ABOUT INSIGHT LUXURY REPORT
Welcome to Las Vegas Sotheby's International Realty! We're thrilled to share the latest insights on luxury communities in Las Vegas, Henderson, Summerlin, Vertical Vegas, Boulder City, and Pahrump. Our report merges local real estate expertise with comprehensive market analysis, offering you valuable trends as they unfold in the region.
Alongside offering general market statistics, we proudly highlight our city's remarkable growth. With new developments and expansions, there are abundant opportunities for our clients to make profitable future investments.
As a prestigious international luxury brand with a presence in 84 countries, 1,115 offices, and a network of over 26,500 associates, Sotheby's International Realty offers unmatched talent and marketing expertise. At Las Vegas Sotheby's International Realty, we prioritize delivering exceptional service, providing you with the information needed to make well-informed decisions about your real estate needs, and ensuring an outstanding client experience.
Las Vegas is emerging as a major hub for sports and entertainment. In February, we proudly hosted the Super Bowl, complementing the success of our hometown teams, the Raiders and the Aces. The excitement continued with the F1 Las Vegas Grand Prix and the announcment of The A's baseball team moving to Las Vegas. These events solidify Las Vegas as a top destination for luxury living and investment.
Our city's growth is further highlighted by the opening of the MSG Sphere, the luxurious Fontainebleau Las Vegas hotel and casino, and the Durango Casino and Resort within the last year.
Whether you're interested in current market conditions or need representation for selling your home, Las Vegas Sotheby's International Realty is here to assist you. We encourage you to explore this report and reach out to us for a more personalized analysis.
Randy Char
PRESIDENT & BROKER
PRESIDENT & BROKER
Randy Char
MANAGING BROKERS
Thomas Marsaw
Robyn Yates-Gajjar
ART DIRECTION
Samantha Krerowicz
Angela Welch
Las Vegas Sotheby’s International Realty publishes Insight, a luxury market report magazine each quarter. All materials are copyrighted and can not be reprinted or duplicated without permission, including photographs, artwork, designs and text. The publication is distributed without charge to readership throughout Southern Nevada. Additional copies and advertising information can be requested by contacting Las Vegas Sotheby’s International Realty. 8548 Rozita Lee Ave, 100, Las Vegas, NV 89113
4 SUMMERLIN
10 LAS VEGAS
14 HENDERSON
22 BOULDER CITY
23 PAHRUMP
24 VERTICAL VEGAS
Summerlin Communities
Bellacere is a truly intimate community filled with a wealth of green spaces, which only fifty-four families can enjoy. Designed in a way so that most of the residences of Bellacere are situated far from the exterior boundaries, gives Bellacere a quiet, small town feel while outside the walls, a host of amenities and conveniences await in the master-planned community of Summerlin.
COUNTRY CLUB HILLS
Set along the Tournament Players Club Summerlin Golf Course, Country Club Hills is a collection of 170 semi-custom homes by one of Las Vegas’ most sought after, high-end builder, Christopher Homes.
Appropriately situated for luxury and appropriately named for its convenience as it backs up to Tournament Players Club Las Vegas, a public golf course Golf Digest described as, “one of the best.” Pass through the 24-hour guard gated entrance and discover lavish homes set against amazing views of the Las Vegas Valley.
MESA RIDGE
Mesa Ridge is nestled against Spring Mountain, providing unobstructed views. With 3 collections of uniquely modern homes, Toll Brothers home designs and numerous amenities, this exclusive, gated community offers a modern lifestyle. Location near the 215 beltway and shopping, dining, entertainment and top-rated Summerlin private and public schools.
A community within a community, Mountain Trails resides in The Trails section of the master-planned community of Summerlin, long recognized as the pinnacle of Las Vegas living. Life at Mountain Trails begins by passing through the guard-gated entrance and takes residence on a path of unmatched possibilities.
RED ROCK COUNTRY CLUB
As its name implies, Palisades is a distinctive barrier to the common world. Drive through the guard-gated entrance and you’ll leave the world behind. Situated along the Tournament Players Club Las Vegas Golf Course, Palisades provides an elevated sense of living and the views of the Las Vegas valley and the Canyon Fairways accentuate that feeling.
REGENCY AT SUMMERLIN
Set in the master-planned community of Summerlin, Red Rock Country Club is one of the most exclusive addresses in the valley. Possessing not one but two signature Arnold Palmer golf courses, the private Mountain Course and the public Arroyo Course. The nearby Red Rock State Park provides inspiring natural beauty.
