Waterfall Neighborhood Guide

Everything you need to know about living in North Las Vegas' premier gated community with resort-style amenities and exceptional value

Available Homes in Waterfall

Browse current listings in the neighborhood

1,285-1,991
Square Feet
$350K-$500K
Price Range
2005-2007
Year Built
$50-80/mo
HOA Fees

Welcome to Waterfall: A Premier North Las Vegas Community

Waterfall stands as one of the most desirable residential communities in North Las Vegas, Nevada, offering an exceptional combination of quality homes, resort-style amenities, and outstanding value. Established in 2005, this well-planned community has matured into a thriving neighborhood where families, professionals, and retirees enjoy a comfortable lifestyle with convenient access to everything the Las Vegas Valley has to offer.

Located in the 89085 ZIP code near the intersection of Ann Road and Aliante Parkway, Waterfall benefits from its position in one of North Las Vegas' most rapidly developing areas. The community provides easy access to the 215 Beltway, making commutes to employment centers throughout the valley convenient and manageable. Whether you work on the Las Vegas Strip, in Downtown Las Vegas, Henderson, or Summerlin, Waterfall's central location keeps you connected.

What truly sets Waterfall apart from other communities in its price range is the combination of gated security, resort-style amenities, and reasonable homeowners association fees. Residents enjoy access to facilities that rival those found in much more expensive communities, all while benefiting from some of the most affordable HOA dues in the area. This value proposition has made Waterfall a consistently popular choice for homebuyers seeking quality without compromise.

Community History and Development

The Waterfall community was developed during the mid-2000s housing boom, with most homes constructed between 2005 and 2007. The developers created a master-planned community designed to offer residents more than just houses—they envisioned a complete lifestyle package with amenities that would foster community connections and enhance daily life.

Over the nearly two decades since its establishment, Waterfall has proven the wisdom of this approach. The community has maintained its appeal and property values through changing market conditions, demonstrating the enduring demand for well-designed, amenity-rich neighborhoods at accessible price points. The landscaping has matured beautifully, common areas are impeccably maintained, and the sense of community that the developers hoped to create has become a reality.

Construction Quality and Home Features

Homes in Waterfall were built by reputable builders using construction methods and materials appropriate for the Southern Nevada climate. The desert environment presents unique challenges, including extreme heat, low humidity, and occasional high winds, and Waterfall homes were designed with these factors in mind. Features like tile roofing, stucco exteriors, and energy-efficient windows help homes withstand the elements while keeping utility costs manageable.

Interior features vary based on the specific floor plan and any updates made by previous owners, but typical Waterfall homes include open-concept living areas, modern kitchens with ample cabinet space, and private backyards suitable for outdoor living. Many homes have been updated over the years with features like granite countertops, stainless steel appliances, tile or luxury vinyl flooring, and modern fixtures.

Home Sizes and Floor Plans

Waterfall offers a variety of floor plans to accommodate different household sizes and lifestyle preferences. Homes range from approximately 1,285 square feet to 1,991 square feet, providing options for everyone from first-time buyers and young couples to growing families and empty nesters looking to downsize from larger properties.

Smaller homes in the community typically feature three bedrooms and two bathrooms, offering efficient use of space that works well for smaller households or those who prefer less maintenance. These homes often appeal to first-time buyers who appreciate the opportunity to enter homeownership in a quality community at an accessible price point.

Larger floor plans expand to four bedrooms and three bathrooms, providing the additional space that growing families need. These homes often include features like larger master suites, additional living areas, and more generous storage space. The extra bedroom can serve as a home office, guest room, or hobby space, adding flexibility to accommodate changing needs over time.

Typical Home Features

  • Two-car attached garage with direct home access
  • Open-concept living and dining areas
  • Kitchen with breakfast bar or eat-in space
  • Master suite with walk-in closet and private bathroom
  • Private backyard with covered patio
  • Central air conditioning and heating
  • Tile roofing and stucco exterior
  • Desert-friendly landscaping in front yard

Resort-Style Community Amenities

Enjoy exceptional amenities included with your low monthly HOA fees

Swimming Pool

Resort-style pool perfect for cooling off during hot Nevada summers

Spa & Hot Tub

Relaxing spa adjacent to the pool for year-round enjoyment

Fitness Center

Modern cardio and strength equipment for convenient workouts

Pickleball Courts

Multiple courts for America's fastest-growing sport

Walking Trails

Scenic paths throughout the community for exercise and relaxation

Social Spaces

Community areas for gatherings, events, and meeting neighbors

Gated Entry

Controlled access providing security and privacy for residents

Maintained Landscaping

Professional maintenance of all common areas and entrances

Living the Waterfall Lifestyle

Life in Waterfall extends beyond the physical features of homes and amenities—it encompasses a lifestyle characterized by community connection, convenience, and quality of life. Residents consistently cite the friendly atmosphere, well-maintained surroundings, and sense of belonging as key factors in their satisfaction with the community.

