People are expected to move into new Lake Las Vegas luxury homes by the third quarter of 2023. (Toll Brothers)
Production luxury builder Toll Brothers just started building models and is taking sales orders on an area across from The Island but considered part of the development. (Toll Brothers)
Blue Heron Blue Heron is building a community called Velaris in Lake Las Vegas' The Island luxury development. It will have 41 home sites with one-story and two-story homes that range from 2,870 square feet to 4,688 square feet.
Blue Heron This artist's rendering shows what the luxury home in Lake Las Vegas's new development, The Island will look like. Blue Heron will build 37 homes with large lots in a community called Arvada.
Blue Heron is building a community called Velaris in Lake Las Vegas. (Blue Heron)
Blue Heron is planning Arvada, a new community in Lake Las Vegas. (Blue Heron)
Blue Heron will build 37 homes with large lots in a new community in Lake Las Vegas. (Blue Heron)
Blue Heron is building Arvada in Lake Las Vegas. (Blue Heron)
Blue Heron will build 37 homes with large lots in a community called Arvada in Lake Las Vegas. (Blue Heron)
Lake Las Vegas in Henderson has detailed plans for what it calls its best luxury development yet on 60 acres — a parcel completely surrounded by water and hence its name, The Island.
Located on the North Shore of Lake Las Vegas north of the Westin Lake Las Vegas hotel, the luxury enclave accessible by a land bridge will feature luxury homes built by Toll Brothers and Blue Heron. There also will be custom lots. Lake Las Vegas has sold all but 25 of its waterfront lots to builders and homeowners, making this development a prime destination that buyers have been seeking for years.
“If you took Toll Brothers, custom architecture of Blue Heron and put it surrounded by water on an island, this has to be one of the best addresses in Henderson or maybe in Southern Nevada,” said Pat Parker, president of Raintree Investment Corp., the developer of Lake Las Vegas. “This is the best, and the last of the best.”
Lake Las Vegas will formally announce its plans at a groundbreaking event on the site in early December.
Parker said 222 homes will be built on The Island. Some models have already started construction and sales are underway with people expected to move in by the third quarter of 2023.
“The Island will have its own beach, its own gates and have its own trails and its own identity and landscaping,” Parker said. “This is like having a small community on 60 acres within the larger community of Lake Las Vegas.”
Production luxury builder Toll Brothers just started building models and is taking sales orders on an area across from The Island but considered part of the development. People are expected to move into those homes by the third quarter of 2023.
Called Bella Strada, Toll Brothers has 72 home sites with homes ranging from 3,228 square feet to 3,468 square feet. Prices start at $989,995.
Blue Heron will build 37 homes with large lots in a community called Arvada. the two-story homes range from 4,872 square feet to 7,749 square feet.
Blue Heron is building another community called Velaris. It has 41 home sites with one-story and two-story homes that range from 2,870 square feet to 4,688 square feet.
Reservations are expected to be announced by the end of the year. A sales pavilion is under construction on The Island and models are expected to start in the next 30 days.
The prices for Arvada will start in the mid-$2 millions, while Velaris starts in the mid-$1 millions.
Chris Beucler, president of Blue Heron Nexus, the company’s boutique communities, called it the best offering the Nexus has had to date.
“It’s a tremendous opportunity for people to have lakefront living,” Beucler said. “The island is special in that it’s double-gated and in our Arvada product it offers all lakefront homes. On the Velaris side it offers the waterway homes as well as inland homes all within this very exclusive and secluded community within Lake Las Vegas. It will be the premier offering in Lake Las Vegas, and we’re thrilled to death to be a part of it.”
Beucler said they’ve been planning and designing the project for the last 18 months and are glad to get started. He said they feel they “hit the lifestyle” that they’re trying to accentuate.
“Blue Heron homes accentuate the indoor-outdoor living, and we don’t think there’s ever been a better opportunity for people to experience that indoor-outdoor living that Blue Heron offers in such an idyllic setting.”
The Arvada homes are “a once in a lifetime opportunity” because every lot is lakefront. People will have private docks.
“I can’t imagine a better lifestyle for people who enjoy water sports,” Beucler said.
Beucler said he expects Blue Heron to be selected by lot owners to build custom homes, which he expects to range between $3.5 million to $7 million.
There are 72 custom home sites with 14 half-acre sites to be released this year and 13 half-acre sites to be released in 2023, Parker said. The lots will be in excess of $1 million with Las Vegas Sotheby’s International Realty handling the sales.
Custom lots are being sold on the two parcels of land in The Island. Las Vegas Sotheby’s International Realty is handling that. The two sections have 30 lots and have an estimated price in excess of $1 million.