Regency at Summerlin offers a luxurious lifestyle in an awardwinning, staff-gated community with single-story homes, sprawling grounds, and resort-style amenities. Residents enjoy 24-hour access to a private clubhouse, fostering a low-maintenance living experience that allows time for thier passions, lasting friendships, and explore various recreational opportunities.
Reverence is an esteemed multiple-award winning Summerlin community. Meticulously designed for the ultimate in contemporary living, Reverence offers a diverse collection of new homes and world-class Clubhouse behind the security of a 24-hour guarded gate, all in an unparalleled, elevated setting along the border of famed Red Rock Canyon.
SPANISH TRAILS
SUN CITY SUMMERLIN
Spanish Trail, the first staff-gated community in southwest Las Vegas, established in the 1980s, is now a premier community surrounding the Spanish Trail Country Club. This private golf course, designed by Robert Trent Jones Jr., features 27 holes and water features.
Sun City Summerlin, an active adult community, is just a short distance from the vibrant downtown Las Vegas and the iconic Strip. As part of the well-planned Summerlin community on the western edge of Las Vegas, this established neighborhood features treelined streets, excellent shopping, high-quality restaurants, and acclaimed resorts, casinos, and spas.
Scenic active adult community nestled against the Spring Mountain range, featuring stately palms and lakeside views. The 18-hole Siena Golf Course, designed by Schmidt-Curley, offers a balanced blend of doglegs, fairways, and green complexes for an ideal golfing experience.
THE PASEOS
The Cliffs, a new village at the southern base of the Spring Mountains, covers 450 acres with residential options. Set against a dramatic ridgeline, it offers amenities like Shelley Berkley Elementary School, Faiss Middle School, Bishop Gorman High School, Faiss Community Park, Wet ‘n’ Wild water park, and Aquatic Springs Indoor Pool.
THE RIDGES
This private reserve of luxury homes, situated on 800 acres in the master-planned community of Summerlin, is recognized as one of the most exclusive neighborhoods in the country. The Ridges presents stunning views of the Las Vegas Strip to the east, while on its western border lies the surreal beauty of the Mojave Desert’s Red Rock Conservation Area.
The Paseos borders Red Rock Canyon, and features a huge paseo trail system that runs the entire length of the village. This is one of Summerlin's most popular communities. The Paseos has a fantastic park with soccer, t-ball, water play area, picnic pavilions and more.
TOURNAMENT HILLS
Tournament Hills in Summerlin is a highly coveted address, centered around the renowned Tournament Players Club Summerlin where Tiger Woods secured his first professional victory. Known for luxury and opulence, the custom-designed residences range from classic to contemporary styles.
WILLOW CREEK
# of Transactions
There are 3 subdivisions within the gate: Eden Ridge which is a single story only neighborhood offering a semi custom product; Heritage Glen and Wood Glen offering larger tract homes; and finally a separate gated custom community within the Willow Creek guard gate known as Willow Falls.
Las Vegas Communities
Canyon Gate Country Club offers terrific views and challenging play for golfers at every skill level. Well-groomed fairways and greens keep Canyon Gate Country Club difficult yet friendly, and the staff can offer tips and tricks for playing your best round..
LAS VEGAS COUNTRY CLUB
The Desert Shores is a master-planned, resort-style community located in the shadow of the foothills of northwest Las Vegas and was developed in 1988 and includes 22 different residential neighborhoods, including condominiums, single family homes and large custom homes behind private gates. All of the lakefront homes have direct access to the lakes and the option of private docks.
QUEENSRIDGE
Established in 1967 at the heart of Las Vegas, the Las Vegas Country Club stands as the city's oldest Country Club. Despite the city's penchant for demolishing and rebuilding, this elite, members-only club has stood the test of time. The Ed Ault-designed golf course, accompanied by indoor tennis courts, a lap pool, a fitness center, a driving range, and more, contributes to its enduring appeal.
Queensridge is an upscale community located on the west side of Las Vegas just east of Summerlin. This highly sought after community is comprised of about 800 acres of luxury living. As a part of the Peccole Ranch development, the architecture harkens back to a European Countryside theme.
Scotch Eighty in Las Vegas features vintage homes with unique histories, once belonging to celebrities like Jerry Lewis and Holly Madison. Known for its character and historic charm, this neighborhood, dating back to the 1950s (though construction started in 1913), remains popular, conveniently close to the Las Vegas Strip.
