
Las Vegas, NV 89107
This Newly Reconstructed Luxury Estate is a High-Potential Investment Opportunity, listed at $2,995,000—positioned well above the $2,835,054 Fair Market Value by 5%. While priced at a premium, the property features a Mint Condition Rating following a comprehensive renovation, including a Chef’s Kitchen and a Private Pool. Situated on a rare 0.47-acre lot in Rancho Estates, it offers an elevated lifestyle for those prioritizing modern design and privacy. This property is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a turnkey, high-end residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 316 Lacy Lane Subject | $2,995,000* List Price | 5 | 6 | 5,280 | $537 | - |
A 216 Starlite Drive Active | $2,695,000 List Price | 5 | 7 | 6,096 | $442 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been newly reconstructed and reimagined with a modern design. It features a brand-new chef's kitchen with a waterfall island, high-end appliances, and completely updated bathrooms. All finishes and systems appear to be in mint condition following a comprehensive renovation.
Newly reconstructed and reimagined, this 5,280 sq ft home features a contemporary open-concept layout with high-end finishes, offering the feel of a new build within an established, iconic neighborhood.
Situated on a rare 0.47-acre homesite with no rear neighbors, the property provides exceptional privacy and a backyard oasis complete with a pool, fire pit, and large balcony.
The gourmet kitchen serves as a centerpiece with a large waterfall island, extensive custom cabinetry, and top-tier appliances including a clad double wall oven, perfect for high-end entertaining.
For a luxury estate of over 5,000 sq ft at this price point, the 2-car garage may be seen as insufficient for collectors or families with multiple vehicles.
The assigned public schools, particularly the high school with a rating of 4, may not meet the expectations of luxury buyers prioritizing top-tier educational performance.
Newly reconstructed and reimagined, this 2-story custom home offers 5,280 sq ft of modern design, open living, and abundant natural light. Featuring 4 bedrooms, 6 bathrooms, and a 2-car garage on a rare 0.47-acre homesite with no rear neighbors, the property blends space and privacy. The chef’s kitchen showcases a large waterfall island, extensive cabinetry, and top-tier appliances including a clad double wall oven. Upstairs, the primary suite features a jetted soaking tub, dual vanities, oversized walk-in shower, and custom-built closet, plus access to a large balcony. The backyard is designed for entertaining with a pool and fire pit. Located in iconic Rancho Estates, known for oversized lots and timeless appeal, opportunities like this are rarely available.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 5,280 | 1,663 | 99% |
| Lot Size | 20,473 | 6,534 | 94% |
| Price | $3.00M | $360.0K | 99% |
| Price per sq ft | $567 | $212 | 99% |
| Built year | 1977 | 1963 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 283 | 1% |
Apr 28, 2026
$2,995,000
Initial Listing
Feb 28, 1997
$285,000
Public Record