$1,722,500
4062 Heron Fairway Drive
3 bd · 4.5 ba · 3,501 sqft
5 Gemstar Lane$2,600,000
NEWPRICE REDUCED $150k
Active
$2,600,000$150kEst. Value: $2,582,744
5 Gemstar Lane
Las Vegas NV 89135 • Summerlin Village 18 Ridges Parcel M N O Phase 2 • Clark County
Est. $13,147/moGet pre-qualified
BEDS
3
Beds
BATHS
4.5
Baths
SQ FT
3,562
Sq Ft
YEAR BUILT
2016
Year Built
GARAGE
3
Garage Spaces
ACRES
0.18
Acres
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About 5 Gemstar Lane
Modern luxury meets resort-style living in Sterling Ridge at The Ridges. With no expense spared, this exceptional indoor/outdoor remodel blends modern elegance with functional luxury. A private courtyard entry welcomes you into an open-concept floorplan highlighted by soaring ceilings, natural light & a custom fluted linear fireplace. The gourmet kitchen is a true centerpiece, feat rich custom cabinetry, exquisite stone & dramatic waterfall island. The home is appointed with wide-plank hardwood flooring & designer lighting throughout.
Location
Open in Google Maps →Property Details
Community Information
- Address
- 5 Gemstar Lane, Las Vegas, NV 89135
- Neighborhood
- Summerlin Village 18 Ridges Parcel M N O Phase 2
- County
- Clark
- City
- Las Vegas
- Subdivision
- Summerlin Village 18 Ridges Parcel M N O Phase 2
- Zip Code
- 89135
School Information
- Elementary
- West Prep Elementary School (K-5) · 0 mi
- Middle
- Fertitta Victoria Middle School (6-8) · 0 mi
- High
- College of So NV High School East (9-12) · 0 mi
- High
- College of So NV High School South (9-12) · 0 mi
- High
- College of So NV High School West (9-12) · 0 mi
- High
- Durango High School (9-12) · 0 mi
- High
- Northwest Career-Technical Academy High School (9-12) · 0 mi
Architecture
- Bedrooms
- 3
- Bathrooms
- 4 full · 1 half
- Year Built
- 2016
- Garage Spaces
- 3
Features / Amenities
- Heating
- Electric
Property Features
- Lot Size
- 0.18 sqft (0.18 ac)
- Sewer
- Public Sewer
Tax & Financial
- Tax Annual Amount
- $11,670
- Association Fee
- $188/mo
- Association Amenities
- Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub, Security
- Senior Community
- No
Listing HistoryReduced $150,000 (5.5% off)
- Listed$2,750,000April 16, 2026
- Price Reduced$2,600,000−$150,000 · 5.5% off
- TodayActive61 days on market
List date approximated from current days-on-market. Source: GLVAR MLS via Repliers IDX.
Property History
Every MLS record for this address — sales, leases, and prior listing attempts. GLVAR records back to 2013.
- December 2024Sold$1,900,000
- December 2020Sold$1,300,000
Mortgage Calculator
Estimated Monthly Payment
$15,066
- Principal & Interest: $13,147
- Property Tax: $973
- Insurance: $758
- HOA: $188
Relocation Math
California → Nevada Tax Savings
Year-One Savings
$29,604
10-Year Cumulative
$339,377
See the breakdown
| California | Nevada | Savings | |
|---|---|---|---|
| State income tax | $15,304 | $0 | $15,304 |
| Property tax (year 1) | $28,600 | $14,300 | $14,300 |
| Year-1 total | $29,604 | ||
Estimate only. CA income tax uses 2026 inflation-adjusted brackets and the standard deduction; property tax assumes 1.10% CA effective rate (Prop 13 + assessments) and 0.55% Clark County effective rate. 10-year projection compounds the tax base at 3% per year. Consult a CPA before making relocation decisions.
Schools
View all schools →7 schools currently zoned to serve 5 Gemstar Lane. Attendance-zone data via LiveBy; ratings reflect the most recent GreatSchools/NV state rank.
4/10
West Prep Elementary School
Elementary · Grades K-5
Clark County School District (CCSD)
6/10
Fertitta Victoria Middle School
Middle · Grades 6-8
Clark County School District (CCSD)
8/10
College of So NV High School East
High · Grades 9-12
Clark County School District (CCSD)
10/10
College of So NV High School South
High · Grades 9-12
Clark County School District (CCSD)
10/10
College of So NV High School West
High · Grades 9-12
Clark County School District (CCSD)
4/10
Durango High School
High · Grades 9-12
Clark County School District (CCSD)
10/10
Northwest Career-Technical Academy High School
High · Grades 9-12
Clark County School District (CCSD)
The Neighborhood
Who lives in The Ridges
An exclusive snapshot benchmarked against Summerlin South
The Ridges tracks the metro average for age, with a median of 45, with 27% of households raising children. Owner-occupancy runs at 91%, well above the 72% county average, and median household income ($199K) significantly outpaces the county's $113K. 53% of adults hold a bachelor's degree or higher — well above the 43% county average, with annual turnover (42%) above the county's 30%.
Population
2,082
vs Summerlin South aggregate
Median HH Income
$199,489
vs Summerlin South $113K
Median Age
45
vs Summerlin South 47
Median Home Value
$2,000,000
vs Summerlin South $642K
Owner-Occupied
91%
vs Summerlin South 72%
Bachelor's+
53%
vs Summerlin South 43%
Has Children
27%
vs Summerlin South 24%
Avg HH Size
2.0
vs Summerlin South 2.3
Annual Turnover
42%
vs Summerlin South 30%
Density / sq mi
1,887
vs Summerlin South 3,105/sq mi
Age mix in The Ridges
Children (0–17)
24%
Young Adults (18–24)
2%
Working Age (25–64)
52%
65 +
21%
How The Ridges gets to work
Commute Time
Under 15 min
29%
15 – 29 min
51%
30 – 59 min
13%
60+ min
7%
Transportation Mode
Drove alone
74%
Worked from home / other
21%
Carpooled
5%
Source American Census Survey 2023 via LiveBy. Benchmarks Summerlin South aggregate.
