8125 Dolphin Landing Drive, Las Vegas, NV 89128, Las Vegas, 89128 - 3 bed, 3 bath
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8125 Dolphin Landing Drive
Las Vegas, NV 89128
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,582Sq Ft
3,485Lot Size
Property Price
LIST PRICE$410,000
EST. MARKET VALUE
$425,035
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $410,000—positioned well below the $425,035 Fair Market Value by 3%. This valuation gap offers $15,035 in Instant Equity for buyers willing to execute a renovation plan. Featuring a Resort-Style Backyard Oasis with a pool and waterfall, the home has a Condition Rating of 4, requiring cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through sweat equity.
Estimated Market Value
$425,035+$15,035 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 8125 Dolphin Landing Drive Subject 3 bd · 3 ba · 1,582 sqft · $269 | $410,000* List Price | 3 | 3 | 1,582 | $269 | - |
A 8133 Bay Springs Drive Sold 3 bd · 2 ba · 1,424 sqft · $295 · 0.1 mi | $420,000 | 3 | 2 | 1,424 | $295 | 0.1 mi |
B 8233 Hydra Lane Sold 3 bd · 3 ba · 1,434 sqft · $314 · 0.3 mi | $450,000 | 3 | 3 | 1,434 | $314 | 0.3 mi |
C 8233 Hydra Lane Sold 3 bd · 3 ba · 1,434 sqft · 0.3 mi | $480,000 List Price | 3 | 3 | 1,434 | 0.3 mi | |
D 8209 Hydra Lane Sold 3 bd · 3 ba · 1,259 sqft · $306 · 0.3 mi | $385,000 | 3 | 3 | 1,259 | $306 | 0.3 mi |
E 8057 Cimarron Ridge Drive Sold 3 bd · 3 ba · 1,259 sqft · $290 · 0.3 mi | $365,000 | 3 | 3 | 1,259 | $290 | 0.3 mi |
F 8325 Classic Villa Court Sold 4 bd · 3 ba · 2,080 sqft · $221 · 0.2 mi | $460,000 | 4 | 3 | 2,080 | $221 | 0.2 mi |
G 8124 Kokoma Drive Pending 3 bd · 3 ba · 1,756 sqft · $216 · 0.0 mi | $380,000 List Price | 3 | 3 | 1,756 | $216 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1993 (31 years old) with partial renovations to the kitchen and bathrooms that appear to be 10-15 years old. While it features stone countertops and a pool, the listing explicitly mentions 'sweat equity' and 'potential,' and photos show cosmetic issues like ceiling marks and worn carpeting, indicating a need for updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Backyard Oasis
The property features a premium outdoor space with a sparkling pool, waterfall, slide, and grotto, offering a luxury amenity rarely found at this price point.
- Value-Add Opportunity
With stone countertops and tile flooring already in place, this home provides a solid foundation for buyers to build immediate equity through cosmetic updates and 'sweat equity'.
- Strategic Location
Situated near Summerlin Parkway, the home offers excellent accessibility to high-end shopping, dining, and parks, enhancing its long-term desirability.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 3,485-square-foot lot is relatively small, which may feel cramped given the extensive pool features and could limit additional outdoor utility.
- Underperforming Elementary School
The assigned elementary school has a low rating of 2/10, which could be a significant concern for families prioritizing educational quality.
About 8125 Dolphin Landing Drive
Discover the potential in this spacious 3-bedroom, 2.5-bath home featuring a 2-car garage and a fantastic backyard retreat. The interior offers glass tile backsplash, tile flooring, and stone countertops throughout, creating a solid foundation for your personal updates and design vision. Step outside to your own private resort-style oasis, complete with a sparkling swimming pool featuring a waterfall, slide, and grotto. The covered patio provides the perfect space for entertaining, relaxing, and enjoying the outdoors year-round. This is an ideal opportunity for a buyer looking for a home with great features and the chance to add value through a little sweat equity. Conveniently located near shopping, restaurants, parks, and with easy access to Summerlin Parkway, this home offers both lifestyle and location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $150 / Month
Neighborhood Insights
Las Vegas Unified Schools
Edythe & Lloyd Katz Elementary School
Grades PK-5 • 1.5 mi
4/10
James B Mcmillan Elementary School
Grades PK-5 • 1.5 mi
2/10
Walter Johnson Junior High School
Grades 6-8 • 1.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,582 | 1,959.772 |
| Lot Size | 3,485 | 5,961.915 |
| Price | $410.0K | $484.5K |
| Price per sq ft | $259 | $259 |
| Built year | 1993 | 2001 |
| HOA | $150 | $82 |
| Days on market | 23 | 62 |
Pricing History
Listed for Sale
Oct 1, 2026
$410,000
Initial Listing