4927 Spanish Heights Drive, Las Vegas, NV 89148, Las Vegas, 89148 - 4 bed, 7 bath
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Las Vegas, NV 89148
This Timeless Luxury Residence in Spanish Hills is a Prime Investment Opportunity listed at $3,999,999—positioned well below the $4,115,358 Fair Market Value by 2%. This pricing strategy delivers $115,359 in Instant Equity. Despite a Fair Condition Rating due to its original 1996 aesthetic, the home features Turkish Marble, Viking Appliances, and a resort-style backyard with Red Rock Mountain Views. Proximity to the top-rated Lucille S Rogers Elementary adds significant long-term value. This estate is perfect for Luxury Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4927 Spanish Heights Drive Subject | $3,999,999* List Price | 4 | 7 | 6,670 | $617 | - |
A 5079 Mountain Top Circle Active | $5,000,000 List Price | 6 | 8 | 7,206 | $694 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this property falls within the 25-40 year age bracket defined for the 'fair' condition score. While the home is a high-end luxury estate with premium features like Turkish marble and Viking Professional appliances, the overall style—including the dark wood cabinetry, granite patterns, and ornate architectural details—is dated and reflects the original construction era. The property is well-maintained but lacks the recent comprehensive renovations required for a higher score.
The residence features grand 30-foot ceilings, Turkish marble flooring with 3D Venetian inlays, and exquisite custom woodwork, creating a timeless and sophisticated luxury atmosphere.
Situated on a generous half-acre lot, the backyard offers a private oasis with a pool, spa, waterfalls, fire features, and a built-in BBQ, all complemented by stunning Red Rock mountain views.
Equipped with professional-grade Viking appliances, a 150-bottle wine cooler, and custom cabinetry, the kitchen is perfectly designed for both high-capacity entertaining and daily culinary use.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23957, other record lot size in square feet = 21780.
Built in 1996, the home may require updates to its mechanical systems or aesthetic elements to align with the ultra-modern preferences of today's luxury buyers.
While the elementary school is highly rated, the assigned middle and high schools have lower performance scores (4/10), which may be a drawback for families prioritizing public education.
AMAZING!SPECTACULAR!EXTRAORDINARY TIMELESS DESIGN STATE OF THE ART LUXURY RESIDENCE THAT NOW COULD BE YOURS! IMPRESSIVE home on1/2acre LOT in PRESTIGIOUS SPANISH HILLS ESTATES.One look and you will FALL IN LOVE.The GRAND ENTRY 30FT ceiling TURKISH24X24MARBLE floors3D VENETIAN PALAZZO DUCALE inlays VAULTED ceilings NATURAL LIGHT state of ART WOOD WORK & impressive DESIGN throughout will TAKE YOUR BREATH AWAY!Wet bars in LIVING&FAMILY rooms.DINING w/POOL&MOUNTAIN views Spacious KITCHEN w/CUSTOM cabinets ISLAND BREAKFAST bar VIKING PROFESSIONAL appliances 150-bottle WINE COOLER.MASTER SUITE w/3-sided FIRE PLACE balcony w/POOL&RED ROCK mountain views MARBLE bath w/SKYLIGHT UPSTAIRS separate from ALL OTHER rooms 2nd MBR downstairs has entry to side yard All GUEST rooms feature ENSUITES WALK-IN closetsWOOD floors&VENETIAN-style bathroomsPRIVATE SPACIOUS RESORT-style backyard w/POOL/SPAWATER FALLS&FIRE features FIRE-PIT&BUILT-IN BBQ!STUNNING&UNIQUE!Great location not far from LAS VEGAS STRIP!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 7.0 | 3.0 | 100% |
| Square foot | 6,670 | 2,068 | 99% |
| Lot Size | 23,957 | 3,920 | 100% |
| Price | $4.00M | $420.0K | 100% |
| Price per sq ft | $600 | $220 | 100% |
| Built year | 1996 | 2006 | 1% |
| HOA | $580 | $60 | 99% |
| Days on market | 66 | 833 | 0% |
Apr 2, 2026
$3,999,999
Initial Listing
Nov 15, 1996
$1,440,000
Public Record