NOT LISTED FOR SALE

5 Falling Ridge Ln Henderson, NV 89011

Lake Las Vegas Neighborhood

Estimated Value: $3,663,000 - $4,183,000

4 Beds
4.5 Baths
6,114 Sq Ft
$640/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $3,799,000 $621 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $24,240/month

125 Days on Market

Highlights

  • Heated Pool and Spa
  • Gated Community
  • Main Floor Primary Bedroom
  • New Construction
  • Fireplace in Bathroom
  • Outdoor Water Feature

About This Home

As of February 2024

Located on Lake Las Vegas’ North Shore, Blue Heron’s Caliza Show Home offers an exceptional lakefront lifestyle. Dynamic elevated lake views take centerstage throughout the 6,114 square feet of desert modern designed interior. The two-story home features voluminous ceilings, a striking linear gas fireplace, seamless indoor/outdoor living, 4 bedrooms, 4 baths, a 4-car garage, and an upper-level loft/game room with a bar. The sophisticated kitchen boasts a central waterfall island, custom cabinetry, a walk-in pantry, and a temperature-controlled wine cellar. Main-level primary features a striking bath with double sinks, a walk-in shower, and a bath. The suite showcases private access to the striking exterior. Intimate conversation areas, an elevated infinity-edge heated pool, and spa create a private sanctuary with breathtaking views of the lake and surrounding landscape. The gated property is close to incredible hiking and biking trails, championship golf, and outdoor dining.

Last Agent to Sell the Property

Darin Marques

Virtue Real Estate Group License #B.0145227 Listed on: 10/19/2023

Last Buyer's Agent

Erica Lee

Realty ONE Group, Inc License #S.0186125

Realty ONE Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.32 Acre Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping

HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 6,114 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Built-In Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Sprinkler System

Pool

  • Heated Pool and Spa
  • Waterfall Pool Feature

Outdoor Features

  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Grill

Schools

  • Josh Elementary School
  • Brown B. Mahlon Middle School
  • Basic Academy High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • High Efficiency Heating System
  • Heating System Uses Gas
  • Underground Utilities
  • Tankless Water Heater

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, recreation facilities, security, taxes
  • Caliza HOA, Phone Number (702) 536-6000
  • Built by Blue Heron
  • Parker Point Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,240

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$434 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Subdivision Name: Parker Point Estates
  • Directions: Galleria to Lake LV Pkwy R on Montelago till Round about R on Lake LV Pkwy R on Summer House R on Sunset Shores R on Rainbow Point Follow Rainbow Point to Falling Ridge.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Efficiency: Windows, HVAC
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: NEW
  • Year Built: 2023
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2
  • Year Built: 2023

Interior Features

  • Furnished: Unfurnished
  • Private Spa: Yes
  • Appliances: Built-In Gas Oven, Disposal, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Bath, Family Room, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, None
  • Living Area: 6114.0
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: 1/4 to 1 Acre Lot, Drip Irrigation/Bubblers, Landscaped, Rocks
  • Pool Features: Heated, Pool/Spa Combo, Waterfall
  • Pool Private: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Builder Name: Blue Heron
  • Direction Faces: North
  • Exterior Features: Barbecue, Patio, Sprinkler/Irrigation, Water Feature
  • Patio And Porch Features: Covered, Patio
  • Property Condition: New Construction
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, High Efficiency, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Guard, Security
  • Association #2 Fee: 300.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 134.0
  • Association Fee Frequency: Monthly
  • Association Name: Caliza HOA
  • Phone: 702-536-6000
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Recreation Facilities, Security, Taxes

Schools

  • Elementary School: Josh, Stevens,Josh, Stevens
  • High School: Basic Academy
  • Middle Or Junior School: Brown B. Mahlon

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 13939.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Feb 21, 2024
Sold by
Yoon Youngah
Bought by
Choi Woo Hyung
Seller's Agent
Darin Marques
Virtue Real Estate Group
Buyer's Agent
Erica Lee
Realty ONE Group, Inc
List Price
$3,999,990
Sold Price
$3,799,000
Premium/Discount to List
-$200,990
-5.02%
Total Days on Market
125
Views
44
Current Estimated Value
$3,914,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,603
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Oct 19, 2023
Closed on
Feb 15, 2024
Sold by
Bh Nexus Homes Llc
Bought by
Choi Woo Hyung
Seller's Agent
Darin Marques
Virtue Real Estate Group
Buyer's Agent
Erica Lee
Realty ONE Group, Inc
List Price
$3,999,990
Sold Price
$3,799,000
Premium/Discount to List
-$200,990
-5.02%
Views
44

Purchase Details

Closed on
Jun 23, 2022
Sold by
Lake Las Vegas Recovery Acquisition Llc
Bought by
Bh Nexus Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,000
Interest Rate
5.3%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Choi Woo Hyung -- Fidelity National Title
Choi Woo Hyung $3,799,000 Fidelity National Title
Bh Nexus Homes Llc $350,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bh Nexus Homes Llc $2,875,000
Previous Owner Bh Nexus Homes Llc $2,875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $3,799,000 -5.0% $621 / Sq Ft
01/08/2024 01/08/24 For Sale $3,999,990 0.0% $654 / Sq Ft
11/12/2023 11/12/23 Off Market $3,999,990 -- --
10/20/2023 10/20/23 For Sale $3,999,990 -- $654 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,366 $1,197,790 $220,500 $977,290
2024 $36,598 $1,197,790 $220,500 $977,290
2023 $36,598 $186,338 $185,500 $838
2022 $2,240 $145,600 $145,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Darin Marques

    Seller's Agent in 2024

    Darin Marques

    Virtue Real Estate Group

    (702) 485-7755

    4 in this area

    244 Total Sales

    Darin Marques
    Section Image

  • E

    Buyer's Agent in 2024

    Erica Lee

    Realty ONE Group, Inc

    (702) 577-6465

    2 in this area

    61 Total Sales

    Erica Lee
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2536279

Las Vegas REALTORS®

APN: 160-15-823-011

Nevada Clark County Henderson 89011 Lake Las Vegas

5 Falling Ridge Ln, Henderson, NV

This home is located at 5 Falling Ridge Ln, Henderson, NV 89011 since 19 October 2023 and is currently estimated at $3,914,603, approximately $640 per square foot. This property was built in 2023. 5 Falling Ridge Ln is a home located in Clark County with nearby schools including Josh Stevens Elementary School, B Mahlon Brown Academy of International Studies, and Basic Academy of International Studies.

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