Las Vegas Luxury Homes

Las Vegas luxury homes for sale

Every home listed at $1 million or more, from hillside estates to Strip high rises.

Rated 4.9 on Zillow from 88 reviews.

274Homes listed
61Days on market
$505Price per sq ft
$1,741,661Median list price
LVR, updated November 13, 2026

What does a luxury home look like in Las Vegas?

In Las Vegas a million dollars buys a lot more house than on the coast, so this page starts there: 274 homes listed at $1 million or more across the valley right now, at a median list price of $1,741,661.

  • About 2,460 homes sold for $1 million or more in Southern Nevada in 2025, the most in years.
  • Summerlin had more than a third of those sales, and Henderson had the highest average price.
  • Most luxury homes are behind a gate, many of them guard gated: The Ridges, Red Rock Country Club, Southern Highlands Golf Club, MacDonald Highlands, and Ascaya.
  • Buyers choose between new custom homes on the hillsides, older estates on big lots in the center of town, and high-rise residences on the Strip.
  • Nevada has no state income tax, and owner-occupied homes have a cap on how fast the property tax bill can rise.
  • Most purchases above $832,750 need a jumbo loan or cash.
Price$1.5M to $2M
$1M$50M

Showing 16 of 274 homes

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Market

What is the Las Vegas luxury home market doing?

Las Vegas Luxury Homes sold for a median of $1,425,000 over the last 12 months, usually in about 39 days at 94.3 percent of the original list price. With 1,411 homes for sale, that is 9 months of supply. Supply is high, which gives buyers room to negotiate.

Median sold price
$1,425,000
Median days to sell
39
Sale to original price
94.3%
Months of supply
9

How competitive is the Las Vegas Luxury Homes market?

Buyers in Las Vegas Luxury Homes have room to negotiate: most homes sell under the asking price. Over the last six months homes sold for a median 96.2 percent of their final asking price and 20 percent sold at or over asking. That is from 942 closed sales.

Median sold price by month

$1.3M
$1.4M
$1.5M
$1.6M
$1.7M
$1.65M

Closed sales in Las Vegas Luxury Homes, last 12 months, 1,907 sales. LVR data as of November 13, 2026.

Prices

How many Las Vegas Luxury Homes homes are for sale at each price?

Las Vegas Luxury Homes has 1,411 homes for sale. The most, 557, are priced between $1M and $1.5M.

Community guide

What is it like to buy a luxury home in Las Vegas?

A luxury home in Las Vegas usually means space, privacy, and a view. A million dollars here can still buy a newer single-family home with a pool in a gated neighborhood, and the top of the market runs into eight figures for custom estates on the hillsides. Southern Nevada closed 2,462 sales at $1 million or more in 2025, up 13.6 percent from the year before, according to Nevada State Bank's High Net Worth Report, even as the overall market had its slowest year since 2007.

Where those homes are tells you most of the story. Summerlin had 927 of them, more than a third, from The Ridges and Red Rock Country Club to newer neighborhoods on the west edge. Henderson had 517, with the highest average price in the valley at about $2.3 million, much of it in MacDonald Highlands and Ascaya. The south valley has the Southern Highlands Golf Club, and if you want to be near the Strip, the high-rise residences at Waldorf Astoria and Turnberry Place trade a yard for a doorman and a view.

The big choice is new or established. New custom homes on the hillsides have modern floor plans, big glass, and views, and they come with newer HOAs, design review, and sometimes a long build. Older estates in Spanish Trail, Queensridge, or the Scotch 80's give you bigger lots, mature trees, and a central location, and often need updating. Production builders also sell homes over $1 million now, which look similar in photos to a custom home but are built differently.

Some of the costs here surprise buyers from out of state. Summer power bills for a large home with a pool can run high, guard gated communities often stack a master HOA, a neighborhood HOA, and a club, and a custom home with few recent sales nearby can be hard to appraise. On the other side, there is no state income tax, and once you file the primary residence form, your property tax bill can rise no more than 3 percent a year.

Before you buy

What should you check before buying a luxury home in Las Vegas?

Line up jumbo financing early, plan for an appraisal gap, get an insurance quote for the exact address, and read every HOA package before you remove contingencies.

  1. Jumbo financing and reserves

    Loans above $832,750 in Clark County are jumbo loans in 2026. Lenders usually want a larger down payment, more cash in reserve, and fuller documentation, so get pre-approved with a lender who does jumbo loans before you shop.

