Aerial view of the shuttered Silverstone Golf Club in northwest Las Vegas showing dead brown fairways drained ponds and dead palms surrounded by tile-roof homes of the guard-gated Silverstone Ranch community
Eleven years after the last round was played, the fairways that gave Silverstone Ranch its name are dry scrub, and buyers need a straight answer about what that means for value. Photo: Nevada Real Estate Group editorial.
Community Spotlight

Silverstone Ranch 2026: The Guard-Gated Northwest Las Vegas Golf Community With No Golf Course

Chris Nevada — Nevada Real Estate Group
By Chris NevadaLicense S.181401
· Updated · 24 min read

Silverstone Golf Club closed on September 1, 2015 and never reopened. Eleven years later the 270-acre course is dead turf, the land sold at a county tax auction for roughly $2.8 million, and 58 Silverstone Ranch homes still closed in the 12 months ending September 19, 2026 at a $537,000 median.

There is a version of this article that a lot of real estate websites are still publishing, and it goes something like this: Silverstone Ranch is a guard-gated golf community in northwest Las Vegas, built by Olympia Group in the early 2000s, wrapped around a championship course, with resident green-fee rates and fairway frontage for hundreds of homes. It reads beautifully. It is also false, and it has been false since the first day of September 2015.

I am going to give you the real version instead, because the real version is what you actually need if you are shopping this community. The golf course is gone. It has been gone for eleven years. The land that used to be 27 holes is now 270 acres of dry scrub, dead palms and cracked pond basins, and it changed hands at a county tax auction in 2025. None of that means Silverstone Ranch is a bad buy. It means the decision in front of you is a different decision than the brochure suggests, and the numbers that matter are different numbers.

Silverstone Golf Club closed on September 1, 2015 and never reopened. The 27-hole Bob Cupp layout is now 270 acres of dead turf inside a guard-gated community, sold at a Clark County tax auction in May 2025 for roughly $2.8 million. Homes still trade: 58 closed in the 12 months ending September 19, 2026 at a $537,000 median, but they sat 40 days versus 32 for the surrounding ZIP. Buy the house, not a promised course.

  • Silverstone Golf Club closed September 1, 2015; the 270-acre course has sat dead for eleven years.
  • A recorded 2002 agreement requires 27 holes unless 75 percent of Silverstone Ranch homeowners vote otherwise.
  • Land investors bought the site at a May 2025 tax auction for roughly $2.8 million.
  • Perimeter lots still beat interior lots: $254 versus $231 per square foot over 12 months.
  • Read the resale package and the litigation history before you write an offer here.

What Happened To The Silverstone Golf Club?

Silverstone Golf Club opened in 2001 as a 27-hole Bob Cupp design at 8600 Cupp Drive, three nines threaded through the residential parcels of a new northwest Las Vegas community. According to GolfPass, the facility closed permanently on September 1, 2015, after the owner concluded he needed to cut his losses and sell. Staff were told on a Monday morning that they no longer had jobs, and members were told to clear out their lockers.

The buyer did not keep it open for a single day. According to the Las Vegas Review-Journal, Desert Lifestyles LLC, a California company, purchased the course in September 2015, immediately closed it, put a chain-link fence around the property and turned off the water. Three months later, in December 2015, Desert Lifestyles sold the shuttered course to Stoneridge Parkway LLC, the holding company of Southern California investor Danny Modab.

What followed was a decade of litigation rather than golf. Three days after his purchase was recorded with the county, Modab put Stoneridge Parkway into Chapter 11 bankruptcy protection. That case was dismissed in 2017. He filed bankruptcy for the property's holding company again in 2022 while facing foreclosure, and that second case was dismissed in spring 2024. In between, an arbitration panel of three retired judges found Stoneridge in breach of its contractual obligation to maintain the course, and found the company "did not ever have the financial ability to maintain" it.

The physical decline tracked the legal one. In November 2021, suspected arsonists burned down the boarded-up clubhouse. Las Vegas Fire and Rescue needed more than six hours to bring the blaze under control and estimated $5 million in damage, and the department noted two other significant fires in the same building earlier that year. Two minors were later arrested on suspicion of second-degree arson. There was no insurance recovery, because according to a filing in the second bankruptcy case, the property carried no insurance at all. That is the honest starting point for anyone touring Silverstone Ranch in September 2026: not a course between owners, but a course that has been dead for eleven years and whose clubhouse no longer exists.

