1 EXHIBIT 99.1 LETTER OF TRANSMITTAL THE RESORT AT SUMMERLIN, LIMITED PARTNERSHIP THE RESORT AT SUMMERLIN, INC. 1160 Town Center Drive, Suite 200 Las Vegas Nevada, 89124 Offer to Exchange its 13% Series B Exchange Senior Subordinated PIK Notes due 2007 ("New Notes"), which have not been registered under the Securities Act for any and all of its outstanding 13% Senior Subordinated PIK Notes due 2007 ("Old Notes"), pursuant to the Prospectus dated___________________, 1998. THIS EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON ____________________, 1998 OR SUCH LATER DATE AND TIME TO WHICH THE EXCHANGE OFFER MAY BE EXTENDED (THE "EXPIRATION DATE"). TENDERS MAY BE WITHDRAWN PRIOR TO THE EXPIRATION DATE. To: UNITED STATES TRUST COMPANY OF NEW YORK, Exchange Agent Facsimile Transmission: (212) 780-0592 Confirm by telephone to: (800)548-6565 By Mail: By Overnight Courier: By Hand: United States Trust Company United States Trust Company United States Trust Company of New York of New York of New York P.O. Box 844 770 Broadway-13th Floor 111 Broadway Cooper Station Corporate Trust Operations Lower Level New York, NY 10276-0844 Department New York, NY 10006 (registered or certified mail New York, NY 10003 Attn: Corporate Trust Services recommended) ---------- DELIVERY OF THIS LETTER OF TRANSMITTAL TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE OR TRANSMISSION OF INSTRUCTIONS VIA FACSIMILE OTHER THAN AS SET FORTH ABOVE DOES NOT CONSTITUTE A VALID DELIVERY. PLEASE READ THIS ENTIRE LETTER OF TRANSMITTAL, INCLUDING THE INSTRUCTIONS TO THIS LETTER, CAREFULLY BEFORE COMPLETING ANY BOX BELOW.