$8,500,000

3970 Spencer St Las Vegas, NV 89119

Paradise Palms Neighborhood

Estimated payment $46,120/month

Total Views 87,169
5 Beds
6 Baths
16,936 Sq Ft
$502 Price per Sq Ft

Highlights

  • Very Popular Property
  • Indoor Pool
  • RV Access or Parking
  • Guest House
  • Indoor Spa
  • Custom Home

About This Home

One of America’s most extraordinary residences: The Underground House. Concealed 26 feet below ground, this 14,620 sq. ft. subterranean estate was built in the 1970s by businessman Jerry Henderson and architect Jay Swayze as the world’s largest “Atomitat” — a Cold War–era luxury bunker designed for self-sufficient living. Featuring a total 5 bedrooms, 6 baths over 2 homes (one above ground and one below ground), an indoor pool, putting green, theater, dance floor, bar, saunas, and a programmable faux sky, it recreates the feeling of being above ground while offering total privacy and security. Hand-painted landscape murals, sculpted trees, and retro 1970s design details create an immersive, time-capsule setting unlike any other. This is a rare investment opportunity — ideal as a private residence, event venue, museum, luxury rental, or cultural landmark. A true piece of Las Vegas history and a chance to own a property that is equal parts residence, attraction, and legend.

Listing Agent

Holly Erker

IS Luxury License #S.0192799 Listed on: 08/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,521

Year Built

  • Built in 1978

Lot Details

  • 1.05 Acre Lot
  • West Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape

Parking

  • 4 Car Garage
  • RV Access or Parking

Home Design

  • Custom Home
  • Frame Construction
  • Tile Roof
  • Stone Roof
  • Stucco

Interior Spaces

  • 16,936 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Wood Burning Fireplace
  • Awning
  • Living Room with Fireplace
  • Indoor Spa
  • Basement

Kitchen

  • Built-In Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Pool and Spa
  • In Ground Pool
  • In Ground Spa

Schools

  • Thomas Elementary School
  • Orr William E. Middle School
  • Valley High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Guest House

Community Details

  • No Home Owners Association
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,521

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Ownership: Single Family Residential
  • Subdivision Name: None
  • Directions: FROM THE BELLAGIO HOTLE, EAST ON FLAMINGO, LEFT ON SPENCER TO 3970 SPENCER
  • Architectural Style: Three Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built Details: RESALE
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3
  • Year Built: 1978

Interior Features

  • Furnished: Furnished
  • Spa Features: Indoor Hot Tub, In Ground
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Elevator
  • Living Area: 16936.0
  • Dining Room Type: Basement

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: 1 to 5 Acres, Desert Landscaping, Landscaped
  • Pool Features: Indoor, In Ground, Private, Pool/Spa Combo
  • Pool Private: Yes
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: West
  • Exterior Features: Patio, Private Yard, Awning(s)
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Stone, Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Detached, Garage, Private, RV Access/Parking, RV Paved

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level, Laundry Room
  • Security: Controlled Access
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Thomas, Ruby S.,Thomas, Ruby S.
  • High School: Valley
  • Middle Or Junior School: Orr William E.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 45738.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 10521.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $10,521 $377,292 $81,034 $296,258
2024 $9,743 $377,292 $81,034 $296,258
2023 $9,743 $368,061 $77,175 $290,886
2022 $9,021 $307,495 $34,178 $273,317
2021 $8,738 $297,852 $33,443 $264,409
2020 $8,633 $294,373 $27,195 $267,178
2019 $8,712 $308,129 $39,690 $268,439
2018 $8,313 $305,297 $39,690 $265,607
2017 $8,979 $306,170 $33,075 $273,095
2016 $7,778 $314,119 $33,075 $281,044
2015 $7,766 $315,567 $33,075 $282,492
2014 $7,525 $254,927 $33,075 $221,852
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2025 08/29/25 For Sale $8,500,000 +639.1% $502 / Sq Ft
03/28/2014 03/28/14 Sold $1,150,000 -32.4% $68 / Sq Ft View Prior Sale
02/26/2014 02/26/14 Pending -- -- --
03/15/2013 03/15/13 For Sale $1,700,000 -- $100 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $841,066 None Available
Bargain Sale Deed $1,150,000 Nevada Title Las Vegas
Trustee Deed $601,173 National Title Company
Bargain Sale Deed $2,000,000 Equity Title Of Nevada
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2713309

Las Vegas REALTORS®

APN: 162-14-802-001

Nevada Clark County Las Vegas 89119 Paradise Palms

3970 Spencer St, Las Vegas, NV

This home is located at 3970 Spencer St, Las Vegas, NV 89119 and is currently priced at $8,500,000, approximately $501 per square foot. This property was built in 1978. 3970 Spencer St is a home located in Clark County with nearby schools including Ruby S Thomas Elementary School, William E. Orr Middle School, and Valley 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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Listing Agent
Holly Erker
Section Image
IS Luxury
(725) 425-4594