Outdoor Enthusiasts
- Summerlin trail network — 150+ miles from your door
- Red Rock Canyon NCA — 195,000 acres, ten minutes west
- Fox Hill Park disc golf and zip lines five minutes away
- ~3,000-foot elevation for cooler morning workouts

Nevada's #1 team for Falcon Crest at Kestrel real estate. Search single-family homes in Summerlin's Kestrel village — $680K–$980K, trail network access, Sig Rogich Middle School (10/10), and Red Rock Canyon ten minutes away.
Falcon Crest at Kestrel sits in ZIP 89138, where active single-family inventory typically runs $680K–$980K according to NREG’s MLS analysis MLS data. The newest area listings appear below, refreshed daily, and the full Kestrel corridor is searchable in our live Las Vegas MLS portal filtered to ZIP 89138.
See all listings in Las Vegas, NV
Listing information is provided through the MLS Internet Data Exchange program and is deemed reliable but not guaranteed. Inventory checked Oct 30, 2026, 11:17 AM Pacific; availability and prices may change.
AREA MEDIAN LIST (ZIP 89138)
$780K
NREG analysis of Las Vegas REALTORS MLS data, June 2026
PLAN PRICE RANGE
$680K–$980K
Community plan record
HOA (MONTHLY)
$110–$250
Community plan record
AREA DAYS ON MARKET
41
NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 30, 2026
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
September 26, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
Falcon Crest at Kestrel is a single-family neighborhood in Summerlin's Kestrel village (ZIP 89138), priced $680K–$980K with a $825,000 area median per NREG’s MLS analysis, HOA dues of $110–$250/mo, and a 41-day area DOM. Demographics reference Las Vegas city per the U.S. Census. The takeaways below unpack what makes Kestrel the Summerlin village families keep choosing.
Last updated October 2026 · Sources: NREG’s MLS analysis, U.S. Census, Howard Hughes Corporation
PRICE DISTRIBUTION
Across the Kestrel village ZIP (89138), single-family inventory concentrates in the $680K–$980K band per NREG’s MLS analysis MLS data — with a $825,000 area median and 41 median days on market across the ZIP. The five bands below show where buyer competition actually concentrates in the 89138 corridor.
Falcon Crest at Kestrel inventory in ZIP 89138 breaks into single-family floor plans, lot types, and the price bands below — each link opens our live Las Vegas MLS search, with counts updated daily from NREG’s MLS analysis MLS data.
Falcon Crest sits alongside several other Kestrel sub-neighborhoods, plus broader Summerlin West options at varying price points. Each card below links to the most relevant hub or live search.
351 active listings across ZIP 89138 as of October 30, 2026 · MLS data
STAY AHEAD OF THE MARKET
Custom alerts by price, beds, lot type, and school zone — no spam, unsubscribe anytime. Trail-backing and view-lot homes in the 10/10 Sig Rogich MS zone move quickly; alert subscribers see them within hours of listing, not after the weekend open house.
Ask the district for the address-specific school assignment for the enrollment year, since boundaries change, and confirm it before you buy. Proximity to a school does not guarantee admission; charter, magnet and private schools set their own rules. Check CCSD school zoning · Nevada Report Card
CRIME DATA
Ask the law-enforcement agency that serves the address for its current reports, and compare places only across the same reporting period, boundary and offense definitions. Missing records do not mean zero crime, the FBI cautions against ranking communities on crime totals alone, and a citywide figure does not describe a particular street.
FBI crime data resources · FBI guidance on comparing communities
Living in Falcon Crest means desert-contemporary single-family homes in Kestrel village at roughly 3,000-foot elevation, five minutes from Downtown Summerlin and ten minutes from Red Rock Canyon. The neighborhood sits inside the Howard Hughes Corporation-developed Summerlin master plan, served by Sig Rogich Middle School (10/10), with 150-plus miles of trails threading the community.
Falcon Crest is known for its open-concept desert-contemporary homes, the Kestrel village location on Summerlin's elevated western edge, Sig Rogich Middle School (10/10) zoning, and the tight proximity to both Downtown Summerlin and Red Rock Canyon National Conservation Area.
Families prioritizing top-rated schools and trail access, professionals commuting to Downtown Summerlin or the Strip corridor, and California relocators seeking modern Summerlin living at $680K–$980K without the gated-enclave HOA premium.
