86°F
weather icon Clear

$6.77M Lake Las Vegas home to open this fall

Lake Las Vegas has unveiled what’s dubbed its most luxurious community in the development’s third and final phase that introduces the North Shore with contemporary-style homes.

Called the Estates at Reflection Bay, Lake Las Vegas is offering nine 1-acre custom lots ranging from $1.2 million to $1.9 million, and 15 half-acre custom lots ranging from the mid-$300,000s to $650,000.

The numbers haven’t been finalized but there will be about 16 quarter-acre lots. Those prices have not been set.

Lake Las Vegas has already commissioned the construction of what it calls a Waterfront Show Home that’s expected to be completed this fall. It measures more than 8,500 square feet and has been listed for $6.775 million and has already drawn interest from buyers.

The plan for this neighborhood is to sell the 39 remaining custom lots and let the owners design and build their own homes.

An adjacent neighborhood in which luxury builder, Blue Heron, will construct about 40 homes will be unveiled later this year.

The North Shore with its 1,000 acres will be built in multiple phases, and the builders will be announced in the future, according to Cody Winterton, Lake Las Vegas’ senior vice president.

“One this side of the lake, we had the opportunity to envision what we wanted it to look like, so it’s different than anything else at Lake Las Vegas because we have a clean break and new side of the lake that hasn’t been touched,” Winterton said.

The building restrictions at Lake Las Vegas have been rewritten to set the guidelines for the third phase that is different from the South Shore, Winterton said.

“The intent of the home is to set the tone for this whole phase of the community,” Winterton said.

“Lake Las Vegas has historically stuck with a very Mediterranean and Tuscan feel, and this side will be more desert contemporary and modern. I think with the market right now, and a lot of people that are coming to Las Vegas are attracted to this style of architecture. It is timeless.”

The show home was designed by Vern Swaback and Michael Wetzel of Arizona-based Swaback Architects + Planners. Merlin Contracting, which the National Association of Homebuilders named the 2017 Custom Home Builder of the Year, is the contractor.

“The guidelines for this are typical for what you would expect for a new development,” Wetzel said. “They are not overly restrictive in keeping the heights down. There is flexibility with that and architecture style, and with the ability to get close to the water and have flexibility and freedom to position the house.”

Swaback trained with Frank Lloyd Wright and was his youngest apprentice when he began his work with the famed architect. He worked with the Wright organization for 21 years, even serving as the foundation’s CEO and president, Wetzel said.

“So much of what Wright taught Vern was put into this home,” said Wetzel, a partner with Swaback. “The soft contemporary feel, the use of color, the clean lines and even the position of the home on the site are all defined by his work. … We wanted to create a Frank Lloyd Wright touch and layering of the roof planes and within those we have clerestory windows that flood the inner space with natural light. And those roof overhangs help prevent a lot of glare.”

Ivan Sher and his group with Berkshire Hathaway Home Services, Nevada Properties, who represents all of the custom home lot sales at the Estates at Reflection Bay, said a home that’s considered modern is a big box and minimalist with a lot of grey and white and few accents. This home has a warm contemporary feel to it, and people are excited.

“The people who live around here have been waiting for this and are so excited about the change and contemporary look and feel,” Sher said. “They feel that although (Lake Las Vegas) is beautiful and gorgeous and aesthetic, the new trend is definitely contemporary and something a little bit more modern in today’s style.”

Those looking to buy in Lake Las Vegas are different than those who want to purchase in Summerlin, MacDonald Highlands and other luxury communities in Las Vegas, Sher said.

“It is a different client,” Sher said. “The people coming from California that lived on the ocean or by the ocean didn’t know this existed. They come out here, and are quite for a second. They can’t believe it. There’s silence.”

People buying custom lots will have homes that range from more than $1 million up to $10 million.

The two-story showcase home has four bedrooms; four full baths and one half bath; and three-car garage that can be expanded to four bays.

Wetzel said the team wanted the experience to start when you arrive on the property, and it has a lot to do with how you approach the house.

“We integrated some site feature walls that are also stone and tie into our three main stone walls at the entryway,” Wetzel said. “We integrate the landscape so it is part of that arrival. When you come to the front of the homes, you are greeted by this wonderfully tall entryway. The three stone feature walls reach out and pull you in.”

There’s a glass pivot door as you enter the home that allows you to “embrace the lake.” Wetzel said.

“As soon as you come in the door, your arrival is looking over the spa to a negative-edge pool and spa that ties right to the lake so you have that instant connection,” Wetzel said.

The great room has a, 18-foot-wide sliding pocket door that allows the home to nearly triple in size because of the indoor and outdoor elements and ceiling lines that extend to the inside. The great room is on the south side of the home with a large open kitchen and butler pantry, Wetzel said.

There’s a game room and entertainment room with views that tie to the lake, and the master suite is on the north side. The second level has three bedrooms.

The North Shore features a new beach area and nearly 2 acres of open space.