  2. Appraisal gap

    Custom homes and view lots have few true comparable sales, and appraisals can come in under the price. Know how much cash you would bring to cover a gap, and keep an appraisal contingency if you need one.

  3. Insurance for the exact address

    Replacement cost on a large custom home is high, and premiums vary with the roof, the pool, and the claims history. Get a quote on the actual address early, not a general estimate.

  4. Inspections sized to the house

    Large homes often have several air conditioning systems, pool and spa equipment, solar, elevators, and smart home wiring. Hire inspectors for each, and ask for the age and service records of every system.

  5. HOA layers, gate, and design review

    Many luxury communities have a master association, a neighborhood association, and a separate club. Ask for every resale package with dues, special assessments, transfer fees, and any SID or LID balance, and read the design rules before planning a remodel.

  6. View and lot protection

    Find out what can be built on the empty lots in front of or below the home, and how high. A view lot is only worth the premium if the view stays.

  7. Property tax cap

    File the primary residence form with the Clark County Assessor in your first year. Without it, the bill can rise up to 8 percent a year instead of 3.

  8. Power and water costs

    Ask the seller for 12 months of power and water bills. If the home has solar, find out whether the panels are owned or leased.

Cost of ownership

What does it cost to own a luxury home in Las Vegas?

At the live median list price of $1,741,661, with 20 percent down, the monthly payment below includes the loan, property tax, insurance, and typical HOA dues. Club dues are separate. Change any number to fit your budget.

Estimated monthly payment $10,094
  • Principal and interest$8,807
  • Property tax$871
  • Home insurance$417
  • HOA dues$0

Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from VIPhomes.Vegas.

Jeremy DayFive Star Mortgage · NMLS 2819600

Real numbers come from a lender. Jeremy Day at Five Star Mortgage is the one we trust.

Price reduced

Which Las Vegas luxury homes just dropped their price?

Homes listed at $1 million or more that are now below their original price, newest cuts first.

Showing 6 of 529

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Questions, answered

Questions people ask about Las Vegas luxury homes

What counts as a luxury home in Las Vegas?

This page shows every home listed at $1 million or more, the same line Nevada State Bank uses in its yearly luxury report. In the top communities, many homes start well above that.

Where are the best luxury neighborhoods in Las Vegas?

The Ridges and Red Rock Country Club in Summerlin, Southern Highlands Golf Club in the south valley, MacDonald Highlands and Ascaya in Henderson, and Spanish Trail, Queensridge, and the Scotch 80's closer to the center.

Where do the most million-dollar homes sell?

Summerlin. It had 927 of the 2,462 Southern Nevada sales at $1 million or more in 2025. Henderson was second with 517, and had the highest average price, about $2.3 million.

Are Las Vegas luxury homes guard gated?

Many are. The Ridges, Red Rock Country Club, Southern Highlands Golf Club, MacDonald Highlands, Ascaya, Spanish Trail, Queensridge, and SouthShore all have staffed gates. The Scotch 80's is an older neighborhood with no gate and no HOA.

Do I need a jumbo loan?

If you borrow more than $832,750 on a single-family home in Clark County in 2026, yes. Jumbo loans usually ask for more down, more reserves, and more paperwork.

Does Nevada have a state income tax?

No. Nevada has no state income tax, which is one reason buyers move here from California and other high-tax states.

How much can property taxes go up on a luxury home?

If you file the primary residence form with the Clark County Assessor, the bill can rise no more than 3 percent a year. Second homes are capped at 8 percent.

Can I buy a luxury condo on the Strip?

Yes. Waldorf Astoria, Veer Towers, Turnberry Place, and One Queensridge Place, off the Strip in Queensridge, all have residences over $1 million. See the high-rise condo page for every building.

What does a luxury home cost to insure in Las Vegas?

It depends on the size, the roof, the pool, and the address. Get a quote on the exact home before you remove contingencies.

How do I find the schools for a home in Las Vegas?

Public schools in Las Vegas are assigned by home address through the Clark County School District, and the lines can change from year to year. Look up any address with the district's zoning search, and read each school's public report on the Nevada Report Card.

Sources

Where these numbers come from

  • Listings, prices, and counts come from LVR through IDX, refreshed November 13, 2026.
  • The market trend uses closed sales in Las Vegas Luxury Homes over the last 12 months (1,907 sales), as of November 13, 2026.
  • The payment calculator is illustrative. Rates, taxes, and insurance vary by lender, address, and buyer.
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