8228 Ocean Terrace Way, Las Vegas, NV 89128, Las Vegas, 89128 - 5 bed, 3 bath
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Las Vegas, NV 89128
This Stunning Move-In Ready Residence is a Prime Investment Opportunity, listed at $818,000—positioned well below the $836,207 Fair Market Value by 2%. This valuation gap provides $18,207 in Instant Equity. Boasting an Excellent Condition Rating with a renovated Gourmet Chef’s Kitchen, the home features a Private Backyard Oasis and 15-foot ceilings. Proximity to the 7-rated Ernest Becker Middle and 6-rated Richard H Bryan Elementary ensures long-term desirability. This is an ideal acquisition for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8228 Ocean Terrace Way Subject | $818,000* List Price | 5 | 3 | 3,490 | $240 | - |
A 8229 Aqua Spray Avenue Sold | $618,000 | 5 | 3 | 3,698 | $167 | 0.1 mi |
B 8233 TIVOLI COVE Drive Sold | $685,000 | 5 | 3 | 3,490 | $196 | 0.1 mi |
C 8233 Tivoli Cove Drive Sold | $685,000 | 5 | 3 | 3,490 | $196 | 0.1 mi |
D 8312 Aqua Spray Avenue Sold | $820,000 | 5 | 3 | 3,698 | $222 | 0.1 mi |
E 8233 TIVOLI COVE Drive Sold | $685,000 | 5 | 3 | 3,490 | $196 | 0.1 mi |
F 8233 Tivoli Cove Drive Sold | $685,000 | 5 | 3 | 3,490 | $196 | 0.1 mi |
G 8240 Tivoli Cove Drive Active | $675,000 List Price | 5 | 3 | 3,698 | $183 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1990, the property is in move-in ready condition with significant updates. The kitchen has been renovated with custom dark wood cabinetry, stone countertops, a mosaic tile backsplash, and stainless steel appliances. The interior features updated large-format tile and wood-style flooring, modern light fixtures, and well-maintained living spaces. While the architectural style reflects its original build date, the level of renovation and maintenance exceeds the 'fair' category.
The property features a private pool and spa, providing an essential retreat for relaxation and cooling off during the intense Las Vegas summer months.
With soaring ceilings exceeding 15 feet and a spacious 3,490 square foot layout, the home offers an airy, luxurious feel complemented by a wet bar and fireplace for high-end entertaining.
The residence boasts a high-end kitchen equipped with stone countertops and custom cabinetry, paired with an oversized separate dining room ideal for large family gatherings.
Built in 1990, the home may require updates to its original mechanical systems or aesthetic finishes to align with the expectations of modern luxury buyers.
The 6,098 square foot lot is relatively modest for a home of this scale, resulting in limited additional yard space or privacy buffers beyond the pool area.
Welcome to 8228 Ocean Terrace Way. Nestled among sparkling lakes, tree-lined streets, quiet neighborhoods, and expansive walking and jogging paths, this exceptional home offers both privacy and close proximity to dining and recreation. Full primary upstairs with downstairs bedroom and full bathrom. This beautiful residence features five bedrooms, each with its own unique character, including built-in bookshelves and desks, as well as soaring ceilings of over 15 feet. Step outside to your private backyard oasis, complete with a pool and spa that provide the perfect setting for relaxation while keeping cool during the summer months. Inside, a wet bar downstairs located adjacent to an impressive fireplace creates an ideal space for entertaining guests. The chef’s kitchen boasts stone countertops, custom cabinetry, and ample space for preparing meals, while the oversized dining room, separate from the kitchen, is perfect for family dinners and special occasions.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.6 mi
Grades PK-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,490 | 1,994 | 95% |
| Lot Size | 6,098 | 5,227 | 56% |
| Price | $818.0K | $408.0K | 96% |
| Price per sq ft | $234 | $227 | 55% |
| Built year | 1990 | 1992 | 44% |
| HOA | $115 | $0 | 84% |
| Days on market | 29 | 1154 | 0% |
Mar 24, 2026
$818,000
Initial Listing