Serene Estates, New Upscale Housing Project, Under Construction in Henderson
LAS VEGAS, NV – Trust Home Builders, a Las Vegas-based real estate firm, is currently constructing a new, upscale housing community in Henderson, in addition to having several other similar projects lined up for development in the near future as well.
The luxury community, dubbed Serene Estates, is located on six-lots located along Serene Avenue just west of St. Rose Parkway. Work is already well under way, and upon completion, it will be comprised of one-story, 3,950-square-foot and two-story, 4,545-square-foot home designs, which will range in price from $1.8 million to $2.2 million apiece.
Serene Estates will not have a homeowners’ association, according to the developer’s website.
Trust Home Builders co-owner Michael Johnson also notes that his company has multiple other projects in various stages of conception and development; in addition to a Lake Las Vegas project that is currently underway, there is a five-lot housing tract along Horizon Ridge Parkway near Gibson Road that will break ground by the end of the year, along with a six-lot project east on Horizon Ridge slated for 2026.
Johnson said that the main demographic his company is targeting with these communities are older people from out-of-state that are moving to Southern Nevada to retire.
Despite the local real estate market currently not favoring sellers and many buyers feeling nervous about acquiring a home given current high prices and borrowing costs, Johnson pointed out that his company is nonetheless pushing forward with their projects because his target buyers tend to be affluent – in-part due to the current healthy stock market – and thus may be more willing to take the plunge on a house then the average person.
There’s so much fear among buyers right now,” he said. “I’m not letting the soft market slow me down.”
Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.
Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management