$1,017,000Price reduced

Reduced from $1,150,000

7220 Lake Farm AvenueLas Vegas, NV 89131

  • 4 beds
  • 3 baths
  • 3,596 sq ft
  • 20,909 sq ft lot
  • Built 2001

Listed by Jaime DeRocker, LVREAL, 702-780-7325

$283 per sq ft86 days on marketHOA $103/moIDX MLS 2792347

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About this home

Discover an exceptional living experience in this sprawling single-story residence, ideally positioned for those appreciating generous proportions and exquisite details. This distinguished home offers an unparalleled fusion of comfort and refined style, cultivating an inviting ambiance from the moment of entry. The substantial 3,596 square foot living area affords abundant space and vaulted ceilings for tranquil relaxation and grand entertaining, meticulously designed for a sophisticated lifestyle.

Read more

The property features four meticulously appointed bedrooms and two-and-a-half elegantly finished bathrooms, ensuring utmost privacy and convenience. Indulge in the luxury of a private swimming pool, an idyllic temperature controlled sun room, for sun-drenched afternoons and a captivating centerpiece for outdoor social events. Venture outdoors to a meticulously landscaped private yard, featuring a gracious covered patio, a charming courtyard, gated RV or boat parking, creating a true entertainer's haven. Distinctive interior amenities include large open floor plan, and vaulted ceilings. This remarkable residence embodies a significant opportunity to embrace a lifestyle characterized by comfort, distinction, and timeless allure. Located in a small, gated neighborhood, Salt Creek, this community is unique with a large corner lot, nearly half an acre! This home is truly one of a kind. Seller offering up to $20,000 contribution towards buyer's rate buy down or closing costs.

How does this home compare?

At $283 a square foot, this home is 10% above the Centennial Hills median of $257. It is larger than 81% of the 653 homes for sale there.

  • Priced higher than80%
  • Larger than81%
  • Listed longer than78%

Compared with the 653 homes for sale in Centennial Hills today, from the MLS listings on this site.

What has the price done?

Listed 86 days ago at $1,150,000. The price has come down once, $133,000 in all (12%).

  1. Listed$1,150,000
  2. Price cut $33,000$1,017,000

Facts and features

The home

Type
Single Family Residence
Bedrooms
4
Bathrooms
3
Living area
3,596 sq ft
Stories
1
Year built
2001
Primary bedroom
Downstairs
Fireplace
Yes
Solar power
Yes

Inside

Heating
Central, Gas
Cooling
Central Air, Electric
Flooring
Luxury Vinyl Plank, Tile
Appliances
Built In Electric Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, and more
Laundry
Gas Dryer Hookup, Main Level
Features
Bedroom On Main Level, Ceiling Fans, Primary Downstairs, Window Treatments, Central Vacuum, Programmable Thermostat

The lot and outside

Lot
20,909 sq ft
Garage
3 spaces
Private pool
Yes
Spa
No
Pool
Pool Spa Combo
Parking
Attached, Garage, Garage Door Opener, Inside Entrance, and more
Roof
Tile
Outside
Built In Barbecue, Barbecue, Patio, Private Yard, and more
Facing
South

Costs

Property tax
$7,174 a year
HOA dues
$103 a month

The community

Neighborhood
Saltcreek
Community
Centennial Hills
Gated
Yes

Schools

Elementary
Rhodes, Betsy
Middle
Cadwallader Ralph
High
Arbor View

As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD

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Jeremy DayFive Star Mortgage · NMLS 2819600
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Get pre-approved

Know your number before you tour

Sellers take offers with a pre-approval more seriously. Jeremy Day at Five Star Mortgage can usually pre-approve you within a day.

Jeremy DayFive Star Mortgage · NMLS 2819600
Or apply online with Jeremy

Optional. You are free to use any lender.

Where it is

Where is 7220 Lake Farm Avenue?

In Saltcreek, part of Centennial Hills, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Typical drives from Centennial Hills
  • Center of the Strip25 min*
  • Harry Reid International Airport30 min*
  • Floyd Lamb Park at Tule Springs10 min*
  • Downtown Summerlin20 min*
Cost of ownership

What would this home cost each month?

At the list price of $1,017,000 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.

Estimated monthly payment $5,921
  • Principal and interest$5,143
  • Property tax$509
  • Home insurance$167
  • HOA dues$103

Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from VIPhomes.Vegas.

Market

What are homes selling for in Centennial Hills?

Homes in Centennial Hills sold for a median of $505,000 over the last 12 months, usually in about 28 days at 97.6 percent of the original list price. With 654 homes for sale, that is 5 months of supply. Supply is balanced between buyers and sellers.

Median sold price
$505,000
Median days to sell
28
Sale to original price
97.6%
Months of supply
5

Median sold price by month

$450K
$500K
$550K
$600K
$569K

Closed sales in Centennial Hills, last 12 months, 1,515 sales. LVR data as of October 11, 2026.

Prices

How many Centennial Hills homes are for sale at each price?

Centennial Hills has 654 homes for sale. The most, 133, are priced at $1M and up.

Fine print
  • Listing information from LVR IDX, refreshed October 11, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
  • Drive times are typical off-peak times from the middle of Centennial Hills, not live traffic. Times marked * are estimates.
  • The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.
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