7982 Lookout Rock Circle, Las Vegas, NV 89129, Las Vegas, 89129 - 4 bed, 5 bath
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Las Vegas, NV 89129
This Luxury Gated Estate represents a Strong Value Opportunity, listed at $1,225,000—positioned well below the $1,315,496 Fair Market Value by 6%. This valuation gap secures $90,496 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the residence features owned solar panels with no monthly power bills, a granite kitchen, and a custom pool/spa oasis. With a 4-car garage, mountain views, and a downstairs guest suite, it balances financial upside with high-end utility. This is an ideal acquisition for Luxury Home Seekers or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7982 Lookout Rock Circle Subject | $1,199,000* List Price | 4 | 5 | 4,708 | $277 | - |
A 8075 Palm Cove Court Sold | $1,375,000 | 4 | 4 | 4,417 | $311 | 0.3 mi |
B 8075 PALM COVE Court Sold | $1,375,000 | 4 | 4 | 4,417 | $311 | 0.3 mi |
C 8075 Palm Cove Court Sold | $1,375,000 | 4 | 4 | 4,417 | $311 | 0.3 mi |
D 8275 W Craig Road Sold | $1,100,000 | 4 | 3 | 3,785 | $291 | 0.4 mi |
E 7370 Woodstone Court Sold | $850,000 List Price | 4 | 5 | 3,184 | 0.8 mi | |
F 8102 Mackenzie Court Sold | $899,999 List Price | 3 | 4 | 3,587 | 0.2 mi | |
G 7947 Lookout Rock Circle Active | $1,299,000 List Price | 4 | 5 | 4,708 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year range for a 'good' condition rating. The home is move-in ready and appears well-maintained with no visible deferred maintenance. The kitchen is equipped with high-end stainless steel appliances, a built-in refrigerator, and granite countertops. While the cabinetry and tile flooring reflect the styles of the mid-2000s, the overall quality is high, and the addition of owned solar panels and a custom pool/spa adds significant value and modern functionality.
The property features fully owned solar panels that eliminate monthly power bills, providing a significant financial advantage and sustainability in the Las Vegas climate.
Situated on a generous 16,553 sqft lot, the backyard serves as a private oasis with a custom pool, spa, and a detached two-car garage accessible via an electric gate.
The floor plan is highly functional, featuring a downstairs guest suite and en-suite bathrooms for all bedrooms, including a primary suite with an exceptionally large walk-in closet.
The monthly association fee of $260, while supporting the gated community infrastructure, represents a significant recurring expense for the homeowner.
With a build date of 2007, certain architectural elements and finishes may require cosmetic updates to align with the contemporary tastes of modern luxury buyers.
Beautiful 4-bedroom 5 bath, 4 car garage, pool/spa home in the gated Lamplight Glen @ Craig. Granite countertops, stainless steel appliances, built-in fridge, wine fridge are just a few of the upgrades in the kitchen. There is a guest bedroom downstairs with full bath, other bedrooms upstairs each have own bathrooms. The primary bedroom features an oversized shower and separate tub; the closet is a bedroom itself. There is an electric gate that opens to a detached two car garage in the backyard. The custom pool/spa is top notch with fountains; this backyard oasis is perfect for entertaining family and friends. Backyard also has gas, plumbing and electrical set up for outdoor patio, kitchen and bbq. The home also has solar panels that are owned, no power bills monthly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 4,708 | 2,062 | 95% |
| Lot Size | 16,553 | 5,227 | 88% |
| Price | $1.20M | $390.0K | 95% |
| Price per sq ft | $255 | $209 | 73% |
| Built year | 2007 | 1999 | 87% |
| HOA | $260 | $25 | 99% |
| Days on market | 30 | 790 | 0% |
Apr 16, 2026
$1,199,000
$1,225,000
-2% Price Drop
Initial Listing
Mar 23, 2026
$1,225,000
Initial Listing
Nov 9, 2017
$540,000
Public Record