“The key is the indoor-outdoor,” Winterton said. “What is magical about Lake Las Vegas is you don’t even feel you are in the desert. When these glass doors are open on a nice night and you’re throwing a party and you have the lake and the pool in the backyard, that is a setting that’s hard to capture in Las Vegas, and that’s what we’re most excited about. When you look to the South Shore, that style of architecture didn’t embrace the indoor and outdoor and openness. It wasn’t a thing at the time.

Bringing the outside in and when you have a view like this, making that part the house is a big change.”

Lake Las Vegas is owned by hedge fund manager John Paulson through his Paulson &Co. In 2012, he purchased 835 acres for $17.3 million from Highland Capital and Credit Suisse as part of a long-term bet that builders will buy lots and build homes as the economy recovers in the 3,600-acre master-planned development.

The total third phase was entitled for 4,000 homes, but Winterton said it will likely end up between 2,000 and 3,000. Lake Las Vegas has about 1,800 homes and nine communities have opened in the last 18 months, he said. Paulson has invested $50 million in upgrading Lake Las Vegas.

“This is the last big milestone for Paulson to open up this side of the community. We’re more than ready to take off,” Winterton said. “We have a lot of people from California coming to take a look.”

The Westin Lake Las Vegas, which is down the street from the Estates at Reflection Bay, recently finished a $45 million renovation of its property, Winterton said.

Don't miss the big stories. Like us on Facebook.
Real Estate Millions Videos
Peter Lik Designs Homes In Las Vegas - Video
Photographer Peter Lik has teamed up with Jewel Homes to design new homes for Las Vegas that take inspiration from different parts of the world.
Mount Charleston Home - Real Estate Millions
Louis Castle shows off his Mount Charleston home with beautiful view of the mountain.
Pardee Homes Terra Luna Wins Home Of The Year - VIDEO
Pardee Homes' Terra Luna in Summerlin wins the Silver Nugget's 2019 home of the year award.
Real Estates Millions: Midcentury Remodel - Video
Originally built in 1966, this Midcentury Remodel has been modernized to appeal to the masses. The larger than life windows brighten up the entire home and offer brilliant views of the nearby mountains and golf course.
Real Estate Millions: Lake Las Vegas (23 Summer House Drive)
Real Estate Millions: Angeles Home In MacDonald Highlands - VIDEO
Angeles Scorsetti's nearly 10,000-square-foot home she and her husband, Steve Mason, purchased on the Dragon Ridge Golf Course and spent six months remodeling, leaving behind their Mandarin Oriental penthouse where they lived 8 years above the Strip.
Real Estate Millions: Boulder City Home - VIDEO
Mal Farmer takes us on a tour of her Bolder City home that she remodeled and lived it with her late husband Richard for over 30 years.
Real Estate Million: 27 Shadow Canyon Court - VIDEO
27 Shadow Canyon is a $5.5 million dollar home is 9,825 square-feet with six bedrooms and 7 baths. Shadow Canyon is equipped with an assortment of Tesla Amenities including power walls, solar panels, and an electric car.
Real Estate Millions: 2019 New American Remodel
Real Estate Millions: Las Vegas Motorcoach Resort - VIDEO
Various RV owners living in the community of the Las Vegas Motorcoach Resorts gives the crew a tour of their motor homes.
Real Estate Millions: Brett Raymer's Tanked Home - VIDEO
Brett Raymer from the TV show "Tanked" gives us a look into his 4 story home on the edge of Lone mountain. What would a tanked home be without a 700-gallon custom aquarium in the kitchen and a 6,000-gallon Koi pond in its resort-style backyard.
Real Estate Millions: 460 Probst Way
460 Probst Way is listed for $4.5 million and has 5 bedrooms, 6 baths, 4 car garage and is 6,738 square feet. The home is in a gated compound with an outdoor pool, deck, and kitchen with near 360 degree of the las vegas valley. The house will be auctioned on April 26-29th.
Real Estate Millions: Home + History Tour - VIDEO
A 1963 Paradise Palms home. Originally called the Monterey, the open floor plan features a living, dining and kitchen area in main living area, original hardwood flooring, original central vac system, both master bathrooms have original starburst tile and vanities, fully renovated kitchen with quartz counters and new appliances, waterfall edge island with counter seating, ‘Cosmos,’ a Soviet-inspired lounge with fog machine, laser lights, sound system and full bar, fresh paint, retro furnishings, new carpet, pool, pool deck with seating and covered bar, lifetime block and steel construction.
Real Estate Millions: Jim Rhodes Home Most Expensive In Las Vegas - VIDEO
Jim Rhodes has created the most expensive home on the market in Las Vegas. The home is listed at $29,995,000, 9,798 sq. ft., 8 Bedrooms, 8 Full Baths, 2 Half Baths and has 360-degree views of the Las Vegas Strip.
Pawn Stars Rick Harrison Real Estate Millions - VIDEO
Reality TV star Rick Harrison from Pawn Stars shows his eccentric home off in the Red Rock Country Club. The house is 8,845 square feet. It has five bedrooms, seven bathrooms and three additional rooms. It is listed at $3,999,999.
Real Estate Millions: Boulder City Home (613 Lido Dr) - VIDEO
Sitting on top of a mountain overlooking the Lake Mead recreation area, Scott Baranoff gives a tour of his 4,655 square feet Frank Lloyd-Wright inspired home in Boulder City.
Real Estate Millions: Hard Luck Mine Castle
Real Estate Millions: Flip or Flop Vegas
Real Estate Millions: Myron Martin
Real Estate Millions: $15M Palms Place Penthouse
Phil Maloof’s Palms Place Penthouse, which takes up the entire 59th-floor, is for sale for $15 million. (Samia DeCubas/Real Estate Millions)
Real Estate Millions: The New American Home 2019
Real Estate Millions: The highest-priced condos sold in Las Vegas in 2018
Real Estate Millions: One Queensridge Place
Real Estate Millions: 1210 Macdonald Ranch
Real Estate Millions: Jonathan Marchessault
Vegas Golden Knight Jonathan Marchessault, shows off his Summerlin home.
Real Estate Millions: Say Yes To The Nest
Camila and Brent Lincowski have planted roots in the Las Vegas area with a $1.5 million home in Henderson.
Real Estate Millions: KB Smart Home
KB Homes and Google have teamed up to create a smart home.
Marc-Andre Fleury selling Las Vegas home for $2.5M - VIDEO
Golden Knights goalie Marc-Andre Fleury has put his custom Southern Highlands home on the market for $2.5 million. The single-story home, built on a .63-acre lot in 2015, measures 5,285 square feet and has a 717-square-foot casita and three-car garage. It has five bedrooms and six baths. Fleury bought the home from former NHL player and fellow Canadian Sheldon Souray, according to public records. When he signed his three-year, $25M contract extension over the summer, Fleury told the media he and his family love Las Vegas and cited its great schools and neighborhoods with a lot of things for kids to do. Fleury said he and his family love their home in Southern Highlands, but wanted to be “closer to the Summerlin area." Home photos courtesy of Ivan Sher Group
Marc-Andre Fleury selling Las Vegas home for $2.5M - VIDEO
Golden Knights goalie Marc-Andre Fleury has put his custom Southern Highlands home on the market for $2.5 million. The single-story home, built on a .63-acre lot in 2015, measures 5,285 square feet and has a 717-square-foot casita and three-car garage. It has five bedrooms and six baths. Fleury bought the home from former NHL player and fellow Canadian Sheldon Souray, according to public records. When he signed his three-year, $25M contract extension over the summer, Fleury told the media he and his family love Las Vegas and cited its great schools and neighborhoods with a lot of things for kids to do. Fleury said he and his family love their home in Southern Highlands, but wanted to be “closer to the Summerlin area." Home photos courtesy of Ivan Sher Group
Real Estate Millions: Waldorf Astoria penthouses
Real Estate Millions: Cold Creek Log House
Home builder Toll Brothers has plans in Summerlin
Toll Brothers purchased of 128 acres of property near Mesa Park Drive and Town Center Drive will be used for a housing development. (Michael Quine/Las Vegas Review-Journal)
THE LATEST
 