Morning trail runs on Summerlin's 150-plus-mile network, school drop-off at Sig Rogich MS (10/10), errands at Downtown Summerlin five minutes east, and weekend hikes in Red Rock Canyon ten minutes west — with 300 days of sunshine per year.
Falcon Crest sits in the Kestrel village on the northern edge of Summerlin West (ZIP 89138), near the intersection of the 215 Beltway and Town Center Drive, at roughly 3,000 feet elevation. About 20 miles from the Strip and 10 miles from Red Rock Canyon.
Median, active-listing and days-on-market tiles: NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 30, 2026.
According to the U.S. Census Bureau, the tiles below compare housing and population figures for Falcon Crest at Kestrel and its surrounding area with the wider county. Each tile's label names the area it covers.
These are housing and population counts only. We don't describe who lives in a neighborhood or suggest which buyers it suits. Compare homes by their features, location, HOA terms and total cost, and use the Census source for the full tables.
Source: NREG community plan records & U.S. Census Bureau ACS 2020–2024 5-year estimates, Las Vegas city · Updated
POPULATION & GROWTH
Summerlin West continues to expand under Howard Hughes Corporation's master plan — Kestrel is one of the newer western villages, and land to the north and west still absorbs new phases as the master plan matures. The parent city of Las Vegas has added roughly 96,000 residents since 2010 per U.S. Census counts, and the 89138 corridor remains among the most in-demand ZIP codes in Summerlin.
Summerlin West's Kestrel village will continue absorbing demand as Howard Hughes Corporation builds out western phases — a structural tailwind for Falcon Crest homeowners. The 89138 ZIP sits at the junction of established Kestrel inventory and new western expansion, meaning resale competition stays limited even as the broader Summerlin market grows.
Sources: U.S. Census Bureau QuickFacts and Howard Hughes Corporation. Citywide figures shown because Falcon Crest is not separately tabulated by the Census. Las Vegas city: 2010 and 2020 are decennial Census counts; 2025 is the Census Bureau’s Vintage 2025 estimate. Last updated September 2026.
REPORTED MARKET SERIES
The charts below show Las Vegas citywide sold medians, market time, and monthly closings from NREG’s analysis of Las Vegas REALTORS MLS data — the liquid benchmark ZIP 89138 trades against. The statsFallback reflects a $780,000 median and 41 median days on market across the Kestrel ZIP corridor.
Median List Price
$780,000 area median (ZIP 89138), June 2026
Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers
Days on Market
41 median days across the ZIP 89138 corridor
Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers
Price Range
$680K–$980K typical Falcon Crest plan range
Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers
The long view: the median sold price in Las Vegas rose 144% between 2014 ($179,525) and 2026 ($438,265), across 193,480 recorded closings — Las Vegas REALTORS MLS records via Repliers.
ACTIVE KESTREL MARKET
Market Competitiveness
The ZIP 89138 corridor showed 41 median days on market per NREG’s analysis of Las Vegas REALTORS MLS data — longer than valley-wide averages because the $680K–$980K price band requires qualified buyers and thorough diligence. Trail-backing lots, view premiums, and 10/10-school-zone homes still draw multiple offers; interior-lot resales at the upper end take longer to find their buyer.
Compare individual homes by the features, services, and total ownership costs that matter to you. The points below can help structure your property research before you make an offer.
Ready to explore homes in Falcon Crest at Kestrel? Our team knows every lot type, school-zone nuance, and sub-association in the Kestrel village.
Start Your Home SearchNeighborhood Comparison
A like-for-like comparison of Kestrel's sub-neighborhoods — entry pricing, lifestyle fit, and who each suits — drawn from the community plan record and active-listing data via NREG’s MLS analysis. Honesty note: Kestrel sub-neighborhood sample sizes are small, so we publish entry points and characterizations rather than median statistics that small samples cannot support.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Falcon Crest at Kestrel | $680K–$980K | n/a* | n/a* | n/a* | Families · Trail access |
| Dove Rock at Kestrel | From $700K+ | n/a* | n/a* | n/a* | Move-up · Slightly newer |
| Kestrel Village (broader) | From $650K | n/a* | n/a* | n/a* | Full Kestrel village selection |
| Summerlin West (village tier) | From $550K | n/a* | n/a* | n/a* | Broader Summerlin West inventory |
| The Ridges (guard-gated) | From $2M+ | n/a* | n/a* | n/a* | Guard-gated · Luxury · Views |
Source: NREG’s MLS analysis MLS data plus the NREG community plan record, June 2026. Per-sub-neighborhood $/SF and DOM are intentionally omitted — sub-neighborhood samples are too small to be meaningful. ZIP 89138 area benchmarks: 41-day median DOM, $780K median list.
