7192 Ranchito Circle, Las Vegas, NV 89120, Las Vegas, 89120 - 5 bed, 6 bath
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Las Vegas, NV 89120
This Rare Value-Add Estate is listed at $1,500,000, representing a unique asset within the prestigious Sierra Vista Ranchos guard-gated community. While the $1,179,471 Fair Market Value reflects a Condition Rating of 5 requiring full-scale modernization, the property’s all-brick construction and nearly 1-acre equestrian lot offer a scale that cannot be replicated. Featuring a brand-new custom pool and access to David M Cox Elementary, the home balances rural privacy with city utility. This is a high-potential acquisition for Luxury Renovators or Equestrian Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7192 Ranchito Circle Subject | $1,500,000* List Price | 5 | 6 | 5,437 | $217 | - |
A 3635 Tobias Lane Sold | $1,395,000 | 4 | 4 | 4,155 | $336 | 0.8 mi |
B 7082 Mira Vista Street Active | $1,200,000 List Price | 3 | 4 | 5,647 | $213 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971, this property is over 50 years old and retains most of its original or highly dated interior finishes, including parquet flooring, mirrored ceilings, and vintage wallpaper. The listing description explicitly states the home is 'in need of updating,' and the visual evidence of the kitchen/living areas suggests a full-scale rehab is required to modernize the systems and aesthetics.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34848, living area = 5437.
The property features a rare all-brick exterior and a massive 5,437 sqft floor plan with oversized living spaces, offering a level of durability and entertaining capacity seldom found in the Las Vegas market.
Situated on a nearly one-acre cul-de-sac lot within a guard-gated equestrian community, this home provides a unique rural lifestyle with riding trails while remaining centrally located in the heart of the city.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The interior is explicitly noted as being in need of updating, which will require a substantial additional capital investment to modernize the 1971 finishes and systems.
The property is zoned for a high school with a low rating of 2, which may impact appeal for families prioritizing public education and could affect long-term resale velocity.
Located in a guard-gated equestrian community with large lots, custom homes, stables, and riding trails, this cul-de-sac property offers a rare rural feel in the heart of Las Vegas. Approaching 1-Acre on lot size, the exterior almost entirely built entirely of brick—extremely rare for the area—this home features a truly unique layout with oversized living and family rooms, each nearly double typical size, creating exceptional entertaining space. Includes a true formal dining room, four fireplaces, four bedrooms upstairs and one down, plus an office/library. All bedrooms have en-suite baths. The private, expansive backyard offers room to build and features a brand-new oversized custom pool. Distinctive details, including statement chandeliers, add character that cannot be replicated. While in need of updating, the scale, construction, and design make this an unmatched opportunity in the Las Vegas market and one that can not simply be recreated.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 2.8 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 6.0 | 3.0 | 97% |
| Square foot | 5,437 | 2,065 | 95% |
| Lot Size | 34,848 | 9,148 | 93% |
| Price | $1.50M | $437.0K | 96% |
| Price per sq ft | $276 | $211 | 72% |
| Built year | 1971 | 1979 | 8% |
| HOA | $418 | $0 | 96% |
| Days on market | 6 | 629 | 1% |
Apr 16, 2026
$1,500,000
Initial Listing