In February 2017, the Clark County Board of Equalization approved a lower land value for a home on Orient Express Court in Queensridge. Its assessed land value fell from $462,000 to $323,400. The total for the home and its improvements dropped from $2.63 million to $2.49 million. It wasn't a one-off. The assessor's office signed agreements with 40 of the 59 Queensridge owners who appealed after the Badlands golf course closed, and some land values were cut by as much as 30 percent.
Those cuts priced something specific. Owners told the board they were worried about selling because nobody knew what would replace the course. Nine years later, most of those unknowns now have numbers attached. A buyer looking at a Queensridge home on the former course in October 2026 is no longer betting on whether the land gets developed. They're betting on when construction starts, what it looks like from their particular lot line, and a short list of details that are still unresolved.
The Old Discount Was Priced on Uncertainty
The 2017 reductions were tax-assessment adjustments made after appeals. They don't measure sale prices. The assessor said its recommendations were based on comparable sales, not predictions of what might happen next door. Still, the testimony shows what owners were worried about. The course closed in 2016, a year after developer Yohan Lowie bought it. His firm, EHB Cos., drew up plans for thousands of multifamily units, dozens of large homesites and open space.
Queensridge residents opposed those plans. The city blocked them, and Lowie's group sued, arguing the city had effectively taken the property. Multiple judges ruled for EHB, including the Nevada Supreme Court. For most of a decade, a buyer looking at a lot on the former fairway couldn't tell how dense the neighbor would be, how tall it would get, or whether the fight would ever end. That kind of open question is hard for any appraiser or buyer to put a price on.
Four Things That Now Have a Ceiling
The settlement ended that period. In December 2024, the Las Vegas City Council approved a deal for the city to buy the roughly 250 acres from EHB for $636 million and resell them to Lennar for $350 million. The $286 million difference went to EHB to settle the remaining lawsuits. Both transactions closed in March 2025.
On February 19, 2025, the council voted 6-0 to approve Lennar's plan. Councilwoman Nancy Brune was absent. Councilwoman Victoria Seaman made the motion, and Mayor Shelley Berkley noted before the vote that she has lived in Queensridge for a quarter-century. The approval included a general plan amendment, zoning changes, site development plan review and a tentative map. These are the terms a Queensridge buyer can now plan around:
| Term | What is on record | Where it was stated |
|---|---|---|
| Unit count | Up to 1,480 townhomes, condos and single-family homes | Council approval, Feb. 19, 2025 |
| Height | No structure taller than 45 feet | Lennar's attorney at the approval hearing |
| Open space | 98 acres, plus a park | Lennar's site plan as approved |
| Governance | A separate gated community with its own HOA and four proposed entry gates | Lennar at a January 2025 neighborhood meeting |
| Encroachments | Queensridge homeowners whose improvements extend onto the course won't be asked to remove them | Lennar's attorney at the approval hearing |
The unit count is a ceiling. Stephanie Gronauer, who represented Lennar, told the council the company can't build more homes than were approved and expects to build fewer because of drainage infrastructure. Some coverage still uses the 1,550 to 1,750 range discussed in 2024. The approved plan is 1,480.
The encroachment commitment is the term that matters most for an individual sale. A backyard wall, patio or landscaping that drifted onto the old course over the years was a real title and survey question before the settlement. A public statement from the builder at the approval hearing changes that conversation. It's still a hearing statement, though, and not a recorded document. A buyer under contract on a former-course lot should ask how that particular encroachment is documented today.
The Date on the Sign Is the One Thing Still Moving
In August 2025, Lennar named the community The Preserve. A sign at Alta Drive and Rampart Boulevard reads "Reclaiming the Badlands — Redefining Luxury" and promises "Coming 2028." In May 2026, the Review-Journal repeated the 1,480-unit mix and the 2028 timing. News 3's March 2026 coverage showed the signage and gave the same year.