Neighborhood Deep Dive
Submarket 1
Single-family homes with open-concept layouts and modern finishes, trail-network access, and Sig Rogich MS (10/10) zoning — the core Kestrel value proposition.
Browse Falcon Crest at Kestrel homes →Submarket 2
A sibling Kestrel sub-neighborhood with comparable floor plans and the same CCSD school lineup — buyers cross-shop Falcon Crest and Dove Rock for lot position and finish level.
Browse Dove Rock at Kestrel homes →Submarket 3
The broader Kestrel village hub encompasses all sub-neighborhoods including Falcon Crest and Dove Rock — useful for buyers who want to see every active Kestrel listing in one search.
Browse Kestrel Village (broader) homes →Submarket 4
The outer Summerlin West tier carries newer active phases from Toll Brothers and Lennar alongside resale inventory — useful for buyers whose budget starts below Kestrel's $680K floor.
Browse Summerlin West (village tier) homes →Submarket 5
Summerlin's most exclusive guard-gated enclave with Bear's Best golf and panoramic Red Rock views — buyers who want a staffed gate trade up from Falcon Crest to The Ridges.
Browse The Ridges (guard-gated) homes →Submarket 6
Roughly 195,000 acres of Bureau of Land Management conservation land ten minutes west of Falcon Crest — the 13-mile scenic loop, world-class sandstone climbing, and trail systems from beginner to technical. No other Summerlin sub-neighborhood sits this close to the conservation area boundary.
Browse Red Rock Canyon — The Backyard homes →STILL DECIDING?
BY ZIP CODE
ZIP 89138 covers the Kestrel village and adjacent Summerlin West corridors — a single-family-dominant ZIP where Falcon Crest sits alongside Dove Rock and other Kestrel sub-neighborhoods. The table below breaks the ZIP into its real corridors, from Kestrel resales to newer Summerlin West active phases.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89138 | Falcon Crest at Kestrel — resale single-family | $680K–$980K (plan range) | n/a* | ~41 (ZIP-area) | varies | n/a* |
| 89138 | Dove Rock and other Kestrel sub-neighborhoods | From $700K | n/a* | ~41 (ZIP-area) | — | n/a* |
| 89138 | Summerlin West newer active phases (builder) | From $550K | n/a* | varies (new construction) | — | n/a* |
| 89138 | Full ZIP 89138 benchmark (Kestrel corridor combined) | $780K list median | — | 41 | see LVR | n/a* |
Source: NREG’s MLS analysis MLS plus NREG corridor analysis. *Sub-neighborhood $/SF and year-over-year change intentionally omitted — enclave-scale samples are too small to be meaningful, so we publish plan ranges and ZIP-area benchmarks instead. Boundaries per Clark County GIS.
New Construction
Falcon Crest itself is a resale market — the neighborhood built out in the 2000s and no production builder operates inside it today. The broader Summerlin West and Kestrel corridor still absorbs new Howard Hughes Corporation village phases, and buyers wanting brand-new homes cross-shop current active communities nearby. Incentives change monthly — verify current offers before you write anything.
Luxury & Move-Up
Closest luxury new-build profile to Falcon Crest resale
Family & Mid-Market
Broadest Summerlin-area new-build selection
Design-Forward Move-Up
Contemporary architecture buyers cross-shop against Falcon Crest resales
Family & First-Move-Up
Value-accessible new builds for buyers stretching into Kestrel pricing
Family
North-valley alternatives for buyers cross-shopping Kestrel
Outdoor Recreation
Falcon Crest sits at the edge of two outdoor ecosystems: Summerlin's trail network inside and Red Rock Canyon's 195,000 acres ten minutes west, managed by the Bureau of Land Management. The elevation keeps conditions comfortable well into spring and fall, extending the usable outdoor season beyond what the valley floor offers.
