Four Seasons Condo Towers in Henderson Topped Out With $950 Million in Sales and 85 Percent Sold

by Ryan Rose

What Happened

The developers of Four Seasons Private Residences Las Vegas announced that both the North Tower and the South Tower have topped out. "Topped out" is a building term. It means the structure has reached its highest point. Photo captions from the developer date the topping out to July 30, 2026. The sales update came in mid-October.

Here are the key numbers. There are 171 homes in total. Buyers have signed contracts on 148 of them. That leaves 23. Total sales have reached $950 million. Prices for the homes still available start at $5.15 million. The development team says it expects to sell out before construction is finished. The project also landed $781 million in construction financing late last year, according to the Review-Journal.

Work is moving to the next stage. Crews are installing glass on both towers so the buildings become weathertight. Once a building is sealed from wind and weather, interior work can move forward. Completion is now expected in the fourth quarter of 2027.

The development team is a group of companies. Azure Resorts and Hotels is the developer, working with Luxus Developments and Two Roads Development. Suffolk is the general contractor. The architect is Wimberly Allison Tong and Goo, better known as WATG. Furniture is by Wimberly Interiors, working with RH Contract.

Jim Reilly, president of Azure Resorts and Hotels, called topping out the two towers "a significant milestone as the community takes shape." Craig Eddins, executive vice president of Four Seasons Private Residences Las Vegas, said the project "introduces a first-of-its-kind residential offering in Henderson."

It is important to know what this is not. It is not a hotel. There are no hotel rooms here. It is a place where people will own homes and live, with Four Seasons running the services.

Construction cranes at the Four Seasons Private Residences site in MacDonald Highlands, Henderson, in September 2025

Why It Matters to Las Vegas Residents

Most people reading this are not shopping for a $5 million condo. So why should a Henderson family care? There are a few real reasons.

First, it shows that the Las Vegas Valley does not have just one housing market. It has many. This same week, other local news showed a slower picture for regular homes, with more sellers than buyers and some deals falling apart. Yet at the very top of the market, buyers committed $950 million to homes that are still being built. Those buyers are often paying with cash or have deep savings. They are less tied to mortgage rates than a family buying a $450,000 house. When you read a headline about "the Vegas market," always ask: which part of it?

Second, it is a big statement about Henderson. For a long time, the most famous Las Vegas luxury condos were on or near the Strip. This project puts a branded high-rise in a Henderson neighborhood, away from the casinos. The site is about 15 minutes from the Strip and about 10 miles from Harry Reid International Airport. That tells you how buyers with many choices now see Henderson. They see it as a place to live full time, not just a suburb.

Third, it can help support value in nearby neighborhoods. When a well-known brand builds in an area and the homes sell, it adds to the reputation of the whole area. MacDonald Highlands already has custom homes, golf, and views. A Four Seasons residence on the same hill adds another reason people know the name. That does not mean every home nearby goes up in price. Value still depends on the house, the street, and the condition. But it does help the story buyers tell themselves about where they want to live.

Fourth, there is the construction itself. A project this size means a long run of work for crews, contractors, and suppliers. When the homes are done, there will be ongoing jobs too, from the 24-hour concierge and security team to the restaurant and spa. The developers have not released a jobs number, so we will not guess at one. But a project with 90,000 square feet of amenities will need people to run it.

And finally, traffic and views. If you drive near MacDonald Highlands or live on that side of Henderson, the towers are changing the skyline. They are tall buildings on a slope, and they can be seen from a distance. Some neighbors like that. Some do not. Either way, it is a big change for that part of town.

Background and History

The project has been in the works for years. Sales launched in May 2023, according to WATG, the architect. In September 2025, FOX5 reported that about 70 percent of the homes were sold, about 120 of the 171. At that time, crews had just poured the first part of the foundation. It took 120 concrete trucks. Eddins told FOX5 the team had done "an extensive amount of work pretty quietly over the last three years." Two big pours for the main foundation were planned for early November 2025.

WATG's project page later listed more than $850 million in sales and about 75 percent sold. Now the number stands at $950 million and more than 85 percent. So the sales kept climbing as the towers went up. That is common with luxury projects. Many buyers want to see real progress before they sign, and a tower that has reached full height is hard to argue with.

The site is 12 acres of steep desert land. WATG split the homes into two towers that step down the slope. There is a 70-foot difference in height between where the two buildings sit. Every home was designed to face the Las Vegas Strip and the McCullough Range. The materials lean into the desert, with warm stone, travertine, earth tones, and cooling pavers outside.

The timeline has shifted a bit over time. FOX5 reported in 2025 that move-ins were expected in summer 2027. WATG's page lists an opening in 2028. The newest update from the developers says the fourth quarter of 2027. Big projects often move their dates, so the latest word from the team is the best one to go by.

WATG architectural rendering of Four Seasons Private Residences Las Vegas with views toward the Las Vegas Strip

What Happens Next

The next big step is finishing the outside of both towers. Glass installation is underway now. Once the buildings are sealed, crews can focus on the inside. That means walls, kitchens, floors, and all the finish work that turns a concrete frame into a home. This phase usually takes a long time on a high-rise, which is why completion is still about a year away.

