$12,500,00022 days on market
5 bedrooms6 bathrooms6,633 square feet
705 Dragon Peak Drive, Henderson 89012
Las Vegas Sotheby's Int'l
Macdonald Highlands Planning Area 7-Phase 2BIDX MLS 2816903
$12,245,000Price reduced
Reduced from $12,495,000
531 Cityview Ridge DriveHenderson, NV 89012
- 5 beds
- 9 baths
- 9,012 sq ft
- 0.51 acres lot
- Built 2024
Listed by Brian Edwards, The Highlands RE Group LLC, 917-280-2052
About this home
Elevated modern luxury in the heart of MacDonald Highlands. Designed by renowned architect Richard Luke and completed in 2024, this exceptional custom estate is offered furnished and includes a DragonRidge Country Club membership, providing immediate access to one of Southern Nevada’s premier private club lifestyles. Spanning approximately 9,012 square feet, the residence features 5 en-suite bedrooms, 9 baths, a private elevator, and panoramic views of the Las Vegas Strip, mountains, golf course, and surrounding valley.
Read more
The open-concept floor plan seamlessly blends indoor and outdoor living through expansive electric pocket sliding doors, soaring ceilings, and walls of glass. Designed for both everyday living and grand-scale entertaining, the home features a chef’s kitchen with premium Wolf appliances, prep kitchen, temperature-controlled wine wall, private office, fitness room, movie theater, golf simulator, and multiple entertainment spaces. The luxurious primary retreat offers a spa-inspired bath, a huge custom closet with washer/dryer, and breathtaking views. The resort-style backyard showcases a large pool and spa, putting green, outdoor kitchen, multiple lounge areas, sunken firepit, and spectacular city-light views. Don't forget to checkout the huge rooftop balcony overlooking the Vegas lights. Smart-home technology/Control 4, a 4-car garage with golf cart space, and exceptional designer finishes complete this one-of-a-kind residence. Experience turnkey modern desert luxury and the ultimate country club lifestyle within one of Southern Nevada’s most prestigious guard-gated communities. Furnished, country club initiation fee/membership included, and move-in ready!!
How does this home compare?
At $1,359 a square foot, this home is 32% above the Macdonald Highlands median of $1,031. It is larger than 83% of the 79 homes for sale there.
- Priced higher than84%
- Larger than83%
- Listed longer than67%
Compared with the 79 homes for sale in Macdonald Highlands today, from the MLS listings on this site.
What has the price done?
Listed 125 days ago at $12,495,000. The price has come down once, $250,000 in all (2%).
- Listed$12,495,000
- Price cut $250,000$12,245,000
Facts and features
The home
- Type
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 9
- Living area
- 9,012 sq ft
- Stories
- 2
- Year built
- 2024
- Fireplace
- Yes
- Solar power
- Yes
Inside
- Heating
- Gas, Multiple Heating Units
- Cooling
- Central Air, Electric, Two Units
- Flooring
- Carpet, Porcelain Tile, Tile
- Appliances
- Built In Gas Oven, Double Oven, Dryer, Dishwasher, Disposal, Microwave, and more
- Laundry
- Gas Dryer Hookup, Laundry Closet, Main Level, and more
- Features
- Bathroomon Main Level, Bedroom On Main Level, Ceiling Fans, Full Bath On Main Level, Window Treatments, Elevator
The lot and outside
- Lot
- 0.51 acres
- Garage
- 4 spaces
- Private pool
- Yes
- Spa
- Yes
- View
- City, Golf Course, Strip View
- Pool
- Heated, In Ground, Private, Pool Spa Combo, and more
- Parking
- Attached, Exterior Access Door, Epoxy Flooring, Garage, and more
- Roof
- Flat, Stone
- Outside
- Built In Barbecue, Balcony, Barbecue, Courtyard, and more
- Facing
- East
Costs
- Property tax
- $76,916 a year
- HOA dues
- $330 a month
- HOA covers
- Security
The community
- Neighborhood
- Macdonald Highlands Planning Area 18 Phase 2 Amd
- Community
- Macdonald Highlands
- Gated
- Yes, guard gated
Schools
- Elementary
- Brown, Hannah Marie
- Middle
- Miller Bob
- High
- Foothill
As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD
Where it is
Where is 531 Cityview Ridge Drive?
In Macdonald Highlands Planning Area 18 Phase 2 Amd, part of Macdonald Highlands, Henderson. The prices on the map are 6 similar homes for sale nearby.
Cost of ownership
What would this home cost each month?
At the list price of $12,245,000 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.
Estimated monthly payment $68,537
- Principal and interest$61,917
- Property tax$6,123
- Home insurance$167
- HOA dues$330
Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from Dunlap Real Estate Team.
Market
What are homes selling for in Macdonald Highlands?
Homes in Macdonald Highlands sold for a median of $4,000,000 over the last 12 months, usually in about 76 days at 94.1 percent of the original list price. With 61 homes for sale, that is 10.2 months of supply. Supply is high, which gives buyers room to negotiate.
- Median sold price
- $4,000,000
- Median days to sell
- 76
- Sale to original price
- 94.1%
- Months of supply
- 10.2
Median sold price by month
$0
$2M
$4M
$6M
$8M
$2.73M
| Month | Median sold price | Sales |
|---|---|---|
| Dec 2025 | $3,805,067 | 6 |
| Jan 2026 | $5,700,000 | 3 |
| Feb 2026 | $3,382,500 | 8 |
| Mar 2026 | $6,250,000 | 6 |
| Apr 2026 | $4,520,265 | 8 |
| May 2026 | $1,980,000 | 5 |
| Jun 2026 | $4,150,000 | 8 |
| Jul 2026 | $3,230,000 | 5 |
| Aug 2026 | $2,499,990 | 7 |
| Sep 2026 | $2,325,000 | 4 |
| Oct 2026 | $2,725,000 | 7 |
| Nov 2026 | – | 0 |
Closed sales in Macdonald Highlands, last 12 months, 75 sales. GLVAR data as of November 2, 2026.
Prices
How many Macdonald Highlands homes are for sale at each price?
Macdonald Highlands has 80 homes for sale. The most, 26, are priced between $5M and $10M.
Similar homes
More homes like this in Macdonald Highlands
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Lifestyles
What other kinds of homes are for sale in Macdonald Highlands?
Fine print
- Listing information from GLVAR IDX, refreshed November 2, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
- The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.