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 is a Strong Value Opportunity, listed at $1,175,000—positioned well below the $1,292,589 Fair Market Value by 9%. This valuation gap secures $117,589 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the residence features owned solar panels, a 4-car garage, and a custom pool and spa on a sprawling 16,553 sqft lot. With mountain views and a gourmet kitchen, it perfectly balances investment logic with high-end living. This is an ideal match 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 | $1,175,000* List Price | 4 | 5 | 4,708 | $275 | - |
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, the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready with functional, high-end features including granite countertops, stainless steel appliances, and owned solar panels. While the cabinetry and tile reflect the original build era, the overall condition is excellent for its age with no visible deferred maintenance.
The property features fully owned solar panels, eliminating monthly power bills and providing a significant long-term financial advantage in the Las Vegas climate.
Situated on a massive 16,553 sqft lot, the backyard offers a custom pool and spa with fountains, plus pre-installed utility hookups for a future outdoor kitchen and patio.
A rare 4-car garage configuration, including a detached 2-car garage with an electric gate, provides ample room for vehicle collections, workshops, or additional storage.
The monthly association fee of $260, combined with the maintenance requirements of a 4,708 sqft home and large lot, represents a significant ongoing financial commitment.
While the backyard is plumbed and wired for an outdoor kitchen, the actual structures and appliances are not yet installed, requiring further investment to complete the entertainment space.
Beautiful 4-bedroom 5 bath, 4 car garage, pool/spa home in 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 | 56% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 4,708 | 1,990.5 | 94% |
| Lot Size | 16,553 | 5,227 | 88% |
| Price | $1.18M | $395.0K | 95% |
| Price per sq ft | $250 | $214 | 69% |
| Built year | 2007 | 1998 | 89% |
| HOA | $260 | $24 | 99% |
| Days on market | 52 | 613 | 0% |
Apr 23, 2026
$1,175,000
Initial Listing
Nov 9, 2017
$540,000
Public Record