Aerial view of a northwest Las Vegas residential neighborhood of tile-roof homes with open turf and the Sheep Range mountains on the horizon
The far northwest valley around Grand Teton Drive, where Silverstone Ranch sits against open desert and the Sheep Range.

Why Did The Course Close And Never Reopen?

The short answer the last owner gave publicly is that operating it did not pencil. According to the Las Vegas Review-Journal, Modab said that amid water restrictions for golf courses in drought-stricken Southern Nevada and golf's waning popularity, it was not economically feasible to operate the course, and a court filing by his company stated the golf course had not been profitable for more than a decade before he bought it.

Water is the part most buyers underestimate. According to the Las Vegas Valley Water District, the district approved a reduction in golf course water budgets in January 2023 from 6.3 acre-feet of water per irrigated acre per year down to 4 acre-feet annually, effective in 2024, with escalating surcharges of two, five and nine times the highest nonpotable rate for courses that exceed their budgets. That is the environment any operator would be restarting into.

The more decisive rule is about new courses. According to the same Las Vegas Valley Water District conservation page, since November 2, 2021, Colorado River water cannot be used at new golf courses built in Las Vegas or unincorporated Clark County, for potable and nonpotable supply alike. A course that has been dry since 2015 is not a going concern with a water budget on file; it is a new irrigation demand. The Review-Journal's reporting on the arbitration ruling states plainly that because of the November 2021 change in the water district's regulations, the agency did not approve water usage for the golf course.

Money made it worse. The arbitration panel found that water had not been restored because Stoneridge failed to pay an outstanding bill to the water district, even after the agency offered to cut the debt from more than $1 million to about $60,400. By the time of the second bankruptcy, the creditor list included a $2 million Las Vegas Valley Water District lien, a $1.74 million Clark County Treasurer property tax lien, a $1.76 million Silverstone Ranch Community Association lien, a city of Las Vegas utility lien of more than $88,000, and a lender claim of more than $6.4 million. Nobody was going to spend that to reopen 27 holes in a valley cutting golf water.

What Does The 75 Percent Deed Restriction Actually Require?

This is the single most misunderstood feature of Silverstone Ranch, and it cuts both ways. According to the Las Vegas Review-Journal, an agreement established in 2002 states that the golf course must be maintained and operational unless 75 percent of Silverstone Ranch homeowners approve terminating the agreement. Court records described in the Review-Journal's 2025 auction coverage put it the same way: the site must be operated as a 27-hole golf course unless at least 75 percent of the homeowners in Silverstone Ranch, a community of more than 1,500 homes, approve a different use.

Homeowners often hear that and assume it guarantees golf. It does not. It guarantees a veto. The restriction is extremely effective at stopping a landowner from covering the fairways in tract housing, and it has done exactly that for a decade. It is completely powerless to make a private owner spend eight figures restoring a course that cannot get a water allocation. The practical result is the stalemate you can see from the street: land that cannot legally become something else without a supermajority, and cannot economically become golf again.

The legal architecture is worth understanding because Nevada's default rule is much softer. According to NRS 116.2117, the declaration of a common-interest community may generally be amended by owners holding at least a majority of the votes in the association, "unless the declaration specifies a different percentage." Silverstone's recorded documents specify a different percentage, and a three-quarters threshold across more than 1,500 separately owned homes is a very high bar. Apathy, absentee owners, rentals and estate-held properties all count as "no" in practice, because a non-vote is not a yes.

Both sides have tested it. The last owner's company asked a court to find that continued enforcement of the golf course requirement would be "inequitable or oppressive." The association replied in court papers that the bankruptcy was the owner's "latest attempt to cram a legally impermissible redevelopment plan down the throats of homeowners." If you buy here, you are buying into that standoff as a voting member. Ask for the recorded agreement itself, not a summary, and read what it says about maintenance obligations, remedies and who pays.

Who Owns The Silverstone Golf Course Land In 2026?

The property went to a tax sale. According to the Las Vegas Review-Journal, the Silverstone golf course was sold at a Clark County treasurer's office trustee auction on May 8, 2025 for the minimum bid of nearly $2.8 million, and county officials explained that in general the minimum bid at these auctions consists of delinquent property taxes plus penalties, interest and costs incurred by the treasurer's office. The deed was recorded on May 29, 2025. The Clark County Treasurer is the office that runs that process under Nevada's delinquent real property tax statutes.

