3016 Palace Gate Court, Las Vegas, NV 89117, Las Vegas, 89117 - 4 bed, 3 bath
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Las Vegas, NV 89117
This property presents a High-Potential Investment Opportunity with a List Price of $710,999—positioned well below the $740,201 Fair Market Value by 3%. This valuation gap offers $29,202 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant value-add potential through cosmetic modernization. Highlights include a private pool and jacuzzi, solar panels, and a versatile den/5th bedroom. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, energy-efficient residence with immediate upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3016 Palace Gate Court Subject | $705,000* List Price | 4 | 3 | 3,260 | $226 | - |
A 3045 Blue Monaco Street Sold | $649,990 List Price | 5 | 4 | 3,694 | 0.0 mi | |
B 8135 Merlewood Avenue Sold | $524,868 List Price | 3 | 3 | 2,862 | 0.3 mi | |
C 8134 Maddingley Avenue Sold | $749,000 | 4 | 3 | 2,785 | $269 | 0.4 mi |
D 7176 Summer Grove Avenue Sold | $745,000 | 4 | 4 | 3,122 | $239 | 0.9 mi |
E 7300 Lavender Rose Avenue Sold | $561,000 | 4 | 4 | 2,522 | $222 | 0.9 mi |
F 3047 Loggia Court Active | $664,000 List Price | 3 | 3 | 3,260 | $204 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 24-year-old property falls into the 'Fair' category as it exceeds the 20-year threshold without a major recent renovation. While the interior is meticulously clean, the finishes—including oak railings, brass fixtures, and carpeting—are dated. The listing description explicitly mentions the potential to increase value with updates, confirming it needs modernization to meet current market standards.
The property features a private backyard retreat complete with a pool, jacuzzi, and mature fruit trees, providing a high-value entertainment space in a desert climate.
Equipped with solar panels for significant utility savings and paired with a low HOA fee of $189, this home offers excellent long-term affordability.
With 3,260 sqft, a 3-car garage, and a downstairs den convertible to a 5th bedroom, the layout is ideal for large or multi-generational families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The interior requires cosmetic updates to reach its full potential, as the listing indicates value-add opportunities through modernization of the existing finishes.
The assigned public schools carry mid-range ratings (4-5), which may be a drawback for families specifically seeking top-tier educational districts.
Welcome to your dream home located in the Monaco community. This residence has a lot of potential to increase the value with few updates. Spacious 3-car garage, offering plenty of space for your vehicles and storage needs. Step inside to discover a meticulously and clean maintained interior boasting 4 bedrooms, 3 baths, plus a versatile den space that easily converts into a 5th bedroom perfect for the 3rd generation or guests, with a bathroom downstairs. Huge main suite with 2 walks in closets. The home's solar panels offer eco-friendly solutions with significant savings. Experience elegance with marble flooring gracing the downstairs area* Entertain in style in your private backyard retreat, complete with a refreshing pool and relaxing jacuzzi, surrounded by lush landscaping and fruit trees including oranges, cactus peach, and lemon trees. The house has been kept in super clean condition with LOW HOA fees for a great neighborhood. Schedule your showing today!
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,260 | - |
| Lot Size | 6,970 | - |
| Price | $705.0K | $474.8K |
| Price per sq ft | $216 | $257 |
| Built year | 2000 | 0 |
| HOA | $189 | $0 |
| Days on market | 28 | 526 |
Jul 3, 2026
$705,000
$710,999
-1% Price Drop
Initial Listing
Jun 24, 2026
$710,999
Initial Listing