8509 Festival Drive, Las Vegas, NV 89134, Las Vegas, 89134 - 2 bed, 2 bath
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Las Vegas, NV 89134
This Modernized Single-Story Residence is a High-Potential Investment Opportunity, listed at $414,900—positioned well below the $474,270 Fair Market Value by 12%. This valuation gap provides $59,370 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a Granite Kitchen, brand-new mechanical systems, and Scenic Mountain Views. Located in Sun City Summerlin near Top-Rated Schools like Sig Rogich Middle, it offers a turnkey lifestyle with significant financial upside. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8509 Festival Drive Subject | $414,900* List Price | 2 | 2 | 1,188 | $399 | - |
A 8816 Stoney Point Drive Sold | $378,000 List Price | 2 | 2 | 1,172 | 0.5 mi | |
B 8505 Festival Drive Sold | $300,000 | 2 | 2 | 1,119 | $268 | 0.0 mi |
C 9100 Litchfield Avenue Sold | $400,000 | 2 | 2 | 1,105 | $362 | 0.7 mi |
D 9100 Litchfield Avenue Sold | $400,000 | 2 | 2 | 1,105 | $362 | 0.7 mi |
E 9100 Litchfield Avenue Sold | $400,000 | 2 | 2 | 1,105 | $362 | 0.7 mi |
F 8801 Villa Ridge Drive Sold | $405,000 | 2 | 2 | 1,119 | $362 | 0.4 mi |
G 9032 LITCHFIELD Avenue Active | $449,999 List Price | 2 | 2 | 1,188 | $379 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 1989 build year. It features significant recent mechanical upgrades, including a brand-new AC system and water heater. The kitchen has been updated with granite countertops and new stainless steel appliances, although the cabinetry and fluorescent lighting remain in a more traditional style. The flooring and overall interior condition show minimal wear and tear, meeting the criteria for a well-maintained home with major systems within their functional lifespan.
The property features a brand-new AC system, water heater, and replaced irrigation lines, offering the buyer immediate peace of mind and reduced maintenance costs.
The kitchen is well-appointed with granite countertops, stainless steel appliances, a reverse osmosis system, and brand-new range and dishwasher.
The home boasts desirable mountain views and a private, low-maintenance backyard with a covered patio, enhancing the outdoor living experience.
At 1,188 square feet, the home is relatively small for a single-family residence, which may limit its appeal to buyers needing more interior space or storage.
Despite recent surface and mechanical upgrades, the 1989 construction year suggests that other original structural or utility components may be nearing the end of their functional lifespan.
Welcome to this bright and well-maintained single-story home featuring a functional floor plan and numerous upgrades. The spacious living and dining area offers vaulted ceilings, neutral tile flooring, and abundant natural light. The kitchen is appointed with granite countertops, stainless steel appliances, ample cabinetry including a wall of pantry storage, and a reverse osmosis water filter system. The primary suite highlights a bay window and walk-in closet, while the secondary room provides flexibility for guests, an office, or hobbies. Recent upgrades include a brand-new AC system, brand-new Water Heater, brand-new range and dishwasher, plus replaced irrigation lines for added peace of mind. Outside, enjoy a private low-maintenance yard with covered patio—perfect for relaxing or entertaining. Conveniently located near shopping, dining, and community amenities, this move-in ready property combines modern comfort, smart updates, and timeless appeal in one inviting home.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,188 | 1,784 | 9% |
| Lot Size | 6,970 | 7,405 | 44% |
| Price | $414.9K | $440.0K | 45% |
| Price per sq ft | $349 | $280 | 75% |
| Built year | 1989 | 1994 | 14% |
| HOA | $230 | $137 | 81% |
| Days on market | 51 | 612 | 0% |
Mar 2, 2026
$414,900
Initial Listing
Jan 9, 2003
$143,000
Public Record