
Las Vegas, NV 89113
This Fully Renovated Luxury Residence is a High-Potential Investment Opportunity, with a List Price of $1,090,000—positioned well below the $1,497,565 Fair Market Value by 27%. This significant valuation gap provides $407,565 in Instant Equity. Boasting a Condition Rating of 2, the home features 24-foot ceilings, a custom chef’s kitchen, and access to the prestigious Spanish Trail guard-gated amenities. Zoned for Top-Rated Schools like Evelyn Stuckey Elementary (9/10), it perfectly balances high-end lifestyle with financial upside. This is an elite 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 |
|---|---|---|---|---|---|---|
★ 8051 Castle Pines Avenue Subject | $1,058,000 | 3 | 3 | 3,508 | $427 | - |
A 8244 Horseshoe Bend Lane Sold | $785,000 | 3 | 4 | 3,010 | $261 | 0.3 mi |
B 7625 Spanish Bay Drive Sold | $1,100,000 | 3 | 4 | 3,276 | $336 | 0.6 mi |
C 7625 SPANISH BAY Drive Sold | $1,100,000 | 3 | 4 | 3,277 | $336 | 0.6 mi |
D 8051 Castle Pines Avenue Sold | $1,058,000 | 3 | 3 | 3,508 | $302 | 0.0 mi |
E 7625 Spanish Bay Drive Sold | $1,100,000 | 3 | 4 | 3,276 | $336 | 0.6 mi |
F 7625 Spanish Bay Drive Sold | $1,100,000 | 3 | 4 | 3,276 | $336 | 0.6 mi |
G 8188 Horseshoe Bend Lane Active | $1,060,000 List Price | 3 | 3 | 3,010 | $352 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has undergone a comprehensive, high-end renovation within the last 5 years. The update includes a brand-new custom kitchen with new appliances, fully remodeled bathrooms, high-quality laminate flooring, a new tankless water heater, and a level 5 smooth drywall finish, meeting all criteria for a virtually new home.
Elementary School: Evelyn Stuckey Elementary School (9/10).
This property is effectively a new home within an established shell, featuring high-end upgrades including Level 5 smooth drywall, custom cabinetry, tankless water heater, and Swiss track garage flooring.
Situated in the highly sought-after Spanish Trail community, the home offers a premium level of security, privacy, and status in one of Las Vegas's most established luxury subdivisions.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At $423 per month, the HOA dues are relatively high, which increases the monthly carrying costs for the homeowner compared to other residential areas.
The property is zoned for several middle and high schools with lower performance ratings (4 out of 10), which may be a concern for families prioritizing public education quality.
Luxury, Location, and Lifestyle converge in this fully renovated home is located in the highly sought-after Spanish Trail, guard gated community in Las Vegas. Spanning over 3,500 sq.ft. W/ massive primary with balcony and two oversized guest rooms plus den. Every detail has been updated with BRAND NEW, including custom kitchen cabinet, all appliances, huge kichen islands, 3 electric fireplaces, high-quality laminate flooring throughout, new paint with level 5 smooth drywall finish, modern stair-rail, all new bathrooms, new tankless water heater and new light fixture. 24-foot high ceilings and abundance of large windows let in plenty of natural light, multiple door leading to backyard from living room & family room, kitchen has a door to connect to the courtyard, plus den with a door to sideyard. 3 car garage's floor finishes with Swiss track floor, making it easy to maintain amd keep tidy with built in storage system. The list of upgrades is too extensive to include here, so Must- See!
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,508 | 2,467.5 | 83% |
| Lot Size | 7,841 | 5,663 | 69% |
| Price | $1.06M | $485.0K | 83% |
| Price per sq ft | $302 | $241 | 76% |
| Built year | 1988 | 2006 | 9% |
| HOA | $423 | $56 | 94% |
| Days on market | 185 | 501 | 23% |
No pricing history data available.