The buyers surfaced a week later. According to the Las Vegas Review-Journal, longtime Las Vegas land investor Khusrow "K" Roohani confirmed he purchased the roughly 270-acre property, partnering with Dr. Jaswinder Grover, a Las Vegas spine specialist who holds ownership stakes in other valley golf courses. Roohani, owner of Seven Valleys Realty and Construction, said he buys land sight-unseen at government auctions and had not toured Silverstone before bidding. He missed the registration deadline, handed a cashier's check to Imran Malik, who was registered, and the recorded deed named Malik; Malik confirmed to the paper that Roohani and Grover are the actual majority owners. The buyers said they would move ownership into a new entity called Avalon Springs LLC.

As for plans, there were none as of that reporting, and I have found no filed redevelopment application since. A spokeswoman for the buyers said no project plans would be submitted until the new owners had lengthy talks with the neighbors and the association board, and that "right now, it's really a blank slate." According to the City of Las Vegas, the property sits in Ward 6; Councilwoman Nancy Brune told the Review-Journal the course had gone from a "crown jewel" to a "rundown" safety hazard, that the city has cleared dead brush to reduce fire risk, and that she would like to see some combination of golf, trails and commercial space. A neighbor who has lived along the course since 2012 said the community is unified against houses on the land. That is where it stands in September 2026: new owners, no application, no consensus.

Could Golf Realistically Come Back To Silverstone Ranch?

I am not going to tell you it is impossible, because the deed restriction genuinely points that direction and one of the new owners has golf course experience elsewhere in the valley. But I price it as unlikely, and I think you should too when you decide what to pay.

Start with water. Restoring irrigation to 270 acres that have been dry since 2015 is not a maintenance project, it is a new allocation request in a valley that stopped issuing them. According to the Las Vegas Valley Water District, Colorado River water cannot be used at new golf courses in Las Vegas or unincorporated Clark County as of November 2, 2021, and existing courses have been squeezed to 4 acre-feet per irrigated acre since 2024. Even in the best case, an operator would be negotiating for a supply the region has publicly committed to shrinking.

Then look at the capital stack. The land traded for the tax bill, not for a golf valuation. Rebuilding 27 holes of turf, irrigation infrastructure, cart paths and a clubhouse that burned to the ground in 2021 would cost a multiple of what the buyers paid for the dirt, on a property whose last three owners could not make golf profitable. According to the Review-Journal's reporting on the second bankruptcy, big portions of the course had already reverted to a "semi-wilderness state," with residents complaining about snakes, mice and trash. The association's attorney described the desert taking the property back over, and said the fish and turtles that once lived in the ponds have "gone to their makers."

The likelier outcomes, in my read, are a negotiated partial use that clears 75 percent, or continued stalemate. A combination of some golf or practice facility, open space and trails, plus a limited commercial or residential component, is the shape of deal that has cleared similar thresholds elsewhere, and it is close to what the ward councilwoman described. But nothing has been filed. Underwrite this purchase as though the land stays exactly as it is for another five years. If something better happens, treat it as upside you did not pay for. In our experience, that is the only framing that does not end in a disappointed buyer.

Single-story tile-roof Las Vegas homes on a curving street at golden hour with desert landscaping and the Strip skyline in the distance
Two-thirds of Silverstone Ranch resales over the past year were single-story homes, which is a big part of why the community still trades.

What Did The Closure Do To Silverstone Ranch Home Values?

Here is where I stop quoting other people and show you the transactions. I pulled every closed sale and active listing in the Silverstone Ranch subdivisions through Repliers on September 19, 2026. This is Las Vegas MLS data pulled through Repliers on September 19, 2026, not an official Las Vegas REALTORS statistic, and I am labeling it that way on purpose.

In the 12 months ending September 19, 2026, 58 homes closed across the 22 recorded Silverstone Ranch parcels. The median closed price was $537,000 on a median 2,401 square feet, which works out to $232 per square foot. The median days on market was 40. Prices ran from $350,000 to $875,000, the median year built was 2005, and the median lot was 7,405 square feet. Median annual property taxes on those closings were $3,034.

Now the comparison that tells you what the dead course costs. ZIP 89131 as a whole recorded 642 closings over the same window at a $535,000 median and $244 per square foot, with a median 32 days on market. So Silverstone Ranch homes are slightly larger than the ZIP median and sell for roughly the same dollar figure, but they give up about 5 percent on price per square foot and take about 25 percent longer to sell. That is the closure showing up in the numbers: not a collapse, a persistent discount and a longer wait.

