1021 Olive Mill Lane, Las Vegas, NV 89134, Las Vegas, 89134 - 3 bed, 3 bath
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Las Vegas, NV 89134
This Summerlin Entry-Level Detached Home is listed at $400,000, representing a stable and competitive entry point into the prestigious 89134 zip code. With a Condition Rating of 4, the property is functional yet features original 1999 finishes, offering a clear path for value-add cosmetic updates to drive future appreciation. The home boasts a private patio and access to gated community amenities, including an ADA-accessible pool. Proximity to top-rated schools like Palo Verde High ensures sustained rental demand and resale appeal. This is a strategic opportunity for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 Olive Mill Lane Subject | $400,000* List Price | 3 | 3 | 1,433 | $259 | - |
A 925 TORO CANYON Lane Sold | $450,000 | 3 | 3 | 1,649 | $273 | 0.1 mi |
B 925 Toro Canyon Lane Sold | $450,000 | 3 | 3 | 1,649 | $273 | 0.1 mi |
C 1124 Milpas Lane Active | $433,000 List Price | 3 | 3 | 1,649 | $263 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old property is functional and well-maintained but remains largely in its original state. The kitchen features dated oak cabinetry and laminate countertops, while the bathrooms and fixtures (like the brass ceiling fan) reflect the original build era. It fits the 'Fair' category as it is over 20 years old and requires cosmetic updates to meet modern standards.
Situated in the highly sought-after Summerlin area within a gated community, the property offers access to top-rated schools and premium local amenities, significantly boosting its long-term value.
Priced at $400,000, this home represents a rare and affordable entry point into the prestigious 89134 zip code for a detached single-family residence.
The gated Santa Barbara community provides excellent amenities including an ADA-accessible pool and spa, all while maintaining a very competitive monthly association fee of only $74.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With a lot size of only 2,614 square feet, the outdoor space is limited, which may be a drawback for buyers seeking a large private backyard or significant gardening area.
At 1,433 square feet for a three-bedroom home, the interior layout may feel tight for growing families or those accustomed to the larger floor plans typically found in the surrounding area.
Affordable Summerlin home located in gated community of Santa Barbara. This inviting home offers comfort, space, and convenience. The bright entry features high ceilings, leading into a cozy living area with a fireplace and charming stained glass detail. The spacious primary suite includes a walk-in closet and a private en suite bath with separate tub and shower. Upstairs, two additional bedrooms share a full bath. A two-car garage connects to the home near the laundry area, powder room, and kitchen for added functionality. The backyard features stamped concrete, low-maintenance desert landscaping with irrigation, and extra storage space on both sides. Community amenities include guest parking, an ADA-accessible pool and spa, and relaxing lounge areas, with easy access from two neighborhood entrances.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,433 | 1,653 | 31% |
| Lot Size | 2,614 | 7,405 | 0% |
| Price | $400.0K | $440.0K | 42% |
| Price per sq ft | $279 | $276 | 52% |
| Built year | 1999 | 1994 | 93% |
| HOA | $74 | $136 | 42% |
| Days on market | 41 | 646 | 0% |
May 6, 2026
$400,000
Initial Listing