
Las Vegas, NV 89117
This Turnkey Gated Residence is a High-Potential Investment Opportunity with a List Price of $549,900—positioned well below the $888,327 Fair Market Value by 38%. This massive valuation gap offers $338,427 in Instant Equity. Maintaining a Good Condition Rating, the home showcases a newly installed private pool, luxury vinyl plank flooring, and a remodeled spa-inspired primary bath. Located in the prestigious The Lakes community near Downtown Summerlin, this is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3056 Yankee Clipper Drive Subject | $549,900* List Price | 3 | 3 | 1,978 | $449 | - |
A 3120 WATERVIEW Drive Sold | $550,000 | 3 | 3 | 2,041 | $269 | 0.6 mi |
B 3120 WATERVIEW Drive Sold | $550,000 | 3 | 3 | 2,041 | $269 | 0.6 mi |
C 3120 Waterview Drive Sold | $550,000 | 3 | 3 | 2,041 | $269 | 0.6 mi |
D 3094 Oceantide Court Sold | $385,000 | 3 | 2 | 1,244 | $309 | 0.6 mi |
E 8290 Golden Cypress Avenue Sold | $450,000 List Price | 4 | 3 | 1,957 | 0.7 mi | |
F 3148 Mediterranean Drive Sold | $420,000 | 3 | 2 | 1,542 | $272 | 0.2 mi |
G 8465 Spirit Vale Avenue Active | $519,900 List Price | 3 | 3 | 1,841 | $282 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in good, move-in ready condition with significant recent renovations. While originally built in 1994, the home features a fully remodeled primary bathroom, newly installed luxury vinyl plank flooring, and new carpeting throughout. The kitchen is updated with stainless steel appliances, and the addition of a newly installed private pool adds substantial value and modern appeal. These extensive updates to major interior components and the outdoor living space elevate the property above the 'fair' category despite its 30-year age.
Situated within the prestigious gated community of The Lakes, this home offers a secure environment within walking distance to the lake and community amenities.
The property features significant recent improvements, including new luxury vinyl plank flooring, plush carpeting, and a fully remodeled spa-inspired primary bathroom.
A newly installed private pool provides a rare and valuable outdoor retreat for relaxation and entertainment in the Las Vegas climate.
With a lot size of only 3,485 square feet, the outdoor space is relatively compact, which may limit gardening options or feel crowded with the addition of the pool.
The monthly association fee of $258 is a recurring cost that may impact the overall affordability for some buyers compared to non-gated neighborhoods.
Mortgage savings may be available for buyers of this listing! Rare opportunity INSIDE The Lakes' gate!!! Lo-Lo-Location!!! Just a short walk to the lake and community pool, this property blends comfort, style, and location. Inside, the home showcases newly installed luxury vinyl plank flooring and plush carpet throughout, creating a modern and inviting atmosphere. The spacious primary suite features a fully remodeled spa-inspired bathroom with updated finishes designed for comfort and relaxation. The kitchen comes equipped with stainless steel appliances, washer and dryer and soft water system. Step outside to your backyard retreat, complete with a newly installed pool perfect for entertaining or unwinding. Ideally situated near Downtown Summerlin and The Las Vegas Strip, you’ll enjoy easy access to premier shopping, dining and entertainment including Lake Town Center while still coming home to a peaceful, secluded neighborhood setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,978 | - |
| Lot Size | 3,485 | - |
| Price | $549.9K | $474.8K |
| Price per sq ft | $278 | $257 |
| Built year | 1994 | 0 |
| HOA | $258 | $0 |
| Days on market | 128 | 526 |
Mar 16, 2026
$549,900
Initial Listing
Aug 30, 1994
$145,000
Public Record