Life at The Summit Club: Why Las Vegas’s Most Exclusive Community Is in a Class of Its Own
The Summit Club in Summerlin is Las Vegas's most exclusive private community: a 550-acre enclave wrapped around a Tom Fazio championship golf course with a $90 million clubhouse, round-the-clock security, and resort-caliber amenities. Homes range from $6 million condo units to $35 million custom estates, with plenty of options in between. For California buyers considering relocation, Nevada's zero state income tax combined with The Summit's unmatched privacy and lifestyle infrastructure makes the decision straightforward. Zach WalkerLieb, one of the Las Vegas Valley's top luxury real estate agents, offers insider perspective on what life at The Summit actually looks like.
National home equity is falling, but Las Vegas bucks the trend. While U.S. household real estate values dropped $361 billion in Q3 2025 and equity-rich homes declined nationwide, Vegas homeowners maintain strong positions with just 0.5% distressed sales.
Our market's resilience stems from locked-in low mortgage rates (averaging 4%), economic diversification, zero state income tax, and sustainable price growth. Unlike Sun Belt markets experiencing sharp corrections, Las Vegas prices are down only 2% from peaks—a healthy normalization, not a crisis. Local homeowners should feel confident despite concerning national headlines.