KB Home is kicking off a massive new neighborhood at the far northern edge of the Las Vegas Valley, scraping and grading land for roughly 1,500 homes. The builder says it plans to roll out model homes this summer and open lots for sale in the fall as crews finish the dirt work and key infrastructure.
According to the Las Vegas Review-Journal, KB Home acquired more than 200 acres for about $91 million, based on property records, and Clark County aerial images show the site already heavily under construction at what the paper identifies as the Sandstone community. The Review-Journal reports this is set to be KB Home’s largest Southern Nevada development in a decade, with on-the-ground grading visible for months.
Where Sandstone Will Sit
The project is mapped out north of the CC-215 beltway around North 5th Street and Sandstone Ranch Parkway, in the same corridor that includes the Villages at Tule Springs master plan. City planning documents show multiple tentative maps and parcel applications from KB Home in this area, reflecting approvals for several phases that could roll into a single larger community, according to the City of North Las Vegas planning portal. Those filings indicate KB has been working through infrastructure, street layouts, and other groundwork before any vertical construction starts.
Builder Scale and Financing
KB Home is a national publicly traded builder with the balance sheet to carry and develop big master-planned parcels, and its operations stretch across hundreds of communities. The breadth of those operations is laid out in KB Home’s Form 10-K for the year ended Nov. 30, 2025, filed with SECDatabase, which highlights the company’s overall scale. That financial muscle helps explain why KB is proceeding with a large, multi-phase project even as some competitors slow or trim smaller starts. Local filings and company statements indicate the work will roll out in stages, with models and sales releases calibrated to market conditions.
Market Backdrop and Timing
New-home activity around Las Vegas has been subdued. Builders pulled about 9,700 permits and closed roughly 10,000 home sales in 2025, each figure down about 20 percent from 2024, according to Home Builders Research, as reported by the Las Vegas Review-Journal. The same reporting notes KB told local outlets it intends to start building model homes this summer and begin selling lots in the fall, a rollout that will effectively test how much demand is left in an affordability-constrained market.
Why KB Is Pushing North
KB Home’s Las Vegas division president, Jim McDade, has signaled that the company plans to keep pursuing master-planned opportunities as its older communities sell through and wind down. McDade outlined those local commitments in an interview with the Las Vegas Business Press. For KB, a large, phased project on the northern edge of town offers a way to control both the pace of building and the mix of homes it brings to market over time…