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FED FUNDS3.63%+0bp
2-YR4.15%-5bp
10-YR4.63%-5bp
30-YR5.21%-3bp
INFLATION3.5%+0.0pp
HOME PRICES+1.1%+0.2pp
AFFORDABILITY103+1.5
Updated Aug 14, 2026
ART LOERANMLS #367308
CALL ART775-404-0006
THE ART OF LENDING
FED FUNDS3.63%+0bp
2-YR4.15%-5bp
10-YR4.63%-5bp
30-YR5.21%-3bp
INFLATION3.5%+0.0pp
HOME PRICES+1.1%+0.2pp
AFFORDABILITY103+1.5
Updated Aug 14, 2026
ART LOERANMLS #367308
CALL ART775-404-0006
THE ART OF LENDING

Summerlin

Las Vegas · Nevada · with Art Loera, NMLS #367308

22,500 acres along the western rimDevelopment began in 1990More than 300 parks and 200 miles of trailsTen golf courses, 26 schoolsNamed for Hughes' grandmother Jean Amelia Summerlin

Neighborhood detail is general and moves with the market. No rates, payments, or prices are shown here; ask Art for a full review.

Summerlin is the community that redrew the western rim of the valley. Howard Hughes bought roughly 30,000 acres of empty desert here in 1952 for about three dollars an acre, and when development finally began in 1990, the master plan that carried his grandmother's name, Jean Amelia Summerlin, set the standard every Nevada community after it has chased: 22,500 acres, around 127,000 residents today, more than 300 parks, over 200 miles of trails, 26 schools, and ten golf courses under the Howard Hughes Corporation's stewardship.

The lending here spans the whole book. Conventional carries the everyday purchase across two dozen villages, jumbo steps in where Red Rock views and custom lots push past the Clark County conforming limit, VA serves the community's strong base of veterans and Nellis-connected families, and an equity line lets a longtime owner put decades of Summerlin appreciation to work without touching a first mortgage they like.

Practical texture: nearly every address answers to the Summerlin master association plus a village association underneath it, so two sets of documents, dues, and reserves get read alongside the borrower. Newer villages out west can carry special improvement district line items on the tax bill, and part of Summerlin sits in the City of Las Vegas while part sits in unincorporated Clark County, a line that changes the taxing districts even when the mailing address reads the same.

Downtown Summerlin has been the community's retail heart since 2014, the Las Vegas Ballpark joined it in 2019, and the 1988 land exchange that fixed the Red Rock Canyon boundary means the view west is permanent. Ask Art for a current read on the market before you write an offer.

“Summerlin files reward preparation · when the association documents, the tax district, and the loan structure are read together in week one, a purchase in any village closes like clockwork.”
Art Loera · Reno resident since 1988

The land under Summerlin sat in Howard Hughes' portfolio for nearly four decades before a single street was graded. Hughes bought the parcel in 1952, reportedly as a possible home for his California operations, and after his death in 1976 the holding passed to Summa Corporation, which spent the 1980s planning what to do with the largest private landholding on the valley's edge.

Two moves made the community possible: the 1988 exchange with the Bureau of Land Management that traded away 5,000 environmentally sensitive acres and fixed the Red Rock Canyon boundary forever, and the 1990 opening of Summerlin Parkway that connected the western rim to the rest of the city. The first family moved into The Hills village in 1991, Summa renamed itself the Howard Hughes Corporation in 1994, and Summerlin has ranked among America's best-selling master-planned communities for most of the years since.

Landmarks Nearby
Downtown SummerlinRed Rock Canyon at the western edgeLas Vegas Ballpark

Programs That Fit Here

Schools: Clark County School District · verify current zoning by address

Getting Around
Summerlin Parkway east to the cityThe 215 Beltway rings the villagesDowntown Summerlin at the centerRed Rock Canyon minutes west

Where It Sits

SPRING MTNSFRENCHMAN MTNUS 95I-15215 BELTWAYTHE STRIPNORTH LAS VEGASHENDERSONLAS VEGASSUMMERLIN

Schematic map · boundaries approximate

Get Pre-Approved →Call · 775-404-0006

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Not a Loan Estimate, not a commitment to lend. Submitting this form does not obtain credit approval. NMLS #367308 · PRMG NMLS #75243 · Licensed in Nevada · Equal Housing Lender.
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