8716 Castle Hill Avenue, Las Vegas, NV 89129, Las Vegas, 89129 - 5 bed, 4 bath
Loading property details...
8716 Castle Hill Avenue
Las Vegas, NV 89129
ACTIVE
CONDITION: GOOD
5Beds
4Baths
4,979Sq Ft
7,841Lot Size
Property Price
LIST PRICE$849,900
EST. MARKET VALUE
$849,900
SUMMARY
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.
Estimated Market Value
$849,900
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 |
|---|---|---|---|---|---|---|
★ 8716 Castle Hill Avenue Subject | $849,900* List Price | 5 | 4 | 4,979 | $171 | - |
A 3849 Cranbrook Hill Street Sold | $790,000 | 5 | 4 | 4,861 | $163 | 0.2 mi |
B 3614 N Campbell Road Sold | $640,000 | 7 | 3 | 3,417 | $187 | 0.6 mi |
C 3904 Diamond Ridge Street Sold | $640,000 | 5 | 3 | 3,417 | $187 | 0.6 mi |
D 8728 Castle Hill Avenue Active | $844,900 List Price | 5 | 4 | 4,979 | $170 | 0.0 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 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.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Versatility
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.
- Expansive Living Space
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.
- Premium Outdoor Amenities
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4979, other record living area = 4489.
- School District Ratings
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.
- High Lot Coverage
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.
About 8716 Castle Hill Avenue
Welcome to this beautifully updated 4,979 sq. ft. home offering exceptional space, flexibility, and indoor-outdoor living. The formal living room features a gas fireplace, while the formal dining room overlooks the sunken living area. A versatile private living suite includes a gas fireplace, wet bar, built-in bookcase, bedroom, Jack & Jill bath, and additional half bath—ideal for guests, extended family, a home office, or added privacy. Upstairs features 4 bedrooms, including a spacious primary suite with a two-way fireplace shared with the spa-inspired bath, plus a huge loft/den and second laundry area. The fully finished basement adds even more flexibility with a large living area and 2 additional private spaces, plus potential for a bathroom with sump pump already in place. Outside, enjoy an oversized pool and hot tub in your private backyard oasis. Recent updates include neutral paint, LVP flooring, an updated kitchen, and partially remodeled bath. A truly versatile home with room to live, work, entertain, and grow.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $20 / Month
Neighborhood Insights
Las Vegas Unified Schools
Edith Garehime Elementary School
Grades PK-5 • 0.4 mi
6/10
Marc Kahre Elementary School
Grades PK-5 • 1.2 mi
5/10
Dorothy Eisenberg Elementary School
Grades PK-5 • 1.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,979 | 1,961.945 |
| Lot Size | 7,841 | 6,098 |
| Price | $849.9K | $486.0K |
| Price per sq ft | $171 | $259 |
| Built year | 1998 | 2002 |
| HOA | $20 | $83 |
| Days on market | 104 | 62 |
Pricing History
Listed for Sale
Aug 23, 2026
$849,900
$864,000
-2% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$864,000
$874,000
-1% Price Drop
Initial Listing
Price Change
May 28, 2026
$874,000
Initial Listing
Sold
Sep 5, 1997
$290,500
Public Record