The Regional Housing Affordability Index is reassessed and recalculated annually. The average rental price in Spanish Trail is currently $2,937, based on NeighborhoodScout's exclusive analysis. Foreign Born residents have immigrated to the United States from another country and may or may not be naturalized citizens. We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. Masini has sold hundreds of homes in Spanish Trail, and says about half of those sales are to existing residents, whether young families looking for more space, or empty nesters seeking to downsize. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. The Zip code for Spanish Trail real estate - Las Vegas NV is 89113. Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. Utah County is one of the best places to live in the US with abundant seasonal recreation, great schools and a reasonable cost of living. Their dream was to one day develop an exclusive community on land they owned where they and their children could live and play in privacy, security, and serenity. The 20 best male singers of all time, ranked in order of pure Al Green. Jersey Shore regular lists Summerlin home for $1.496M, Famed architects last known project for sale; condo lists for $1,149M, National Association of Home Builders returns to Vegas; showcases New American Home, The 5 most expensive homes for sale in Las Vegas, Summerlin golf course home sells for $3.8M; features $50K French oven, Luxury market tied to continued migration of wealthy Californians. List Price List Map Alerts! How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. And in the Spanish Trail neighborhood, analysis shows that 25.9% of the residents work from home, avoiding a commute altogether. Equally important is the rate of people, particularly children, who live below the federal poverty line. Spanish Trail Country Club offers an experience unlike any other in Las Vegas. Although the passage of time has brought some challenges to Spanish Trail, its also served to emphasize the communitys advantages. The languages spoken by people in this neighborhood are diverse. If you live here, you may find that a number of buildings in your neighborhood are actually empty. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Due to Covid-19, complete standardized testing did not take place during the 2020-2021 academic school year. And in todays economy, newer luxury communities would be hard-pressed to match the amount of land and water-intensive landscaping that went into Spanish Trail, or the seamlessness that comes from having all the homes planned by a single developer. The Spanish Trail community was named after the Old Spanish Trail, a 2,700 mile trade route ranging through New Mexico, Utah, Nevada and California. Expenditures: National Center for Education Statistics. Marital Statuses include:Married, Divorced, Widowed and Single (Never Married). Today, the Spanish Trail name lives on as one of the Southwest's most prestigious communities, where more than 1,200 families enjoy a lifestyle that is both private and luxurious. Amy Purdy (Las Vegas) wikimedia commons. People see the value in buying a house thats slightly older that they can do refurbishments to and that still has a great yard and a great view, said Gavin Ernstone, a broker and owner of Simply Vegas, who specializes in luxury homes. NeighborhoodScout has calculated and provides home appreciation rates as a percentage change in the resale value of existing homes in that city, town, neighborhood or micro-neighborhood over the latest quarter, the last year, 2-years, 5-years, 10-years, and even from 2000 to present. (Elke Cote/Real Estate Millions), Golf course (Elke Cote/Real Estate Millions), A nice sign: Big Rockies snowpack may boost Lake Mead, Raiders, Aces stars to tie the knot in Las Vegas this weekend, 5 new and upcoming Las Vegas Valley restaurants, North Las Vegas man targeted Blacks after losing job, police say, School Board approves rezoning for 12 campuses, Las Vegas resident Justin Suh emerging from shadow of expectations, 81-year-old golfer honored by SNGA for remarkable year, Las Vegas Bramlett finds his groove at Pebble Beach, Raiders owners Summit Club condo sells for $10.5M, Reflection Bay to host college golf tournaments. You can start with a small home and work your way up as big as you want, and stay in the community.. Date(s) & Update Frequency: For many reasons, Spanish Trail may be considered a retiree's dream neighborhood. Frank Marino is Vegas longest running Strip headliner and his show Divas Las Vegas at The LINQ is not far behind. The proportion of homes and apartments in the neighborhood built within a certain time period. Updated annually. Penn from Penn and Teller has a place off of Blue Diamond Rd, Carey Hart has a place in the SW part of the Valley as well. Today, that colorful name lives on as the area's premier upscale private residential community. Per capita is the best measure of the average spending power of each person in the neighborhood. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood. (Vacant units are counted separately.). The Scout Vision Regional Housing Affordability Index is the ratio of the years of median household income in the region, to the median house value in the region. Same-sex couple data is available under Household Type.). At a Glance: Spanish Trail Country Club. Amenities: The community offers a variety of high-end amenities, including a 27-hole championship golf course, tennis courts, a fitness center, and a club house. And this kitchen features a stove valued at $50,000, two islands and plenty of other amenities. The larger homes are often influenced by Mediterranean design and may sit behind their own secondary gate. MLS# 2150952. Not gated. Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. Nestled against The Cliffs, a gated community in Summerlin, Jen Harleys modern-designed, two-story home features four en suite bedrooms, an executive office, an oversized loft with theater and a resort-styled backyard. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile We measure the average annual increase or decrease in the percentage of college graduates living in a neighborhood over the most recent 5 years. 18,000 local law enforcement agencies in the U.S. The percentage of adults aged 25 and older that have attained a graduate or professional degree above and beyond a 4 year degree, like an MA, MD, JD, MBA or PhD. Copyright 2000-2023 Location Inc. The neighbors in the Spanish Trail neighborhood in Las Vegas are upper-middle income, making it an above average income neighborhood. Specialties: Since its opening in 1984, Spanish Trail Country Club, has established a tradition of creating beautiful weddings and sweet memories for families. Appreciation Potential (3 years) Berkshire Hathaway Home Services Nevada Properties, Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! The Italian Mafias presence in Las Vegas ended in the mid-1980s. Percentages are based on the number of housing units in the neighborhood of each housing type. Raw data sources: Actor Nicolas Cage considered repurchasing his Spanish Hills home last year. A piece of Palm Springs history is now available. MEMBERSHIP. Published tax rates may differ slightly from the average effective rates used by NeighborhoodScout, where NeighborhoodScouts tax rates more closely follow the taxes paid by property owners. The company owns more than 55 casinos across the U.S., including eight properties on the Las Vegas Strip. The best neighborhood for you may not be the best one for someone else. . Las Vegas is Blackstone Real Estate Income Trusts top market17% of its portfolio lies in Sin City, the largest percentage of its portfolio in any U.S. city. In Spanish Trail as mentioned in a post above Greg Maddux lives and golfs daily. 8 Celebrities Who Call Las Vegas Home Celine Dion. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. In front he parked 2 red Sanford and Son's trucks and in the store you could buy all kinds of Sanford and Son stuff from wardrobe to pictures etc. Are you planning on buying or selling in Spanish Trail, Las Vegas, NV? Im not sure who all lives in there any more (Palomino) but many famous people used to live there. Helena Beninato, 53, bought a $1.5 million, 6,500-square-foot custom home in Spanish Trail two years ago with her husband, a retired lawyer, and began renovating it, replacing carpet with marble flooring and converting a master suite into a billiard room. We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. Incredible views of the mountains and golf course contribute to an awe-factor that makes this community highly-regarded. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-33959424', '');}, 'log_autolink_impression');car and were hoping to see some of their homes. Save your search and be the first to know. The ambiance, the charm, of row houses is something special. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. Mike Tyson used to live right next door to Wayne Newton on Tomiyausu Ln. But it's not just the famous or rich who can live in Spanish Trail Las Vegas; you can too.If you want to look at Spanish Trail homes for sale, fill out the form below. 4=Advantage This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level. Quick Answer: Can I Carry Backpack In Las Vegas, Question: How Much Is Edc Las Vegas Camping, Question: How Much Water Does Las Vegas Use. Floyd Mayweather, Jr. Mike Tyson. Imagine Dragons. 2=Below Average Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). 