The resort-style amenities serve as natural gathering points where neighbors meet and friendships form. Whether it's families spending summer days at the pool, fitness enthusiasts working out at the gym, or pickleball players enjoying friendly competition, the amenities facilitate the social connections that transform a neighborhood into a true community.

Family-Friendly Environment

Waterfall has earned a reputation as an excellent community for families with children. The gated entry provides an additional layer of security that parents appreciate, while the various amenities offer activities for children of all ages. The walking trails provide safe spaces for kids to ride bikes or walk the family dog, and the pool and spa create opportunities for family recreation throughout the warmer months.

The community's location provides access to quality schools in the Clark County School District, including Triggs Elementary School, Cadwallader Middle School, and Canyon Springs High School. Families also have access to numerous charter and private school options throughout the Las Vegas Valley, providing educational choices to match different philosophies and needs.

Active Adult Appeal

While Waterfall is not an age-restricted community, it has become increasingly popular among active adults and retirees who appreciate the low-maintenance lifestyle and resort-style amenities. The single-story homes available in the community eliminate concerns about stairs, while the fitness center and walking trails support active, healthy lifestyles. The reasonable HOA fees and property prices also appeal to those on fixed incomes who want quality without excessive costs.

Homeowners Association and Community Management

The Waterfall Homeowners Association plays a crucial role in maintaining the community's appeal and protecting property values. The HOA is responsible for maintaining common areas, managing amenities, enforcing community standards, and handling the business affairs of the community. Monthly dues, which typically range from $50 to $80, fund these activities and represent excellent value given the amenities and services provided.

Community standards established by the HOA help ensure that Waterfall maintains its attractive appearance and desirable character. These standards address matters like exterior maintenance, landscaping, parking, and noise, creating a framework that protects all residents' investments and quality of life. The HOA's consistent enforcement of these standards has contributed to Waterfall's strong property values and continued appeal to buyers.

What HOA Fees Cover

  • Swimming pool and spa maintenance and operations
  • Fitness center equipment and maintenance
  • Pickleball court maintenance
  • Walking trail upkeep
  • Common area landscaping and irrigation
  • Gated entry maintenance and operations
  • Community management and administration
  • Insurance for common areas
  • Reserve fund contributions for future repairs

Location and Nearby Conveniences

Waterfall's central North Las Vegas location provides easy access to employment, shopping, dining, and entertainment

Nearby Schools

Triggs Elementary School
Cadwallader Middle School
Canyon Springs High School
Multiple charter options

Shopping & Dining

Aliante Casino & Hotel
Multiple grocery stores
Retail centers nearby
Diverse restaurant options

Commute Times

215 Beltway: 5 minutes
Las Vegas Strip: 15 minutes
Downtown: 20 minutes
Henderson: 25 minutes

Why Choose Waterfall Over Other Communities?

The Las Vegas Valley offers numerous residential communities, so what makes Waterfall stand out as a particularly attractive option? The answer lies in the combination of factors that together create exceptional value and quality of life.

Value Proposition

Waterfall offers amenities and features typically found in more expensive communities at price points accessible to a broader range of buyers. The resort-style pool and spa, fitness center, and pickleball courts would command significantly higher HOA fees in many comparable communities. Waterfall's efficient management and established infrastructure allow these amenities to be maintained at reasonable cost, passing the savings on to homeowners.

The homes themselves represent strong value, with quality construction, functional floor plans, and features that meet modern expectations. While some homes may benefit from cosmetic updates, the underlying quality of construction has stood the test of time, and the community's continued popularity demonstrates ongoing buyer demand.

Community Character

Beyond the tangible features, Waterfall has developed a community character that residents value. The neighborhood attracts people who appreciate well-maintained surroundings, respect for neighbors, and a family-friendly atmosphere. This self-selecting community of like-minded residents contributes to the pleasant living environment that makes Waterfall special.

Investment Potential

For those considering real estate as an investment, Waterfall offers compelling characteristics. The community has demonstrated resilience through various market conditions, maintaining property values and buyer interest. The combination of reasonable prices, strong amenities, and desirable location positions Waterfall well for continued appreciation as North Las Vegas continues to grow and develop.

The rental market in Waterfall also remains healthy, providing options for investors interested in income-producing properties. The community's appeal to families and professionals translates into consistent rental demand, while the HOA's maintenance of common areas helps protect the investment value of all properties in the community.

For First-Time Buyers

Accessible price points, quality construction, and resort amenities make Waterfall an ideal entry into homeownership without sacrificing lifestyle.

For Growing Families

Safe, gated community with family-friendly amenities, quality schools, and homes sized for growing households.

For Professionals

Convenient commute access, low-maintenance living, and amenities that support work-life balance.

For Active Adults

Single-story options, fitness amenities, social opportunities, and reasonable costs for those enjoying retirement.

Ready to Call Waterfall Home?

Contact Dr. Jan Duffy, your Waterfall neighborhood specialist, to explore available homes or discuss selling your property