Negotiating leverage runs the same direction. Across those 58 closings, sale price averaged 96.1 percent of original list price and 98.4 percent of final list price, and 44 of the 58 homes, roughly three in four, closed below their original asking price. Sellers here are cutting before they close far more often than not.

Silverstone Ranch closed sales by size band, 12 months ending September 19, 2026 (Las Vegas MLS data pulled through Repliers)
Size bandClosingsMedian closed priceMedian price per sq ftMedian days on market
Under 2,000 sq ft20$425,500$25139
2,000 to 2,599 sq ft17$539,000$22437
2,600 to 3,199 sq ft15$615,000$22759
3,200 sq ft and up6$742,500$20237

Do Homes Backing The Dead Course Sell For More Or Less?

This is the question every buyer asks at the second showing, and the answer surprised me when I ran it. Perimeter lots still win, but not for the reason the old marketing said.

Of the 58 closings, only three carried an MLS golf course view code or an "On Golf Course" lot feature. Those three closed at a $820,000 median with a median lot of 11,761 square feet. Seven more were marketed on the open backdrop without leaning on golf at all, using language like "no rear neighbors," "backing to open greenspace" and, in one listing, a backyard that "overlooks the former Silverstone Ranch Golf Club, creating an expansive open backdrop with no rear neighbors, no golfers and no golf balls." Group those ten perimeter closings together and the median is $663,000 at $254 per square foot with 26 days on market. The 48 interior closings came in at a $524,500 median, $231 per square foot, and 44 days on market.

Size explains part of that gap, so I ran a like-for-like. Restricting both groups to homes between 2,600 and 3,400 square feet, five perimeter closings ran a $820,000 median at $262 per square foot in 26 days, against eleven interior closings at a $600,000 median, $223 per square foot, and 59 days. The perimeter premium survives the size control, and the speed advantage is the bigger story: open-backdrop homes sold in less than half the time.

Read that carefully before you pay for it. What buyers are actually paying for in 2026 is a bigger lot, no rear neighbor, and a long unobstructed view toward the Sheep Range. They are not paying for a fairway. Six of the 58 closings still listed "GolfCourse" among the association amenities, which tells you how much stale data is circulating in this community's listings. If a seller prices a perimeter home as though the course is an asset in waiting, that is a negotiation, not a fact.

Perimeter versus interior Silverstone Ranch closings, 12 months ending September 19, 2026 (Las Vegas MLS data pulled through Repliers)
MeasurePerimeter or open-backdropInterior lotsSize-matched perimeterSize-matched interior
Closings1048511
Median closed price$663,000$524,500$820,000$600,000
Median price per sq ft$254$231$262$223
Median days on market26442659
Median lot size9,148 sq ft7,405 sq ft14,375 sq ft7,841 sq ft

What Do Silverstone Ranch HOA Dues Cover Today?

Silverstone Ranch is not one association with one fee. It is a master community, the Silverstone Ranch Community Association, layered over a set of sub-associations across parcels with names like The Palms, Windermere and a long list of numbered parcels. That structure is why the dues quoted online are all over the place, and why the only number that matters is the one attached to the specific address you are considering.

The MLS-reported monthly association fees on those 58 closings tell the story cleanly. The median was $92 a month. Forty-four of the 58 homes reported $98 a month or less. Two fell between $124 and $133. Twelve sat between $245 and $271 a month, which is the gated and guard-gated sub-association tier. That tier is not simply the big-house tier, either: those twelve closings ranged from 1,493 to 4,148 square feet, and only five of them were perimeter lots. The overall range ran from $42 to $271.

That is genuinely low for a guard-gated community in this valley, and there is a reason for it: the association is not funding a golf course, a clubhouse or a restaurant, because it never did. The course was always separately owned. What the dues buy today is gate staffing where a sub-association has it, common-area landscaping on the entry boulevards and medians, private street maintenance inside the gated parcels, and the parks, courts and open space the association maintains. Listing-reported amenities across those closings most commonly included gated entry, guarded entry, parks, basketball, tennis and pickleball courts.