“Some of the buyers are repeat customers (in Lake Las Vegas),” Parker said. “They know what they want and have been waiting for these lots and may already have their house in mind. A custom lot takes about a year-and-a-half to build a custom house.”
“We’re in the stage where pavement is in, landscaping is going in now, all the lots have been built,” Parker said.
There will be a 1-acre park and trail along the water for all residents of The Island to use. A beach for Island residents will be located near the guard gates.
The 3,600-acre master-planned community with a 320-acre lake is nearing the end of its development. The 25 waterfront lots are left to be developed across from the Toll Brothers community on The Island.
“Those have not been sold,” Parker said. “We are going to wait until we are all done. In two years, we might have 25 more, (waterfront lots) and that’s it. That will be the last of it. There will be nothing left.”
Parker said Lake Las Vegas has about 200 hillside lots yet to be sold and they won’t be disposed of for another three to four years.
“In the next five years, Lake Las Vegas will be a completed project,” Parker said.
Lake Las Vegas has about 4,000 homes and the final build out will be 5,800 homes. The land for those remaining home projects has been sold to builders, Parker said.
Customers have been asking about The Island and builders have been developing interest lists, Parker said.
“We’re extremely excited,” Parker said. “This has been the plan all along to work around the master plan and get to the best and save the best for last.”
For more information about the Lake Las Vegas custom lots at The Island, reach out to tammy@lakelasvegas.com.
Another active luxury community in Lake Las Vegas is Shoreline, which has models under construction. There are two-story and three-story options starting at $939,990.
Strata, named after the layers in the surrounding rock formations, is a gated community featuring 19 homesites with spacious backyards. Prices start at $1.32 million. There are single-story and two-story plans and homes range from 2,870 square feet to 4,688 square feet.
Caliza on the North Shore is perched on an elevated bluff that cascades toward the water. They are two-story homes with three floor plans ranging from 5,610 square feet to 7,749 square feet. They start at $2.14 million.
FAQs
Why was Lake Las Vegas abandoned? ›
But when the economy crashed last decade, Lake Las Vegas was on life support. According to reports: Developers lost the project to foreclosure after defaulting on $540 million in loans in 2007.
Did Las Vegas used to be a lake? ›History. Actor J. Carlton Adair conceived Lake Las Vegas around 1967 as Lake Adair. At the time he purchased the land and water rights.
Does Lake Las Vegas connected to Lake Mead? ›The Wash is a 12 mile long channel of water that flows from the valley, through the City of Henderson where it picks up all the waste water, and then goes on to unite with Lake Mead in southeastern Nevada two miles from the Las Vegas Lake.
Where did Lake Las Vegas get its water? ›Southern Nevada's water supply comes from a combination of Colorado River water and groundwater.
Why did Lake Las Vegas fail? ›The Turning Point for Lake Las Vegas
Things changed significantly for Lake Las Vegas when the economy crashed last decade. In 2007, developers had to foreclose the project after defaulting on loans amounting to $540 million. A year later, the project went into bankruptcy.
The last 20 years suggest that Lake Mead and Lake Powell will be unlikely to refill once they drain. We've had more than twice the number of years where the Colorado River flowed less than 10 million acre-feet since 2000 than we did in the last century, according to data presented by climate researcher Brad Udall.
Was Las Vegas the bottom of the ocean? ›Though Nevada is a desert, it was once entirely submerged hundreds of millions of years ago. The state experienced everything from warm, shallow seas to deep ocean basins.
Was Las Vegas once an ocean? ›Over 500 million years ago, Southern Nevada was covered by a shallow sea. This sea expanded and retreated several times for 250 million years in the area where lakes Mead and Mohave now lie. Over the next 200 million years the sea retreated as the western edge of North America was formed.
Can Las Vegas survive without Lake Mead? ›Without Lake Mead, Las Vegas would lose access to 90 percent of its water sources. If Lake Mead were to reach dead pool, it would technically still be able to supply drinking water to Las Vegas. But there will not be enough water for agricultural activities.
What is the real reason Lake Mead is drying up? ›Climate change and a historic drought affecting the Colorado River have turned local waterbeds throughout the southwest into veritable deserts. And in Lake Mead, just outside Las Vegas, the environmental crisis has led to the discovery of artifacts and even the remains of people who were lost to the waters long ago.
Why did they drain Lake Mead? ›
Lake Mead flooded a vast area of the desert when the Hoover Dam was built. Now the lake is draining due to drought and climate change. This month, authorities discovered two bodies after they were exposed by dropping water levels. One person was likely shot in the mid-1970s or 80s, police said.
What is causing the decline of Lake Mead? ›According to the US Bureau of Reclamation, Lake Mead is experiencing record-low water levels, primarily due to the historic, 20-year long drought conditions caused by a combination of natural and anthropogenic activities.