8716 Castle Hill Avenue, Las Vegas, NV 89129, Las Vegas, 89129 - 5 bed, 3 bath
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Las Vegas, NV 89129
This Multi-Generational Residential Asset is a Prime Investment Opportunity, listed at $874,000—positioned well below the $898,365 Fair Market Value by 2%. This valuation gap offers $24,365 in Instant Equity. Featuring a Condition Rating of 3, the home includes a finished basement, private multi-gen suite, and an oversized pool and spa. While school ratings are moderate, the property’s massive 4,979 sqft footprint provides significant utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible, large-scale living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8716 Castle Hill Avenue Subject | $874,000* List Price | 5 | 3 | 4,979 | $180 | - |
A 3904 Diamond Ridge Street Sold | $640,000 | 5 | 3 | 3,417 | $187 | 0.6 mi |
B 3805 White Castle Street Sold | $675,000 | 5 | 3 | 3,215 | $210 | 0.3 mi |
C 3702 River Canyon Road Sold | $639,000 | 5 | 3 | 3,215 | $199 | 0.5 mi |
D 3637 Carol Lark Court Sold | $700,000 | 5 | 4 | 3,387 | $207 | 0.5 mi |
E 3905 Larkcrest Street Active | $675,000 List Price | 5 | 3 | 3,215 | $210 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1998 but features significant modern updates including wide-plank flooring, a refreshed kitchen with stainless steel appliances and stone countertops, and updated lighting fixtures. The presence of solar panels and the well-maintained interior indicate the property is move-in ready and fits the 5-15 year renovation criteria.
The property is uniquely designed for extended families, featuring a fully finished basement and a private main-floor multi-gen suite with a wet bar and separate entrance potential.
With nearly 5,000 square feet of interior space, including a massive loft and multiple formal living areas, the home offers significant scale and flexibility for large-scale entertaining.
The backyard serves as a private oasis with an oversized pool and hot tub, complemented by a rare RV/Boat gate for convenient recreational vehicle storage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4979, other record living area = 4489.
The property is zoned for middle and high schools with lower academic ratings (3/10 and 5/10), which may impact appeal for families prioritizing top-tier education.
The massive 4,979 sqft home occupies a large portion of the 7,841 sqft lot, resulting in limited traditional green space or yard area outside of the pool footprint.
Brilliantly modified for potential multi-generational living, this unique home offers exceptional flexibility with a fully finished basement featuring a spacious living room, 2 bedroom spaces, and potential for a basement bathroom with sump pump already in place. The formal front living room features a gas fireplace, while the formal dining room overlooks the sunken living room for elegant entertaining. The former family room has been transformed into a private multi-gen suite with gas fireplace, wet bar, built-in bookcase, bedroom, Jack & Jill bath with shower, plus an additional half bath. The private primary suite includes a two-way fireplace shared with the spa-inspired bath. Upstairs offers 3 additional bedrooms, a huge loft/den, and a second laundry area. Enjoy the oversized pool and hot tub in the backyard oasis, perfect for relaxing or entertaining year-round.There is an RV/Boat gate on the side of the garage.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 4,979 | - |
| Lot Size | 7,841 | - |
| Price | $874.0K | $474.8K |
| Price per sq ft | $176 | $257 |
| Built year | 1998 | 0 |
| HOA | $20 | $0 |
| Days on market | 56 | 526 |
May 28, 2026
$874,000
Initial Listing
Sep 5, 1997
$290,500
Public Record