Night view of Las Vegas Strip skyline from 520 Ivy Spring balcony

Strip‑View Living Under $750K

July 15, 2025•2 min read

Welcome to Mariposa at The Paseos, a private gated enclave nestled in one of Summerlin’s most desirable villages — where luxury, nature, and lifestyle come together beautifully. This newly listed two-story gem at 520 Ivy Spring Street blends modern style with warmth and function, offering something rare: strip views, space, and style under $750K.

Gated entrance to Mariposa community in The Paseos, Summerlin Las Vegas — featuring manicured landscaping, palm trees, and upscale neighborhood signage.

Step into a gated courtyard and you’ll feel the difference. The home offers 3 spacious bedrooms, a large downstairs den, 2.5 bathrooms, and a versatile upstairs loft that can easily convert into a 4th bedroom, office, or flex space. The first level’s sleek concrete flooring brings an artsy, modern vibe, while the upstairs showcases elegant white oak wood flooring throughout.

Enjoy upgraded lighting with dimmers, a granite island kitchen with a breakfast bar, and a seamless flow from the family room to a covered patio and landscaped backyard complete with a mature lemon tree. The primary suite upstairs steals the show — with a private balcony offering panoramic views of the Las Vegas Strip, Red Rock mountains, and glittering city lights.

Panoramic Las Vegas Strip view at dusk from a private balcony in Summerlin’s gated Mariposa community — showcasing luxury living and stunning skyline views.

🏞️ Living in The Paseos – Where Nature Meets Affluence

The Paseos is one of Summerlin’s premier villages, perched along the western edge of Las Vegas and framed by the stunning Red Rock Conservation Area. With over 25 unique subdivisions, including Mariposa, this area offers a wide range of homes — from the mid $600Ks to over $2 million — with gated communities, top schools, and striking mountain or Strip views.

Golden‑hour photograph of Red Rock Canyon near Las Vegas, vivid red sandstone cliffs and desert plants under a brilliant blue sky

Lifestyle highlights include:

🌳 Paseos Park & Fox Hill Park – with splash pads, playgrounds, sports fields & scenic trails
🏫 Access to top-rated schools (public and private)
🛍️ Close to Downtown Summerlin for shopping, dining & entertainment
🥾 Near Red Rock Canyon for hiking, cycling & outdoor adventure
🎰 Minutes from Red Rock Casino, Golden Knights practice arena, and more

Sunlit playground tower with blue shade canopy at Paseos Park in Summerlin, Las Vegas; lush grass, walking path, and Red Rock Mountains in the distance

🏡 Home Features Recap:

✔️ 3 Bedrooms + Loft + Downstairs Den
✔️ Gated community with courtyard and side yard
✔️ Private balcony with Strip, city & mountain views
✔️ Concrete + white oak flooring
✔️ Granite kitchen with island and bar
✔️ Covered patio & mature landscaping
✔️ Newer SEER-rated AC & furnace for energy efficiency

Cost Snapshot banner: list price $727,000, annual property tax approx $3,800, HOA dues $108 per month, gold border

📍 Why 520 Ivy Spring St is a Must-See

Whether you’re a first-time luxury buyer, relocating to Vegas, or looking to upsize into Summerlin, this home offers the complete package — location, layout, and lifestyle, all without the million-dollar price tag.

Front exterior of two‑story Spanish‑style home at 520 Ivy Spring St, Summerlin—stone accents, tile roof, sage‑green garage door, and desert landscaping in morning light

📆 Open House: Sunday, July 20th 1:00pm to 4:00pm
📞 Contact: Sandy Margolin, Real Broker | (702) 683-3362

Custom HTML/CSS/JAVASCRIPT

FAQ
Are property taxes high in Summerlin? At 520 Ivy Spring St, they’re about $3,800 per year — and Nevada caps increases at 3%.

How far is this home from Red Rock Canyon? Trailheads are roughly a 12-minute drive west.

Is there an HOA? Yes — dues are approximately $108/month and cover gated security and common area upkeep.

What’s the list price? $727,000 — a rare find for a strip-view home in this location.

Sandy Margolin

With over 34 years of experience in real estate sales and appraisal, Sandy Margolin is a trusted expert in the Las Vegas housing market. She helps buyers find the perfect home and guides sellers in making their properties stand out. As a Certified AI Agent, Sandy leverages cutting-edge technology to simplify the buying and selling process, providing a smooth, stress-free experience. Whether you're purchasing your first home or selling to start a new chapter, Sandy ensures you make informed decisions with confidence."

Back to Blog