
Henderson, NV 89011
This Single-Story Lake Las Vegas Residence is a High-Potential Investment Opportunity, listed at $790,000—positioned well below the $877,884 Fair Market Value by 10%. This valuation gap provides $87,884 in Instant Equity. Boasting a Condition Rating of 3, the home features a detached Casita, unobstructed mountain views, and significant 2025 HVAC upgrades. With the $25,000 Sports Club fee included, this property balances resort-style luxury with immediate financial upside. It is an exceptional acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting a premium asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 Casa Palermo Circle Subject | $790,000* List Price | 3 | 4 | 2,298 | $382 | - |
A 8 Viola Carino Court Sold | $871,878 | 4 | 3 | 2,501 | $349 | 0.6 mi |
B 8 VIOLA CARINO Court Sold | $871,878 | 4 | 3 | 2,501 | $349 | 0.6 mi |
C 18 VIA TIBERINA Sold | $725,000 List Price | 3 | 3 | 2,946 | 0.5 mi | |
D 7 CONTRADA FIORE Drive Sold | $820,000 | 3 | 3 | 2,317 | $354 | 0.5 mi |
E 1111 Casa Palermo Circle Active | $699,999 List Price | 3 | 4 | 2,389 | $293 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2005-built home is in move-in ready condition and has been exceptionally well-maintained with significant recent capital improvements. Key upgrades include three new HVAC systems installed in 2025, new windows and doors, and updated LED lighting. While the kitchen features high-quality wood cabinetry and granite countertops consistent with its original era, the appliances have been partially updated (dishwasher and cooktop). The property shows minimal wear and tear, featuring a mix of hardwood and tile flooring, a private casita, and a well-equipped outdoor living space.
Situated in a gated Lake Las Vegas community, the home features a north-facing patio with unobstructed views of the greenbelt and mountains, plus direct access to scenic walking paths and the Sports Club.
The property boasts extensive recent upgrades, including three new HVAC systems installed in 2025, new windows and doors, and the inclusion of a $25,000 Sports Club initiation fee.
The single-story floor plan includes a private detached Casita with a full bath and a separate den, providing ideal space for guests, a home office, or multi-generational living.
The assigned middle and high schools carry relatively low ratings (ranging from 2 to 4), which may be a drawback for families prioritizing public education quality.
While the location offers resort-style living, it is approximately 9 to 10 miles away from the nearest high schools and major commercial hubs, necessitating longer daily commutes.
Incredible Location at 1123 Casa Palermo Circle, Henderson, NV. Casa Villa Palermo, a gated community at Lake Las Vegas, is located on an expansive green belt steps away from the Lake Las Vegas Sports Club and miles of scenic walking paths through the property's rear gate. The Club initiation fee of $25k is included. This immaculate single-story home includes a private detached Casita with full bath, a master suite, third bedroom and den with 3.5 baths total. A standout feature is the patio having a north facing, unobstructed view of the greenbelt, clubhouse and mountains. The patio includes an outdoor kitchen/bar and heated/jetted spa. A golf cart parking pad is located in the side yard with access to the street. Upgrades include three complete HVAC systems (2025), new windows and doors, garage door rebuild, dishwasher, water heater, water softener, LED pancake ceiling lights, cooktop and low-voltage patio/pool lighting.
No exterior & parking available.
Grades PK-5 • 3.3 mi
Grades PK-5 • 7.3 mi
Grades PK-5 • 9.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 2,298 | 2,084 | 59% |
| Lot Size | 8,276 | 6,098 | 80% |
| Price | $790.0K | $0 | 91% |
| Price per sq ft | $344 | $0 | 92% |
| Built year | 2005 | 2010 | 35% |
| HOA | $153 | $29 | 77% |
| Days on market | 56 | 2523 | 1% |
Feb 26, 2026
$790,000
Initial Listing