7821 Red Leaf Drive, Las Vegas, NV 89131, Las Vegas, 89131 - 5 bed, 3 bath
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Las Vegas, NV 89131
This modernized Northwest estate is a Prime Investment Opportunity, listed at $579,900—positioned well below the $607,134 Fair Market Value by 4%. This valuation gap provides $27,234 in Instant Equity. Boasting a Condition Rating of 2, the home features a renovated chef’s kitchen, solar panels, and a Tesla EV charger. Located in a gated community near top-rated schools including James Bilbray Elementary and Arbor View High, offering serene mountain views, it balances high-end lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7821 Red Leaf Drive Subject | $579,900* List Price | 5 | 3 | 2,974 | $204 | - |
A 7736 Villa Andrade Avenue Sold | $660,000 | 5 | 5 | 3,691 | $179 | 0.3 mi |
B 8108 Walnut Roast Way Sold | $599,000 | 5 | 3 | 2,793 | $214 | 0.3 mi |
C 8108 WALNUT ROAST Way Sold | $599,000 | 5 | 3 | 2,793 | $214 | 0.3 mi |
D 7845 Evening Shadows Avenue Sold | $444,000 List Price | 5 | 3 | 2,220 | 0.2 mi | |
E 8125 Backpacker Court Sold | $525,000 | 3 | 3 | 2,494 | $211 | 0.5 mi |
F 7849 Meandering Light Avenue Sold | $510,000 | 5 | 3 | 2,220 | $230 | 0.1 mi |
G 8040 Pandur Street Active | $573,900 List Price | 5 | 3 | 2,793 | $205 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, this property has undergone extensive recent renovations that meet current market standards. The kitchen is fully modernized with quartz countertops, white cabinetry, and a large island. The home features new luxury LVP flooring throughout the main level, updated contemporary light fixtures, and high-value modern upgrades including solar panels and a Tesla EV charger. The bathrooms and living areas appear in pristine, move-in-ready condition with no signs of deferred maintenance.
The home is equipped with high-value features including a remodeled chef's kitchen with quartz countertops, luxury LVP flooring, solar panels, and a Tesla EV charger, offering both aesthetic appeal and long-term utility savings.
With nearly 3,000 sqft of living space, the floor plan is highly functional, featuring a desirable downstairs bedroom for guests or multi-generational living and a massive upstairs loft for additional entertainment space.
Situated in a secure gated community in the sought-after Northwest, the property offers serene mountain views from a private primary balcony and is conveniently located near Floyd Lamb Park and highly-rated schools.
The 5,663 square foot lot is relatively compact for a five-bedroom residence of this scale, which may limit outdoor expansion or provide less privacy from neighboring homes.
Built in 2003, while the interior has seen significant cosmetic updates, original core mechanical systems or roofing may be approaching the end of their typical life cycles compared to new construction.
*Step inside this exquisite estate, perfectly nestled within a gated community in the heart of the Northwest. An elegant formal living room leads you into a cozy family room ideal for relaxing nights or lively gatherings. The chef's kitchen offers a large island w/ a sink, stainless steel appliances, white cabinets, quartz countertops, & a walk-in pantry! Luxury LVP flooring throughout downstairs! A bedroom downstairs adds ultimate convenience! Upstairs, a huge loft is surrounded by 4 bedrooms. The primary suite is a true retreat, complete w/ a spa-like ensuite boasting a soaking tub, dual vanities, & a walk-in closet. Step onto the balcony to savor sunrise coffee or sunset skies w/ serene mountain views! Outside, the private backyard boasts real grass, a covered patio, & a charming fountain! Go Green w/ Solar Panels & a Tesla EV Charger! Just minutes from Floyd Lamb Park, Gilcrease Orchard, top-rated schools, shopping, & outdoor adventures—this is more than a home, it’s a lifestyle!!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 2.1 mi
Grades PK-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,974 | 2,257 | 74% |
| Lot Size | 5,663 | 6,970 | 38% |
| Price | $579.9K | $406.0K | 76% |
| Price per sq ft | $195 | $203 | 47% |
| Built year | 2003 | 2003 | 50% |
| HOA | $71 | $60 | 63% |
| Days on market | 29 | 1001 | 0% |
Mar 25, 2026
$579,900
Initial Listing