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In MacDonald Highlands, the Four Seasons Towers Are Selling Out Before They're Built

The two towers rising above DragonRidge Country Club were supposed to open in early 2026. They didn't. The completion date has moved at least four times since the project broke ground, and the current estimate, reported by the Las Vegas Review-Journal earlier this month, is September 1, 2027. In that same reporting, 145 of the 171 residences in the Four Seasons Private Residences Las Vegas have already sold for a combined $887 million. For anyone who lives behind the MacDonald Highlands gates and watches those two towers climb the hillside every time they drive to the club, that gap between "almost sold out" and "not finished" is the part worth understanding.

It's also about to get more visible. According to that same recent reporting, crews expected both towers to be topped off by October 1. Roughly 400 workers are on site now, with the developer expecting that number to climb to 600. Glass installation on the exterior is set to begin within a couple of weeks. Eddins, the project's executive vice president, told the Las Vegas Review-Journal: "The construction is going well."

Six Reports, A Shifting Finish Line

Tracking press coverage of this project since its 2023 announcement shows a completion date that keeps sliding, even as the sales numbers keep climbing. Here's how the reported target has shifted over time:

When it was reported Completion target at that time
August 2023 Early 2026
May 2024 Late 2026
November 2024 Late 2026 (move-ins Q1 2027)
September 2025 Summer 2027
December 2025 Mid-2027
September 2026 September 1, 2027

That's roughly an 18-month drift from the original target. What's notable is the tone of the most recent coverage. Earlier updates described the schedule change as news. The September 2026 reporting frames it as simply "on track," which suggests the project has settled into a construction rhythm rather than continuing to slip.

Selling Out Doesn't Mean Finished

The usual read on a high-rise that keeps pushing its own opening date is that something's wrong. This one doesn't fit that pattern. Sales have climbed steadily against the same slipping calendar:

  • May 2024: 46 percent of the 171 units sold ($428 million)
  • November 2024: 57 percent sold ($542 million)
  • September 2025: 71 percent sold ($685 million)
  • September 2026: 85 percent sold ($887 million)

The completion date moved back by more than a year over that same window, and the sales pace never slowed. The sales figures show buyers have committed years ahead of move-in while construction continues. The project's most expensive unit listed this month sits at $35 million, and financing of nearly $700 million from J.P. Morgan, Sculptor Real Estate and Morning Calm Management is backing the build. For residents who assumed a delayed opening signals a struggling project, the sales math says otherwise here.

October Adds a New Address Inside the Gates

There's a second piece of news due to land inside the community this month. According to reporting from earlier this month, Four Seasons plans to formally announce a phase of single-family luxury homes built within the same development envelope as the towers, distinct from the condos themselves. The plan calls for two phases: 14 homes in the first, seven in the second, for 21 total. Pricing hasn't been finalized, but the developer has indicated it will track close to what the condo residences are already commanding. That figure lines up with an earlier December 2025 financing announcement that referenced 21 custom-built single-family homes as part of the same project, so the plan appears to have held steady even as the tower's own schedule moved.

For a MacDonald Highlands resident, this means the project isn't just adding vertical density on those 11 acres. It's adding a low-rise, single-family layer inside the same gated footprint, distinct from the existing custom lots that make up the rest of the community.

The Restaurant Attached to the Address

Once complete, the project's food and beverage program is being run by Wolfgang Puck Fine Dining Group, which has been named the exclusive operator for the restaurant, special events and pool offerings. The signature restaurant carries the name Noble Heights. For residents who already treat DragonRidge's clubhouse dining as a regular stop, this adds a second dining address inside the same gates, one that won't require club membership to access once it opens.

Construction financing of this scale, a sellout pace this consistent, and a second phase of single-family homes announced mid-build are not small signals for a community this size. MacDonald Highlands has absorbed plenty of custom-home construction over the years, but nothing at this footprint or this price point has gone up inside its gates before. Whatever the towers end up meaning for property values or club membership demand, the numbers behind them, the steady sales pace against a slipping calendar, are worth knowing before the scaffolding comes down.

If you live in MacDonald Highlands and you're curious how a project like this tends to affect resale values in a gated community once it's finished, Cordero Group can run a no-obligation valuation on your home so you have real numbers to work with, not guesses.

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