Lake Las Vegas Real Estate Snaps Back

By Art Nadler

Ask people who have lived in Southern Nevada for some time and many are of the opinion that real estate has basically flatlined at Lake Las Vegas. But in reality, all those pockets of new-home construction you see popping up throughout the Las Vegas Valley, actually mirror exacting what’s also taking place at this 3,592-acre desert oasis built adjacent to a 320-acre man-made lake.

There are six developments at Lake Las Vegas that include: CalAtlantic Homes Regatta Pointe, 2,153 to 2,856 square feet from the mid-$300,000s; CalAtlantic Homes Regatta Heights, 2,642 to 3,100 square feet from the mid-$400,000s; William Lyon Homes The Peaks, 2,977 to 3,399 square feet from the high $400,000s; Century Communities Monte Lucca, 2,537 to 4,187 square feet from the high $500,000; William Lyon Signature Home Largo Vista, 3,733 to 5,032 square feet from the high $700,000s and the newest Estates at Reflection Bay development from Lake Las Vegas Realty Services, which are custom lots being built on nine 1-acre waterfront property on the North Shore.

Estates at Reflection Bay lots are priced from a low $1,300,000 for waterfront/mountain views to $1,990,000 for a waterfront/golf views. The Shapiro &Sher Group of Las Vegas is handling real estate sales in conjunction with Swaback Partners architectural design group from Scottsdale, Arizona. A 9,755-square-foot custom showcase home is currently being built.

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