
Las Vegas, NV 89107
Analysis of 221 Dalmatian Lane, Las Vegas, NV 89107 is currently available with a list price of $2,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1978, this estate is well-maintained but significantly dated. While the kitchen features newer stainless steel appliances and granite, the cabinetry, diamond-pane windows, and heavy wood-paneled foyer reflect a renovation cycle from over 20 years ago. It is functional and move-in ready but requires aesthetic and system modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37462, living area = 7240.
Formerly the residence of Caesars Palace founder Jay Sarno and a frequent stop for the Rat Pack, this estate offers a unique historical narrative and status within the exclusive guard-gated Rancho Bel Air community.
The property features a full poolside guest house with its own kitchen and living area, complemented by an elevator-equipped main house with eight bedrooms, making it ideal for large families or live-in staff.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =37462, other record lot size in square feet = 10890. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 1.
Built in 1978, a residence of this scale (7,240 sqft) may require significant ongoing maintenance and potential modernization of core systems to meet contemporary efficiency standards.
The assigned public schools for this address carry modest ratings (4 and 5), which may be a drawback for luxury buyers prioritizing top-tier public education for their children.
Privacy, security, and exceptional space for multigenerational living define this two-story estate in Rancho Bel Air, an upscale guard-gated community with deep roots in Las Vegas history. Once the residence of Jay Sarno, founder of Caesars Palace and a friend of Sammy Davis Jr., the estate once welcomed members of the Rat Pack era, including Frank Sinatra. Beyond the expansive front garden, wrought iron gate, and custom beveled-glass entry, the grand foyer with 19-foot ceilings, marble floors, and stained glass windows creates a memorable first impression. Inside, the home offers a series of classic gathering spaces, including formal living and dining rooms, along with a spacious family room featuring a granite hearth, built-in surround sound, and a wet bar. In the middle of it all, a large wine cellar sits within easy reach. Overlooking both the front and rear grounds, the kitchen is appointed with granite countertops, dual Sub-Zero column refrigerators, and new stainless steel appliances. Designed for entertaining, the backyard features a 39-foot pool, spa, granite outdoor kitchen, and mature grapefruit, lemon, and pomegranate trees. A poolside guest house provides exceptional flexibility for visitors, extended stays, or multigenerational living—complete with its own kitchen, dining area, living room, bathroom, and spacious bedroom. In the main house, two staircases and an elevator lead to the upper level, where a skylit owner’s suite offers dual vanities, cedar-lined closets, a jetted tub, steam shower, sitting area, and private den. Six additional bedrooms complete the residence, including four upper-level bedrooms with en suite amenities and two bedrooms on the main level. Set on a .86-acre lot beside the guard gate, the estate offers both convenience and peace of mind. From here, you’ll enjoy quick access to I-15, US 95, the Las Vegas Medical District, the Strip, and Downtown Las Vegas.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 7,240 | - |
| Lot Size | 37,462 | - |
| Price | $2.25M | $474.8K |
| Price per sq ft | $311 | $257 |
| Built year | 1978 | 0 |
| HOA | $308 | $0 |
| Days on market | 34 | 526 |
Jul 10, 2026
$2,250,000
$2,450,000
-8% Price Drop
Initial Listing
Jun 18, 2026
$2,450,000
Initial Listing