Henderson, Nevada-based single-family luxury home builder Christopher Homes has completed its first foray into rentals with 50 townhomes in Las Vegas, developed through its new Seneca build-to-rent division.
The Seneca at Southern Highlands has been leasing since February, according to the property website, and is 60% leased as of the end of construction, according to a news release shared with Multifamily Dive. The 10-acre gated property is located within 15 minutes of the Las Vegas Strip, inside the Southern Highlands master-planned community.
The property, designed by Irvine, California-based architect KTGY, aims to meet a demand for luxury-level rental homes from an influx of new Nevada residents, according to Seneca. Almost 370,000 people relocated to the state between 2020 and 2023 — 43% of them from California, according to the Las Vegas Review-Journal.
California millennials make up the largest share of this influx, bringing with them a preference for flexible living arrangements and high-quality amenities, according to the news release. "The American dream is evolving with people now looking to live in a home without the commitment of buying one," said Michael Stuhmer, co-founder and president of Seneca, in the release.
All of the units range from two to three stories tall and 2,200 to 2,740 square feet in size, with three to four bedrooms and three full bathrooms. The minimalist-style houses include maintenance-free backyards, terraces, high-end energy-efficient appliances, fireplaces and smart home technology. Select homes are fully furnished.
The property’s pool and lounge area is carved into the side of a mountain, and offers panoramic views of the Las Vegas Valley, the release said. Other amenities include a sauna, a barbecue/dining area and fire pit, a dog park and a community garden overseen by a dedicated horticulturist. Residents can also make use of the property’s concierge program for move-in services, recommendations for home maintenance providers, home cleaning, dry cleaning, car washes and pet services.
Energy for Seneca at the Southern Highlands is provided exclusively by Tesla solar panels on the buildings’ rooftops, which allow the property to operate at near net-zero carbon emissions, according to Seneca.
A second Seneca community is coming soon in Henderson, according to the developer’s website.