60°F
weather icon Clear

Del Webb plans 125-acre project at Lake Las Vegas

Del Webb, developer of the 55-and-over Sun City communities, has unveiled plans for its first project in the Las Vegas Valley in more than a decade.

The developer said Tuesday it expects to break ground in November on Del Webb at Lake Las Vegas, a 125-acre gated community in Henderson.

The 55-and-over project will feature 461 single-family houses ranging from 1,500 to 2,800 square feet, as well as a 10,000-square-foot clubhouse, pickleball, bocce ball courts and other amenities.

Del Webb, owned by Atlanta-based homebuilder PulteGroup, did not provide home prices in the news release.

Spanning 3,600 acres, the faux-Mediterranean community of Lake Las Vegas boasts mansions, luxury hotels, golfing, retail and a 320-acre man-made lake.

After the mid-2000s bubble burst, it was one of the hardest-hit projects in one of the hardest-hit regions of the country. Tourism dried up, golf courses closed and turned brown, and even a man-made waterfall was turned off.

Lake Las Vegas has made headway under New York hedge-fund billionaire John Paulson, who acquired about 1,000 acres there after the market crashed.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

MOST READ
Don't miss the big stories. Like us on Facebook.
MORE STORIES
THE LATEST
 
Nevada No. 1 in adding real estate agents, study says

Experts say there are a variety of reasons why the real estate industry is growing in Nevada, even though the profession is losing numbers nationally.

Las Vegas Valley’s most expensive home listings for September

With the top 10 most expensive new home listings from September range from $15 million to $7.7 million, according to Las Vegas Realtors, three of them were condos or penthouses located in premier Las Vegas neighborhoods.

 
Rents are dropping in Las Vegas Valley, study says

A new report shows a slight drop in asking rental rates in Las Vegas as Sun Belt cities across the country see declines. Here’s why.

 
Floyd Mayweather selling Las Vegas mansion — PHOTOS

Multimillionaire boxer Floyd Mayweather’s Southern Highlands home features a five-car garage and something celebrity real agent Matt Altman has never seen before.

Major homebuilder buys prime land on Boulder Highway

One of the Las Vegas Valley’s largest homebuilders has snatched up 20 acres of prime land in the southeast valley for $19 million.