Howard Hughes Holdings has pushed a fresh batch of Summerlin land into builders’ hands, moving a string of parcels that are set to become new neighborhoods along the master plan’s western edge. The deals range from single-neighborhood sites to larger “superpad” contracts that helped turn last year’s Summerlin dirt into major cash for the developer.
Two recent transfers sent a 36.3-acre site to Richmond American Homes for about $55 million and a 28.3-acre parcel to Toll Brothers for roughly $51.4 million, both on the desert west of the 215 Beltway and Summerlin Parkway interchange, as reported by the Las Vegas Review‑Journal. Clark County and city records show Richmond American has sketched out an 89-lot subdivision, while Toll Brothers is lining up about 148 homes on its site. Those closings are part of a steady stream of acreage that Howard Hughes has been releasing to national builders.
According to Howard Hughes’ earnings release filed with the SEC, the company sold 621 residential acres companywide in 2025, including roughly 415 acres in Summerlin. That total included a 231-acre bulk sale that averaged about $434,000 per acre and seven superpad sales totaling 181 acres at roughly $1.7 million per acre. The mix of lower-priced bulk land and higher-priced superpads helps explain why the company’s master-planned communities segment generated record land-sale results last year, according to the filing, and highlights how much finished and nearly finished dirt builders can now move on.
Where The Parcels Sit And Who Is Building
The newest tracts cluster near the 215 Beltway and Summerlin Parkway interchange, an area that has already seen road and access upgrades to handle more growth. Summerlin covers roughly 22,500 acres and includes dozens of neighborhoods, parks, and retail centers, according to Summerlin. Builders who bought the latest parcels have already filed neighborhood layouts and grading permits in county records, which means site work could kick off sooner rather than later.
How The Sales Could Speed New Homes
At scale, these lot sales and earlier bulk deals are the engine that turns raw desert into streets, utilities, and finished front doors. In a related earlier transaction, Howard Hughes sold about 240 acres known as the “Back Bowl” for roughly $100.4 million, and Clark County records show Pulte had secured approval for a 231-acre, guard-gated project of more than 400 homes, illustrating how large land buys are already staging multi-hundred-home developments, as reported by the Las Vegas Review‑Journal. Those prior approvals, combined with the newest closings, give builders a chance to compress timelines for grading, utility hookups and actual home deliveries…