6864 Desert Island Street, Las Vegas, NV 89149, Las Vegas, 89149 - 4 bed, 4 bath
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6864 Desert Island Street
Las Vegas, NV 89149
PENDING
CONDITION: GOOD
4Beds
4Baths
2,984Sq Ft
9,148Lot Size
Property Price
LIST PRICE$815,000
EST. MARKET VALUE
$781,464
4% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $815,000, positioned slightly above the $774,594 Fair Market Value. While priced at a premium, the property offers a rare, assumable 2.75% interest rate that provides significant long-term financial leverage. Featuring a Good Condition Rating, this single-story home includes a chef-style kitchen, mahogany flooring, and a heated waterfall pool. Despite a lower-rated middle school, the dual primary suites offer exceptional flexibility. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants prioritizing low-interest financing and turnkey luxury.
Estimated Market Value
$781,464
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 |
|---|---|---|---|---|---|---|
★ 6864 Desert Island Street Subject | $815,000* List Price | 4 | 4 | 2,984 | $262 | - |
A 9518 Quiet Valley Avenue Sold | $665,000 | 5 | 4 | 2,738 | $243 | 0.3 mi |
B 9434 Quiet Valley Avenue Sold | $645,000 | 4 | 4 | 2,380 | $271 | 0.3 mi |
C 7524 Midnight Rambler Street Sold | $699,000 | 4 | 3 | 2,672 | $262 | 0.7 mi |
D 9391 Arrowhead Bluff Avenue Sold | $660,000 | 5 | 3 | 2,902 | $227 | 0.8 mi |
E 10310 Glacier Mist Avenue Sold | $650,000 | 3 | 3 | 2,634 | $247 | 0.9 mi |
F 9429 Quiet Valley Avenue Sold | $600,000 | 3 | 3 | 2,496 | $240 | 0.3 mi |
G 6361 Cascade Peak Court Sold | $739,000 | 4 | 3 | 2,528 | $292 | 0.8 mi |
H 9417 Wisdom Valley Avenue Pending | $590,000 List Price | 5 | 4 | 2,954 | $200 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008 (18 years old), this property falls squarely into the 'Good' category. The home is well-maintained and move-in ready with a functional chef-style kitchen featuring granite countertops and stainless steel appliances. While the aesthetic reflects its original build era, the mahogany flooring, plantation shutters, and systems—including the added value of paid-off solar—indicate a high level of maintenance with no immediate repairs needed.
PROSSTRENGTHS & OPPORTUNITIES
- Assumable Low-Interest Loan
The rare opportunity to assume a 2.75% interest rate mortgage offers exceptional financial value and significant monthly savings compared to current market rates.
- Multigenerational Floor Plan
The single-story layout features dual primary suites, providing ideal privacy and flexibility for extended families, guests, or live-in care.
- Energy Efficiency & Amenities
Equipped with fully paid-off solar panels and a premium backyard featuring a heated waterfall pool and spa, the home combines low utility costs with luxury outdoor living.
CONSRISKS & DEFICIENCIES
- Middle School Rating
The property is zoned for a middle school with a lower rating of 3, which may be a deterrent for families prioritizing high-performing school districts.
- Extended Days on Market
With 49 days on the market and a recent price adjustment, the property may be facing stiff competition or a mismatch between current pricing and buyer expectations.
About 6864 Desert Island Street
Rare opportunity to assume a 2.75% loan on this single-story home in northwest Las Vegas located approximately 15 minutes from Downtown Summerlin with easy access to shopping, dining, parks, & freeway routes. The flexible floor plan features dual primary suites ideal for multigenerational living, extended guests, or added privacy. Inside you'll find mahogany wood flooring, plantation shutters, and a chef-style kitchen with oversized island, granite countertops, stainless steel appliances, & double ovens designed for everyday living & entertaining. A private front courtyard with outdoor fireplace creates a warm first impression, while a second fireplace inside adds comfort & character to the main living space. The backyard is designed for year-round enjoyment with multiple patio areas, heated waterfall pool & spa, gas hookup for outdoor cooking, & mature landscaping. Additional features include paid-off solar for improved energy efficiency, all in a highly desirable northwest Las Vegas location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $60 / Month
Neighborhood Insights
Las Vegas Unified Schools
Sandra L Thompson Elementary School
Grades PK-5 • 0.8 mi
7/10
Marshall C Darnell Elementary School
Grades PK-5 • 1.2 mi
6/10
Edmundo Eddie Escobedo Sr Middle School
Grades 6-8 • 0.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,984 | 1,961.945 |
| Lot Size | 9,148 | 6,098 |
| Price | $815.0K | $486.0K |
| Price per sq ft | $273 | $259 |
| Built year | 2008 | 2002 |
| HOA | $60 | $83 |
| Days on market | 95 | 62 |
Pricing History
Listed for Sale
Jun 6, 2026
$815,000
Initial Listing