SECTION 11
The Section 11 community, much like its adjacent section - Section 10, sits on the west side of Las Vegas and received its name from its legal designation. This unique community contains only custom Las Vegas homes on half-acre or larger lots. There are no association fees except in some of the gated cul-de-sacs. Conveniently located with easy access to the Strip and airport.
The Section 10 community sits on the west side of Las Vegas and received its name from its legal designation. Bordered by Desert Inn, Buffalo, Sahara and Rainbow Boulevard, this unique community contains only custom Las Vegas homes on half-acre or larger lots. There are no association fees except in some of the gated cul-desacs. Conveniently located with easy access to the Strip and airport.
SKYE CANYON
Skye Canyon in northwest Las Vegas offers a perfect blend of active and serene lifestyles, featuring top-notch amenities like Skye Center, Skye Fitness, and extensive trails. With beautifully designed homes and easy access to both urban excitement and tranquil landscapes, this community stands out as an ideal choice for those seeking a balanced, connected lifestyle in the Las Vegas area.
SOUTHERN HIGHLANDS GOLF CLUB
SPANISH HILLS
Living in Southern Highlands means one of the nation’s top private golf courses is just steps from your house. This community of custom homes takes full advantage of the surrounding mountain terrain and the finely manicured fairways with picturesque water features.
THE LAKES
The Lakes is a 2-square-mile master-planned community in Las Vegas, situated in the western part of the Las Vegas Valley near the Spring Mountains and Red Rock Canyon National Conservation Area. With mature greenbelts, man-made lakes, well-kept walking trails, and diverse water sports, residents can choose from various housing options, such as lakefront condominiums and estates.
Spanish Hills, renowned for its celebrity, business, and pro-athlete residents, features expansive lots and custom homes worth millions. Enjoy tranquility and stunning views of Red Rock Canyon National Park and The Strip. Residents can relish a recreation park and private tennis courts, with convenient access to highways, shopping, and malls just minutes away.
Henderson Communities
Nestled in the foothills of Black Mountain, Anthem Country Club is the pinnacle of living in the master-planned community of Anthem. Meandering along the golf course, Anthem Country Club is a collection of upscale tract and custom homes amongst almost 5,000 acres of beautifully landscaped homes with a three-mile walking loop.
CADENCE
Cadence, located in the heart of Southern Nevada, offers a superior living experience with breathtaking views, diverse housing options, and exceptional amenities. Residents enjoy the sprawling 50-acre Central Park, various pools, scenic trails, and excellent schools, all within easy reach of Las Vegas and Lake Mead. With conveniences like nearby shops, and a vibrant community atmosphere, Cadence isn't just a place to live—it's a place to thrive.
Ascaya stands out with its unparalleled views of the Strip and an array of contemporary desert homes. This exclusive community presents a range of upscale amenities and activities, carefully crafted to promote connectivity and offer meaningful experiences. At the heart of the community is a vibrant 23,000 square foot clubhouse, serving as the central hub for social activities.
GRAND LEGACY
In the picturesque Green Valley, Legacy development offers diverse single-family homes against a backdrop of lush landscapes and mountain vistas. Nestled around the Legacy Golf Course, residences are strategically placed alongside fairways and putting greens. Serene walking trails weave through the community for leisurely strolls.
#
Green Valley North combines suburban tranquility with easy access to the Las Vegas Strip, just over 10 miles away. This upscale, gated community offers a variety of stylish apartments and single-family homes, appealing to families and professionals who prefer a quiet yet convenient lifestyle close to the city.
GREEN VALLEY SOUTH
Green Valley South is part of Southern Nevada's first masterplanned community since the 1980s, is known as the "Emerald of the Desert." This upscale Henderson neighborhood offers scenic desert views, suburban amenities, and easy access to Las Vegas entertainment, the airport, and outdoor activities.
Green Valley Ranch spans 1,310 acres and features a thoughtfully designed blend of elements. It includes 775 acres dedicated to residential areas, 310 acres for retail, office spaces, medical facilities, and a planned resort gaming hotel. Additionally, over 200 acres are set aside for community amenities such as parks, schools, recreational centers, open spaces, pedestrian and bike paths.
INSPIRADA
Discover the vibrant Inspirada community, where new homes abound alongside amenity-packed parks and a wealth of activities for an active lifestyle. As a flourishing master-planned hub, Inspirada stands as the gateway to West Henderson, embodying a dynamic and thriving living experience.
