Summit Homes of Nevada and Presidio Residential Capital have closed on two properties in west Las Vegas and will build two new communities, which will add 41 single-family homes to the market.
“As housing prices rise and supply dwindles, the Las Vegas market gets hotter every day,” said Nathan White, division manager for Summit Homes of Nevada. “We’re thrilled that we’re able to offer two beautiful new communities here.”
Summit Agate, a community on West Agate Avenue between South Jones Boulevard and Duneville Street in southwest Las Vegas, will offer 19 single-family detached homes with three floorplans ranging from 2,182 to 2,621 square feet on 2.5 acres. Summit Homes of Nevada will break ground on the property in July and begin vertical construction in October. The community is expected to be open for sale in January 2018 and complete by September 2018.
Summit Centennial, a community on the northwest corner of Centennial Parkway and North Alpine Ridge Way in northwest Las Vegas, will offer 22 single-family detached homes with four floorplans ranging from 2,600 to 3,800 square feet on 4.8 acres. Summit Homes of Nevada will break ground on the property in June and begin vertical construction in September. The community is expected to be open for sale in January 2018 and complete by December 2018.