One item deserves its own line. The association carried a $1.76 million lien against the golf course property through the bankruptcy, which is money it spent pursuing enforcement. Litigation that long is not free, and it is fair to ask how it was funded and what is left in reserves. According to NRS 116.4109, the seller must furnish a resale package that includes the current operating budget, a year-to-date financial statement with a summary of the association's reserves, and a statement of any unsatisfied judgments or pending legal actions against the association. Read those three items before anything else.

MLS-reported monthly association dues on 58 Silverstone Ranch closings, 12 months ending September 19, 2026 (Las Vegas MLS data pulled through Repliers)
Monthly dues tierClosingsWhat it typically reflects
$42 to $9844Master association plus a light sub-association
$124 to $1332Mid-tier sub-association
$245 to $27112Gated or guard-gated sub-association; sizes ranged 1,493 to 4,148 sq ft

What Does Silverstone Ranch Look Like On The Ground?

Physically, this is an early-to-mid-2000s production community, and the resale record confirms it. Across the 58 closings in the 12 months ending September 19, 2026, the year built ranged from 2003 to 2008 with a median of 2005. Thirty-eight of the 58 were single-story and 19 were two-story. Median living area was 2,401 square feet on a 7,405-square-foot lot. Stucco, tile roofs, two- and three-car garages, block walls, desert landscaping in front and a mix of grass, turf and pool decks in back.

The gating is layered rather than uniform, which is the detail most write-ups get wrong. Listing remarks across the past year describe a guard-gated Silverstone Ranch, a guard-gated section of Silverstone Ranch, a guard-gated Palms community, and a separately gated Windermere townhome enclave. Some parcels report guarded entry, some report gated entry only, and some report neither. Do not assume the gate you drove through covers the street you are buying on; confirm it against the specific sub-association.

Product mix is broader than the "guard-gated estates" framing suggests. The same 12 months included townhomes closing in the mid-$300,000s, 1,493-square-foot attached product, 1,894-square-foot single-story detached homes closing from $475,000 to $505,000, and homes of 3,000 to 4,150 square feet closing above $800,000. Among the 26 homes actively listed as of September 19, 2026, asking prices ran from $324,900 to $1,049,900 with a $624,950 median and a median 2,513 square feet at $243 per square foot.

The course land itself is the other half of the visual. According to the Las Vegas Review-Journal, a resident who has lived along it since 2012 described the property as basically wilderness, with coyotes and rabbits still occasionally passing through, and noted that people ride electric bikes and motorbikes across it. The city has cleared dead brush for fire risk. If you tour in the morning, walk the back fence line of any home you like and look at what you would actually be looking at for the next decade.

Aerial view of northwest Las Vegas rooftops and streets with snow-capped Mount Charleston rising beyond the valley floor
Mount Charleston from the northwest valley: the long mountain views are the amenity that survived the course closing.

Where Exactly Is Silverstone Ranch In The Northwest Valley?

Silverstone Ranch sits in the far northwest Las Vegas valley in ZIP 89131, inside the city of Las Vegas rather than unincorporated Clark County. That jurisdiction point matters more than it sounds: it is why the city council was able to levy nuisance penalties and a lien against the golf course owner, why a city utility lien appeared in the bankruptcy, and why the property falls in a city council ward with a council member who answers constituent mail about it.

According to the Las Vegas Review-Journal, the shuttered course sits at the corner of Grand Teton Drive and Rainbow Boulevard, just north of Gilcrease Orchard. The mapped coordinates on the 84 Silverstone Ranch listings in my September 2026 pull cluster between roughly 36.306 and 36.321 degrees north and 115.242 to 115.261 degrees west, which places the residential parcels north of Grand Teton Drive and between roughly Durango Drive and Rainbow Boulevard.

The neighbors are unusual for a Las Vegas community, and they are a real part of the appeal. The Gilcrease Orchard at 7800 North Tenaya Way is a working you-pick farm operated by the Gilcrease Orchard Foundation and in business since 1977, directly across from parts of the community. Floyd Lamb Park at Tule Springs is minutes north. According to the National Park Service, Tule Springs Fossil Beds National Monument preserves roughly 570,000 years of the upper Las Vegas Valley's environmental record, including more than 30 types of Ice Age megafauna, and the agency describes it as an urban park.

Practically, that means you are at the edge of the built valley with open desert to the north, a long run down US-95 to the resort corridor, and the Centennial Hills retail, hospital and service cluster as your day-to-day infrastructure. Buyers who want a shorter commute to the Strip or the airport should look south; buyers who want mountain views, dark skies and space should not.

