This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,295,900—positioned well above the $1,118,660 Fair Market Value. While the property commands a premium, its Fair Condition Rating and 2004-era finishes provide a clear path for value-add renovations. Featuring an oversized .35-acre lot, private pool and spa, and a versatile 5-bedroom layout, the home offers significant lifestyle utility. This property is best suited for Buy-and-Hold Investors or Owner-Occupants looking to modernize a substantial asset in the gated Spanish Springs community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4798 Luna Ridge Court Subject | $1,295,900* List Price | 5 | 3 | 4,120 | $272 | - |
A 8717 Kingship Court Sold | $1,200,000 | 4 | 4 | 4,946 | $243 | 1.0 mi |
B 8717 KINGSHIP Court Sold | $1,200,000 | 4 | 4 | 4,946 | $243 | 1.0 mi |
C 4200 Scott Peak Court Active | $1,095,000 List Price | 6 | 3 | 3,866 | $283 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old based on the 2026 listing date, placing it in the 'Fair' category. While the home is functional and features granite countertops and a private pool, the kitchen and primary bath likely retain original 2004 finishes which are considered dated by current standards, and major systems (HVAC/Electric) are likely approaching the end of their typical 20-25 year lifecycle.
The oversized .35-acre lot features a private in-ground pool and spa, offering a premium outdoor living experience ideal for the Las Vegas climate.
With over 4,100 square feet and a main-level bedroom, the floor plan provides exceptional flexibility for multi-generational families or home office needs.
Situated in the exclusive Spanish Springs at Lone Mountain community, the property offers enhanced security and proximity to scenic recreation and major amenities.
For a home exceeding 4,000 square feet with five bedrooms, the three-bathroom configuration may be seen as insufficient for high-occupancy households.
The assigned public schools carry moderate ratings (5-6), which may be a consideration for families prioritizing top-tier educational performance.
Welcome to 4798 Luna Ridge Court, an impressive 5-bedroom, 3-bath home offering approximately 4,120 square feet of living space on a spacious .35-acre lot in the gated Spanish Springs at Lone Mountain community of Las Vegas. A dramatic entry with soaring ceilings introduces generous living spaces designed for both comfortable everyday living and entertaining. The expansive kitchen is the heart of the home, featuring a large center island, granite countertops, abundant cabinetry, double ovens, a walk-in pantry and an adjoining dining nook. A separate formal dining room provides additional space for gatherings and special occasions. The oversized primary suite offers a private retreat complete with a fireplace, large bathroom, soaking tub, separate shower and generous closet space. Four additional bedrooms provide flexibility for guests, home offices or multi-generational living, including a bedroom conveniently located on the main level. A separate den adds even more usable space. Step outside to a large private backyard built for enjoying the Las Vegas lifestyle, featuring an in-ground swimming pool and spa with plenty of room for outdoor entertaining. The property also includes desert landscaping and an attached 3-car garage. Located in the desirable 89129 ZIP code near Lone Mountain, this gated Las Vegas home combines substantial indoor and outdoor space with convenient access to shopping, dining, recreation and major roadways. With over 4,100 square feet, five bedrooms, a private pool and spa, oversized lot and 3-car garage, 4798 Luna Ridge Court offers the space and versatility today's buyers are looking for.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 4,120 | 1,961.945 |
| Lot Size | 15,246 | 6,098 |
| Price | $1.30M | $486.0K |
| Price per sq ft | $315 | $259 |
| Built year | 2004 | 2002 |
| HOA | $135 | $83 |
| Days on market | 5 | 62 |
Sep 4, 2026
$1,295,900
Initial Listing