On the sales side, 23 homes remain. The team expects to sell all of them before the project is done. Watch for updates as that number shrinks. A full sellout before completion would be a strong sign for luxury demand in Henderson.

Here is what the finished homes will look like, based on what the developers have shared. Floor plans range from two to five bedrooms. Interiors run from 2,300 to 8,400 square feet. Some homes have up to 3,500 square feet of outdoor space. There are semi-private elevators and private garages. Penthouses, junior penthouses, and some garden homes will have their own plunge pools.

The shared spaces total 90,000 square feet. The list includes four pools with private cabanas, a Four Seasons fitness and wellness center, pickleball courts, spa treatment rooms, a golf simulator, and a screening room. There will be lounges for kids and teens, with programs run by Kids for All Seasons. Wolfgang Puck Fine Dining Group is the culinary partner and will run a signature restaurant in the North Tower. A Director of Residences will oversee 24-hour concierge, security, and residential services.

Things to watch over the next year: the final sales number, any change to the fourth quarter 2027 date, and how this project affects other high-rise plans around the valley. Last week we covered a different high-rise condo plan in Summerlin. If Four Seasons sells out, more developers may look at luxury towers off the Strip.

WATG design rendering of the amenity areas planned at Four Seasons Private Residences Las Vegas in Henderson

How Branded Residences Work

Some readers ask a fair question. What does it mean to buy a "Four Seasons" home if it is not a hotel? This kind of project is called a branded residence. You buy and own your home, like any condo. The brand, in this case Four Seasons, provides the services and the standards. Here, that means the Director of Residences, the 24-hour concierge, security, and residential services the developers have described.

For buyers at this level, that service is a big part of the appeal. Many of them own more than one home. They may split time between Henderson and somewhere else. A building with staff, security, and a known brand makes it easier to lock the door and leave for weeks. It also means someone is watching over the home while they are gone.

That is a very different setup from a typical Henderson HOA. In most neighborhoods, the HOA handles common areas and rules, and owners handle almost everything else. In a branded residence, much more is handled for you. That level of service usually comes with higher monthly costs. The developers have not shared HOA or service fee amounts in the reports we reviewed, so we will not guess at them here. If you are a serious buyer, that is one of the first questions to ask.

It also helps explain the price. At $5.15 million and up, buyers are not just paying for square feet. They are paying for the view of the Strip and the McCullough Range, the amenities, the restaurant, and the name on the door. Comparing these homes to a regular Henderson condo on a price per square foot basis does not tell you much. They are a different product for a different buyer.

The Big Picture for Henderson

This is one of the largest projects Henderson has seen. FOX5 called it a billion-dollar project back in 2025. Now the sales number alone is close to that. For a city that many people still think of as a quiet suburb, that is a big change in how the outside world sees it.

Henderson has grown in many directions at once. There are new jobs, new parks, and new neighborhoods across the city. Stories like this one sit at the very top of that growth. They do not tell you everything about the city, but they do show that buyers with a lot of options keep choosing Henderson. For anyone who already lives here, that is a good thing to know.

Ryan's Take

I think this story is a good reminder that the luxury market and the everyday market are two different worlds right now. A lot of families in Henderson and Summerlin are feeling the slowdown. Homes are sitting longer. Buyers are asking for credits. Rates are still a big deal for most people. Then you look up at the MacDonald Highlands hillside and see nearly a billion dollars in contracts. Both things are true at the same time. If you are a seller with a typical home, do not price it based on what you hear about the top of the market. Price it based on the homes like yours that sold near you.

For homeowners in and around MacDonald Highlands, I see this as a quiet positive. A major brand chose your part of Henderson and the buyers showed up. That helps the area's reputation over the long run. It will not make up for a home that needs work or is priced too high. But it does add to the reasons people pick that side of town. And for anyone who has said "Henderson is just a suburb," this is a pretty clear answer.

WATG rendering of the stepped towers at Four Seasons Private Residences in MacDonald Highlands, Henderson

What You Can Do

If you are just curious, you can see the towers from many spots in Henderson. Driving near the MacDonald Highlands area is the easiest way to watch the glass go up over the next few months. The developers run a Discovery Studio for people interested in buying. Their published contact is (702) 630-6000.

If you own a home in Henderson and want to know how the market looks for your street, get a real number, not a headline. Ask for recent sales of homes similar to yours, in your neighborhood, from the last few months. Luxury news like this is fun to read, but your home's value comes from your own comps.

If you are thinking about buying in Henderson, look at the full range. The city has everything from entry-level townhomes to custom estates. You do not need $5 million to live in a great part of Henderson. Areas like Green Valley, Inspirada, and Cadence all offer different prices and lifestyles. Take time to tour a few before you decide.

Have questions about how this affects your home or neighborhood? Reach out to Ryan Rose or text/call 702-747-5921 anytime.

Ryan Rose | Real Broker, LLC | 702-747-5921 | ryan@rosehomeslv.com | rosehomeslv.com