IN-COMMUNITY
Howard Hughes Corporation's award-winning trail network threads through Kestrel — connecting Falcon Crest to parks, schools, Downtown Summerlin, and neighboring villages without driving.
5 MIN
One of Summerlin's most adventurous community parks — a full disc golf course, zip lines, adventure playground, picnic areas, and trail connections in the immediate Kestrel neighborhood.
5 MIN
A linear desert park on Paseo Hills Drive with walking trails, native gardens, open space, and dog-friendly paths — a quiet everyday option for Kestrel residents.
10 MIN
The Mojave's signature conservation area — the 13-mile scenic loop, world-class sandstone climbing, and dozens of trails from easy nature walks to technical ascents, ten minutes from Falcon Crest.
5 MIN
The west valley's entertainment hub — 125-plus shops, restaurants, Las Vegas Ballpark (AAA baseball), City National Arena (Golden Knights practice), and year-round events.
20 MIN
A historic ranch turned state park at the foot of the Spring Mountains — meadows, cottonwoods, and a shaded picnic ground twenty minutes from Kestrel, a sharp contrast to the desert basin below.
10 MIN
The PGA Tour's Las Vegas-area host course — a daily-fee round on a tournament-grade layout ten minutes from Falcon Crest.
5 MIN
Home of the Las Vegas Aviators (AAA affiliate of the Oakland A's organization) at Downtown Summerlin — evening games five minutes from home.
The Falcon Crest at Kestrel Lifestyle
Three moods within minutes of your door: a morning trail run on Summerlin's 150-plus-mile network, a hike into Red Rock Canyon's roughly 195,000 conservation acres per the Bureau of Land Management ten minutes west, and dinner at Downtown Summerlin's 125-plus restaurants five minutes east.
THIS WEEKEND'S OPEN HOUSES
Kestrel open houses run most weekends — Falcon Crest is an open-access neighborhood, so no gate coordination is needed. Well-priced trail-backing and school-zone homes draw traffic quickly; set up instant alerts to get notified the moment a Falcon Crest home schedules an open house, or browse every active listing now and let us arrange private, same-day showings.
Budget around the specific home, not a community average. Before you compare the cost of a move to Falcon Crest at Kestrel, get these in writing:
The full step-by-step relocation checklist, from timeline to first-week setup, is in one place.
Open the relocation guideECONOMY & JOBS
Falcon Crest runs on a professional and dual-income household base — executives, tech workers, medical professionals, and remote workers drawn to the Kestrel lifestyle. According to the U.S. Bureau of Labor Statistics, the Las Vegas metro labor market remains historically strong, and community records put average household income above $110,000 — roughly 44% above the Clark County median.
Sources: U.S. Bureau of Labor Statistics, Howard Hughes Corporation. Last updated June 2026.
COMMUNITY COMPARISON
If you're weighing Falcon Crest against the valley's other addresses, this side-by-side covers the metrics buyers ask about most, updated June 2026. Falcon Crest wins on school quality and trail access, Summerlin West broadly on new construction, Henderson on citywide safety — sources are NREG’s analysis of Las Vegas REALTORS MLS data, the U.S. Census, and FBI UCR.
| Metric | Falcon Crest / Kestrel | Summerlin | Las Vegas | Henderson |
|---|---|---|---|---|
| Median List Price | $780K (ZIP 89138) | $728K (Summerlin-wide) | $476K | $548K |
| Plan Price Range | $680K–$980K | From $350K (wide range) | From $250K | From $300K |
| Days on Market (area) | 41 | 21 | 20 | 21 |
| Trail Network | 150+ mi (Summerlin) | 150+ mi (Summerlin) | Limited | River Mountains Loop (34 mi) |
| To Red Rock Canyon | 10 min | 15–25 min | 25–35 min | 40+ min |
| Guard-Gated | No (open access) | Select enclaves (The Ridges) | Select enclaves | Select enclaves (MacDonald Highlands) |
| New Construction | None — resale only | Active (Summerlin West) | Moderate | Very High (Cadence, Inspirada) |
| Best For | Schools · Trails · Outdoors | Full Summerlin lifestyle | Selection · Urban access | Families · Safety · Retirees |
Sources: NREG’s analysis of Las Vegas REALTORS MLS data, U.S. Census QuickFacts. Kestrel income figures are community plan-record values; city demographics are Las Vegas citywide. Last updated June 2026.
