
Las Vegas, NV 89134
This High-Potential Investment Opportunity is listed at a List Price of $499,900, positioned slightly above the $477,613 Fair Market Value. While the property requires cosmetic updates due to its Condition Rating of 4, it offers a prime location in the gated Santa Barbara community of Summerlin North. Zoned for Top-Rated Schools like Palo Verde High, this home provides long-term stability. The layout features soaring 2-story ceilings and open-concept living, making it an ideal project for Value-Add Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1109 Storke Lane Subject | $499,900* List Price | 4 | 3 | 1,641 | $291 | - |
A 9412 Sierra Summit Avenue Sold | $574,110 | 3 | 3 | 2,271 | $253 | 1.0 mi |
B 1124 Milpas Lane Active | $433,000 List Price | 3 | 3 | 1,649 | $263 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (29 years old) with no evidence of recent renovations. The interior is dated, featuring original builder-grade bathroom fixtures and tile. Photos show significant wear and staining on the carpeting in the bedrooms and hallway, indicating a need for minor repairs and cosmetic updates.
Situated in the highly sought-after Summerlin North area, this property offers gated security and immediate proximity to Downtown Summerlin, Red Rock Canyon, and the 215 Beltway.
The home is zoned for top-rated schools, including Palo Verde High School and Ernest Becker Middle School, all maintaining consistent 7/10 ratings which supports long-term property value.
The interior features soaring two-story ceilings and oversized windows that maximize natural light, creating an airy and expansive feel that enhances the 1,641 square foot layout.
With four bedrooms squeezed into 1,641 square feet on a modest 3,049 square foot lot, the individual room sizes and outdoor yard space are relatively limited for a family home.
The requirement to pay both a sub-association fee and a master-planned HOA fee increases the monthly carrying costs compared to non-master-planned communities.
4BD/2.5BA two-story home in gated Santa Barbara community, Summerlin North. 1,641 sq ft w/ open living and dining, soaring 2-story ceilings, and tile floors throughout. The open-concept main level features a bright living and dining area. Natural light pours in through oversized windows, and a chandelier adds an elegant touch to the dining space.Spacious bedrooms, 2-car garage, desert landscaping, Spanish tile roof. Community pool, playground, jogging paths. Summerlin North master amenities include trails, tennis, parks, community centers and top-rated schools. Minutes to Downtown Summerlin, Red Rock Canyon, 215 Beltway. Sub-HOA $76/mo, Master HOA $70/mo. A must-see Las Vegas home in one of Nevada's most sought-after master-planned communities. Residents enjoy access to a private community pool, playground, jogging paths, and parks — all within the gated Santa Barbara HOA. As part of Summerlin North, you'll also have access to miles of trails, tennis courts, community centers, sports fields, and some of Las Vegas's top-rated schools. Minutes from Downtown Summerlin, Red Rock Canyon, and the 215 Beltway.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,641 | - |
| Lot Size | 3,049 | - |
| Price | $499.9K | $474.8K |
| Price per sq ft | $305 | $257 |
| Built year | 1997 | 0 |
| HOA | $77 | $0 |
| Days on market | 30 | 526 |
Jun 22, 2026
$499,900
Initial Listing
May 1, 1997
$126,500
Public Record