LAKE LAS VEGAS
# of
MACDONALD HIGHLANDS
If there is one place to be a world away in the desert, that place could only be Lake Las Vegas. Surrounding a 320-acre shimmering lake, the resort community of Lake Las Vegas flawlessly blends luxury residential living with the finer aspects of commercial enticements and golf only minutes from Las Vegas.
QUAIL RIDGE ESTATES
Quail Ridge is a gated community located within The Arbors in Summerlin. This single family home community was built by Woodside Homes in the late 1990s. Residents can enjoy the nearby recreation including The Arbors Paseo Park and the Arbors Tennis and Play Park.
As master listing agents for MacDonald Highlands, our office within DragonRidge Country Club provides unique insight into the local market. Nestled in the foothills of the McCollough Mountains on the southern edge of the Las Vegas valley in Henderson, MacDonald Highlands is a uniquely luxurious community home to the lavish DragonRidge Country Club.
ROMA HILLS
Roma Hills is a guard gated community surrounded by the Black Mountains. This private community offers easy access to nearby shopping and amenities found throughout Green Valley and Henderson. It's also located just 15 minutes away from the world famous Strip. #
SEVEN HILLS
THE CLUB AT MADEIRA CANYON
Club
is a guard gated community, located within the larger
Canyon master plan. You can expect privacy as well as incredible views of the surrounding mountains and easy access to lifestyle amenities at the clubhouse. You also have access to the outdoor amenities that include several miles of walking trails, sports fields and more.
THE FOUNTAINS
Known as one of the most prestigious addresses in the masterplanned community of Green Valley in the Las Vegas suburb of Henderson, The Fountains community is an unexpected gem in the desert. Enjoying large, open lawns and tree-canopied streets, The Fountains is reminiscent of an east coast neighborhood.
The
at Madeira Canyon
Madeira
Seven Hills, a master-planned community, rests against the McCollough mountain range, showcasing diverse architecture from classic Tuscan to modern design. Elevated for stunning views of the Las Vegas Valley, it houses the renowned Rio Secco golf course by Rees Jones.
THE ISLAND
LUXURY LAKESIDE LIVING REDEFINED AT LAKE LAS VEGAS
CUSTOM WATERFRONT LOTS NOW AVAILABLE
UNPARELLED LAKE ACCESS.
ULTRA MODERN ARCHITECTURE.
LAKE LAS VEGAS LIFESTYLE.
Boulder City Overview
# of Transactions
Average
Boulder City, established for Hoover Dam laborers, emanates small-town charm just 20 miles from the Las Vegas strip. Originating in the 1930s, its relaxed atmosphere is rooted in its exclusive purpose of housing workers for the Hoover Dam on the Colorado River. Notably, the hard hat was developed here in 1933 for the safety of Hoover Dam workers.
# of
Pahrump Overview
Pahrump, Nevada, a growing community west of Las Vegas, surrounded by the Spring Mountain range, is known for its prime location near Las Vegas and Death Valley National Park. The urban landscape along Highway 160 includes lively casinos and popular spots like the Pahrump Valley Winery. The scenic countryside, now a hub for RV rallies, features facilities like the Mountain Falls Golf Club.
Vertical Las Vegas
Allure Las Vegas condos, located between the modern Strip and old Vegas, offer easy freeway access. The 41-story luxury high-rise provides expected amenities and various floor plans. Each unit features stunning views of the Strip, desert, and mountains. Adjacent to the Sahara on the Strip and near MGM Resorts' outdoor space, Allure offers an affordable high-rise option on the iconic Strip.
ONE LAS VEGAS
One Las Vegas is a condominium property south of the Las Vegas Strip and consists of two 20-story towers. The towers opened in June 2008. Building amenities include a resident gym, pool, hot tub, concierge service, and garage parking.
In the Juhl community, residents experience a seamless blend of home, work, and outdoor living, with exclusive amenities and services. Juhl's Downtown Las Vegas condos provide a unique lifestyle, placing you in the heart of the energy and excitement of Downtown's Business, Arts, and Medical Districts, near the city's iconic destinations.
ONE QUEENSRIDGE PLACE
One Queensridge Place stands as a top luxury residence in Las Vegas with premier amenities, including private lockers in a unique wine cellar, a dining area with a catering kitchen, and a two-car private garage for each residence. The exceptional spa facilities make these High Rise condos distinctive as bespoke homes in the sky.