Linda Faiss’ Boulder City home lists for $1.5M

Faiss’ Santé Fe estate, 835 Temple Rock Court is listed for $1.5 million through Bret Runion, broker of Desert Sun Realty.

 
Realtor specializes in midcentury remodels

Just say midcentury modern to Hayden Ross, and she’s all in. The Las Vegas Realtor and special needs physical education teacher for the Clark County School District specializes in that architectural style.

 
Designer Angeles Scorsetti creates showcases in home

The home, itself, is a series of elaborate showrooms, including the cabana, decorated by the perpetually inspired Scorsetti. All of the furniture and lighting is from their company, Scorsetti Design, which has a studio on 3091 Tompkins Ave. They have access to a library of 1,000 vendors all over the world. The interior decorating firm has created unique looks for many high-end homes throughout the Las Vegas Valley.

American Institute of Architects holds trade show in Vegas

About 20,000 members of the American Institute of Architects will descend upon Las Vegas Wednesday through Friday for the first time in 14 years as part of its annual gathering that had the group in New York City a year ago.

 
Las Vegas estate comes with Tesla for $5.5M — PHOTOS

GLH is collaborating with Tesla Inc. and other new technology vendors to create “superluxury homes of the future.” The company’s goalis to showcase intelligent, elegant, automated and eco-friendly homes within an integrated smart community that includes transportationas part of the residents’ lifestyle amenities.

 
New American Remodel built for energy efficiency — VIDEO

In seeking a Las Vegas home to turn into a state-of-the-art, high-end luxury remodel, architect Michael Gardner chose what he referred to as a “poorly built” 1950s single-story downtown ranch home on a property with well and water rights in an agriculturally designated area.

 
Las Vegas motorcoach resort offers luxury amenities

The Las Vegas Motorcoach Resort has elevated the RV lifestyle to a fine art, with amenities like a 10,000-square-foot clubhouse, a fitness center, a 24-hour guard gate and concierge services.