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
Kestrel's location on Summerlin's western edge gives direct access to the 215 Beltway and Summerlin Parkway. Mean Las Vegas commutes run about 25 minutes per U.S. Census ACS data — most Falcon Crest destinations beat that comfortably on the westside arterial grid.
Drive times are typical off-peak estimates for the route named; check live traffic before you rely on one.
Quick Answer
Most Falcon Crest purchases close in 30 to 45 days through a Nevada escrow company. Cash offers can close in 7–14 days. Conventional purchases in the $680K–$980K range typically land in 30–35 days with a clean file. Budget extra days if your loan needs jumbo underwriting or the HOA questionnaire runs slow.
Quick Answer
Most Falcon Crest buyers put down 5% to 20%. Conventional loans cover the $680K–$980K range cleanly — on a $825,000 home, plan $41,300 (5%) to $165,000 (20%). VA loans allow 0% for eligible veterans, and FHA works for qualifying buyers up to current FHA loan limits. Buyers near $1M should confirm whether their specific loan amount exceeds the conforming limit and may need a conventional jumbo product with additional reserves.
Falcon Crest at Kestrel FAQ — 17 Answers
Homes in Falcon Crest at Kestrel typically list $680,000–$980,000, with a $825,000 area median tracked by Las Vegas REALTORS MLS data for ZIP 89138. Pricing shifts with floor-plan size, lot premium, and trail proximity. Well-priced Kestrel homes rarely linger — call (702) 637-1759 to see new inventory the day it hits.
Falcon Crest sits inside the Kestrel village on the northern edge of Summerlin West (ZIP 89138), one of the newer Howard Hughes Corporation villages at roughly 3,000 feet elevation near Red Rock Canyon. From Kestrel, Downtown Summerlin is about five minutes east and Red Rock Canyon's trailheads about ten minutes west — the best of both worlds in one address.
Falcon Crest carries Las Vegas, NV 89138 addresses, placing it in the Kestrel village corridor on the western edge of Summerlin. Homes fall under Clark County School District zoning, sit minutes from Red Rock Canyon, and are walking or cycling distance to the Summerlin trail network. Filter any MLS search to ZIP 89138 to keep Falcon Crest and comparable Kestrel listings front and center.
HOA dues in Falcon Crest run $110–$250 per month, covering the Summerlin master association plus the Kestrel neighborhood sub-association — common-area upkeep, landscape maintenance, and community amenities. Because each sub-association sets its own budget, confirm the exact figure with a current resale package before writing an offer. Our team pulls those documents for every buyer we represent.
Falcon Crest families are zoned to Clark County School District campuses: John C. Vanderburg Elementary (8/10), Sig Rogich Middle School (10/10 — one of Nevada's highest-rated public middle schools), and Palo Verde High School (8/10) per GreatSchools. Private options include The Meadows School, Bishop Gorman, and Faith Lutheran; charters include Doral Academy Red Rock and Pinecrest Academy. Always confirm zoning by address with CCSD before closing.
About 20 minutes — Falcon Crest reaches the Strip via Summerlin Parkway and I-15, and Harry Reid International Airport runs about 30 minutes via I-215 South. Daily life stays far closer: Downtown Summerlin's 125-plus shops and restaurants sit about five minutes east, and Red Rock Canyon's trailheads are about ten minutes west for quick morning hikes.
No — Falcon Crest is an open-access single-family neighborhood within the Kestrel village, not a guard-gated enclave. Residents get the full Summerlin lifestyle — 150-plus miles of trails, parks, top-rated schools, and Red Rock Canyon proximity — without staffed-gate HOA premiums. Buyers wanting guard-gated Summerlin addresses should also look at The Ridges or Red Rock Country Club nearby.
Falcon Crest was built by national builders active in the Kestrel village during the 2000s, delivering desert-contemporary single-family homes with open-concept layouts, energy-efficient systems, and the premium finishes that Summerlin buyers expect. Today's market is resale — no production new construction inside Falcon Crest — but neighboring Kestrel sub-neighborhoods occasionally see new phases from Howard Hughes' approved builders.
