38°F
weather icon Clear

Luxury homebuilder launching project at Lake Las Vegas

A luxury homebuilder is launching a project at Henderson’s Lake Las Vegas.

Blue Heron announced Thursday that it plans to break ground on the Vantage community in early March.

Vantage has 37 home sites, and prices start in the $700,000-range, according to the announcement.

“Vantage will bring a new style to Lake Las Vegas as this area once again booms with growth,” Blue Heron owner Tyler Jones said in the 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.

Don't miss the big stories. Like us on Facebook.
THE LATEST
Former Las Vegas home of Kenny Rogers lists for $3.19M

The heart of historic Las Vegas holds a glamourous property that personifies a timeless era and has a rich history marked by notable residents including the late country music legend, Kenny Rogers.

Lake Las Vegas home sales on pace for best year since Great Recession

The global pandemic and desire for more space and isolation appears to have benefited Lake Las Vegas in a strong way in 2020 and the lakeside community is on pace to have its best year since prior to the Great Recession more than a decade ago.