The site of new luxury condominium homes at Mira Villa in Summerlin is seen Monday, Aug. 26, 2019, in Las Vegas. Toll Brothers will finish the first two units of new luxury homes around June 2020.
If construction and sales at at Mira Villa are any indication, demand for luxury homes in Las Vegas remains strong.
Mira Villa, a Toll Brothers luxury condominium community at 9151 Canyon Run near the JW Marriott in western Las Vegas, has 11 penthouses planned as it finishes building out the community. Of those 11 penthouses, it has already sold five, sales associate Thea Boyd said.
The 3,700-square-foot penthouses are the high-end feature of Mira Villa and come with wraparound, covered verandas and four-car garages. They have mountain and city views and overlook Angel Park golf course.
The penthouses are listed for $1.2 million. Other luxury condominium homes at the site, which are around 2,000 square feet, start in the low $600s.
Boyd noted that Angel Park is a public golf course and unlikely to suffer the fate of Badlands golf course, which was closed in 2016 and remains mired in a long-running dispute over future development.
Toll Brothers is building a total of 19 new luxury condos at the site in Summerlin. The first two will be complete around June 2020, she said.
Toll Brothers, which is relocating employees to new headquarters in the Philadelphia area this fall, is completing a project started by Westmark Homes. Westmark, which filed for bankruptcy in 2008, built the existing condominium homes over a 10-year period before selling the remaining land to Toll Brothers in 2017.
In addition to Mira Villa, Toll Brothers is building or selling homes in 10 other communities in the Las Vegas Valley.