
Las Vegas, NV 89144
This Custom Guard-Gated Estate in Summerlin’s prestigious Canyon Fairways represents a strategic Value-Add Asset listed at $1,975,000. While the price exceeds the $1,876,218 Fair Market Value, the valuation accounts for the elite location and significant expansion potential. Currently holding a Condition Rating of 4, the property features dated Tuscan finishes and stained concrete floors requiring modernization to maximize ROI. With a massive 16,553 sq. ft. lot and an office suited for a 4th bedroom conversion, this is a high-upside acquisition for Luxury Renovators and Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9625 Grand Isle Lane Subject | $1,950,000* List Price | 3 | 3 | 3,911 | $475 | - |
A 807 Canyon Greens Drive Active | $2,195,000 List Price | 4 | 5 | 5,209 | $421 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old) with no evidence of recent renovations. While the home is functional and located in a premium area, the interior finishes—including the heavy Tuscan-style stone fireplaces, stained concrete floors, and kitchen cabinetry—are dated. The listing description explicitly mentions 'investment potential' and an opportunity to 'reimagine' the home, which aligns with the Fair criteria for a property needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16553, living area = 3911.
Situated in the exclusive Canyon Fairways of Summerlin, the property offers high-end security and access to elite amenities including TPC golf, tennis, and walking trails.
The home features dramatic floor-to-ceiling fireplaces, vaulted ceilings, and a unique wine-cellar-inspired dining room, providing a sophisticated and custom aesthetic.
With only 3 existing bedrooms for nearly 4,000 sq. ft., the current layout may feel undersized for the $1.975M price point without further investment to convert the office.
Built in 2000 and marketed as an opportunity to 'reimagine,' the property likely requires significant cosmetic updates to align with current luxury market standards.
Located in the premier guard gated Canyon Fairways neighborhood. Option to add a 4th bedroom in the designated office. Amazing investment potential. The living room features dramatic ceilings and a floor to ceiling fireplace, while the dining area offers an arched ceiling wine cellar feel with brick accents and a central wet bar. The kitchen includes a Sub Zero refrigerator, double ovens, granite counters, custom cabinetry, breakfast nook, and dramatic fireplace, all opening to a bright family room with a coved ceiling. The backyard is designed for relaxation and entertaining with a river style water feature, mature landscaping, built in grill and bar and large covered patio. A spacious oversized 2 car (813 sq/ft) garage with tons of space, storage and workbench. Residents enjoy tennis, basketball, walking trails, TPC golf, and close proximity to shopping and dining. A perfect and rare opportunity for expansion and to reimagine a home in this ideal location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,911 | 2,409 | 85% |
| Lot Size | 16,553 | 6,098 | 95% |
| Price | $1.95M | $539.0K | 92% |
| Price per sq ft | $499 | $287 | 92% |
| Built year | 2000 | 2000 | 50% |
| HOA | $580 | $65 | 95% |
| Days on market | 40 | 648 | 1% |
May 8, 2026
$1,950,000
$1,975,000
-1% Price Drop
Initial Listing
Apr 27, 2026
$1,975,000
Initial Listing
Sep 23, 1996
$159,000
Public Record