11552 Observation Point Avenue, Las Vegas, NV 89138, Las Vegas, 89138 - 3 bed, 3 bath
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11552 Observation Point Avenue
Las Vegas, NV 89138
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,802Sq Ft
3,920Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$625,427
11% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is listed at $699,900, reflecting a premium price point relative to its $625,427 Fair Market Value. While the property commands a higher valuation, it offers an Excellent Condition Rating with high-end finishes like Taj Mahal countertops and chef-grade appliances. The fully paid off SID provides significant long-term savings, enhancing the value of this modern 2022 build. Located in the prestigious Summerlin community, this residence is a perfect fit for discerning professionals or luxury-focused owner-occupants seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$625,427
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11552 Observation Point Avenue Subject | $699,900* List Price | 3 | 3 | 1,802 | $347 | - |
A 11636 Desert Hollow Avenue Sold | $660,000 | 3 | 4 | 2,081 | $317 | 0.1 mi |
B 1782 Sparrow Song Court Sold | $645,000 | 3 | 3 | 1,592 | $405 | 0.4 mi |
C 1606 Rock Kestrel Street Sold | $575,000 | 4 | 3 | 2,068 | $278 | 0.5 mi |
D 11807 Pandion Avenue Sold | $750,000 | 4 | 3 | 2,315 | $324 | 0.4 mi |
E 1796 Passerine Street Sold | $519,950 | 3 | 3 | 1,440 | $361 | 0.4 mi |
F 11654 Gambels Quail Avenue Sold | $660,000 | 4 | 4 | 2,250 | $293 | 0.6 mi |
G 1467 Great Snipe Avenue Sold | $663,440 | 4 | 4 | 2,405 | $276 | 0.8 mi |
H 11604 Observation Point Avenue Active | $730,000 List Price | 3 | 3 | 1,802 | $405 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022 and recently renovated with high-end finishes, this property is in mint condition. It features a modern chef's kitchen with Taj Mahal countertops, premium stainless steel appliances, and designer lighting throughout, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Designer Renovations
The property features a complete top-to-bottom renovation with premium Taj Mahal countertops, custom cabinetry, and chef-grade appliances, delivering a custom luxury aesthetic in a modern 2022 build.
- Prime Summerlin Location
Located in the desirable Crested Canyon subdivision, the home offers unparalleled access to Red Rock Canyon, extensive trail systems, and the upscale shopping and dining of Downtown Summerlin.
- Financial Incentive
The Special Improvement District (SID) assessment is fully paid off, representing an approximate $7,000 value and reducing the ongoing carrying costs for the future homeowner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 3759.
- Compact Lot Size
The 3,920-square-foot lot is relatively small, which limits outdoor recreational space and may result in less privacy from neighboring properties.
- Premium Price Point
With a list price of nearly $700,000 for 1,802 square feet, the property commands a high price-per-square-foot that may exceed the budget of buyers prioritizing space over luxury finishes.
About 11552 Observation Point Avenue
Luxury isn't defined by square footage—it's defined by thoughtful design, exceptional craftsmanship, and timeless finishes. Welcome to 11552 Observation Point, a beautifully reimagined home in the heart of Summerlin that delivers the look, feel, and quality of a custom luxury residence in an efficient, perfectly scaled 1,800-square-foot floor plan. Completely renovated from top to bottom, every detail has been carefully curated, from the wide-plank flooring and designer lighting to the custom cabinetry, Taj Mahal countertops, chef's quality stainless steel appliances (60" Built in Refrigerator, 48" 8 Burner Range, undercounter ice maker, built in microwave, and concealed hood). The open-concept layout lives far larger than its footprint, offering an ideal balance of sophistication, comfort, and functionality. Outside your front door, experience the unmatched Summerlin lifestyle with miles of walking and biking trails, beautifully maintained parks, premier golf courses, Downtown Summerlin's shopping and dining, and Red Rock Canyon just minutes away. For buyers who appreciate luxury design but don't need 5,000 square feet to enjoy it, 11552 Observation Point is a rare opportunity to own a home that prioritizes quality over quantity. ***HOME HAS A FULLY PAID OFF SID - AN APPROX $7K VALUE** ALL STAGING FURNITURE IS BRAND NEW AND AVAILABLE FOR PURCHASE
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $100 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,802 | 1,961.945 |
| Lot Size | 3,920 | 6,098 |
| Price | $699.9K | $486.0K |
| Price per sq ft | $388 | $259 |
| Built year | 2022 | 2002 |
| HOA | $100 | $83 |
| Days on market | 25 | 62 |
Pricing History
Listed for Sale
Aug 15, 2026
$699,900
Initial Listing