Luxury Developments Still Available for Las Vegas Home Buyers
Home buyers in Las Vegas still have options in the luxury developments of Ten Oaks and Quail Ridge Estates.
Las Vegas elite homeowners had a few different choices before the master-planned communities of Summerlin and Anthem were built. Two of these communities are still very sought after today. These are Ten Oaks in northwest Las Vegas and Quail Ridge Estates in Henderson. These two communities still offer high quality homes on large lots that are gated. They still see quite a bit of action in the market even though they are both decades old.
Quail Ridge Estates
This community is located near Pecos and Warm Springs roads and still has the amenities that families are looking for. Developed in the 1980’s, this community features 101 custom homes that range in size from 4,000 square feet to 12,000 square feet. They are in a great location close to the Strip and to UNLV, which makes them ideally located for people who work in these areas. Zar Zanganeh of Luxe Estates says of this area, “I see it as a place of value still. You get a lot more in these neighborhoods, especially if they can find a house…that’s been refinished and is nice.”
Each lot is at least a half-acre and they feature tall pine trees and green lawns that new construction cannot offer. Homeowner’s Association fees have recently been lowered to $250, due to the strong reserve funds, which means good things for the community.
Several prominent community members make their home in Quail Ridge Estates, including the founder of American West homes, Lawrence Canarelli, and the Las Vegas Sun owner, Brian Greenspun.
Ten Oaks
The gated community of Ten Oaks was developed about the same time as Summerlin, but it offers a big bang for your buck. Real estate broker Rob Jensen, says, “That neighborhood is a nice little gem, because it’s a central end of town, closer to where a lot of people work, and the lots are all big.” While some homeowners moved to other communities, they are coming back because of the convenience factor of living in Ten Oaks.
With the community park that is great for children to the big yards that offer lots of space to roam, it is no wonder that many buyers are those who have families. The homes are unique and they offer 24-hour guard gated security. In addition, the HOA fees are just $220 a month, which is much less than other neighborhoods of this kind.
If you have clients who want the luxury home without having to drive so far or without the high price, these are two areas that still seem to have a lot to offer.