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Pros and Cons of Living in Lake Las Vegas

Lake Las Vegas is a tranquil master-planned community located in the city of Henderson. It offers beautiful resort-style living to residents and is perfect for nature lovers. Lake Las Vegas offers diverse housing options from condos to waterfront mansions. The area has gained popularity as people seek a more simple and peaceful lifestyle. Like anywhere else, living in Lake Las Vegas comes with a set of pros and cons.

Location

Pros

Lake Las Vegas is one of the most stunning communities in all of Las Vegas. Built around a 320 acre reservoir, it is truly a magical oasis in the desert. Fitness and nature lovers thrive here. The area is home to wonderful hiking and biking trails. Neighbors are always out walking and taking advantage of all these activities.

Lake Las Vegas itself offers more than great views. Residents can partake in non-motorized water sports including kayaking, stand up paddle boarding, and a cable course on the water. These activities do come at an additional fee, although residents receive a discounted rate.

Some communities, such as South Shore, Caliza, and Lago Vista, even have their own lake access, so you can easily launch your own kayak or stand up paddle board.

Want to launch your own boat? Lake Las Vegas is close to Lake Mead where you can either launch your personal boat or rent one for the day.

Another pro to the location of Lake Las Vegas is that it is an easy drive to both the airport and the Las Vegas Strip. The area is about a 15 minute drive to Harry Reid international airport and a 30 minute drive to the Las Vegas Strip.

And finally, one of the best things about the location is safety. Overall, the city of Henderson has consistently been ranked as one of the safest large cities throughout the country. And since Lake Las Vegas is in Henderson, it’s no wonder celebrities like Celine Dion and Nigel Farrell have chosen to live there. In addition, many buyers love guard-gated  South Shore. It’s very safe and secure…for anyone to gain access, they must be cleared!

Cons

There are some downsides to the secluded location of Lake Las Vegas. The first is that while there are some shops and restaurants in the Village, you will need to drive 15-20 minutes for any major shopping trips. There is a small boutique grocery store in The Village called Seasons Grocery. However, for major grocery trips, you will most likely want to drive the 10 minutes to Smith’s Marketplace on Lake Mead Parkway.

Another con to the location is that some people don’t like the drive down Lake Mead Parkway to get to Lake Las Vegas. First of all, the road has stoplights. Secondly, the drive goes through Downtown Henderson. This area is up and coming and in a slow process of gentrification.

Homes

Lake Las Vegas is a luxury community and median home prices are higher than in the rest of Las Vegas. This is both a pro and a con. Not everyone can afford to live here, so it is an exclusive community. On the flip side, this means that if you are home shopping on a budget, Lake Las Vegas might not be a good fit.

In addition, the higher price point and specific demographic can mean that homes here take a little longer to sell.

Finally, many Lake Las Vegas homes were built around the turn of the century, when lavish Mediterranean style was king. While is a pro for many, the style might not be for everyone. Luckily, there are many new construction projects in Lake Las Vegas with a more contemporary feel, including two of our favorite builders – Blue Heron and Tri Pointe Homes

HOA Dues

There is a price to pay for all this beauty.

Everyone living at Lake Las Vegas pays $200/quarter for the master plan fee. This fee covers maintenance of the Lake as well as the lush grounds and landscaping.

In addition to the masterplan fee, most individual neighborhoods have their own HOA dues. These can range from $45/month to $330/month (for guard-gated South Shore for example)

There are often additional HOA dues associated with condos since they often cover utilities like water, sewer, and trash, as well as exterior and building maintenance. It is possible for condo dues to reach as much as $800 to $1000 a month!

Amenities

Pros

The Village at Las Las Vegas offers a variety of restaurants, shops, and even a boutique grocery store. The Village’s lakeside restaurants offer diverse menu selections with an incredible view of the lake that makes dining at The Village unique.

The Village offers various events throughout the year including live music, wine tastings, and more. Because Lake Las Vegas is a golf-cart permissible community, you can easily get to and from these events without having to drive your car.

In addition, if you are an avid golfer, there are two beautiful golf courses–Reflection Bay (public) and SouthShore (private).

If you are a fitness enthusiast, the Lake Las Vegas Sports club will be a huge “pro.” This high-end complex features both lap and leisure pools, tennis, pickleball, fitness equipment, a plethora of fitness classes, and more.

Cons

Despite the Village’s potential, many storefronts are vacant. In addition, the local casino is closed.

Membership comes with a $10,000 buy in. However, new construction homes have the buy-in waived. In addition, a seller can transfer their membership to a buyer. Monthly dues are only around $125/mo for a couple.

Schools

Pros

There are a number of good schools near Lake Las Vegas. The community is zoned for Josh Stevens Elementary, The Mahlon Brown Middle School, and The Basic Academy of International Studies (High School). 

There 3 incredible charter schools kids can attend. They are:

There is also the private Lake Mead Christian Academy

Cons

The elementary’s performance equal to state performace, but the middle and high schools perform below average. The school locations are also not so convenient for residents.

 

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