PALMS PLACE PANORAMA TOWERS
Palms Place, with a 6th-floor pool, offers an escape in Las Vegas. The pool area features a pool, Jacuzzi, waterfalls, and contemporary decor. Residents access the lobby with bars and restaurants from furnished residences. Ownership includes entry to the "Inner Circle" club for personalized concierge services. The tower allows effortless ownership, with residents generating income through rentals.
PARK TOWERS
Park Towers Las Vegas, with two 20-story high-rise towers, offers 84 exclusive residences surrounded by elegant gardens and amenities like a private spa, health club, pool, tennis court, screening room, wine cellar, concierge, valet parking, and entertainment facilities. Positioned at the heart of the Strip, it stands as an exclusive address for influential residents.
These two towers overlook the world-class architecture of CityCenter is seeing more attention with the advent of the professional hockey team expansion in the T-Mobile arena and its surrounding restaurant/retail complex, The Park. All these new venues are within walking distance.
REGENCY TOWERS
Regency Towers on the Las Vegas Strip offers a 27-story vintage condo experience. Amenities include concierge service, a gym, and a pool. With its prime location in the Las Vegas Country Club, the high-rise provides breathtaking views of the Strip, golf course, and mountains, making it an ideal choice for those seeking a personalized living space.
SKY LAS VEGAS
Sky Las Vegas offers condos from high $100s to $4M+, spanning 776 to 5,300 SF. Tower suites, penthouses, and SkySuites feature luxury upgrades. Amenities include pool, spa, fitness center, business center, screening room, valet parking. Positioned on the Strip, Sky provides immediate access to premier shopping, dining, and entertainment in this 45-story luxury tower.
THE MARTIN
The Martin is a high-rise community with a warm atmosphere, luxury amenities, and regular events fostering camaraderie. Located near Panorama Towers, it offers prime views, direct Harmon Bridge access, and proximity to the Raiders NFL stadium. As Panorama Towers' sister project, The Martin maintains steady sales with an increased average price from the previous year.
In downtown Las Vegas' Arts District, SoHo Lofts, the first high-rise north of Sahara, offers elegant concrete structures with art deco motifs and customizable floor plans. The 112 units feature open layouts and stunning city/mountain views. The rooftop pool deck provides a romantic evening spot, and SoHo Lofts continues to be an iconic presence in downtown redevelopment.
THE OGDEN
The Ogden is located in the heart of Downtown Las Vegas and offers spacious condos with terraces to take in incredible city views. Enjoy the Downtown lifestyle with restaurants, stores and entertainment just outside your door. The building offers controlled access, gym, rooftop pool and more.
TRUMP LAS VEGAS RESIDENCES
TURNBERRY PLACE
Trump International Hotel Las Vegas offers stylish elegance in the entertainment capital. Near prime shopping and casinos, the gold tower provides panoramic Strip views. With 1,232 hotel condo suites, 50 penthouses, white-gloved doormen, valet, and 24/7 concierge service, it's a luxury haven. Residents enjoy amenities like a day spa, fitness center, salon, and an outdoor pool.
TURNBERRY TOWERS
Turnberry Towers offers luxury living with East or West views. Amenities include valet parking, a resort-sized pool, a 24-hour doorman, a putting green, a fitness center, and two lit tennis courts. Turnberry Towers epitomize elegance, providing both a luxurious lifestyle and an exceptional investment with stunning views of the Las Vegas Country Club golf course and the Strip.
Turnberry Place redefines luxury with spacious residences, exceptional views, and exclusive amenities. The grand guardgated entrance leads to private valet service and underground parking. With a commitment to privacy and opulence, Turnberry Place stands as a premier residence on the iconic Las Vegas Strip.
With direct access to Aria and the Bellagio resorts, Vdara at CityCenter is poised to be one of the most desired condotels in the Las Vegas Strip corridor. Branded as a non-gaming, non-smoking luxury hotel, it is the first choice for visitors seeking a quiet retreat with direct access to some of the finest restaurants, entertainment, and shopping in all of Las Vegas.
VDARA
VEER TOWERS
The iconic architecture and contemporary design of the Veer towers set these towers apart on the Las Vegas Strip. As a part of CityCenter, they enjoy all the benefits of their location and MGM’s new development, The Park, along with the T-Mobile Arena.
As the most prestigious residential address on the Las Vegas Strip, The Residences at the Waldorf Astoria sets the standard for luxury high rise living. It is the residential jewel of City Center. We continue to see a tremendous amount of activity for this premier luxury tower with pricing more than $1,000/sf for the larger units. There are no signs of it slowing down with all the development in the area.
