"Over the past several years the city has received few allotment requests for new residential construction — only 37 requests in the past three years, keeping us well-below the 120 permitted annually by the controlled growth ordinance." That is what Michael Mays, then Boulder City's acting city manager, told the Boulder City Review in January 2025.
The ordinance dates from 1979. It caps new homes at 120 per construction year, and each construction year runs from July 1 to June 30. Over three years, the town used roughly a tenth of what the cap allowed. Most people who know one fact about Boulder City housing know the 120-home cap. For several years, though, the cap hasn't been the thing holding new homes back.
You can see the actual limit in a listing near Boulder Creek Golf Club. A single-story, 2,691-square-foot home at 1500 Honor Line St in Liberty Ridge's Windmarch Collection was priced at $885,000 on the builder's site when we checked it in early October 2026. It was labeled a quick move-in home, with an estimated move-in date of July 2027. A home sold as "quick" that is nine months away tells you how slowly building permits come through in this town.
The Limits That Apply Before the Cap
A Boulder City home has to clear several steps before the 120-home ceiling even comes into play. The Boulder City Review described the order in its January 2025 coverage:
- Land. The town has very little undeveloped private land. Beazer's newest subdivision sits on a parcel another developer bought first and later sold to Beazer.
- A public vote for city land. If a city land sale involves more than one acre, a simple majority of Boulder City voters has to approve it.
- Zoning and scoring. The planning commission handles zoning. The Allotment Committee then scores each proposal in nine categories, from design to open space and walking trails. The City Council makes the actual allotment decision.
- A per-project limit with an expiration date. No developer can take more than 60 allotments in a construction year, and no single development can get more than 30. If building hasn't started within one calendar year, the allotment lapses.
The fourth rule is the one buyers run into. A builder can hold land, approvals and a finished site plan and still bring only 30 homes a year to market at any one development. If those homes don't sell fast enough to justify pulling permits, the allotments expire. The 120 figure sets the town's total. Construction speed is set at the level of each project, and that speed depends on how fast homes sell.
How Tract 350 Became Liberty Ridge
Liberty Ridge, Boulder City's largest new-home project in years, shows each of these steps in order.
| When | What happened |
|---|---|
| About 15 years before 2024 | Voters approved selling 45 acres around Boulder Creek Golf Course |
| May 2024 | City Council unanimously approved the final sale of Tract 350, planned for about 120 homes, with most proceeds going toward a new municipal pool |
| End of 2024 | Construction had not yet started |
| October 2025 | Council accepted the tentative map for the project, now called Liberty Ridge: 122 homes by Toll Brothers, planned in three phases |
| Late October 2025 | The Boulder City Review reported that Council approved 60 allotments, 30 for each of the construction years ending June 30, 2025, and June 30, 2026 |
The land was approved by voters long before the first allotment, so the gap between "approved" and "built" here is measured in decades. Boulder City still owned the land, so the public vote came first. Once that cleared, the 30-a-year limit set the pace.
Some residents spoke against the October 2025 allotments. They were concerned that Toll Brothers would use its Storybook brand, a Las Vegas builder Toll acquired in 2011 that also built the neighborhood next door, to get around the per-developer limit. According to the Review, documents from both the city and Toll Brothers show that all allotments go to Toll Brothers alone, capped at 30 per year. Andrea Meck, a Toll Brothers spokesperson, told the paper:
"Since Toll Brothers acquired StoryBook Homes, they are considered one developer of a single development. This development will be in compliance with the city's growth control ordinance, with plans to apply for no more than 30 permits total in a given construction year."
Mays set out a theoretical schedule: 30 allotments in each construction year ending 2025 through 2028, then two more in 2029 to reach 122. He also said it probably won't go that way. "Toll Brothers is very likely to lose allotments each construction year as construction is based on home sales," he told the Review, adding that if sales slow, the build-out could run into the 2029–30 construction year.
So the July 2027 date on a "quick move-in" home is just the ordinance working as written. Permits follow sales, sales are limited by allotments, and allotments that go unused expire.
Heritage Peak Followed the Same Pattern on Private Land
Beazer's Heritage Peak shows how the rules play out when the land is privately owned. The 15-home subdivision sits at the south end of Arizona Street, between Avenue M and Northridge. In January 2025 the Allotment Committee gave it an 89% score, and the City Council approved it on its consent agenda on January 28, 2025.
