
Henderson, NV 89012
This Custom Luxury Estate is a Prime Investment Opportunity, listed at $4,999,000—positioned well below the $5,249,679 Fair Market Value by 4%. This valuation gap offers $250,679 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the 12,538 square foot residence features unobstructed Strip views, a 3,000-bottle wine cellar, and a private theater. Located in prestigious MacDonald Highlands near top-rated schools like John Vanderburg Elementary, it balances elite lifestyle perks with immediate financial upside. This is an exceptional acquisition for Luxury Home Seekers or High-Net-Worth Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1703 Tangiers Drive Subject | $4,999,000* List Price | 8 | 11 | 12,538 | $419 | - |
A 1683 Tangiers Drive Active | $4,250,000 List Price | 6 | 8 | 8,497 | $500 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this luxury estate falls within the 10-20 year age bracket for a 'good' condition rating. The property is move-in ready and features high-end finishes including marble and onyx, a commercial-grade kitchen, and well-maintained systems. While the architectural style and certain interior finishes reflect the original construction period rather than a recent full renovation, the home shows minimal wear and tear and includes premium amenities like a 3,000-bottle wine cellar and a private theater.
Elementary School: John Vanderburg Elementary School (9/10). High School: Coronado High School (9/10).
The estate commands rare, unobstructed views of the Las Vegas Strip, city lights, and mountains, providing a world-class backdrop for high-end living and entertaining.
Spanning over 12,500 square feet, the home features a 3,000-bottle wine cellar, a private movie theater, and an elevator, offering a comprehensive suite of amenities for a luxury lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 12538, other record living area = 12205. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 7.
The massive scale of the home, including 11 bathrooms and specialized systems like an elevator and wine room, suggests substantial monthly utility and maintenance expenses.
With the residence occupying a significant portion of the 0.39-acre lot, there is relatively limited traditional yard space compared to other estates of this square footage.
Positioned high above the valley, this custom luxury estate commands unobstructed panoramic views of the Las Vegas Strip, city lights, and surrounding mountains. Designed for elevated living and grand-scale entertaining, the home spans 12,538 square feet with 8 bedrooms and 11 bathrooms, featuring oversized rooms, soaring ceilings, an elevator, and refined natural stone finishes of marble and onyx throughout. A commercial-grade kitchen anchors expansive living and gathering spaces, complemented by a private movie theater and a temperature-controlled 3,000+ bottle wine cellar with dedicated wine room. Outdoor living is highlighted by a sleek lap pool and a rooftop deck with fireplace—an exceptional setting for entertaining against iconic Strip views. Situated on a rare homesite with no rear neighbors, the property offers privacy within prestigious MacDonald Highlands, just minutes from DragonRidge Country Club. A rare opportunity to own a landmark estate.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades PK-5 • 1.5 mi
Grades PK-5 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 99% |
| Baths | 11.0 | 2.0 | 99% |
| Square foot | 12,538 | 1,835 | 99% |
| Lot Size | 16,988 | 6,098 | 97% |
| Price | $5.00M | $0 | 99% |
| Price per sq ft | $399 | $0 | 96% |
| Built year | 2007 | 2000 | 84% |
| HOA | $330 | $38 | 87% |
| Days on market | 41 | 2519 | 1% |
Mar 13, 2026
$4,999,000
Initial Listing