823 Paseo Cerro Place, Las Vegas, NV 89138, Las Vegas, 89138 - 4 bed, 3 bath
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823 Paseo Cerro Place
Las Vegas, NV 89138
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,528Sq Ft
5,227Lot Size
Property Price
LIST PRICE$694,999
EST. MARKET VALUE
$665,204
4% AboveMARKET VALUE
SUMMARY
This Summerlin Single Family Residence is a Strong Value Opportunity, listed at $694,999—positioned above the $665,205 Fair Market Value. While the price reflects a premium, the home offers a Fair Condition Rating with high-end Cherry Hardwood Floors and Red Rock Mountain Views. The property provides a lifestyle-focused layout with an Oversized Kitchen and Plantation Shutters, though the detached garage and compact lot size are noted factors. This home is an ideal acquisition for Owner-Occupants or Summerlin Enthusiasts seeking a prestigious location near top-rated amenities.
Estimated Market Value
$665,204
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 |
|---|---|---|---|---|---|---|
★ 823 Paseo Cerro Place Subject | $694,999* List Price | 4 | 3 | 2,528 | $263 | - |
A 728 White Grotto Street Sold | $600,000 | 4 | 3 | 2,532 | $237 | 0.3 mi |
B 12133 Las Hurdes Avenue Sold | $650,000 | 4 | 3 | 2,534 | $257 | 0.5 mi |
C 11433 Valentino Lane Sold | $725,000 | 5 | 3 | 2,542 | $285 | 0.5 mi |
D 841 Colina Alta Place Sold | $750,000 | 4 | 3 | 2,648 | $283 | 0.1 mi |
E 776 Anacapri Street Sold | $598,000 | 4 | 3 | 2,532 | $236 | 0.4 mi |
F 11533 Crimson Rose Avenue Sold | $595,000 | 3 | 2 | 1,904 | $313 | 0.5 mi |
G 11909 Amistoso Lane Sold | $540,000 | 4 | 3 | 1,882 | $287 | 0.1 mi |
H 11821 Luna Del Mar Lane Sold | $545,000 | 3 | 3 | 1,882 | $290 | 0.2 mi |
I 600 Bachelor Button Street Active | $669,000 List Price | 4 | 3 | 2,470 | $271 | 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 2004, the property is 22 years old based on the 2026 listing date, placing it in the 'Fair' category (>20y). While the home shows pride of ownership and features high-quality cherry hardwood floors, the kitchen cabinetry and overall finishes are dated to the original construction era and have not undergone a recent modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Red Rock Views
Situated in the prestigious Summerlin community, the property offers stunning views of Red Rock Canyon and is minutes away from Downtown Summerlin, top-rated schools, and parks.
- High-End Interior Finishes
The home features premium cherry wood hardwood flooring throughout, plantation shutters, and custom built-ins, reflecting exceptional pride of ownership and a move-in-ready aesthetic.
- Spacious Gourmet Kitchen
The oversized kitchen serves as a central hub with a large island, stainless steel appliances, and ample space, making it ideal for both daily living and upscale entertaining.
CONSRISKS & DEFICIENCIES
- Detached Garage Configuration
The two-car garage is detached from the main residence, which may be a drawback for buyers seeking the convenience and security of direct interior access.
- Compact Lot Size
At 5,227 square feet, the lot is relatively small for a 2,500+ square foot home, resulting in limited backyard space for those desiring a larger private outdoor area.
About 823 Paseo Cerro Place
WELCOME TO THIS BEAUTIFUL SUMMERLIN HOME! THE PRIDE OF OWNERSHIP, WARMTH AND THE HARDWOOD FLOORS (CHERRY WOOD) RUN THROUGHOUT THIS OVER 2500 SQUARE FOOT, 4 BEDROOM AND 3 BATHROOM HOME! SEPARATE LIVING ROOM, SPACIOUS FAMILY ROOM AND DINING AREA! CUSTOM BOOKSHELF, PLANTATION SHUTTERS AND OVERSIZED KITCHEN WITH AN ISLAND AND STAINLESS STEEL APPLIANCES! BACKYARD FEATURES DETACHED TWO-CAR GARAGE, GATED LONG DRIVEWAY, PAVERS, DESERT LANDSCAPING AND AMAZING VIEWS OF RED ROCK! CLOSE TO PARKS, SCHOOLS, DOWNTOWN SUMMERLIN AND COMMUNITY POOL!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,528 | 1,961.945 |
| Lot Size | 5,227 | 6,098 |
| Price | $695.0K | $486.0K |
| Price per sq ft | $275 | $259 |
| Built year | 2004 | 2002 |
| HOA | $69 | $83 |
| Days on market | 4 | 62 |
Pricing History
Listed for Sale
Sep 5, 2026
$694,999
Initial Listing