8875 Sanibel Shore Avenue, Las Vegas, NV 89147, Las Vegas, 89147 - 6 bed, 4 bath
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8875 Sanibel Shore Avenue
Las Vegas, NV 89147
ACTIVE
CONDITION: FAIR
6Beds
4Baths
3,036Sq Ft
6,534Lot Size
Property Price
LIST PRICE$589,000
EST. MARKET VALUE
$592,038
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $598,000, positioned well below the $578,691 Fair Market Value by -3%. Featuring a 6-bedroom, 4-bathroom layout on a premium corner lot, this property offers significant space for multi-generational living. While the home maintains a Fair Condition Rating with original 2001 finishes, it provides a solid foundation for cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, value-add property in a well-connected Spring Valley gated community.
Estimated Market Value
$592,038
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 |
|---|---|---|---|---|---|---|
★ 8875 Sanibel Shore Avenue Subject | $589,000* List Price | 6 | 4 | 3,036 | $195 | - |
A 3838 Erva Street Sold | $600,000 | 4 | 4 | 2,926 | $205 | 0.4 mi |
B 3786 Port Ritchey Street Sold | $690,000 | 5 | 3 | 2,906 | $237 | 0.1 mi |
C 9509 Camino Capistrano Lane Sold | $700,000 | 4 | 4 | 3,465 | $202 | 0.8 mi |
D 3722 Bombastic Court Sold | $622,000 | 5 | 3 | 2,904 | $214 | 0.9 mi |
E 9592 Gainey Ranch Avenue Sold | $715,000 | 4 | 4 | 2,841 | $252 | 0.9 mi |
F 8877 Waltzing Waters Court Active | $625,000 List Price | 6 | 3 | 3,036 | $206 | 0.0 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 2001 (23 years old), the property is dated and fits the 'Fair' criteria. While it features newer vinyl plank flooring and granite countertops, the oak cabinetry, gold-trimmed shower enclosures, and carpeted master bathroom are original to the home and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Layout
Featuring six bedrooms and a full downstairs bedroom and bathroom, this home is perfectly configured for large families or multi-generational living arrangements.
- Premium Corner Lot
Situated on a spacious corner lot within a premier gated community, the property offers enhanced privacy and curb appeal compared to standard interior lots.
- Strategic Location
Located in the heart of Spring Valley, the home provides excellent accessibility to major freeways, shopping centers, and parks, ensuring a convenient lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
- School District Ratings
The assigned public schools, particularly the high school with a 4/10 rating, may be a concern for families prioritizing top-tier educational performance.
- Potential for Modernization
Built in 2001, the property may require cosmetic updates or system refreshments to align with the contemporary aesthetic preferences of today's buyers.
About 8875 Sanibel Shore Avenue
Great Location! Located in a premier gated community in Spring Valley, Las Vegas, this home is just minutes from major freeways, parks, and shopping centers. Spanning 3,036 sq. ft., this spacious property features: 6 Bedrooms & 4 Bathrooms 3-Car Garage on a premium corner lot Downstairs bedroom and full bathroom — ideal for guests or multi-generational living Granite countertops and a huge formal living roomPerfect for a growing or large family! Great deal!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $70 / Month
Neighborhood Insights
Las Vegas Unified Schools
Patricia A Bendorf Elementary School
Grades PK-5 • 0.3 mi
6/10
Clifford J Lawrence Junior High School
Grades 6-8 • 0.8 mi
5/10
Spring Valley High School
Grades 9-12 • 1.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,036 | 1,961.945 |
| Lot Size | 6,534 | 6,098 |
| Price | $589.0K | $486.0K |
| Price per sq ft | $194 | $259 |
| Built year | 2001 | 2002 |
| HOA | $70 | $83 |
| Days on market | 28 | 62 |
Pricing History
Listed for Sale
Sep 8, 2026
$589,000
$598,000
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$598,000
Initial Listing