8125 Tiara Cove Circle, Las Vegas, NV 89128, Las Vegas, 89128 - 4 bed, 4 bath
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8125 Tiara Cove Circle
Las Vegas, NV 89128
ACTIVE
CONDITION: FAIR
4Beds
4Baths
2,790Sq Ft
11,326Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$802,915
11% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well above the $802,916 Fair Market Value by -11%. While the pricing reflects a premium, the Fair Condition Rating and 1990s-era finishes offer significant upside for forced appreciation through modernization. Featuring a spacious 2,790 sqft single-story layout on a large 11,326 sqft lot, this home provides a rare canvas for personalization. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prime, gated Desert Shores lifestyle.
Estimated Market Value
$802,915
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 Tiara Cove Circle Subject 4 bd · 4 ba · 2,790 sqft · $288 | $899,000* List Price | 4 | 4 | 2,790 | $288 | - |
A 2809 Sterling Cove Drive Sold 5 bd · 3 ba · 3,049 sqft · $320 · 0.2 mi | $975,000 | 5 | 3 | 3,049 | $320 | 0.2 mi |
B 7901 Magnolia Glen Avenue Sold 4 bd · 4 ba · 2,775 sqft · $234 · 0.8 mi | $650,000 | 4 | 4 | 2,775 | $234 | 0.8 mi |
C 7921 Rockbridge Circle Sold 4 bd · 5 ba · 3,022 sqft · $245 · 0.3 mi | $740,800 | 4 | 5 | 3,022 | $245 | 0.3 mi |
D 2808 Sterling Cove Drive Sold 5 bd · 3 ba · 3,049 sqft · $321 · 0.2 mi | $980,000 | 5 | 3 | 3,049 | $321 | 0.2 mi |
E 2421 La Seyne Court Sold 4 bd · 3 ba · 3,609 sqft · $305 · 0.4 mi | $1,100,000 | 4 | 3 | 3,609 | $305 | 0.4 mi |
F 7813 Waterfalls Avenue Sold 4 bd · 4 ba · 2,774 sqft · $247 · 0.8 mi | $685,000 | 4 | 4 | 2,774 | $247 | 0.8 mi |
G 8200 Ocean Gate Way Pending 3 bd · 2 ba · 2,393 sqft · $292 · 0.3 mi | $699,000 List Price | 3 | 2 | 2,393 | $292 | 0.3 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 1995 (29 years old), the home is functional but dated, fitting the 'Fair' criteria for properties over 20 years old without significant renovations. The kitchen retains original honey oak cabinetry and white built-in appliances, and the marble flooring and architectural details are characteristic of the 1990s. The listing description explicitly notes the opportunity for a buyer to 'personalize' the home, indicating a need for cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2790.
- Prime Lakeside Location
Situated in the exclusive gated enclave of Diamond Bay within Desert Shores, offering residents access to scenic walking paths, Lake Jacqueline, and high-end waterfront dining.
- Desirable Single-Story Layout
The property features a spacious 2,790 sqft single-story floor plan on a generous 11,326 sqft pool-sized lot, a rare combination that provides both accessibility and ample outdoor potential.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Potential Renovation Costs
The property is marketed as an opportunity to personalize, suggesting that the 1990s-era finishes and original features may require significant capital investment to meet modern luxury standards.
- Inconsistent School Ratings
While the area is served by some highly-rated elementary and middle schools, the assigned high school currently holds a lower rating, which may be a consideration for families.
About 8125 Tiara Cove Circle
Rare opportunity for single-story living in Diamond Bay, an exclusive gated enclave within the highly desirable Desert Shores community near Summerlin. Homes in Diamond Bay rarely come to market, making this 4 bedroom residence a unique opportunity to personalize a home around your own style & vision. The spacious floor plan offers marble flooring, a formal dining room, generous living areas, & two Jacuzzi tubs located in the primary & guest baths. The pool-sized lot provides ample space to create a private backyard retreat designed around your lifestyle. Outside the gates, experience the Desert Shores lifestyle with scenic walking paths around Lake Jacqueline & waterfront dining at nearby Marché Bacchus & Americana. Enjoy convenient access to Summerlin along with shopping, dining, entertainment, parks, & everyday conveniences. An exceptional combination of gated privacy, single-story living, generous outdoor space, & the freedom to make this home your own in one of Las Vegas' most established lakeside communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $160 / Month
Neighborhood Insights
Las Vegas Unified Schools
Richard H Bryan Elementary School
Grades PK-5 • 1.1 mi
6/10
Marc Kahre Elementary School
Grades PK-5 • 1.1 mi
5/10
Dorothy Eisenberg Elementary School
Grades PK-5 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,790 | 1,959.772 |
| Lot Size | 11,326 | 5,961.915 |
| Price | $899.0K | $484.5K |
| Price per sq ft | $322 | $259 |
| Built year | 1995 | 2001 |
| HOA | $160 | $82 |
| Days on market | 19 | 62 |
Pricing History
Listed for Sale
Oct 5, 2026
$899,000
Initial Listing
Sold
May 9, 1996
$336,000
Public Record