Property taxes are low by national standards. Nevada's effective rate runs roughly 0.5–0.7% of market value per the Clark County Assessor, and annual increases on a primary residence are capped at 3% under Nevada Revised Statutes 361.4723 once the owner claims it. On a $825,000 Falcon Crest home that means approximately $4,130–$5,780 per year — a fraction of what a comparable California home carries. Zero Nevada state income tax multiplies the advantage further.
California's top state income-tax rate is 13.3% per the Franchise Tax Board; Nevada's is zero. A household earning $400,000 saves roughly $40,000 per year in state income taxes alone by moving to Falcon Crest. The Clark County Assessor's 0.5–0.7% effective property-tax rate combined with the NRS 361.4723 3% primary-residence cap means carrying costs stay predictable year over year — a compelling financial case for Bay Area and Southern California relocators.
Falcon Crest sits at the intersection of Summerlin's 150-plus-mile trail network and Red Rock Canyon National Conservation Area — roughly 195,000 acres managed by the Bureau of Land Management about ten minutes west. Fox Hill Park (disc golf, zip lines, adventure playground) is in the immediate neighborhood. Downtown Summerlin, Las Vegas Ballpark, and City National Arena add entertainment and recreation options five minutes east.
The 89138 corridor carrying Falcon Crest and Kestrel showed a median of about 41 days on market over recent MLS cycles per NREG’s analysis of Las Vegas REALTORS MLS data — longer than the valley's sub-30-day hot pockets because the $680K–$980K price band demands qualified buyers. Well-priced Falcon Crest homes with upgrade packages and trail-network lots still attract multiple offers. Our team tracks every new listing the day it posts.
Kestrel sits at approximately 3,000 feet elevation on Summerlin's western edge, measurably cooler than the Las Vegas Valley floor. Summers are still hot — plan for 100°F-plus stretches July through September — but evenings cool rapidly at elevation, and the proximity to Red Rock Canyon creates natural air movement. Winters are mild by national standards, with occasional light snow dusting the Red Rock ridgeline above the neighborhood.
Four things matter here. First, HOA tiers: confirm the exact Kestrel sub-association dues (typically $110–$250/mo) plus master Summerlin HOA in the resale package. Second, builder vintage: homes were built in the 2000s — inspect HVAC, roofing, and plumbing carefully. Third, lot premiums: trail-backing and view lots command real money. Fourth, school zoning: Sig Rogich MS (10/10) is the draw — verify your specific address with CCSD before closing. Call (702) 637-1759.
Most Falcon Crest buyers put down 5% to 20%. Conventional loans cover the $680K–$980K range cleanly — on a $825,000 home, plan $41,300 (5%) to $165,000 (20%). VA loans allow 0% for eligible veterans, and FHA works for qualifying buyers up to FHA loan limits. Buyers near $1M should confirm whether their loan amount exceeds the conforming limit and may need a conventional jumbo. Get pre-approved before touring so you can move fast in a 41-day-DOM market.
Budget $110–$250 per month, covering both the Summerlin master association and the Kestrel neighborhood sub-association — common-area upkeep, trail-network maintenance, landscape, and community amenities. The exact split varies by sub-association budget cycle, so pull the full resale package — current dues, reserve study, and any assessment history — early in escrow. Our team pulls those documents on every transaction we represent.
Yes — Nevada Real Estate Group has represented buyers and sellers throughout the Kestrel village and the broader Summerlin West corridor. We track every Falcon Crest listing the day it posts, know the trail-backing and view-lot premiums by street, and can arrange same-day tours in most cases. Call (702) 637-1759 or submit your details below and a Kestrel specialist will follow up within the hour.
Updated October 2026
STILL HAVE QUESTIONS?
Want more Nevada real estate answers like this in your Google results?
PEOPLE ALSO ASK
These are the eight queries Falcon Crest buyers actually type into Google and AI assistants — answered with specifics you can verify: market figures from NREG’s MLS analysis, school data from GreatSchools and CCSD, tax law from the Nevada Revised Statutes, and community facts from the plan record.
Both — Falcon Crest is in the Kestrel village of the Summerlin master plan, but it carries a Las Vegas, NV address (ZIP 89138) because Summerlin is an unincorporated community within the City of Las Vegas. Politically Las Vegas; lifestyle and amenity-wise, fully Summerlin.
