Now that you’ve got all sorts of fantastic interior design ideas, there’s just one last thing you need: an actual home. As the Southern Nevada rental and real estate markets continue to rebound, several developments—some in the planning stages for years; some resurrected after lying dormant during the Great Recession—are sprouting up across the Valley. Here’s a quick tour of four such communities—plus a luxury high-rise for sale that just might be beyond your means:
Ascaya was under way from 2005 to 2008 before it took an unplanned hiatus because of the housing crash. Nine miles south of the Strip in Henderson, Ascaya’s 313 luxury estate home sites offer unobstructed views of the Valley. The development is an enclave fortified by 31 miles of rock walls, with a lot of land set aside as open space to maintain the natural desert mountain landscape, which borders the Sloan Canyon National Conservation Area. The peak of Ascaya overlooks a 48,000-acre stretch that is home to bighorn sheep, desert tortoises and more than 300 ancient rock petroglyphs. The Ascaya Clubhouse, set to break ground in 2016, will offer wellness and rejuvenation services, as well as a place for residents to unwind and socialize. Home sites ranging from one-half acre to more than six acres start at $800,000. Ascaya began accepting reservations in August and purchasing agreements in September.
Horizons Edge South
Just east of Gibson Road on Horizon Ridge Parkway, this Henderson community by DR Horton showcases 89 urban contemporary courtyard homes styled in three floor plans, which range from 2,820 to 3,220 square feet and offer three to four bedrooms. Breaking the cookie-cutter feel of the typical tract development, Horizon’s Edge South, which abuts Black Mountain, employs a cubist design. Options include a third level that has an open deck, a covered deck with fireplace, or an observatory-style design. Other amenities include a wine room, atrium or courtyard, and 8-foot opaque glass-panel garage doors. Sales opened in February starting at $473,900.
WGH Partners will complete the 100 multifamily units, formerly known as City Club, at the corner of Cactus Avenue and Bermuda Road in November. The rental property offers one to three bedrooms, ranging from 930 to 1,900 square feet. Many of the two-bedroom residences have dual master suites. The building surrounds a courtyard with a pool, spa and cabanas—a design not often found in Las Vegas. There will also be a lounge, coffee bar and fitness center, as well as Wi-Fi throughout and on-site storage units. The Lennox will cater to young (21-45 years old) and affluent professionals. Rents are expected to be $1,300 to $3,000 per month.
The Howard Hughes Corp. and Discovery Land Co. will develop 555 acres of estate homes on large parcels of land adjacent to Downtown Summerlin. The yet-to-be-named enclave will sport a Tom Fazio-designed, 18-hole golf course and other amenities befitting a resort community. Set to rival the Ridges (its neighbor to the north), sales
will begin in late 2015.
The Crown Penthouse
Completed in 2006, One Queensridge Place—the dual towers on Rampart Boulevard and Alta Drive—were imbued with new life in 2013, garnering more than $101 million in sales thanks to an upswing in the luxury housing market. Residences range from 2,100 to 15,670 square feet, and the building comes with every amenity imaginable, including a full spa that rivals anything in a Strip resort. One of the most prestigious pieces of real estate within the building—the Crown Penthouse, with 24,000 square feet of indoor/outdoor living space—is now for sale. If you need seven terraces and have $12.9 million to spend, this is definitely where you want to live.