The luxury home market in the Las Vegas Valley is evolving. One region, in particular, is fast becoming one of the most desirable locations for discerning home buyers seeking space to move and engage in an active lifestyle.
Northwest Vegas is a thriving region known for affordable living, natural beauty, recreational opportunities and expansive homes. Here are some features you can expect from the area.
Affordable Living
Real estate, especially high-end properties, is more affordable than in other luxury communities in the Las Vegas Valley. The price per square foot in the Northwest ranges from $650 to $750, while Summerlin is over $1,200 for a comparable-sized home.
Another factor to consider is the rapid appreciation of home values. Northwest clients saw their property double in value in under two years, showcasing the area's promising investment potential.
Land
The Northwest is governed by the Rural Neighborhood Preservation and Overlay District, which states that lots must be half-acre or larger. This ordinance ensures a spacious and rural feel, with more land and space between homes. With the extra acreage, residents can store all their toys and recreational vehicles at their property, such as RVs, ATVs, motorcycles, and mountain bikes.
One Northwest developer, Templeton Development, is leading the way in the region. Templeton’s Estates at Lone Mountain is a 35-acre luxury home development at the base of Lone Mountain and is the epitome of what makes the Northwest great.
It offers a variety of homes starting at half an acre. The sought-after development features eight distinct areas, including 15 large custom one-acre and ¾-acre ‘Estate Style’ homes, 18 half-acre properties, and nine three-quarter-acre Estate-Style homesites. The one-acre sites feature individual private gated compounds.
Outdoor Activities and Active Lifestyle
Adventure awaits outside your front door in the Northwest. Mountains and desert beauty surround the region, offering a diverse landscape and enticing an active lifestyle.
- The Snow Mountain Paiute Reservation and Tule Springs Fossil Beds National Monument are just to the north. Other outdoor escapes to the west take you to Kyle Canyon and the Red Rock Canyon National Conservation Area; Summerlin to the south, and North Las Vegas to the east. Just a short drive away is Tule Springs Fossil Beds National Monument, a 22,650-acre natural history area protecting the largest open-air Pleistocene fossil site. The monument features two scenic hiking trails.
- Red Rock Canyon National Conservation Area offers 26 hiking trails designed for all levels of hikers. Its 13-mile scenic drive makes it one of the best places to stargaze.
- Mt. Charleston offers year-round activities such as skiing, hiking, camping, mountain biking and more. There are over 60 miles of trails, with most hikes starting at over 6,000 feet in elevation. Lee Canyon is a premier destination for year-round outdoor enthusiasts, especially mountain biking in the summer and skiing in the winter.
- The north has several lush parks, which offer residents various activities such as basketball, tennis, walking trails, and more.
- Aliante Nature Discovery Park has a large dinosaur with a sand pit for digging dinosaur bones. Mountain Ridge Park features one of the area’s most popular skate parks.
- The over 21-acre regional Lone Mountain Park offers equestrian facilities, picnic areas, a dog park, pickleball, basketball, tennis courts, playgrounds, and hiking trails.
Location
Northwest residents enjoy an exceptional quality of life, with suburban charm and urban conveniences. It is desirable for families, professionals, and retirees because it's close to top-rated schools, shopping, dining, entertainment, and sports.
It truly offers the best of both worlds: a peaceful, rural environment with access to the area’s world-class conveniences. Its location makes it easy to access Downtown Summerlin, Harry Reid Airport, the Las Vegas Strip and exquisite shopping at Tivoli Village.
Custom Home Options
The region’s master-planned developments and luxury communities oversized lots offer buyers custom home options that other communities do not. One example is a 6,550-square-foot, one-acre estate-style spec home in the Estates at Lone Mountain that sold for $5.5 million.
The custom property boasts a walk-in wine room with Jerusalem stone walls, walnut cabinetry, floor-to-ceiling windows, a custom art piece using basalt columns, a hallway encased in glass, wood-paneled ceilings, a fully enclosed indoor/outdoor shower, a wet bar and a loft. It also features a detached RV garage with a game room that opens to the pool through double slider doors, offering a unique living arrangement.
Another remarkable Northwest project sold for $3.4 million. The turnkey half-acre home by Templeton Development, located in Area 5 at The Estates at Lone Mountain, showcases 4,933 square feet of warm, modern architecture and interior design, creating a soft, cohesive, and inviting atmosphere throughout.
Natural stone details and serene bathrooms evoke a spa-like retreat, while an extraordinary array of floor-to-ceiling windows - crafted with premium glass - flood the home with natural light and seamlessly connect the warm interiors to the stunning outdoor oasis. The backyard is designed for both relaxation and entertaining, featuring a heated pool and spa, fire pit, and covered BBQ area. Additional highlights include an oversized 4-car attached garage, Control4 Smart Home technology, office at main entry, Multi-Gen suite, and countless finishes throughout.
If you wish to explore the Northwest region, Virtue Real Estate Group will help you find a custom or semi-custom home that fits your lifestyle.
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