
Las Vegas, NV 89107
This Turnkey Estate is a Strong Value Opportunity, listed at $1,028,000—positioned well below the $1,152,333 Fair Market Value by 10%. This valuation gap offers $124,333 in Instant Equity for the buyer. Featuring a 2-year-old roof, modern chef’s kitchen, and private pool on a rare ½-acre lot, the property maintains an Excellent Condition Rating. With its serene Springs Preserve backdrop and no HOA, this home is an ideal sanctuary for discerning professionals or owner-occupants seeking luxury, privacy, and long-term financial stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Lacy Lane Subject | $995,000* List Price | 3 | 3 | 2,407 | $445 | - |
A 416 Macarthur Way Active | $1,250,000 List Price | 4 | 3 | 2,780 | $450 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a full contemporary renovation within the last 5 years, featuring a modern chef's kitchen and stylish finishes. Major systems are in mint condition with a 2-year-old roof, HVAC systems only 2-3 years old, and a tankless water heater, meeting the criteria for a turnkey estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23087, living area = 2407.
The property features significant high-value improvements including paid-off solar, a newer roof, and updated HVAC systems, offering long-term cost savings and immediate peace of mind for the buyer.
Situated on a rare half-acre lot with no HOA and backing onto the Springs Preserve, this estate provides exceptional privacy and outdoor space that is difficult to find in this historic enclave.
With only three bedrooms at a price point exceeding $1 million, the property may face competition from larger homes that offer more sleeping quarters for growing families.
The assigned high school and elementary school have moderate ratings (4 and 5 respectively), which could be a consideration for education-focused buyers compared to other luxury neighborhoods.
Nestled in the historic enclave of Rancho Alta, this fully renovated estate sits on a rare ½-acre lot with no HOA. Blending timeless character with modern luxury, this turnkey home features 3 bedrooms plus a spacious office/flex room with potential for a 4th bedroom or guest space. Major value upgrades include owned solar panels, a new HVAC system, a new roof, a new tankless water heater, Everlights permanent holiday lighting, a freshly painted exterior, and an oversized garage. Inside, the home has been reimagined with contemporary finishes, recessed lighting throughout, and a beautifully designed chef’s kitchen ideal for everyday living and entertaining. The expansive backyard offers a private retreat with a sparkling pool, pergola with outdoor fireplace, garden area, and firepit — all backing to the serene Springs Preserve. A rare opportunity to own a beautifully updated estate in one of Las Vegas’ most sought-after historic neighborhoods.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,407 | 1,663 | 85% |
| Lot Size | 23,087 | 6,534 | 96% |
| Price | $995.0K | $360.0K | 98% |
| Price per sq ft | $413 | $212 | 99% |
| Built year | 1990 | 1963 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 284 | 1% |
May 22, 2026
$995,000
$1,028,000
-3% Price Drop
Initial Listing
May 8, 2026
$1,028,000
Initial Listing