1281 Satellite Drive
About 1281 Satellite Drive
This move-in ready 4-bedroom, 2-bathroom home sits on 0.41 acres, one of the largest lots in the neighborhood, offering a level of outdoor space that is highly sought after in the City of Sparks. Inside, the kitchen features quartz countertops and makes for a comfortable space for everyday cooking and entertaining. The main living areas are finished with luxury vinyl plank flooring, with tile in the wet areas, giving the home an updated look throughout. Upgraded dual pane windows bring in an abundance of natural light while keeping energy costs down year-round.
Location
Open in Google Maps →Property Details
Community Information
- Address
- 1281 Satellite Drive, Sparks, NV 89436
- Neighborhood
- Satellite Hills 1
- County
- Washoe
- City
- Sparks
- Subdivision
- Satellite Hills 1
- Zip Code
- 89436
School Information
- Elementary
- Jerry Whitehead Elementary (K-5) · 0 mi
- Middle
- Lou Mendive Middle School (6-8) · 0 mi
- High
- Edward C. Reed High School (9-12) · 0 mi
Architecture
- Bedrooms
- 4
- Bathrooms
- 2 full
- Year Built
- 1987
- Garage Spaces
- 4
Features / Amenities
- Parking Total
- 6
- Heating
- Forced Air, Natural Gas
Property Features
- Lot Size
- 0.41 sqft (0.41 ac)
- Sewer
- Public Sewer
Tax & Financial
- Tax Annual Amount
- $2,483.04
- Association Fee
- None
- Senior Community
- No
- Listed$615,000May 31, 2026
- TodaySold35 days on market
List date approximated from current days-on-market. Source: GLVAR MLS via Repliers IDX.
Property History
Every MLS record for this address — sales, leases, and prior listing attempts. GLVAR records back to 2013.
- June 2017Sold$346,000
Mortgage Calculator
- Principal & Interest: $3,110
- Property Tax: $207
- Insurance: $179
California → Nevada Tax Savings
See the breakdown
| California | Nevada | Savings | |
|---|---|---|---|
| State income tax | $15,304 | $0 | $15,304 |
| Property tax (year 1) | $6,765 | $3,383 | $3,382 |
| Year-1 total | $18,686 | ||
Estimate only. CA income tax uses 2026 inflation-adjusted brackets and the standard deduction; property tax assumes 1.10% CA effective rate (Prop 13 + assessments) and 0.55% Clark County effective rate. 10-year projection compounds the tax base at 3% per year. Consult a CPA before making relocation decisions.
Schools
View all schools →3 schools currently zoned to serve 1281 Satellite Drive. Attendance-zone data via LiveBy; ratings reflect the most recent GreatSchools/NV state rank.
Who lives in Reed
An exclusive snapshot benchmarked against Sparks
Reed tracks the metro average for age, with a median of 38, with 33% of households raising children. Owner-occupancy runs at 76%, well above the 60% county average, and median household income ($102K) outpaces the county's $87K. 27% of adults hold a bachelor's degree, in line with the county.
Source American Census Survey 2023 via LiveBy. Benchmarks Sparks aggregate.
Is Reed right for you?
Set your stage and income and we’ll score this neighborhood’s ACS demographics against your fit. Settings save to your browser and follow you to every listing.
Inside the Satellite Hills 1 Market
Satellite Hills 1 sits inside the 89436 ZIP, where the typical active listing is asking $623K and closed sales are pricing up 3.0% over the trailing twelve months. Recent comparable sales have cleared at roughly $297 per square foot, with the median property going under contract in about 64 days. Current absorption sits at 5.4 months of inventory — a balanced market where well-priced homes still move quickly.
Browse Las Vegas Listings →Recent sold comps in ZIP 89436
50 sold listings in ZIP 89436 from 2026-01-06 to 2026-07-05 — filtered to ±20% sqft of 1,848 sqft, ±1 bed. Showing the 6 most recent.
Sold-price data via Repliers IDX (live GLVAR MLS feed, refreshed hourly). Comparable sales are filtered by ZIP, bedroom count, and square footage range — not by lot, view, condition, upgrades, or HOA. Information deemed reliable but not guaranteed.
Similar Listings
View all →Frequently Asked Questions
What are the HOA fees and what do they cover?
1281 Satellite Drive has no HOA reported on the listing — there are no monthly association dues on record for this property.
What schools serve 1281 Satellite Drive?
1281 Satellite Drive is zoned for Jerry Whitehead Elementary (K-5, GreatSchools 4/10); Lou Mendive Middle School (6-8, GreatSchools 6/10); Edward C. Reed High School (9-12, GreatSchools 4/10). Clark County School District boundaries can change year to year — confirm current zoning before you write an offer.
What is the price per square foot?
1281 Satellite Drive is priced at about $333 per square foot — $615,000 for 1,848 sq ft.
What is the estimated monthly payment?
Estimated principal & interest on 1281 Satellite Drive runs about $3,110/month, based on 20% down on the $615,000 list price and a 30-year fixed at 6.5%. Property taxes, insurance are additional — use the mortgage calculator on this page to model your own rate and down payment.
Has the price been reduced?
1281 Satellite Drive is listed at $615,000 with no price reductions on record since it came to market 35 days ago.
How long has 1281 Satellite Drive been on the market?
1281 Satellite Drive has been on the market 35 days as of 2026-05-27.
What are recent comparable sales near 1281 Satellite Drive?
We pull a custom comparable-sales set within 0.5 miles closed in the last 90 days for 1281 Satellite Drive — request it via the Schedule a Tour form above or call (702) 637-1759.
Is this a gated community?
1281 Satellite Drive is not flagged as being inside a gated community in the listing data. Call (702) 637-1759 and we'll confirm the access details.
Is 1281 Satellite Drive in a flood zone?
Most of the Las Vegas valley sits in FEMA Zone X (low-risk), and we do not show a high-risk flood designation on file for 1281 Satellite Drive. We pull the official FEMA flood map for this exact address before you write an offer — call (702) 637-1759 for the current determination.
What appliances and features are included?
The full appliance and inclusions list for 1281 Satellite Drive is confirmed during the offer and inspection phase — call (702) 637-1759 for current details.
Why Work With Us?
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Listing provided courtesy of Coldwell Banker Select Reno.
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Las Vegas Association of REALTORS® (GLVAR). Listings are courtesy of various agents and brokerages participating in the program. All listing data is updated by Repliers and may not reflect all real estate activity in the market.
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