Going To Vegas
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Property

Buying Property in Las Vegas

Tue, Feb 05, 2013

Did you love Vegas so much on your last trip that you are planning on moving here? You’re in luck, not a city in the U.S. rode so high on the housing bubble, nor fell so far as Las Vegas. Add to that no State tax, as long as you are not addicted to gambling Las Vegas is one of the least expensive cities in the country... we mean out of the cities where anyone would actually want to live (no offense Omaha, okay maybe a little offense Omaha).

On the Strip

Until recently the only people who lived on the Strip were celebrities and millionaires who could afford to live in a hotel room. With CityCenter all but complete, and most of the rooms open, you can now buy quality property with a Las Vegas Blvd address. Mandarin Oriental, Veer, and Vdara have condos ranging from 300k to 3M+. Keep in mind most of the rooms aren’t that large, for example currently (while writing this, it may have been sold since) Mandarin Oriental has a 1007 sq ft luxury condo for sale for over 3 million.

Condos in the 300k range at any of the towers will usually be even smaller and on lower floors with not quite the view. All of the condos are very beautiful, and this is the only property for sale on the actual Strip.

South of the Strip are many nice condos, and for a fraction of the price. These will range from 80k to the low six figures. Even though these places are on Las Vegas Blvd, they are not on the Strip.

Over the last couple of years hotels like the Rio, Polo Towers, and Planet Hollywood have built condos just off the Strip, literally within a block. These will range from the lower six figures to over a million depending on the current market.

Planned Communities in Las Vegas

If you need some room for you and your family, you are going to have to live 20 or so minutes off the Strip, either North Las Vegas, Summerlin, or Henderson. There are also many nice places in both east and west Las Vegas. Here are some beautiful planned communities:

  • Anthem – South of the city at the foot of the Black Mts. 275k to several million.
  • Desert Shores – Northwest on the east side of Summerlin. 325k – 1.5M.
  • Eldorado – Far north of the city. 200k – 650k.
  • Elkhorn Springs – Closer to Mt. Charleston. Prices start at 200k.
  • Green Valley – In Henderson, which is southeast of the city. 350k – 6M
  • Iron Mountain Ranch – Northwest Las Vegas. Moderately priced homes.
  • Lynbrook – Another development in northwest Las Vegas. 200k – 500k.
  • Mountains Edge – Southwest Las Vegas. No prices available.
  • Peccole – Near the Lakes and Summerlin. 300k – 4M.
  • Rhodes Ranch – Southwest Las Vegas, and on a public golf course. 300k – 800k.
  • Seven Hills – In the southern foothills and around the Rio Secco golf course. 350k – 1.2M
  • Silverado Ranch – Next to Green Valley, within Las Vegas. Starting at 200k.
  • Silverstone Ranch – On Silverstone Ranch golf course northwest of the city. 300k -900k.
  • Summerlin – Largest master planned community in Las Vegas, northwest of the city. 300k to over 4M.
  • The Lakes – West of the Strip next to several man-made lakes. Condos from 200k and waterfront homes up to 1.5M.

Golf Course Properties

  • Anthem Country Club – 550k to 4M.
  • Canyon Gate Country Club – 400k to 2M.
  • Lake Las Vegas – 400k to over 6M.
  • Las Vegas Country Club – 350k to 2M
  • MacDonald Highlands – 300k to 2M.
  • Red Rock Country Club – 600k to 1.5M.
  • Rhodes Ranch – 400k to 700k.
  • Silverstone Ranch – 200k to 700k.
  • Southern Highlands – 300k to 1M.
  • Spanish Trails – 300k to 1.3M.
  • Stallion Mountain Golf Club – 300k to 400k.
  • Tournament Players Club (TPC) – 1.5M to 5M and up.

Las Vegas Estate Neighborhoods

  • Canyon Crest – 500k to over a million
  • Canyon Fairways – 700k to 2M
  • Desert Trails – 500k to 1M
  • Estates at Green Valley – 600k to 2M
  • Eagle Hills – 700k to 2.5M
  • Grand Legacy – 300k to 2M
  • Hillsboro Heights – 500k to 1M
  • Marquis Las Vegas – 1.5M and up
  • Mountain Trails – 850k to 2M
  • Quail Ridge – 600k to 2.5M
  • Queensridge – 400k to 1M
  • Seven Hills Custom Lots & Homes – 1.2M to 5M
  • Tucson Ridge – 400k to 600k
  • The Fountain – 600k to 2M

Las Vegas Retirement Communities

  • Los Prados – Northwest Las Vegas
  • Promenade – Near Meadows Mall
  • Siena – In Summerlin
  • Solera – In Henderson at the foot of Black Hills
  • Sun City Aliante – North of the city
  • Sun City Anthem – At Revere Golf Club
  • Sun City McDonald Ranch
  • Sun City Summerlin – Green Valley
  • Sun Mountain Retirement Community - Summerlin

Prices are unavailable, but contact each residence for all information.

High Rise Condos

You’ll see them sprinkled here and there across the Las Vegas Valley. These are a great alternative if you are looking for low maintenance, but do not want to pay the often outrageous prices of some of the luxury condos on and close to the Strip. Prices range from 60k and up depending on location and size.

Ranch Style Horse Properties

Yes, you can find them in the greater Las Vegas area, normally 20-30 minutes from the Strip in any direction. The main areas these properties will be available are far northwest past Ann Rd, and southwest and southeast, outside of Henderson and toward Pahrump respectively.

Las Vegas is, and has been for over a decade now, one of the fastest growing cities in the country. For a time Henderson (a suburb of Las Vegas) and Las Vegas were the first and second fastest growing cities respectively. You can find property throughout the city, from comfortable family living, to luxurious mansions in the historic district just south of the Strip.