How Does Silverstone Ranch Compare To Other Northwest Communities?

Every buyer I take through Silverstone Ranch is also looking at two or three other northwest options, so I ran the same Repliers pull across the obvious alternates for the 12 months ending September 19, 2026. The picture is not the one the old "most attainable guard-gated golf community" pitch implied.

Painted Desert recorded 64 closings at a $445,000 median, $248 per square foot, 35 days on market, a 1994 median year built and a $163 median monthly fee. It is older and smaller-footprint than Silverstone but faster and slightly stronger per square foot, and its course is still operating, which is the whole point of the comparison. Our Painted Desert buyer's guide goes deeper on that community.

Providence posted 118 closings at a $500,000 median, $232 per square foot, 27 days, a 2013 median year built and a $150 median fee. Newer construction, no guard gate at the master level, and materially faster resale than Silverstone. Skye Canyon is the volume leader with 308 closings at a $534,995 median and $263 per square foot on a 2023 median year built, with a $250 median monthly fee that reflects a far heavier amenity package. Iron Mountain Ranch is the value play at 63 closings, a $435,000 median, $210 per square foot, 22 days and a $60 median fee. Our Providence master plan guide covers that side of the comparison in detail.

The honest read: Silverstone Ranch delivers the largest median square footage of the group and the lowest typical dues of any guard-gated option here, and it gives up price per square foot and speed to every one of them. If your priority is a big single-story behind a gate with low carrying costs and you are genuinely indifferent to the land behind the fence, it competes well. If you want liquidity, it does not.

Northwest Las Vegas communities compared, 12 months ending September 19, 2026 (Las Vegas MLS data pulled through Repliers)
MeasureSilverstone RanchPainted DesertProvidenceSkye CanyonIron Mountain Ranch
Closings586411830863
Median closed price$537,000$445,000$500,000$534,995$435,000
Median price per sq ft$232$248$232$263$210
Median days on market4035273422
Median year built20051994201320232004
Median monthly dues$92$163$150$250$60
Aerial view of a northwest Las Vegas master-planned community with a resort pool tennis courts and a central park surrounded by tile-roof homes
Providence, one of the northwest alternatives Silverstone Ranch buyers cross-shop, where the amenities are association-owned rather than dependent on a third party.

What Should You Ask Before Writing An Offer Here?

Nevada gives you two document packages, and in this community both of them earn their keep. According to NRS 116.4109, the seller must furnish a resale package containing the declaration, bylaws, rules, a statement of the monthly assessment and any unpaid obligations, the current operating budget and year-to-date financial statement including a summary of reserves, a statement of any unsatisfied judgments or pending legal actions against the association, a statement of transfer and transaction fees, and proof of required insurance. You may cancel the purchase contract by written notice until midnight of the fifth calendar day after you receive it. That five-day window is your real due-diligence clock here, so do not let it start while you are on vacation.

Separately, according to NRS 113.130, the seller must complete and serve a residential disclosure form at least 10 days before conveyance, and must tell you in writing if a new defect appears or a disclosed one worsens before closing. Ask specifically about dust, weeds, rodents, trespassers and fire-break clearing along any shared boundary with the course parcel.

The Silverstone-specific questions I would put in writing:

  • Which sub-association is this address in, what is its exact monthly assessment, and is the gate staffed or unstaffed?
  • What are the master and sub-association reserve balances, and what did the golf course litigation cost the association?
  • Are there any special assessments adopted, proposed or under discussion?
  • Does this lot share a boundary with the former course parcel, and where is the actual property line?
  • What is the recorded 2002 golf course agreement's exact language, and has any vote to amend it ever been noticed?
  • Has the seller received any notice of a redevelopment application, town hall or ballot?

Two more practical items. First, verify school assignment yourself through the Clark County School District rather than relying on a listing, because northwest boundaries have moved repeatedly as this area built out. Second, pull the parcel through the Clark County Assessor to confirm lot dimensions and the assessed value trend, and check current tax detail rather than assuming the median; taxes on the 58 closings ranged widely, with a $3,034 median but perimeter homes running well above that.

Who Should Buy In Silverstone Ranch And Who Should Not?

Let me be specific rather than diplomatic, because "it depends" is not useful when you are writing an offer.