None of the local coverage found for this post, up to and including the May 2026 Review-Journal update, reports a groundbreaking, building permits, or finished traffic and drainage studies. Those studies and permits were still outstanding when KTNV covered the approval, and the station reported then that no construction start date had been set. In July 2025, 8 News Now described the land as still vacant. Lennar's own materials list an interest list and a Welcome Home Center at 9119 Alta Drive, open by appointment only. They don't give a price range or a phasing schedule. They also disagree on product mix. One page shows a single "Legacy" single-family collection, while a separate campaign page advertises 10 collections that include condos and townhomes.
For someone buying next to the site, the open schedule is the main remaining exposure. The density and height of the eventual neighbor are known. Nobody knows yet which stretch of the 250 acres gets graded first, how long the construction period lasts from a given backyard, or whether the first homes behind a particular lot will be estate-style houses or townhomes. Gronauer told the council the company would "get out there as soon as we can" and that "there's a ton of work to be done to make sure this property is safe." The city ordered the developer to fence and clear the land.
A Steady Valley Market Leaves Room for Lot-Level Questions
The wider market gives buyers time to ask those questions. In August 2026, Las Vegas Realtors reported a median existing single-family sale price of $475,000. That was down 1 percent from August 2025 and below the record $490,000 set in May and June. By the end of August, 7,590 single-family homes were listed with no offer, up 5.3 percent from a year earlier. The sales pace equaled just over four and a half months of supply. LVR President George Kypreos described local prices as "pretty stable" for about the past two years.
Those are valleywide figures, and no public source reports Queensridge-specific 2026 statistics. That gap matters here. A neighborhood median would mix homes that face the former course with homes that never had a fairway view. Since the 2017 appeals, the gap between those two groups has been the real story. Comparable sales that back onto the Badlands, filtered by which stretch of the site they face, tell a buyer more than any community-wide average.
With supply up and prices flat, buyers on these lots usually have time for due diligence before committing. These are the questions worth answering for any specific Queensridge home that borders the former course:
- Which portion of The Preserve site sits directly behind the lot, and what has Lennar's site plan shown for that area: open space, single-family homes, or attached product?
- Does the property have walls, landscaping or hardscape that extend onto the former course, and how is that documented?
- How far is the lot from the four proposed Preserve entry gates and from the Alta Drive and Rampart Boulevard corner, where the project's signage and Welcome Home Center sit?
- What do the most recent former-course comparable sales show compared with interior Queensridge sales?
- How would a 2028 or later delivery date overlap with the buyer's expected years of ownership?
Common Questions
Will the 98 acres of open space be open to the public? No source reviewed for this post says so. Lennar describes parks and trails inside a gated community with its own HOA, and public access hasn't been confirmed.
Did Queensridge residents sue over the Lennar plan? At the February 2025 hearing, a resident said challenging the plan would require a lawsuit. The resident argued the planning commission violated the state's open meeting law, and said residents don't oppose development itself but object to how the plan was approved. City Attorney Jeff Dorocak defended the process. The local reporting reviewed for this post doesn't document a lawsuit filed over the approved plan.
Is any Badlands litigation still active? The most recent dispute in the coverage concerns property taxes, not the housing plan. A judge ordered more than $8.2 million returned to 180 Land Co., and in March 2026 Clark County authorized an appeal to the Nevada Supreme Court.
Has the city finished paying the settlement? The city's February 2025 plan scheduled $250 million in spring 2025 and a final $36 million by July 1, 2026, with the last payment funded by the Cashman Field sale. The city's annual financial report for the fiscal year that ended June 30, 2025 describes the $286 million settlement as paid out.
If you're weighing a Queensridge home on the former course, or getting ready to sell one before construction begins, Michael Boyle can walk through the lot-specific comparable sales, encroachment documentation and Preserve timing with you before you commit. Schedule your free consultation, or get your instant home valuation to see where your property stands today.
This article is general information, not legal, tax or financial advice. Consult a qualified professional about your situation.
