316 Silver Grove Street, Las Vegas, NV 89144, Las Vegas, 89144 - 3 bed, 3 bath
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Las Vegas, NV 89144
This Unique Summerlin Residence is a High-Potential Investment Opportunity, with a List Price of $585,000—positioned well below the $723,005 Fair Market Value by 19%. This valuation gap provides $138,005 in Instant Equity. While maintaining a Fair Condition Rating with original finishes, the "upside down" floor plan maximizes Mountain Views and overlooks a Heated Pool with Waterfall. Located near Top-Rated Summerlin Schools in a stable market, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 316 Silver Grove Street Subject | $585,000* List Price | 3 | 3 | 2,057 | $351 | - |
A 212 Emerald Vista Way Sold | $512,000 | 3 | 3 | 2,079 | $246 | 0.2 mi |
B 316 Autumn Palace Court Sold | $590,000 | 3 | 3 | 2,057 | $287 | 0.0 mi |
C 316 AUTUMN PALACE Court Sold | $590,000 | 3 | 3 | 2,057 | $287 | 0.0 mi |
D 316 AUTUMN PALACE Court Sold | $590,000 | 3 | 3 | 2,057 | $287 | 0.0 mi |
E 316 Autumn Palace Court Sold | $590,000 | 3 | 2 | 2,057 | $287 | 0.0 mi |
F 101 Clybourn Court Sold | $515,000 | 3 | 3 | 2,079 | $248 | 0.3 mi |
G 1304 Alderton Lane Active | $675,000 List Price | 4 | 3 | 2,278 | $296 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property is well-maintained but largely retains its original features, placing it in the 'fair' category. While the flooring has been updated in several areas with modern wood-look laminate, the kitchen and bathrooms are outdated, featuring original oak cabinetry, white appliances, and builder-grade light fixtures and tile. The home is move-in ready but shows signs of being aged and would require cosmetic updates to meet modern standards.
Situated in the highly desirable 89144 zip code of Summerlin, this property offers access to top-tier master-planned amenities, parks, and schools, ensuring strong long-term investment potential.
The home features a heated pool with a waterfall, providing a luxurious and functional outdoor retreat that is highly sought after in the Las Vegas climate.
The unique 'upside down' floor plan elevates the primary living spaces and kitchen to the second floor, effectively capturing the property's mountain views and offering a more private living experience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The unconventional layout, with the kitchen and primary suite on the upper level, may limit the buyer pool to those specifically seeking a non-traditional home or those without mobility concerns.
With a lot size of 4,792 square feet, the presence of a large pool and waterfall leaves very little additional yard space for gardening, pets, or play areas.
This was the first Lewis 'upside down' home built in Summerlin. A unique floor plan with Primary, Den, Kitchen, and Living/Dining Combination upstairs. Downstairs leads to large family room leading out to heated pool with waterfall, two secondary bedrooms, full bath, laundry out to 3 car garage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,057 | 2,280 | 40% |
| Lot Size | 4,792 | 6,098 | 31% |
| Price | $585.0K | $530.0K | 56% |
| Price per sq ft | $284 | $266 | 54% |
| Built year | 1998 | 1999 | 27% |
| HOA | $72 | $65 | 78% |
| Days on market | 36 | 826 | 1% |
Mar 17, 2026
$585,000
Initial Listing
Oct 30, 1997
$166,000
Public Record