Kestrel is one of Summerlin's most recent western villages, at roughly 3,000-foot elevation near the Red Rock Canyon boundary — newer streets, more Red Rock proximity, and the Sig Rogich Middle School (10/10) zone that families specifically target. Older Summerlin villages like The Paseos and The Trails are more established but farther from the canyon edge.
Falcon Crest doesn't have an individual neighborhood pool — residents have access to Summerlin's master-plan park network. Fox Hill Park and other nearby Kestrel-area parks provide open space and recreation. Homes with private pools are available in the resale market; confirm with each listing's features.
Sig Rogich Middle School earns a 10/10 from GreatSchools — one of the highest ratings of any public middle school in Nevada. It's the primary school-zone driver for Falcon Crest buyers with middle-school-age kids. Always verify your specific address is in the Rogich zone with CCSD before closing.
Yes — the Summerlin master CC&Rs govern exterior appearance, landscaping, and modifications across all Kestrel sub-neighborhoods. The sub-association adds its own rules. Review both documents during the inspection period; common restrictions cover paint colors, parking, and exterior structure additions.
The Red Rock Canyon NCA entrance is about ten minutes by car — too far to walk, but very accessible by road bike via W Charleston Boulevard west. The Summerlin trail network brings you close to the Red Rock Conservation Area boundary on foot, but the official NCA entrance and trailheads require a short drive or ride.
TPC Summerlin — the PGA Tour host course — is about ten minutes east of Kestrel via Town Center Drive. Angel Park Golf Club (public, two courses) is about fifteen minutes northeast. Both are reachable without highway driving for most Falcon Crest addresses.
Both are single-family sub-neighborhoods in the Kestrel village with comparable school zoning and HOA structure. The key differences are street layout, specific lot positions, and floor-plan vintage — our agents can walk you through the active inventory in both to find which fits your exact priorities. Call (702) 637-1759.
WHY NEVADA REAL ESTATE GROUP
Direct builder relationships, the largest agent team in the Valley, and thousands of verified five-star reviews. Across 9,600+ closed transactions and $4.85B+ in volume since 2011, our agents have represented buyers and sellers throughout the Kestrel village and the broader Summerlin West corridor — the depth behind the team's #1 ranking in Nevada.
WORK WITH THE BEST
Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
Compare Falcon Crest with neighboring Summerlin villages and broader Las Vegas addresses — from Dove Rock two minutes away to Henderson 35 minutes southeast. Each card pairs the commute time with price positioning so you can judge whether a different address actually buys you more home at your budget.
0 MIN
$780K (ZIP 89138)
In the same village
View Kestrel Village (Summerlin) →More Summerlin communities
Shopping the whole city? Browse all Summerlin homes for sale — live MLS listings updated daily.
A–Z INDEX
Kestrel village sub-neighborhoods within Summerlin West (ZIP 89138) are indexed below for orientation — from Falcon Crest and Dove Rock to the broader Summerlin master plan. Dedicated pages are live or rolling out; our team can pull current listings, dues, and school-zone details for any on request.
KEEP LEARNING
These guides extend the research most Falcon Crest buyers do next — understanding the citywide Las Vegas market, weighing Summerlin against Henderson, and mapping the Kestrel buying process — each written by our team from the same MLS data and primary sources used throughout this page.
MARKET GUIDE
The citywide playbook — pricing, inventory, rates, and where the valley's momentum actually is this year.
Read →COMMUNITY HUB
Master-plan overview, all 20-plus villages, and the data behind Summerlin's premium over the broader Las Vegas market.
Read →COMPARISON GUIDE
How the valley's two luxury poles compare — useful context for buyers cross-shopping Kestrel against Henderson's guard-gated communities.
Read →NEIGHBORHOOD GUIDE
The valley ranked by buyer type — families, first-timers, luxury, retirees — before you tour.
Read →Sources & Methodology
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. ZIP 89138 area statistics are labeled as area benchmarks — not Falcon Crest-only claims — because sub-neighborhood sample sizes are too small for meaningful medians. Follow any link below to verify a figure.
Methodology: Listing counts, prices and days on market are NREG's analysis of Las Vegas REALTORS MLS data received through the Repliers feed; this page refreshes them about once a day, and each market figure carries its date or window. Census and BLS figures are the published vintage named beside them and change only when the agency releases new estimates. Confirm details for a specific home with its listing and the responsible agency.
Updated: October 2026 · Next update: November 15