Real Estate Appraisals in the Centennial Hills area

Home Appraisal, Centennial Hills neighborhood

ABOUT CENTENNIAL HILLS...

Development in Centennial Hills began to take shape in the early 2000s, following a period when the area was largely rural and sparsely populated with scattered homes and ranches. The neighborhood’s name was chosen through a public vote, reflecting community input into its identity. Significant growth accelerated after 2005, spurred by the construction of the Centennial Centre shopping plaza and the opening of Centennial Hills Hospital in 2008. Today, it stands as one of the fastest-growing areas in the Las Vegas Valley, driven by ongoing residential and commercial expansion.

Geographic Information

Centennial Hills is a sprawling suburban neighborhood in the northwest corner of the Las Vegas Valley, within the city limits of Las Vegas, Nevada. Covering approximately 54 square miles, it is bordered by the Spring Mountains to the west and the Sheep Mountains to the east, with key access points via U.S. Route 95 and the 215 Beltway. Situated about 18 miles from the Las Vegas Strip and 16 miles from downtown, Centennial Hills offers a quieter, more spread-out environment compared to the city’s urban core, while remaining within a 20- to 30-minute drive of central Las Vegas attractions and amenities.

Property Types & Housing Inventory

Centennial Hills features a wide range of housing options, catering to various demographics and budgets. The neighborhood includes single-family homes, townhomes, condominiums, and some larger estates on multi-acre lots, particularly on its northern and western edges. Home sizes typically range from 1,500 to over 4,000 square feet, with many built after 2000, reflecting modern architectural trends and energy-efficient designs. Builders like Lennar, KB Home, D.R. Horton, and Richmond American Homes have been active in the area, contributing to master-planned communities such as Skye Canyon. The total number of residential units is difficult to pin down precisely due to ongoing development, but estimates suggest over 15,000 homes and apartments exist as of early 2025, with more under construction. As of early 2025, over 45,000 residents live in Centennial Hills, with population growth tied to its ongoing housing development.

Shopping & Commercial Areas

Centennial Hills has multiple shopping centers, restaurants, and retail spaces, including:

• Centennial Center – A major retail hub featuring big-box stores, grocery markets, and casual dining options.
• Centennial Gateway – A shopping plaza with various restaurants, fitness centers, and service-based businesses.
• Montecito Marketplace – A retail center with national retailers and smaller local businesses.

Parks, Recreation & Points of Interest

Centennial Hills is designed to offer ample green space, parks, and outdoor recreational areas, including:

• Centennial Hills Park – A 120-acre public park with sports fields, dog parks, walking trails, and an amphitheater for community events.
• Floyd Lamb Park at Tule Springs – A historic park with fishing ponds, hiking trails, and picnic areas, offering a glimpse into Nevada’s ranching history.
• Lone Mountain Regional Park – A large outdoor space with hiking trails, sports courts, and equestrian facilities.
• Skye Canyon Park – A newer recreational area with sports fields, playgrounds, and open-air event spaces.

Sub-Neighborhoods & Sections

Centennial Hills is composed of several planned communities and neighborhoods, including:

• Providence – A master-planned community featuring tree-lined streets, parks, and modern single-family homes.
• Skye Canyon – A newer development blending residential living with outdoor recreation amenities.
• Silverstone Ranch – Originally, a golf course community, the course is now closed. Home sales remain active despite the golf course closure. 
• Elkhorn Springs – One of the older residential sections, offering larger lots and more traditional suburban layouts.