This Custom Luxury Estate presents a Prime Investment Opportunity with a List Price of $4,000,000—positioned well below the $4,110,097 Fair Market Value by 2%. This valuation gap offers $110,097 in Instant Equity. Featuring a Detached Guest Residence, Resort-Inspired Pool, and Entertainer’s Basement, the property maintains a Condition Rating of 3. Its unique layout and privacy make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, multi-generational sanctuary in Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 East Levi Avenue Subject | $4,000,000* List Price | 8 | 10 | 6,643 | $619 | - |
A 206 East Levi Avenue Active | $4,000,000 List Price | 8 | 10 | 6,643 | $602 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this custom estate is well-maintained and move-in ready. While it is 21 years old, the 'timeless' architecture, chef's kitchen with premium appliances, and refined craftsmanship suggest a level of care and quality that exceeds the typical 'dated' expectations for its age bracket.
The property features a fully detached guest house equipped with its own kitchen, living area, and laundry, offering unparalleled flexibility for multi-generational living or on-site staff.
A versatile entertainer’s basement paired with a resort-style pool, outdoor kitchen, and soaring Great Room creates a premier environment for hosting large-scale social events.
Situated within the exclusive Levi Private Gated Estates, the home offers high-level security and privacy while remaining minutes from the Las Vegas Strip and private aviation hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6643, other record living area = 4855. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 6.
Built in 2005, the residence may require cosmetic or technological updates to compete with the ultra-modern finishes typically found in new-construction luxury estates at this price point.
With over 6,600 square feet of living space plus a detached guest house on a 0.46-acre lot, the outdoor yard space may feel somewhat constrained for buyers seeking expansive grounds.
Welcome to The Grand Villa, an exceptional custom residence within Levi Private Gated Estates, where timeless architecture, soaring interiors, and refined craftsmanship create a home of enduring elegance. A private gated courtyard welcomes you into a residence designed for gracious entertaining and comfortable everyday living. Anchoring the home is a dramatic Great Room with soaring ceilings, a striking fireplace, and expansive gathering spaces that create an unforgettable first impression while flowing naturally into the chef’s kitchen and surrounding living areas. Thoughtfully designed with premium appliances, a center island, walk-in pantry, and seamless connection to both formal and casual dining spaces, the chef’s kitchen comfortably accommodates everything from quiet family breakfasts to elegant dinner parties and holiday celebrations. Spacious main-level primary suites provide exceptional flexibility for long-term living, while additional en-suite bedrooms offer privacy and comfort for family and guests. An entertainer’s basement expands the residence with versatile recreation and media spaces designed for celebrations, game nights, or relaxed evenings at home. Outdoor living becomes a private retreat with a resort-inspired pool, covered patios, outdoor kitchen, and beautifully landscaped grounds that invite year-round enjoyment. A detached Private Guest Residence, complete with its own kitchen, living room, fireplace, laundry, and private bedrooms, provides fully independent accommodations for extended family, guests, or professional staff. Located minutes from the Las Vegas Strip, professional sports venues, world-class dining, entertainment, and private aviation, The Grand Villa offers exceptional privacy while remaining connected to everything Southern Nevada has to offer. Timeless in its design and effortless in the way it lives, The Grand Villa is a residence where exceptional architecture quietly enhances everyday life.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 10.0 | 0.0 |
| Square foot | 6,643 | - |
| Lot Size | 20,038 | - |
| Price | $4.00M | $474.8K |
| Price per sq ft | $602 | $257 |
| Built year | 2005 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 526 |
Jul 9, 2026
$4,000,000
Initial Listing