Your Match
Is The Ridges right for you?
Set your stage and income and we’ll score this neighborhood’s ACS demographics against your fit. Settings save to your browser and follow you to every listing.
Pick a stage or income above to see your personalized fit score for The Ridges.
The LVHSE Market Authority
Inside the Summerlin Village 18 Ridges Parcel M N O Phase 2 Market
Summerlin Village 18 Ridges Parcel M N O Phase 2 sits inside the 89135 ZIP, where the typical active listing is asking $1.05M and closed sales are pricing roughly flat year over year. Recent comparable sales have cleared at roughly $469 per square foot, with the median property going under contract in about 32 days. Current absorption sits at 9.1 months of inventory — a buyer's market where negotiating room is typical.
Explore the Summerlin Village 18 Ridges Parcel M N O Phase 2 Market Report →Median Price
$1.05M
↓ 0.9% YoY
Avg DOM
32 days
$ / Sqft
$469
Inventory
9.1 mo
06070809101112010203040506
11126 Evvie
$553,900
$288/sqft · 57d
10791 Glowing Dawn
$690,000
$331/sqft · 19d
10372 Abisso
$870,000
$419/sqft · 55d
Comparable Sales
Recent sold comps in ZIP 89135
$621/sqft median
35 sold listings in ZIP 89135 from 2025-12-18 to 2026-06-16 — filtered to ±20% sqft of 3,562 sqft, ±1 bed. Showing the 6 most recent.
AddressSoldBedsSqftPrice$/sqft
2671 Turtle Head Peak Drive, Las Vegas2026-05-0533,085$2,275,000$737
2717 Turtle Head Peak Drive, Las Vegas2026-04-2333,085$2,015,000$653
6880 Equinox Cliff Street, Las Vegas2026-05-1333,169$1,850,000$584
5192 Estasi Street, Las Vegas2026-04-1832,994$1,540,000$514
11534 Glowing Sunset Lane, Las Vegas2026-04-0433,455$1,700,000$492
10243 Cantiamo Court, Las Vegas2026-04-0123,210$985,000$307
Selling instead? Run your own home through the same comp engine in 30 seconds.
Get my home’s value →Sold-price data via Repliers IDX (live GLVAR MLS feed, refreshed hourly). Comparable sales are filtered by ZIP, bedroom count, and square footage range — not by lot, view, condition, upgrades, or HOA. Information deemed reliable but not guaranteed.
Similar Listings
View all →Frequently Asked Questions
What are the HOA fees and what do they cover?
The HOA at 5 Gemstar Lane is $188/month, covering Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub, Security.
What schools serve 5 Gemstar Lane?
5 Gemstar Lane is zoned for West Prep Elementary School (K-5, GreatSchools 4/10); Fertitta Victoria Middle School (6-8, GreatSchools 6/10); College of So NV High School East (9-12, GreatSchools 8/10); College of So NV High School South (9-12, GreatSchools 10/10); College of So NV High School West (9-12, GreatSchools 10/10); Durango High School (9-12, GreatSchools 4/10); Northwest Career-Technical Academy High School (9-12, GreatSchools 10/10). Clark County School District boundaries can change year to year — confirm current zoning before you write an offer.
What is the price per square foot?
5 Gemstar Lane is priced at about $730 per square foot — $2,600,000 for 3,562 sq ft.
What is the estimated monthly payment?
Estimated principal & interest on 5 Gemstar Lane runs about $13,147/month, based on 20% down on the $2,600,000 list price and a 30-year fixed at 6.5%. Property taxes, insurance, and the $188/mo HOA are additional — use the mortgage calculator on this page to model your own rate and down payment.
Has the price been reduced?
Yes — 5 Gemstar Lane was originally listed at $2,750,000 and has been reduced to $2,600,000, a $150,000 (5.5%) price cut.
How long has 5 Gemstar Lane been on the market?
5 Gemstar Lane has been on the market 61 days as of 2026-05-19.
What are recent comparable sales near 5 Gemstar Lane?
Comparable nearby properties include 4062 Heron Fairway Drive ($1,722,500, 3 bd / 3,501 sq ft). For a full closed-comp set within 0.5 miles from the last 90 days, call (702) 637-1759.
Is this a gated community?
5 Gemstar Lane is not flagged as being inside a gated community in the listing data. Call (702) 637-1759 and we'll confirm the access details.
Is 5 Gemstar Lane in a flood zone?
Most of the Las Vegas valley sits in FEMA Zone X (low-risk), and we do not show a high-risk flood designation on file for 5 Gemstar Lane. We pull the official FEMA flood map for this exact address before you write an offer — call (702) 637-1759 for the current determination.
What appliances and features are included?
The full appliance and inclusions list for 5 Gemstar Lane is confirmed during the offer and inspection phase — call (702) 637-1759 for current details.
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Subdivision: Summerlin Village 18 Ridges Parcel M N O Phase 2 · MLS #2765617 · Las Vegas, NV 89135 · Updated 2026-05-19
Listing provided courtesy of Las Vegas Sotheby's Int'l.
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Las Vegas Association of REALTORS® (GLVAR). Listings are courtesy of various agents and brokerages participating in the program. All listing data is updated by Repliers and may not reflect all real estate activity in the market.
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