221 Rosemary Lane, Las Vegas, NV 89107, Las Vegas, 89107 - 5 bed, 4 bath
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Las Vegas, NV 89107
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $1,650,000—positioned above the $1,517,643 Fair Market Value by 8%. While priced at a premium, the property offers a Condition Rating of 3, featuring a Renovated Kitchen and Dual-Primary-Suite Layout. Situated in the guard-gated Rancho Nevada Estates on a Half-Acre Lot with a Pool and Spa, it provides a rare lifestyle asset. This home is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a secure, expansive, and move-in ready estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 Rosemary Lane Subject | $1,585,000* List Price | 5 | 4 | 4,734 | $316 | - |
A 3108 Sonia Drive Sold | $1,359,000 | 5 | 5 | 4,583 | $297 | 0.3 mi |
B 205 Desert View Street Sold | $1,450,000 | 4 | 5 | 5,129 | $283 | 0.2 mi |
C 2501 Wimbledon Drive Sold | $1,249,900 List Price | 4 | 3 | 3,630 | 0.2 mi | |
D 2301 Driftwood Drive Active | $1,550,000 List Price | 7 | 5 | 4,546 | $341 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1967, the property has undergone significant renovations likely within the last 10-15 years. The kitchen is updated with stainless steel double ovens, granite countertops, and high-quality cabinetry. The interior features well-maintained hardwood and tile flooring, recessed lighting, and updated doors, making the home functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23087, living area = 4734.
Located in the historic Rancho Nevada Estates, this property offers the security and exclusivity of a highly sought-after guard-gated neighborhood, providing significant long-term value and peace of mind.
The generous 23,087 sqft lot features a north-facing backyard retreat with a pool and built-in BBQ, offering a private, temperature-optimized outdoor living space that is rare for the area.
Built in 1967, the property may require significant capital investment for modernizing major systems or cosmetic updates to meet the standards of contemporary luxury buyers.
The assigned elementary and high schools carry mid-to-low ratings (5 and 4 respectively), which may be a deterrent for families prioritizing high-performing public education.
Some homes check the boxes. Others make you feel something the moment you walk in. Welcome to Rancho Nevada Estates, one of Las Vegas' most historic and sought-after guard-gated communities. Lovingly maintained, this Santa Barbara-inspired ranch home sits on a beautiful half-acre lot and offers a floor plan that's becoming increasingly hard to find. With 5 bedrooms, 4 bathrooms, multiple living spaces, and a rare dual-primary-suite layout, there's room for everyone to spread out while still coming together. Whether you're hosting holidays around the fireplace, entertaining at the built-in bar, or welcoming extended family into their own private suite, this home was designed for connection. Step outside and you'll find your own backyard retreat featuring a sparkling pool, a large covered patio, a built-in BBQ, and an ideal north-facing orientation that keeps the space enjoyable year-round. This isn't just a home—it's decades of memories waiting for the next family to write their own chapter.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,734 | - |
| Lot Size | 23,087 | - |
| Price | $1.58M | $474.8K |
| Price per sq ft | $335 | $257 |
| Built year | 1967 | 0 |
| HOA | $264 | $0 |
| Days on market | 40 | 526 |
Jul 9, 2026
$1,585,000
$1,650,000
-4% Price Drop
Initial Listing
Jun 12, 2026
$1,650,000
Initial Listing