
Las Vegas, NV 89138
This Luxury Summerlin Residence is a Prime Investment Opportunity, listed at $1,289,000—positioned well below the $1,340,006 Fair Market Value by 3%. This valuation gap secures $51,006 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features iconic full Las Vegas Strip views, a gated community setting, and a resort-style outdoor living space with a built-in BBQ and fireplace. Located minutes from top-rated schools, this property offers a rare blend of lifestyle prestige and immediate financial upside. It is an ideal acquisition for Upscale Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 282 Calgrove Street Subject | $1,289,000* List Price | 5 | 5 | 3,605 | $372 | - |
A 12109 Rojo Roma Avenue Sold | $1,555,000 List Price | 5 | 5 | 3,619 | 0.4 mi | |
B 429 Paso De Montana Street Sold | $1,400,000 | 5 | 4 | 3,619 | $387 | 0.2 mi |
C 429 Paso De Montana Street Sold | $1,400,000 | 5 | 4 | 3,619 | $387 | 0.2 mi |
D 301 Oakrun Court Sold | $999,999 List Price | 5 | 5 | 3,605 | 0.1 mi | |
E 357 Elder View Drive Sold | $999,000 List Price | 5 | 4 | 3,869 | 0.1 mi | |
F 193 Elder View Drive Sold | $1,349,900 List Price | 4 | 3 | 3,314 | 0.2 mi | |
G 295 Oakrun Court Active | $1,500,000 List Price | 5 | 4 | 3,869 | $388 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015, this property falls within the 10-year window for an excellent rating. The home features modern, high-end finishes including wood-look ceramic tile, granite countertops throughout, and a contemporary kitchen equipped with upgraded stainless steel appliances and custom cabinetry. The bathrooms are in pristine condition with modern fixtures, and the overall property shows no signs of deferred maintenance, meeting current quality standards for a luxury residence.
The property features a highly coveted full view of the Las Vegas Strip, a premium asset that significantly enhances the home's prestige and resale value.
Situated in a gated community within the prestigious Summerlin master-plan, the residence offers proximity to top-rated private schools, Downtown Summerlin, and world-class parks.
The backyard is optimized for entertainment with an upgraded covered patio featuring a built-in BBQ, outdoor heater, fireplace, and flat-screen TV.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7248.
The 7,405 sq. ft. lot is relatively compact for a home exceeding 3,600 sq. ft., which may limit outdoor recreational space for some families.
The 2015-era granite countertops and wood-look ceramic tile, while durable, may require modernization to meet the aesthetic expectations of today's luxury buyers.
DISIRABLE FULL STRIP VIEW. HOME LOCATED IN THE HIGHLY SOUGHT AFTER GATED MASTER-PLANNED COMMUNITY OF SUMMERLIN. OFFERING APPROX. 3,605 SQ. FT. OF WELL-DESIGNED LIVING SPACE, THIS RESIDENCE FEATURES 5 BEDROOMS, 4.5 BATHS, WITH A BEDROMM AND FULL BATH DOWNSTAIRS WITH A SPACIOUS 3-CAR GARAGE. PRIMARY BEDROOM OPENS OUT TO LARGE BALCONY. UPGRATED COVERED PATIO WITH BBQ, OUTSIDE HEATER, FLAT SCREEN TV AND FIREPLACE PERFECT FOR ENTERTAINING. INSIDE, WOOD-LOOK CERAMIC TILE AND PLUSH BERBER CARPET FLOORING, WITH GRANITE COUNTERTOPS THROUGHOUT. THE KITCHEN IS OVERSIZED WITH MANY UPGRATED STAINLESS APPLIANCES. CUSTOM CABINETRY, BEAUTIFUL BACKSPLASH. PRIVATE BACKYARD, SOLAR. MATURE LANDSCAPING. PARKS AND WALKING TRAILS ARE CLOSE BY. LOCATED MINUTES FROM TOP-RATED PRIVATE SCHOOLS, DOWNTOWN SUMMERLIN WITH ITS SHOPPING AND DINING.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 5.0 | 3.0 | 87% |
| Square foot | 3,605 | 2,476.5 | 88% |
| Lot Size | 7,405 | 6,098 | 63% |
| Price | $1.29M | $652.5K | 89% |
| Price per sq ft | $358 | $302 | 69% |
| Built year | 2015 | 2016 | 49% |
| HOA | $97 | $60 | 92% |
| Days on market | 21 | 705 | 0% |
Apr 1, 2026
$1,289,000
Initial Listing