7761 Spanish Lake Drive, Las Vegas, NV 89113, Las Vegas, 89113 - 3 bed, 4 bath
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7761 Spanish Lake Drive
Las Vegas, NV 89113
ACTIVE
CONDITION: FAIR
3Beds
4Baths
3,276Sq Ft
6,534Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$924,165
8% BelowMARKET VALUE
SUMMARY
This Spacious Golf Course Residence is a Strong Value Opportunity, listed at $850,000—positioned well below the $924,166 Fair Market Value by 8%. This valuation gap offers $74,166 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant potential for cosmetic modernization. Residents enjoy panoramic golf course views, a granite kitchen, and comprehensive HOA benefits. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in a prime location.
Estimated Market Value
$924,165+$74,165 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 7761 Spanish Lake Drive Subject | $850,000* List Price | 3 | 4 | 3,276 | $282 | - |
A 7625 SPANISH BAY Drive Sold | $1,100,000 | 3 | 4 | 3,277 | $336 | 0.3 mi |
B 7625 Spanish Bay Drive Sold | $1,100,000 | 3 | 4 | 3,276 | $336 | 0.3 mi |
C 5101 Breakers Lane Sold | $799,000 List Price | 3 | 3 | 2,870 | 0.2 mi | |
D 8460 Carmel Ridge Court Sold | $670,000 | 2 | 3 | 2,190 | $306 | 0.8 mi |
E 7655 Spanish Bay Drive Active | $980,000 List Price | 3 | 4 | 3,276 | $299 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986, this property is nearly 40 years old and falls into the 'Fair' category due to its dated interior. While well-maintained with some mid-life updates like granite countertops and stainless steel appliances, the kitchen and wet bar retain original oak cabinetry and 1980s styling. The home is functional and move-in ready but requires aesthetic and system modernizations to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Evelyn Stuckey Elementary School (9/10).
- Golf Course Frontage
The property offers sweeping golf course views from the master suite, living room, and kitchen, providing a premium country club living experience.
- Comprehensive HOA Benefits
The association fee covers significant maintenance items including roof repair and replacement, periodic exterior painting, and front yard landscaping, offering high value and peace of mind.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1986, the home may require capital improvements or modernization of major systems and finishes to meet current luxury market expectations.
- Local School Ratings
The assigned high schools for this address currently hold lower performance ratings, which may be a drawback for families prioritizing public education quality.
About 7761 Spanish Lake Drive
Beautiful Country Club home on the golf course. All bedrooms with en suite baths. Large Master bedroom with dual closets, balcony and sweeping golf views. Formal living room with vaulted ceilings, wet bar and golf views. Large kitchen with breakfast bar, informal dining area, granite counters and golf views. Kitchen opens to family room with golf views. One guest bedroom downstairs with en suite bath, walk in closet and private patio. HOA fees include fitness center, tennis, pools, spa, security system. security monitoring and response, front yard landscape and irrigation, periodic exterior paint, roof repair/replacement.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $432 / Month
Neighborhood Insights
Las Vegas Unified Schools
Frank Kim Elementary School
Grades PK-5 • 0.6 mi
5/10
P A Diskin Elementary School
Grades PK-5 • 1.2 mi
5/10
Marion B Earl Elementary School
Grades PK-5 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,276 | 1,961.945 |
| Lot Size | 6,534 | 6,098 |
| Price | $850.0K | $486.0K |
| Price per sq ft | $259 | $259 |
| Built year | 1986 | 2002 |
| HOA | $432 | $83 |
| Days on market | 4 | 62 |
Pricing History
Listed for Sale
Sep 5, 2026
$850,000
Initial Listing
Sold
Sep 15, 1995
$370,000
Public Record