ActiveResidential · sale

228 East Levi Avenue

Las Vegas, NV 89183

$4,000,000

  • 8 beds
  • 10 baths
  • 5,643 sq ft
  • 20038 acres
  • Built 2005

Listed by The Agency Las Vegas · MLS #2794711

A FEW THINGS TO NOTICE

What stands out.

Living spaces

A detached Private Guest Residence, complete with its own kitchen, living room, fireplace, laundry, and private bedrooms, provides fully independent accommodations for extended family, guests, or professional staff.

Details worth a look

A private gated courtyard welcomes you into a residence designed for gracious entertaining and comfortable everyday living.

Year built

Built in 2005.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to The Grand Villa, an exceptional custom residence within Levi Private Gated Estates, where timeless architecture, soaring interiors, and refined craftsmanship create a home of enduring elegance.
A private gated courtyard welcomes you into a residence designed for gracious entertaining and comfortable everyday living. Anchoring the home is a dramatic Great Room with soaring ceilings, a striking fireplace, and expansive gathering spaces that create an unforgettable first impression while flowing naturally into the chef’s kitchen and surrounding living areas.
Thoughtfully designed with premium appliances, a center island, walk-in pantry, and seamless connection to both formal and casual dining spaces, the chef’s kitchen comfortably accommodates everything from quiet family breakfasts to elegant dinner parties and holiday celebrations.
Spacious main-level primary suites provide exceptional flexibility for long-term living, while additional en-suite bedrooms offer privacy and comfort for family and guests. An entertainer’s basement expands the residence with versatile recreation and media spaces designed for celebrations, game nights, or relaxed evenings at home.
Outdoor living becomes a private retreat with a resort-inspired pool, covered patios, outdoor kitchen, and beautifully landscaped grounds that invite year-round enjoyment. A detached Private Guest Residence, complete with its own kitchen, living room, fireplace, laundry, and private bedrooms, provides fully independent accommodations for extended family, guests, or professional staff.
Located minutes from the Las Vegas Strip, professional sports venues, world-class dining, entertainment, and private aviation, The Grand Villa offers exceptional privacy while remaining connected to everything Southern Nevada has to offer.
Timeless in its design and effortless in the way it lives, The Grand Villa is a residence where exceptional architecture quietly enhances everyday life.

THE NEIGHBORHOOD

Explore the location.

228 East Levi Avenue, Las Vegas, NV 89183

Map coordinates are not available for this property.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2005
Full baths
6
Half baths
2
Garage spaces
3
Cooling
2 or More Central Units,Central,High Efficiency HVAC,Programmable Thermostat,SEER 13 or Above
Heating
2 or More Units,Central,Programmable Thermostat,Zoned HVAC
Flooring
Hardwood
Utilities
Cable Wired,Cat 5 Wired,Underground Utilities
Exterior
Back Yard Access,Balcony,Built-In Barbecue,Courtyard,Covered Patio,Private Yard,Secured Entry
Fencing
Backyard Full Fenced
Pool
Yes
Pool features
Gas Heated,Inground-Private,Saltwater/Saline
Subdivision
Custom
Zoning
Single Family
Parcel
177-33-501-026
HOA amenities
Gated
Elementary school
Bass, John C.
Middle school
Silvestri
High school
Liberty
Annual property tax
$11,656.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$16,666.67
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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228 East Levi Avenue, Las Vegas, NV 89183 · MLS #2794711

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Listing information

MLS #2794711 · Las Vegas Realtors

Listing brokerage: The Agency Las Vegas
Listing agent: Zar A. Zanganeh

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

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