This community works well for a buyer who wants square footage and a single-story floor plan at a northwest price, who values a gate, and who is genuinely fine with open undeveloped land behind the fence. Thirty-eight of the 58 homes that closed in the past year were single-story, and the median was 2,401 square feet at $537,000. You will not find that combination at that dues level anywhere else on this side of the valley. Relocating buyers coming from markets where $537,000 buys 1,400 square feet frequently find this the best space-per-dollar trade in the northwest, and anyone moving to Las Vegas from a denser metro should at least walk it.

It also works for a patient buyer who wants optionality. You are buying a voting interest in a 75 percent threshold that controls 270 acres. That is a real, if unpriceable, call option. The discipline is to pay nothing extra for it.

It does not work for a golfer who wants to walk to a first tee. There is no course, and I would not buy here on the assumption there will be one. It does not work for a buyer who needs a short resale window, because a 40-day median and three-quarters of homes closing under original list is a slower, softer market than the surrounding ZIP. And it does not work for a buyer who cannot tolerate uncertainty in the seller disclosure conversation; the litigation history is public, and you should expect to discuss it every time you sell.

For first-time buyers, the townhome and smaller-detached tier that closed from the mid-$300,000s up through the low $400,000s is a legitimate entry point into a gated community, provided you go in with clear eyes about the view and the resale profile.

Is Silverstone Ranch Still Worth Buying In 2026?

Yes, at the right price, and I will tell you what the right price looks like.

The case for buying is that the market has already repriced this community and mostly stopped pretending. Silverstone Ranch trades at about $232 per square foot against $244 for ZIP 89131 as a whole over the 12 months ending September 19, 2026. That roughly 5 percent haircut, plus a 40-day median sale time against 32 for the ZIP, is the market's standing discount for the dead course and the litigation overhang. If you are buying in, you are buying the discount. That is not a bad place to be, as long as you do not pay it back by bidding perimeter frontage as though it were fairway frontage.

The case for caution is that the discount has not gone away in eleven years, and nothing on the record suggests it will go away soon. There is no filed application, no homeowner vote, no water allocation, and no clubhouse. The new owners bought the land for the delinquent tax bill in May 2025 and publicly called it a blank slate. Any thesis that starts with "when they reopen the course" is a thesis with no evidence behind it as of September 2026.

So my practical guidance to a client is this. Buy the specific house, the specific lot and the specific sub-association fee. Pay for square footage, single-story layout, lot size, a real open view and condition. Pay nothing for golf, and do not pay a premium for the possibility of golf. Where the lot genuinely backs the open parcel, the market data says that is worth something real today, about $254 per square foot against $231, and about half the time on market. Then negotiate hard, because seventy-six percent of homes here closed below their original asking price. If you want that analysis run on a specific address, or you want to know what your current home would bring in today's market, our Las Vegas market report and seller tools are the fastest way to start, and you can browse current Las Vegas homes for sale or the broader guard-gated communities inventory across the valley.

Frequently Asked Questions

Is the Silverstone golf course open in 2026?

No. Silverstone Golf Club closed permanently on September 1, 2015 and has never reopened. The buyer who acquired it that month closed it immediately, fenced the property and shut off the water. The boarded-up clubhouse was destroyed by fire in November 2021 and was never rebuilt. As of September 19, 2026 the roughly 270-acre property remains closed and unmaintained, with no golf operation and no filed plan to restore one. Be aware that the course's pre-closure marketing website is still online and still advertises tee times, green fees and a golf academy. It is stale, and it has misled a lot of buyers.

Who owns the Silverstone golf course land now?

The property sold at a Clark County treasurer's trustee auction on May 8, 2025 for the minimum bid of nearly $2.8 million, and the deed was recorded on May 29, 2025. According to the Las Vegas Review-Journal, Las Vegas land investor Khusrow "K" Roohani confirmed he and partner Dr. Jaswinder Grover are the majority owners, although the recorded deed named Imran Malik, who was registered for the auction and delivered the funds. The buyers said they planned to move ownership into an entity called Avalon Springs LLC and would not submit any project plan until after extended discussions with the community and the association board.

What is the 75 percent rule at Silverstone Ranch?

A recorded 2002 agreement requires the property to be maintained and operated as a 27-hole golf course unless at least 75 percent of Silverstone Ranch homeowners approve terminating that requirement. With more than 1,500 homes in the community, that is a very high bar, and it functions as a homeowner veto over redevelopment rather than a guarantee of golf. Nevada's default rule under NRS 116.2117 allows a declaration to be amended by a majority of votes unless the declaration specifies a different percentage, and Silverstone's documents specify a higher one. Ask for the recorded agreement itself during your inspection period.

