.0143813 702.278.3222 | EVANGELINA@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #BS.0174380 702.521.8045 | GAVIN@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0172689 702.533.1654 | GRETCHEN@ISLUXURY.COM

IDA DOMAN

JULIANA CARTER

JULIAN CRIDER

LINDSAY PRESSWOOD

MADISON BLAU BENSHIMON

LUXURY REAL ESTATE ADVISOR LIC. #S.0050038 702.491.6344 | IDA@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #BS. 0146638 702-769-4986 | JULIANA@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0177760 702.875.1382 | JULIAN@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #BS.0145025 702.461.6167 | LINDSAY@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #BS.0145133 702.862.0154 | MADISON@ISLUXURY.COM

NICOLE TOMLINSON

NOREEN LANE

RYAN ZEPPERNICK

SAM COLEMAN

SPENSER MCDONALD

LUXURY REAL ESTATE ADVISOR LIC. #BS.0067095 702.528.4360 | NICOLE@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0069192 702.423.9449 | NOREEN@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0173687 702.956.0382 ­| RYAN@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0180534 702.883.7845 | SAM@ISLUXURY.COM

LUXURY REAL ESTATE ADVISOR LIC. #S.0185686 702.716.4293 | SPENSER@ISLUXURY.COM

32


SETTING THE BAR IN CUSTOM HOME SALES AT THE RIDGES. Secure Your 2024 Legacy – List Your Home with the Unsurpassed Leaders.

33

I S LU X U R Y. C O M


SOLD PRICE

SQFT

SP/SQFT

$15,950,000 $12,500,000 $11,750,000 $11,400,000 $11,000,000 $10,000,000 $10,000,000 $9,600,000 $9,000,000 $8,250,000 $8,200,000 $8,175,000 $8,000,000 $8,000,000 $6,750,000 $6,200,000 $6,099,000 $5,900,000 $5,850,000 $5,750,000 $5,700,000 $5,650,000 $5,600,000 $5,500,000 $5,350,000 $5,325,000 $5,267,000 $5,250,000 $5,225,000 $5,000,000 $5,000,000 $4,999,000 $4,900,000 $4,800,000 $4,750,000 $4,600,000 $4,500,000 $4,375,000 $4,250,000 $4,000,000 $3,900,000 $3,800,000 $3,250,000

12,162 11,211 10,621 10,609 10,181 8,244 7,733 10,693 8,639 8,593 9,930 10,090 12,345 7,032 6,912 9,913 9,429 9,771 8,388 7,251 8,585 6,414 5,439 7,843 4,758 6,968 5,267 5,671 8,940 6,431 6,656 6,656 5,952 9,221 5,794 6,311 4,995 4,258 4,687 5,856 6,588 6,135 4,204

$1,311 $1,115 $1,106 $1,075 $1,080 $1,213 $1,293 $898 $1,042 $960 $826 $810 $648 $1,138 $977 $625 $647 $604 $697 $793 $664 $881 $1,030 $701 $1,124 $764 $1,000 $926 $584 $777 $751 $751 $823 $521 $820 $729 $901 $1,027 $907 $683 $592 $619 $773

ADDRESS 7 Painted Feather Way 4 Soaring Bird Court 5 Promontory Ridge Drive 44 Hawk Ridge Drive 42 Crested Cloud Way 20 Soaring Bird Court 60 Sun Glow Lane 5 Echo Peak Lane 49 Hawk Ridge Drive 7 Skybird Court 16 Flying Cloud Lane 58 Crested Cloud Way 14 Promontory Ridge Drive 57 Hawk Ridge Drive 47 Drifting Shadow Way 15 Wild Ridge Court 91 Hawk Ridge Drive 15 Bright Hollow Court 55 Promontory Ridge Drive 1 Drifting Shadow Way 10 Ridge Blossom Road 34 Sun Glow Lane 16 Wild Ridge Court 15 Painted Feather Way 91 Sun Glow Lane 31 Golden Sunray Lane 54 Sun Glow Lane 19 Morning Glow Lane 11 Misty Peaks Court 20 Skybird Court 26 Meadowhawk Lane 26 Meadowhawk Lane 51 Sun Glow Lane 28 Quiet Moon Lane 43 Sun Glow Lane 7 Morning Sky Lane 46 Soaring Bird Court 70 Meadowhawk Lane 7 Morning Glow Lane 70 Hawk Ridge Drive 48 Wildwing Court 31 Drifting Shadow Way 33 Hawkeye Lane

REPRESENTATION Buyer & Seller Presented by IS LUXURY Seller Presented by IS LUXURY

Buyer & Seller Presented by IS LUXURY Seller Presented by IS LUXURY Buyer Presented by IS LUXURY Buyer Presented by IS LUXURY Seller Presented by IS LUXURY

IS LUXURY CONTINUALLY LEADING IN

TOP CUSTOM HOME SALES IN THE RIDGES

Buyer & Seller Presented by IS LUXURY

Seller Presented by IS LUXURY

Buyer Presented by IS LUXURY Buyer Presented by IS LUXURY Buyer & Seller Presented by IS LUXURY Buyer Presented by IS LUXURY Buyer & Seller Presented by IS LUXURY

Buyer Presented by IS LUXURY Buyer Presented by IS LUXURY

Seller Presented by IS LUXURY

Seller Presented by IS LUXURY Seller Presented by IS LUXURY *DATA DERIVED FROM THE MLS


©2024 IS LUXURY LLC IS LUXURY is an exclusive member of Forbes Global Properties. Forbes® is a registered trademark used under license. Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation. Equal Housing Opportunity. NV Lic #: 0046822

YOUR PARTNER IN LUXURY REAL ESTATE. Honest. Committed. Resolute. Our reputation as the leading luxury real estate firm in Las Vegas is a culmination of our unwavering commitment to excellence, our extensive luxury network, our elite resources, and our unparalleled market expertise.

Browse our luxury home collection at www.ISLUXURY.com | 702.315.0223

35

I S LU X U R Y. C O M


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