
Las Vegas, NV 89120
This Luxury Single-Family Residence is a High-Potential Investment Opportunity, listed at $1,888,888—positioned above the $1,648,969 Fair Market Value. While the price reflects a premium, the home features an Excellent Condition Rating following a comprehensive, high-end renovation. Highlights include a 0.71-acre lot, oversized heated pool, and historic pedigree as a former Orson Welles estate. Despite the lower-rated local high school, the property offers a turnkey, private sanctuary for Luxury Homebuyers or Discerning Collectors seeking a unique, fully modernized equestrian-community lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3189 Montecito Drive Subject | $1,888,888* List Price | 5 | 5 | 3,802 | $434 | - |
A 7185 Ranchito Circle Active | $1,598,000 List Price | 5 | 3 | 3,554 | $450 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1971 home has undergone a complete high-end renovation within the last 5 years. It features a modern kitchen with Thor appliances and quartzite waterfall countertops, along with critical system updates including two new HVAC heat exchangers, two new water heaters, and new windows throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30928, living area = 3802.
The residence has been meticulously fully renovated with premium finishes, including Thor appliances, quartzite waterfall countertops, Italian tile, and Restoration Hardware lighting, offering a turn-key luxury experience.
Situated on a generous 0.71-acre lot within the guard-gated Sierra Vista Ranchos, the property provides a rare, private equestrian lifestyle just minutes from the Las Vegas Strip.
With 331 days on the market, the property may be facing challenges regarding its pricing strategy or niche appeal, potentially leading to buyer hesitation or low-ball offers.
The assigned high school carries a low rating of 2, which can be a significant deterrent for luxury-tier families who prioritize top-rated public education for their children.
**WOW** THIS AMAZING 5 BED,5 BATH,LUXURIOUS SINGLE-STORY HOME LOCATED IN THE EXQUISTE HISTORIC SIERRA VISTA GUARD GATED EQUESTRIAN COMMUNITY.THIS HOME HAS BEEN FULLY RENOVATED WITH NO EXPENSE SPARED FEATURING CUSTOM SOFT CLOSE CABINETS, THOR APPLIANCES, QUARTSITE WATERFALL COUNTER TOPS. ITALIAN 36 INCH TILE, CUSTOM BLACK ICE GARAGE DOORS & MOTORS, NEW CRAFTSMAN WINDOWS & SLIDERS,2 NEW HVAC HEAT EXCHANGERS, 2 NEW WATER HEATERS, CUSTOM CALIFORNIA CLOSETS THROUGHT OUT THE HOME AND GARAGE CABINETS.NEW RH LIGHTING INSIDE AND OUT DELTA BRUSHED GOLD FIXTURES THROUGHOUT.NEW CUSTOM DOUBLE DOOR ENTRY, NEW SOLID WOOD SHAKER INTERIOR DOORS.LOT 0.71 of AN ACRE WITH OVERSIZED AUTO-FILL HEATED POOL MATURE LANDSCAPING,FAUX GRASS & BELGRADE PAVERS.THIS RESIDENCE CONVENIENTLY LOCATED TO THE AIRPORT, ALLEGIANT STADIUM, T MOBILE ARENA, LAS VEGAS STRIP & CONVENTION CENTERS , BUYER, BUYERS AGENT TO VERIFY ALL INFO, HOA FEES,SCH ZONES MEASUREMENTS ETC, BOUGHT BY ORSON WELLES IN 1978 BUYER TO VERIFY
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 3,802 | 2,065 | 87% |
| Lot Size | 30,928 | 10,019 | 91% |
| Price | $1.89M | $450.0K | 98% |
| Price per sq ft | $497 | $216 | 98% |
| Built year | 1971 | 1979 | 10% |
| HOA | $400 | $0 | 97% |
| Days on market | 353 | 674 | 41% |
Jun 18, 2025
$1,888,888
Initial Listing