8112 Sapphire Bay Circle, Las Vegas, NV 89128, Las Vegas, 89128 - 4 bed, 5 bath
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Las Vegas, NV 89128
This Spacious Desert Shores Residence is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,317,738 Fair Market Value by 9%. This valuation gap offers $118,738 in Instant Equity. Featuring a 4,243 sqft layout, Solar Panels, and a Granite Kitchen, the home maintains a Condition Rating of 4. Located in a premier community with Top-Rated Schools like Palo Verde High, this property is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors prioritizing long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8112 Sapphire Bay Circle Subject | $1,199,000* List Price | 4 | 5 | 4,243 | $311 | - |
A 2972 Sun Lake Drive Sold | $1,050,000 | 4 | 4 | 3,014 | $348 | 0.3 mi |
B 8124 tiara Cove Active | $1,050,000 List Price | 4 | 4 | 3,935 | $267 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property is well-maintained but reflects its age with a dated kitchen style and older carpet in primary areas. While functional and move-in ready with some updated systems like solar panels and a new washer/dryer, the overall aesthetic and original cabinetry/fixtures fall into the >20-year category requiring cosmetic updates.
Located in the prestigious Desert Shores gated community, residents enjoy access to four man-made lakes, a lagoon-style pool with a sandy beach, and extensive recreational facilities including volleyball and basketball courts.
The expansive 4,243 sqft floor plan features all en-suite bedrooms, including a convenient downstairs suite with backyard access and a grand primary retreat with a private balcony and steam shower.
The property is equipped with high-value functional upgrades including solar panels, a central vacuum system, reverse osmosis, and a water softener, offering both sustainability and convenience.
Built in 1994, the home features a sunken family room and specific 'Cinderella' staircase styling that may feel dated to buyers looking for a contemporary, level open-concept design.
Despite the large lot size, the backyard features an above-ground jacuzzi rather than a built-in pool, which may be considered a drawback for a luxury residence at this price point.
DESERT SHORES GATED COMMUNITY* 2Story* 4243squft/12197 Lotsize* 4Bedroom/5Bath* Grand Entry Formal Living & Dining Room w/ Fireplace* High Cathedral Ceiling* Wet Bar* Sunken Family Room w/ Fireplace & Build-In Shelves* Kitchen Features Granite Counters* Large Island* Double Oven* Butlers Pantry* Downstairs Laundry Room w/ Brand New Washer & Dryer, Cabinets & Sink* Downstairs En-suite Bedroom w/ Murphy Bed & Backyard Access* Cinderella Stair Case w/ Landing* Primary Bedroom w/ Fireplace, French Doors to Private Balcony *Primary Bath w/ His & Hers Sinks* Large Walk-In Closet, Separate Steam Shower & Jacuzzi Tub* Skylights & Ceiling Fans Throughout* Spacious Ensuite 2nd & 3rd Bedrooms* 3rd Bedroom w/ Private Balcony* Backyard w/ Covered Patio, Built-In BBQ, Ceiling Fans, Above Ground Jacuzzi* Property Also Features Upstairs Laundry Chute w/ Cabinets, Central Vacuum, Solar Panels, Reverse Osmosis & Water Softener Unit* 3Car Garage w/ Storage Room & Exterior Door* Community Features 4 Manmade Lakes, Lagoon Style Swimming Pool w/ Sandy Beach, Lush Picnic Areas, Volleyball, Basketball, & Playground* Located Near Freeway Entrance & Shopping
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 5.0 | 3.0 | 99% |
| Square foot | 4,243 | 1,992 | 99% |
| Lot Size | 12,197 | 5,227 | 98% |
| Price | $1.20M | $401.0K | 99% |
| Price per sq ft | $283 | $228 | 81% |
| Built year | 1994 | 1992 | 66% |
| HOA | $115 | $0 | 85% |
| Days on market | 17 | 1138 | 0% |
May 28, 2026
$1,199,000
Initial Listing