820 Paseo Cerro Place, Las Vegas, NV 89138, Las Vegas, 89138 - 3 bed, 3 bath
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820 Paseo Cerro Place
Las Vegas, NV 89138
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,332Sq Ft
5,227Lot Size
Property Price
LIST PRICE$689,000
EST. MARKET VALUE
$686,828
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $699,000—positioned slightly above the $687,683 Fair Market Value. While the price reflects the premium Summerlin location, the property maintains a Good Condition Rating and features a private backyard oasis with a pool. Situated in the Paseos community, this home offers an active lifestyle near Red Rock Canyon and Downtown Summerlin. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or professional couples prioritizing location and recreation.
Estimated Market Value
$686,828
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 |
|---|---|---|---|---|---|---|
★ 820 Paseo Cerro Place Subject | $689,000* List Price | 3 | 3 | 2,332 | $295 | - |
A 12133 Las Hurdes Avenue Sold | $650,000 | 4 | 3 | 2,534 | $257 | 0.5 mi |
B 11433 Valentino Lane Sold | $725,000 | 5 | 3 | 2,542 | $285 | 0.5 mi |
C 1013 Puerta Del Sol Drive Sold | $679,300 | 3 | 3 | 2,440 | $278 | 0.5 mi |
D 11533 Crimson Rose Avenue Sold | $595,000 | 3 | 2 | 1,904 | $313 | 0.5 mi |
E 11337 Via Spiga Drive Sold | $750,000 | 3 | 3 | 2,003 | $374 | 0.6 mi |
F 11821 Luna Del Mar Lane Sold | $545,000 | 3 | 3 | 1,882 | $290 | 0.1 mi |
G 841 Colina Alta Place Sold | $750,000 | 4 | 3 | 2,648 | $283 | 0.2 mi |
H 728 White Grotto Street Sold | $600,000 | 4 | 3 | 2,532 | $237 | 0.2 mi |
I 561 Ivy Spring Street Active | $698,750 List Price | 4 | 3 | 2,306 | $303 | 0.3 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 2004 (22 years old), the property is exceptionally well-maintained and move-in ready. Despite being slightly over the 20-year threshold for 'Fair', the interior shows updated flooring, high-quality plantation shutters, and a pristine backyard pool area, indicating it does not currently need the repairs or updates typically associated with a 'Fair' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Summerlin Location
Situated in the highly desirable Paseos community, the property offers exceptional proximity to Downtown Summerlin, the Las Vegas Ballpark, and Red Rock Canyon for world-class dining and recreation.
- Abundant Natural Light
The home is designed to maximize natural lighting throughout, creating an inviting and airy atmosphere that enhances the overall living and entertaining experience.
- Outdoor Lifestyle Integration
Featuring a private backyard oasis and located just a five-minute walk from Paseos Park and extensive bike paths, the property is ideal for those prioritizing an active outdoor lifestyle.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
With a lot size of 5,227 square feet, the outdoor space may feel restrictive for buyers seeking a large yard or significant distance from neighboring properties.
- Aging Major Systems
Built in 2004, the property is reaching a 20-year milestone where original mechanical systems and aesthetic finishes may require updates to remain competitive with newer area developments.
About 820 Paseo Cerro Place
Right in the heart of Summerlin in the Paseos community, this beautifully maintained home is just minutes away from Downtown Summerlin providing over 125 retail stores and restaurants. Las Vegas Ball Park only 2 miles away, City National Arena 2 miles away, Red Rock Canyon 12 minutes away providing a scenic drive, hiking, biking and rock climbing. Only a 5 minute walk to the Paseos park as well as bike paths. This gem breathes tons of natural lighting with inviting space for everyday living/entertaining and a private backyard oasis - the perfect place to relax or host family and friends. Come experience the Summerlin lifestyle for yourself.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $69 / Month
Neighborhood Insights
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 | 2,332 | 1,961.945 |
| Lot Size | 5,227 | 6,098 |
| Price | $689.0K | $486.0K |
| Price per sq ft | $295 | $259 |
| Built year | 2004 | 2002 |
| HOA | $69 | $83 |
| Days on market | 44 | 62 |
Pricing History
Listed for Sale
Sep 3, 2026
$689,000
$699,000
-1% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$699,000
Initial Listing