This home is located at 16 Olympia Canyon Way, Las Vegas, NV 89141 since 29 August 2013 and is currently estimated at $5,926,216. This property was built in 2023. 16 Olympia Canyon Way is a home located in Clark County with nearby schools including Evelyn Stuckey Elementary School, Lois & Jerry Tarkanian Middle School, and Desert Oasis High School.
Virtue Real Estate GroupLicense #B.0145227Listed on: 08/29/2013
Property Details
Property Type
Land
Est. Annual Taxes
$670
Year Built
2023
Lot Details
0.7 Acre Lot
HOA Fees
$600 Monthly HOA Fees
Utilities
Underground Utilities
Not Connected to Water Source
Not Connected to Sewer
Community Details
Overview
Southern Highlands Association, Phone Number (702) 361-6640
Parcel 315 Unit 2 At Southern Subdivision
Security
Gated Community
Property Details
Property Type
Land
Est. Annual Taxes
$670
Year Built
2023
Lot Details
0
HOA Fees
$600 per month
Listing Details
Prop. Type: Land
Lot Size Acres: 0.7
Subdivision Name: PARCEL 315 UNIT 2 AT SOUTHERN
Directions: I-15 S, EXIT LAKE MEAD/ST.ROSE PKWY, Go straight to Southern Highlands Pkwy, Left on Stonewater, to Augusta Canyon guard gate, at Highland Meadows, R at Olympia Canyon
ResoPropertyType: Land
Special Features: None
Property Sub Type: LotsLands
Year Built (Public Record): 2023
Utilities
Security: Gated Community
Electric: Underground
Sewer: Not Connected (at lot)
Water Source: Not Connected (at lot), Public
Condo/Co-op/Association
Community Features: Gated
Association Fee: 600.0
Association Fee Frequency: Monthly
Association Name: SOUTHERN HIGHLANDS
Phone: 702-361-6640
Association: Yes
ResoAssociationFeeFrequency: Monthly
Lot Info
Additional Parcels Description: NumParcels:1
Zoning Description: Single Family
ResoLotSizeUnits: Acres
Tax Info
Tax Annual Amount: 670.0
Ownership History
DateNameOwned ForOwner Type
Mar 2023 - PresentMnsm Trust2 Years and 2 Months
Private Individual
Purchase Details
Closed on
Mar 15, 2023
Sold by
Marbury Franchesta
Bought by
Mnsm Trust
Total Days on Market
52
Current Estimated Value
$5,926,216
Jan 2020 - Mar 2023Marbury Franchesta and The Franchesta Marbury Family Trust3 Years and 2 Months
Private Individual
Purchase Details
Closed on
Jan 8, 2020
Sold by
Marbury Franchestas
Bought by
Marbury Franchesta and The Franchesta Marbury Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,997,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Jul 2008 - Jan 2020Extalade Investments Llc11 Years and 6 Months
Company
Purchase Details
Closed on
Jul 21, 2008
Sold by
Barnett Robert R and Barnett Diane A
Bought by
Extalade Investments Llc
Jun 2007 - Jul 2008Barnett Robert R and Barnett Diane A1 Year and 1 Month
Five contiguous parcels for sale (5.46 acres) with Boulder Hwy frontage and Desert Inn frontage. Multiple zoning uses. Lot numbers include 161-07-801-009,010,012,14 & 015. No HOA. Overhead power is available. Water and sewer are in the street. Owner may carry short term with a short feasibility period.
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Average Value
Not Available
List Price
Sold Price
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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
Mnsm Trust
--
--
Marbury Franchesta
--
--
Marbury Franchesta
$24,500
Os National Llc
Marbury Franchesta
--
None Available
Extalade Investments Llc
$625,000
Equity Title Flamingo
Barnett Robert R
$800,000
First Amer Title Co Of Nv
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Marbury Franchesta
$1,997,000
Previous Owner
Southern Highlands Development Corp
$200,000,000
Previous Owner
Southern Highlands Development Corp
$25,000,000
Previous Owner
Southern Highlands Development Corp
$25,000,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
11/20/201311/20/13
Sold
$193,000
-35.5%
--
10/21/201310/21/13
Pending
--
--
--
08/29/201308/29/13
For Sale
$299,000
--
--
Source: Las Vegas REALTORS®
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 16 Olympia Canyon Way, Las Vegas, NV 89141 since 29 August 2013 and is currently estimated at $5,926,216. This property was built in 2023. 16 Olympia Canyon Way is a home located in Clark County with nearby schools including Evelyn Stuckey Elementary School, Lois & Jerry Tarkanian Middle School, and Desert Oasis High School.
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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.