527 Preston Oak Lane, Las Vegas, NV 89138, Las Vegas, 89138 - 5 bed, 3 bath
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527 Preston Oak Lane
Las Vegas, NV 89138
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,454Sq Ft
4,356Lot Size
Property Price
LIST PRICE$849,500
EST. MARKET VALUE
$795,832
6% AboveMARKET VALUE
SUMMARY
This Modern New Construction is a Strong Value Opportunity, listed at $849,500—positioned above the $795,833 Fair Market Value. While priced at a premium, the property offers a Mint Condition Rating and a unique lifestyle package, including a professional indoor golf simulator and a private backyard basketball court. Located in the prestigious Summerlin Village 29, this home provides a turnkey experience with high-end finishes and energy-efficient systems. This distinctive property is an ideal match for luxury lifestyle seekers or active families prioritizing recreation and modern design.
Estimated Market Value
$795,832
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 527 Preston Oak Lane Subject | $849,500* List Price | 5 | 3 | 2,454 | $324 | - |
A 495 La Vista Acres Lane Sold | $729,750 | 5 | 3 | 2,466 | $296 | 0.2 mi |
B 647 La Vista Acres Lane Sold | $690,000 | 4 | 3 | 2,176 | $317 | 0.1 mi |
C 11861 Pelican Butte Avenue Sold | $800,000 | 4 | 3 | 2,002 | $400 | 0.9 mi |
D 997 Estates Bend Court Sold | $954,000 | 5 | 4 | 3,317 | $288 | 0.4 mi |
E 85 Agnew Street Sold | $885,000 | 4 | 4 | 2,386 | $371 | 0.8 mi |
F 1045 Estates Bend Court Sold | $920,000 | 5 | 5 | 3,317 | $277 | 0.4 mi |
G 415 Preston Oak Lane Active | $751,854 List Price | 5 | 3 | 2,466 | $305 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2025, this brand-new construction is in mint condition. The property features modern, high-end finishes in the bathrooms and kitchen, and all mechanical systems (HVAC, Electric) are new and meet current codes, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Summerlin Location
Located in the highly sought-after Summerlin Village 29 (89138), this property offers a premium lifestyle within a secure gated community, known for top-rated schools and proximity to high-end amenities.
- Modern New Construction
Built in 2025, this home features the latest in energy efficiency, contemporary open-concept design, and high-end finishes, providing a turnkey experience with the benefits of a new build warranty.
- Unique Recreational Amenities
The inclusion of a professional indoor golf simulator and a private backyard basketball court provides a distinctive lifestyle and entertainment value rarely found in standard residential listings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 4443. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Compact Lot Size
The 4,356-square-foot lot is relatively small for a five-bedroom home, leaving limited space for traditional landscaping or a private pool due to the footprint of the basketball court.
- Niche Customizations
While the specialized recreational features are a draw for some, they may require removal or costly modifications for buyers seeking a more conventional backyard or interior flex space.
About 527 Preston Oak Lane
Welcome to this highly upgraded 5-bedroom, 3-full-bath home located in a desirable gated community, offering exceptional privacy and a thoughtfully designed floor plan. A bedroom and full bath downstairs provide flexibility for guests, extended family, or a private home office. The open-concept living area flows into a beautifully upgraded kitchen, creating an ideal space for everyday living and entertaining. Upstairs offers a spacious primary suite, additional bedrooms, and plenty of room for the entire family. What truly sets this home apart are its professionally installed recreational features. Enjoy your own indoor golf experience with a professionally installed screen golf simulator system, available for separate purchase or removable at the buyer's request. The professionally installed backyard basketball court creates another unique space for recreation and entertaining. With extensive upgrades, privacy, versatile living spaces, and amenities rarely found in comparable homes, this property offers a truly distinctive lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $69 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,454 | 1,961.945 |
| Lot Size | 4,356 | 6,098 |
| Price | $849.5K | $486.0K |
| Price per sq ft | $346 | $259 |
| Built year | 2025 | 2002 |
| HOA | $69 | $83 |
| Days on market | 23 | 62 |
Pricing History
Listed for Sale
Aug 17, 2026
$849,500
Initial Listing