
Las Vegas, NV 89141
This Value-Add Luxury Estate in guard-gated Royal Highlands is a high-potential Asset with a List Price of $999,000. While positioned above the $857,346 Fair Market Value, the property’s 5,266 square foot layout and Condition Rating of 4 offer significant room for forced appreciation through renovation. Featuring six bedrooms, a private pool and spa, and a rare basement ideal for a theater, the home is minutes from Top-Rated Schools like Evelyn Stuckey Elementary (9/10). This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants ready to modernize a premier Southern Highlands residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11197 Grants Landing Court Subject | $999,000* List Price | 6 | 4 | 5,266 | $163 | - |
A 11237 Campsie Fells Court Sold | $1,100,000 | 5 | 4 | 5,383 | $204 | 0.1 mi |
B 11056 Kilkerran Court Sold | $1,022,500 | 4 | 4 | 5,383 | $190 | 0.2 mi |
C 11056 Kilkerran Court Sold | $1,022,500 | 4 | 4 | 5,383 | $190 | 0.2 mi |
D 11005 INVERLOCHY Court Sold | $1,250,000 | 5 | 4 | 5,266 | $237 | 0.4 mi |
E 4439 Melrose Abbey Place Sold | $975,000 List Price | 5 | 4 | 5,440 | 0.4 mi | |
F 11005 Inverlochy Court Sold | $1,250,000 | 5 | 5 | 5,266 | $237 | 0.4 mi |
G 11054 Bandon Dunes Court Pending | $929,900 List Price | 5 | 4 | 5,440 | $171 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (19 years old), the property is explicitly marketed as a 'diamond in the rough' and sold 'as-is.' The kitchen features dated cabinetry and tile from the original construction, and the exterior pool area requires significant restoration. While the structure is functional, the home needs cosmetic updates and minor repairs to address its dated condition.
Elementary School: Evelyn Stuckey Elementary School (9/10).
Situated in the exclusive Royal Highlands at Southern Highlands, this property offers high-level security and proximity to top-rated schools, including multiple elementary schools with a 9/10 rating.
With over 5,200 square feet, six bedrooms, and a rare basement ideal for a home theater, the layout provides exceptional space for multi-generational living and high-end entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5266, other record living area = 4620.
The property is being sold in its current state, indicating that substantial repairs, modernizations, or cosmetic updates are required to restore the home to its full potential.
Prospective buyers must budget for significant renovation costs beyond the purchase price, particularly for the pool, spa, and large-scale interior living areas.
Please see the details below for a new "diamond in the rough" listing located in the guard-gated community of Royal Highlands in Southern Highlands. Sold as-is, this 5,266-square-foot property ?on a 10,000 square foot lot offers significant potential. The home features six bedrooms and five bathrooms, including a convenient guest suite on the first level. The spacious interior includes multiple living areas, a formal living room with a fireplace, and a family room with a large wet bar. The primary suite is well-appointed with two walk-in closets, a dual fireplace, and a spa-like ensuite bathroom. Additionally, the basement provides a versatile space ideal for a home theater. The exterior includes a pool and spa area ready to be transformed into a premier entertaining space. Located in the heart of Southern Highlands, the home is close to top-rated schools, parks, shopping, dining, and major transportation routes.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.6 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 97% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 5,266 | 2,320 | 92% |
| Lot Size | 10,890 | 5,227 | 85% |
| Price | $999.0K | $452.5K | 89% |
| Price per sq ft | $190 | $222 | 39% |
| Built year | 2005 | 2004 | 51% |
| HOA | $160 | $65 | 92% |
| Days on market | 3 | 574 | 0% |
Apr 19, 2026
$999,000
Initial Listing