8 myths about renting you should stop believing immediately, 6 ways home buyers mess up getting a mortgage, 6 reasons you should never buy or sell a home without an agent, Difference between agent, broker & REALTOR, Real estate agents reveal the toughest home buyers they've ever met, Do Not Sell or Share My Personal Information. Lakefront: The neighborhood includes shoreline on a significant body of freshwater. Message frequency varies. Here most residents (58.7%) drive alone in a private automobile to get to work. Real Estate Values & Trends: Q3 2022. What is the oldest standing casino in Las Vegas? We analyze school test performance for all schools that serve this location, and calculate the average annual increase or decrease in the school performance index, based on the percentage of students testing proficient or advanced in standardized testing. However, in Las Vegas, most mansions remain largely secluded and inaccessible to visitors staying on the Strip. The percent of neighborhood residents who are seeking employment, but are currently unemployed. 4=High Spanish Trail Country Club. She has a home in the Summerlin neighborhood. Developed by industry veterans and PhD geographers, Scout Vision uniquely solves for risk by forecasting home values with unprecedented geographic granularity and predictive accuracy: NeighborhoodScout reveals the home value trends and appreciation rates for every state, city, town, neighborhood, and micro-neighborhood in America. The result? It is well known that the quality of education provided by public schools varies greatly from school district to school district, and from city to city. Spanish Trail median real estate price is $672,124, which is more expensive than 87.4% of the neighborhoods in Nevada and 83.8% of the neighborhoods in the U.S. Getting to the Old Spanish National Historic Trail. The Scout Vision Regional Investment Index rates a regions 3 year appreciation forecast on a 1 -5 scale, from 1 (Very Low) to 5 (Rising Star). Use NeighborhoodScout to determine the quality of the specific schools that serve each neighborhood, whether it is served by 1 or multiple school districts. She has a home in Henderson during her Las Vegas residency with her brother Donny Osmond. Significantly, 0.5% of its residents five years old and above primarily speak Persian at home. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of We used Geographic Information Science to create a population surface for the entire United States, and then sum the population 5 years ago, and today within 8 different distances from the subject location, ranging from mile up to 50 miles. SCOUTs patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. Gross rental yield is based on average market rents paid for a unit with the same number of bedrooms as the median owner occupied home. Looking to buy or sell a house in Spanish Trail? 3 beds, 3.5 baths, 3473 sq. Hip and walkable? He used to own a store right on Eastern and Sunset next door to his house. Median household income provides the best measure of the budget of the typical family or other non-family household. Copyright 2023 of the Greater Las Vegas Association of REALTORS MLS. Remote: Neighborhoods with the fewest people per square mile in the nation, generally less than 100 per square mile. - neighborhood educational ratings that facilitate accurate comparison among schools, school districts, and neighborhoods in the same (or different) cities, and even between schools in different states. Im not sure if he still owns it. Like us on Facebook. Steve Wynn lives in Billionaire's Row in Summerlin where his Las Vegas mansion is on the market for $25 million. Where is 2022 data? But, following the recession, the club has also become more accessible, introducing limited outside play for nonmember golfers and eliminating its initiation fee. (Elke Cote/Real Estate Millions), Many luxury homes sit along the Spanish Trail golf club. Real Estate Value Forecasts & Regional Analysis: Updated Quarterly. This helps answer crucial questions about the state of the neighborhood being evaluated, such as: Information at a glance that you need to know to invest, appraise or finance a property. Most residents ( 58.7 % ) drive alone in a post above Greg Maddux lives and golfs daily is.! Seeking employment, but the first thing most people notice is the way a neighborhood analysis... Stove valued at $ 50,000, two islands and plenty of other amenities any other in Las Vegas at LINQ... Secondary gate Vegas home Celine Dion time has brought some challenges to Spanish Trail neighborhood in Vegas... That colorful name lives on as the average spending power of each housing Type )... 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