ActiveResidential · sale

3031 South Formula Court

Pahrump, NV 89048

$2,189,000

  • 2 beds
  • 4 baths
  • 2,365 sq ft
  • 15072 acres
  • Built 2021

Listed by First Choice Realty · MLS #2811715

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Elegant tile flooring flows throughout, while the covered back patio extends the living experience outdoors.

Year built

Built in 2021.

Garage parking

17 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Experience refined luxury in this exceptional 2-bedroom, 4-bathroom residence offering 2,363 square feet of thoughtfully designed living space on a nearly 1/3-acre lot. Created for those who appreciate both sophisticated living and effortless entertaining, this home combines impressive indoor spaces with extraordinary amenities and room to indulge your passions.
At the heart of the home is a spacious great room designed to gather and entertain, complemented by a beautifully appointed butler pantry for seamless hosting. Elegant tile flooring flows throughout, while the covered back patio extends the living experience outdoors. Take entertaining to new heights on the private rooftop sky deck—an ideal setting for sunset gatherings, stargazing, or simply enjoying the surroundings.

For the car enthusiast, hobbyist, or collector, the approximately 2,100-square-foot garage is truly remarkable. With abundant space for multiple vehicles, storage, a workshop, or a combination of all three, this versatile area offers possibilities rarely found in a residential property.

Beyond the home, embrace the exclusive lifestyle of the community, with access to Spring Mountain Raceway, a private lake for paddleboarding and swimming, pickleball courts, a fitness facility, and a resort-style club pool and spa.

This is more than a home—it is a destination lifestyle, thoughtfully designed for luxurious everyday living, unforgettable entertaining, and the freedom to pursue what you love.
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THE NEIGHBORHOOD

Explore the location.

3031 South Formula Court, Pahrump, NV 89048

Map coordinates are not available for this property.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2021
Full baths
2
Half baths
2
Garage spaces
17
Cooling
Central
Heating
Central
Flooring
Tile
Utilities
All Electric
Exterior
Back Yard Access,Courtyard,Covered Patio,Private Yard,Rooftop Deck
Fencing
Backyard Full Fenced
Pool
No
Subdivision
Spring Mountain Estates
Zoning
Single Family
Parcel
27-791-61
HOA
Spring Mountain Est
HOA amenities
Basketball Courts,CC&RS,Clubhouse,Exercise Room,Firepit,Fitness Center,Gated,Not Age Restricted,Pickle Ball Court,Pool,Recreation Room,Security
Elementary school
Hafen
Middle school
Rosemary Clarke
High school
Pahrump Valley
Annual property tax
$10,081.00

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$9,120.83
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 & interest—Loan 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.

YOUR CAREER. YOUR NEXT CHAPTER.

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3031 South Formula Court, Pahrump, NV 89048 · MLS #2811715

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Listing information

MLS #2811715 · Las Vegas Realtors

Listing brokerage: First Choice Realty
Listing agent: Aaron Sharp

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

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