
Las Vegas, NV 89120
This Luxury Multi-Generational Estate is a Strong Value Opportunity, listed at $1,588,888—matching its $1,588,888 Fair Market Value. Boasting an Excellent Condition Rating following a high-end 2020 renovation, the property features a chef’s kitchen, private-entry casita, and a resort-style pool. The massive 1.29-acre horse-zoned lot offers rare subdivision potential for building multiple homes, providing significant investment upside. This unique property is a premier acquisition for Multi-Generational Families or Strategic Developers seeking luxury and long-term land value in a prime Las Vegas location.
Property is new construction or fully renovated.
Although originally built in 1973, the property underwent an extensive and high-end renovation in 2020. The interior features a modern chef's kitchen, luxury bathrooms, updated flooring, and contemporary light fixtures. The property is move-in ready with no deferred maintenance, meeting the criteria for a recently renovated home in excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56192, living area = 5440.
The massive 1.29-acre lot is horse-zoned and offers rare potential for subdivision or rezoning to build multiple homes, providing significant investment upside in a prime Las Vegas location.
With over 5,400 sqft of living space and a private-entry casita featuring a spa bath and fireplace, the property is perfectly configured for large families or rental income potential.
Despite modern interior updates, the original 1973 construction may necessitate ongoing maintenance or future capital expenditures for aging core structural and mechanical systems.
The expansive grounds, including 48 palm trees, a private well, and a septic system, require more intensive management and higher upkeep costs than a standard residential property.
Rare gated 1.29-acre Las Vegas oasis in horse-zoned area! Potential for Subdivide/Rezone & Building Multiple Homes! 5,185+ Sqft of stunningly remodeled living space, incl. a private-entry casita w/2-sided fireplace & spa bath—perfect for multi-gen living. Primary suite offers private pool & a spa-inspired bath. 48 swaying palms frame the circular drive & lush front lawn, setting the stage for the resort-style heated pool & spa. 2020 upgrades shine in the chef’s kitchen, luxe baths, & spacious open living areas. Expansive backyard is a blank canvas for horses, farming, gardens, or custom outdoor entertainment. Private well, ample parking for RVs/toys, septic cleaned, and no HOA. Enjoy peace & privacy on a secluded street while staying close to Sunset Park, McCarran Airport, shopping, dining, and entertainment. Furniture & games may be available outside of escrow. Seller financing & leasing options available—this one-of-a-kind property delivers unmatched space, luxury, and potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 98% |
| Baths | 4.0 | 3.0 | 78% |
| Square foot | 5,440 | 2,065 | 95% |
| Lot Size | 56,192 | 9,148 | 96% |
| Price | $1.59M | $437.0K | 97% |
| Price per sq ft | $292 | $211 | 81% |
| Built year | 1973 | 1979 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 253 | 629 | 35% |
Aug 12, 2025
$1,588,888
Initial Listing
Jan 17, 1997
$126,500
Public Record