Do homes backing the closed course sell for less?

No, they still sell for more, but for different reasons than before. Over the 12 months ending September 19, 2026, the ten Silverstone Ranch closings marketed on course frontage or an open backdrop ran a $663,000 median at $254 per square foot in 26 days, against $524,500, $231 per square foot and 44 days for the 48 interior closings. Controlling for size in the 2,600-to-3,400-square-foot band, the perimeter premium held at $262 versus $223 per square foot. Buyers are paying for lot size, no rear neighbor and mountain views, not for a fairway.

How much are Silverstone Ranch HOA dues?

It depends entirely on your sub-association. Across 58 closings in the 12 months ending September 19, 2026, the MLS-reported median monthly association fee was $92. Forty-four of the 58 homes reported $98 a month or less, two fell between $124 and $133, and twelve sat between $245 and $271, which is the gated and guard-gated sub-association tier. The full range ran $42 to $271. Dues are comparatively low because the association has never funded a golf course or clubhouse, which were always separately owned. Confirm the exact figure for your specific address in the resale package.

Will the golf course ever be redeveloped into housing?

Not without a 75 percent homeowner vote, and there is no evidence one is close. The previous owner spent years trying to negotiate partial housing, was in talks with a national builder about buying 60 acres, asked a court to declare the golf requirement inequitable, and never got it done. The new owners have filed nothing as of September 2026 and described the property as a blank slate. The ward councilwoman has said neighbors lack consensus but that nobody wants the land blanketed with houses, and a long-time resident told the Review-Journal the community is dead set against it.

Is Silverstone Ranch guard-gated?

Partly, and it varies by parcel. The community is a master association layered over multiple sub-associations, and listing records from the past year describe guard-gated sections including The Palms, separately gated enclaves such as the Windermere townhomes, and parcels reporting gated entry without a staffed guard. Roughly half of the 58 closings reported gated entry among association amenities and about a quarter reported a guard. Do not assume the entry you drove through serves the street you are buying on. Verify the specific sub-association's gate arrangement and its monthly assessment before you write.

Should You Tour Silverstone Ranch With Nevada Real Estate Group?

If you are seriously considering this community, the value we add is not the tour, it is the diligence. I will pull the recorded 2002 golf course agreement, the current resale package, the specific sub-association's assessment and reserve position, and the closing history for the exact parcel you are looking at, and I will tell you plainly whether the asking price reflects the discount this community actually trades at or whether the seller is still pricing a fairway that has been dead since 2015.

Our team has represented more than 9,600 closings across 16-plus years and $4.85 billion in volume, including 789 homes and more than $361.5 million in 2025 alone. That volume is why I can show you what perimeter lots really trade for here instead of guessing, and why I can tell you when a Silverstone Ranch home is the best square-footage buy in the northwest and when you should be writing on Providence or Skye Canyon instead. We do the same work for sellers, where the honest conversation about days on market matters even more.

If you already own here, the same analysis applies in reverse, and the timing question is worth a conversation before you list. If you are comparing gated options across the valley, including the older private-club communities profiled in our Las Vegas Country Club guide, we can run the comparison side by side on real closings rather than marketing copy. Call Chris Nevada and the Nevada Real Estate Group team at (702) 637-1759 or email info@nevadagroup.com, and browse current inventory across Las Vegas whenever you are ready.

Which Sources Inform This Silverstone Ranch Guide?

Property and price figures in this guide come from Las Vegas MLS data pulled through Repliers on September 19, 2026, covering closed sales from September 19, 2025 through September 19, 2026 and active listings as of September 19, 2026. They are our own tabulation, not an official Las Vegas REALTORS or GLVAR statistic.

About This Article

  • Author: Chris Nevada, Nevada REALTOR · License S.181401 (verify at red.nv.gov)
  • Brokerage: Nevada Real Estate Group · 8945 W Russell Rd, Suite 170, Las Vegas, NV 89148
  • Contact: (702) 637-1759 · info@nevadagroup.com
  • MLS: Member of GLVAR (Greater Las Vegas Association of REALTORS)
  • Region focus: Southern Nevada (Las Vegas, Henderson, North Las Vegas, Boulder City, Summerlin)
  • Compliance: Equal Housing Opportunity · Fair Housing Act · NRS 645
  • Last reviewed: September 19, 2026

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