$674,000Price reduced

Reduced from $695,000

340 Summer Palace WayLas Vegas, NV 89144

4 beds
3 baths
2,359 sq ft
4,356 sq ft lot
Built 1999

Listed by Kamran M. Khosravi, Dara Realty Group, 702-840-1700

$286 per sq ft76 days on marketHOA $74/moIDX MLS 2803374

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About this home

UPDATE: Seller approved $5000 buyer's closing cost credit. Stunning Remodeled Summerlin Home with Pool, 3-Car Garage & Community Amenities Don't miss this beautifully remodeled two-story home located in the heart of Summerlin! Featuring stylish laminate flooring, modern LED lighting throughout, and a spacious open-concept floor plan, this home is perfect for both everyday living and entertaining. Upstairs, you'll find four bedrooms plus a versatile loft that's ideal for a home office, media room, playroom, or additional living space. The three-car garage provides plenty of room for vehicles, storage, or recreational toys.

220v is installed in the garage for an electric car and smart ecobee thermostats in the home that can be controlled via the app. Step outside to your own private backyard retreat featuring a sparkling swimming pool and beautifully maintained landscaping. As a resident of Summerlin, you'll also have access to an outstanding selection of community amenities, including parks, walking trails, community pools, tennis courts, basketball courts, playgrounds, and much more. Conveniently located near Downtown Summerlin, Red Rock Casino, shopping, dining, top-rated schools, golf courses, and easy freeway access. This exceptional home offers the perfect combination of comfort, convenience, and the Summerlin lifestyle.

How does this home compare?

At $286 a square foot, this home is 16% below the Summerlin median of $340. It is larger than 58% of the 973 homes for sale there.

Priced higher than47%
Larger than58%
Listed longer than77%

Compared with the 973 homes for sale in Summerlin today, from the MLS listings on this site.

What has the price done?

Listed 76 days ago at $695,000. The price has come down once, $21,000 in all (3%).

Jul 25Listed$695,000
Oct 9Price cut $1,000$674,000

Facts and features

The home

Type: Single Family Residence
Bedrooms: 4
Bathrooms: 3
Living area: 2,359 sq ft
Stories: 2
Year built: 1999
Fireplace: Yes
Solar power: Yes

Inside

Heating: Central, Gas
Cooling: Central Air, Electric
Flooring: Carpet, Tile
Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, and more
Laundry: Gas Dryer Hookup, Upper Level
Features: Bathroomon Main Level, Ceiling Fans, Half Bathon Main Level, Window Treatments

The lot and outside

Lot: 4,356 sq ft
Garage: 3 spaces
Private pool: Yes
Spa: Yes
Pool: In Ground, Private, Community
Parking: Attached, Garage, Garage Door Opener, Inside Entrance, and more
Roof: Pitched, Tile
Outside: Private Yard
Facing: South

Costs

Property tax: $3,491 a year
HOA dues: $74 a month
HOA covers: Association Management, Common Areas, Taxes

The community

Neighborhood: The Arbors
MLS subdivision: Chardonnay #52-By Lewis Homes
Community: Summerlin
Gated: No

Schools

Elementary: Bonner, John W.
Middle: Rogich Sig
High: Palo Verde

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

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.

Tour this home

Pick a time to see it

Free, no obligation. VIPhomes.Vegas confirms by text.

VIPhomes.VegasReplies the same day

Call Text

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 340 Summer Palace Way?

In The Arbors, part of Summerlin, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Typical drives from Summerlin

Center of the Strip20 min
Harry Reid International Airport25 min
Downtown Summerlin5 min^*
Red Rock Canyon Visitor Center15 min^*

Summerlin guide Directions

Cost of ownership

What would this home cost each month?

At the list price of $674,000 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 $3,986

Principal and interest$3,408
Property tax$337
Home insurance$167
HOA dues$74

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 Summerlin?

Homes in Summerlin sold for a median of $637,000 over the last 12 months, usually in about 33 days at 95.9 percent of the original list price. With 974 homes for sale, that is 4.7 months of supply. Supply is balanced between buyers and sellers.

Median sold price: $637,000
Median days to sell: 33
Sale to original price: 95.9%
Months of supply: 4.7

Median sold price by month

$550K

$600K

$650K

$700K

$750K

$643K

Month	Median sold price	Sales
Nov 2025	$630,000	143
Dec 2025	$605,500	182
Jan 2026	$680,000	144
Feb 2026	$642,500	176
Mar 2026	$633,000	222
Apr 2026	$645,000	191
May 2026	$651,500	208
Jun 2026	$687,500	256
Jul 2026	$617,500	226
Aug 2026	$627,800	201
Sep 2026	$639,000	182
Oct 2026	$642,845	46

Closed sales in Summerlin, last 12 months, 2,293 sales. LVR data as of October 11, 2026.

Prices

How many Summerlin homes are for sale at each price?

Summerlin has 974 homes for sale. The most, 228, are priced between $750K and $1.5M.

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 Summerlin, not live traffic. Times marked * are estimates.
The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.