Since the land was private, no public vote was needed. With only 15 homes, the 30-a-year limit never came into play either. The tight part was the land, which had already changed hands once between developers.
What happened to prices on this project matters for anyone comparing towns. When the Review covered it in January 2025, Beazer was projecting 2,500 to nearly 3,200 square feet at $700,000 to $800,000. The local real estate professionals the paper spoke with expected lot premiums and design upgrades to add $125,000 or more, which would put the homes close to $1 million. When we checked Beazer's site on October 4, 2026, a Somerset plan at 513 Northridge Drive was marked available now at $899,990, with a third garage bay and solar included.
What Gets Through Comes in at One Price Tier
Here is how Boulder City's new-construction prices compared with the rest of the valley's resale market in early fall 2026.
| Benchmark | Price | Period |
|---|---|---|
| Liberty Ridge quick move-in homes, five listed | $880,000 to $1.12 million | Builder site, checked early October 2026 |
| Heritage Peak, 513 Northridge Drive | $899,990 | Builder site, checked October 4, 2026 |
| Southern Nevada existing single-family median | $480,000 | July 2026 |
| Southern Nevada existing single-family median | $475,000 | August 2026 |
The August 2026 Las Vegas Realtors report counted 1,803 single-family resales across Southern Nevada, with 7,590 single-family homes listed without offers at month's end. Across all property types, the market had just over 4.5 months of supply, up from nearly four months in July. In August, 74.8% of existing single-family homes sold within 60 days, down from 80% in July. The valley as a whole is slowing down a bit.
Those are valley-wide numbers. We couldn't find a current Boulder City-only resale median from a source we'd cite here, so read the regional figure as a benchmark, not as a price for this town. Still, the comparison holds. The new homes listed at Boulder City's two active subdivisions start around $880,000, close to twice the August 2026 regional resale median.
The homes that do get through are large. Liberty Ridge's plans run from 2,690 to over 3,600 square feet, with available lofts and multigenerational suites, garages for up to four vehicles and optional boat and RV storage. Heritage Peak's plans were projected at 2,500 to nearly 3,200 square feet. For a buyer, this means new construction in Boulder City right now is mostly a near-$900,000 option. Below that price, nearly all the choices are existing homes.
The November Ballot Uses the Same Rule
Boulder City's charter applies the same voter control to land well outside the housing market. The city bought the 100,000-acre Eldorado Valley Transfer Area in 1995, and the charter strictly limits development there without voter approval. More than 86,000 of those acres are under a multi-species habitat conservation easement.
Question 1 on the November 2026 ballot asks whether data centers should be an approved use in the parts of that land outside the easement. If voters approve, the City Council could lease up to 14,000 more acres for data centers, and each proposal would still go through the city's standard review. Separately, Townsite Solar 2 LLC withdrew its proposal for a data center on a city-owned site of about 90 acres in July 2026. A federal administrative court halted its related project on adjacent federal land in September. Question 1 doesn't involve housing. It is one more case where Boulder City voters, not the council or a developer, decide what happens on city land.
Quick Answers
Does the 120-home cap mean Boulder City is sold out of new homes each year? No. The city reported only 37 allotment requests in the three years before January 2025. The cap has had room. The tighter limits are scarce land, voter approval for city land sales over one acre, and the 30-per-year limit on any single development.
Why would a "quick move-in" home have a 2027 move-in date? At Liberty Ridge, allotments are capped at 30 a year and expire if permits aren't pulled within a year, so building follows sales. When we checked the builder's site in early October 2026, homes listed as quick move-in carried estimated dates in January and July 2027.
Will Liberty Ridge add a lot of homes at once? No. It's approved for 122 homes in total. The city's theoretical schedule runs through the 2029 construction year, and Mays said slower sales could push it into 2029–30.
Is there a current Boulder City median sale price? We didn't find a Boulder City-only figure for July through September 2026 from a source we'd cite. The closest current benchmark is the Southern Nevada single-family median of $475,000 for August 2026.
If you're deciding between a Liberty Ridge or Heritage Peak home and an existing home elsewhere in Boulder City, The Hellewell Home Group can pull recent sales near the homes you're considering, so you know what the difference in price buys. If you already own in Boulder City, start with our free home valuation to see where your home sits against the roughly $880,000-and-up new construction now on the market.
This article is general information, not legal, tax or financial advice. Consult a qualified professional about your situation.
