NOT LISTED FOR SALE

11616 Observation Point Ave Las Vegas, NV 89138

Estimated Value: $679,000 - $747,000

4 Beds
2.5 Baths
2,002 Sq Ft
$350/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $624,900 $312 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,437/month

13 Days on Market

Highlights

  • Gated Community
  • Balcony
  • Double Pane Windows
  • Covered patio or porch
  • 2 Car Attached Garage
  • Park

About This Home

As of December 2023

REPRESENTATIVE PHOTOS ADDED. November Completion! The popular Cedar plan in Crested Canyon offers 4 bedrooms, 2.5 baths, a loft, and 2,002 square feet of living space. A great location close to hiking and biking trails within the Red Rock Conservation area. The open-concept kitchen, great room, and dining space flow seamlessly together. Sliding glass doors in the great room open to the covered patio – an ideal layout for entertaining. Upstairs are all the bedrooms, including the spacious primary suite that features a balcony, ensuite bath with a soaking tub, separate shower, and large walk-in closet. The loft and convenient laundry room complete the 2nd floor. Structural options include: 12’ center meet sliding glass door, BBQ stub, 8’ interior doors, finished garage, and additional sink in bath 2.

Last Agent to Sell the Property

Frank Gargano

Real Estate Consultants of Nv Brokerage Phone: 702-596-2040 License #010532 Listed on: 09/27/2023

Last Buyer's Agent

Yvette Riggott

GK Properties License #S.0185352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,817

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 4,144 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Schools

  • Lummis Elementary School
  • Becker Middle School
  • Palo Verde High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include management
  • Thoroghbred Mgmt Association, Phone Number (702) 213-9424
  • Built by Taylor Mor
  • Crested Canyon Subdivision, Cedar C Floorplan
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,817

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Ownership: Single Family Residential
  • Subdivision Name: Crested Canyon
  • Directions: To reach Crested Canyon in Kestrel, head west on the Summerlin Parkway, take the Lake Mead exit and head west.  The parcel is located on the left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Doors, Windows, HVAC
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: UNDER CONSTRUCTION
  • Year Built: 2023
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-596-2040
  • Special Features: 4098
  • Stories: 2
  • Year Built: 2023

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Living Area: 2002.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Builder Name: Taylor Mor
  • Construction Type: Drywall
  • Direction Faces: South
  • Exterior Features: Balcony, Barbecue, Patio
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Excellent, Under Construction
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Finished Garage, Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas, Zoned
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Park
  • Association #2 Fee: 95.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: Thoroghbred Mgmt
  • Phone: 702-213-9424
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Lummis, William,Lummis, William
  • High School: Palo Verde
  • Middle Or Junior School: Becker

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 4144.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Lee David Nicholls and Stoyanova Zornitsa Stoyanova
Bought by
Red Canyon Bg Trust and Lee
Total Days on Market
13
Current Estimated Value
$700,889

Purchase Details

Listed on
Sep 27, 2023
Closed on
Dec 4, 2023
Sold by
William Lyon Hms Inc
Bought by
Stoyanova Zomitsa and Lee David Nicholls
Seller's Agent
Frank Gargano
Real Estate Consultants of Nv
Buyer's Agent
Yvette Riggott
GK Properties
List Price
$665,785
Sold Price
$624,900
Premium/Discount to List
-$40,885
-6.14%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$499,920
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Red Canyon Bg Trust -- None Listed On Document
Stoyanova Zomitsa $624,900 Inspired Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoyanova Zomitsa $499,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $624,900 0.0% $312 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/07/2023 10/07/23 Price Changed $624,900 -6.1% $312 / Sq Ft
09/27/2023 09/27/23 For Sale $665,785 -- $333 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,817 $215,931 $67,550 $148,381
2024 $2,069 $215,931 $67,550 $148,381
2023 $2,069 $63,028 $63,000 $28
2022 $2,068 $63,000 $63,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Gargano

    Seller's Agent in 2023

    Frank Gargano

    Real Estate Consultants of Nv

    (702) 596-2040

    2,924 Total Sales

    Frank Gargano
    Section Image
  • Yvette Riggott

    Buyer's Agent in 2023

    Yvette Riggott

    GK Properties

    (702) 595-6065

    184 Total Sales

    Yvette Riggott
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2530634

Las Vegas REALTORS®

APN: 137-14-416-044

Nevada Clark County Las Vegas 89124

11616 Observation Point Ave, Las Vegas, NV

This home is located at 11616 Observation Point Ave, Las Vegas, NV 89138 since 27 September 2023 and is currently estimated at $700,889, approximately $350 per square foot. This property was built in 2023. 11616 Observation Point Ave is a home located in Clark County with nearby schools including William Lummis Elementary School, Ernest Becker Middle School, and Palo Verde High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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