8112 Sapphire Bay Circle, Las Vegas, NV 89128, Las Vegas, 89128 - 4 bed, 5 bath
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8112 Sapphire Bay Circle
Las Vegas, NV 89128
ACTIVE
CONDITION: GOOD
4Beds
5Baths
4,243Sq Ft
12,197Lot Size
Property Price
LIST PRICE$959,000
EST. MARKET VALUE
$953,216
SUMMARY
This Spacious Luxury Residence is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,308,846 Fair Market Value by 8%. This valuation gap offers $109,846 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a Granite Kitchen, Solar Panels, and a Private Jacuzzi. Located in the prestigious Desert Shores community, it offers a premium lifestyle near top-rated schools. This is an ideal acquisition for Owner-Occupants seeking luxury or discerning families prioritizing community amenities.
Estimated Market Value
$953,216
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8112 Sapphire Bay Circle Subject | $959,000* List Price | 4 | 5 | 4,243 | $225 | - |
A 7813 Waterfalls Avenue Sold | $685,000 | 4 | 4 | 2,774 | $247 | 0.8 mi |
B 7921 Rockbridge Circle Active | $795,000 List Price | 4 | 5 | 3,022 | $263 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1994, the property shows evidence of high-end renovations (granite counters, professional-grade stainless appliances, and updated bathroom tiling) likely performed within the last 10-15 years. The home is well-maintained, move-in ready, and features updated systems including solar panels and a water softener.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Community Amenities
Situated in the prestigious Desert Shores gated community, the property offers an unparalleled lifestyle with access to four man-made lakes, a lagoon-style pool with a sandy beach, and extensive sports facilities.
- Expansive Luxury Layout
The 4,243 sqft floor plan features grand cathedral ceilings, a downstairs en-suite guest room, and high-value upgrades including solar panels, a central vacuum system, and a reverse osmosis unit.
- Exceptional Primary Retreat
The primary suite serves as a private sanctuary with mountain views, a fireplace, a private balcony, and a spa-like bathroom featuring a steam shower and jacuzzi tub.
CONSRISKS & DEFICIENCIES
- Dated Architectural Features
Built in 1994, the home includes design elements like a sunken family room and a 'Cinderella' staircase that may feel dated to modern buyers looking for a contemporary open-concept aesthetic.
- Inconsistent School Ratings
While the elementary and middle schools are well-rated, the assigned high school has a significantly lower rating of 3, which may be a concern for education-focused families.
About 8112 Sapphire Bay Circle
PRICE REDUCTION**. 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
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $115 / Month
Neighborhood Insights
Las Vegas Unified Schools
Marc Kahre Elementary School
Grades PK-5 • 1.0 mi
5/10
Dorothy Eisenberg Elementary School
Grades PK-5 • 1.1 mi
6/10
Richard H Bryan Elementary School
Grades PK-5 • 1.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,243 | 1,961.945 |
| Lot Size | 12,197 | 6,098 |
| Price | $959.0K | $486.0K |
| Price per sq ft | $226 | $259 |
| Built year | 1994 | 2002 |
| HOA | $115 | $83 |
| Days on market | 104 | 62 |
Pricing History
Listed for Sale
Sep 4, 2026
$959,000
$999,999
-4% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$999,999
$1,189,000
-16% Price Drop
Initial Listing
Price Change
Jul 1, 2026
$1,189,000
$1,199,000
-1% Price Drop
Initial Listing
Price Change
May 28, 2026
$1,199,000
Initial Listing