
Mesquite, NV 89027
This Highland Hills Residence is a High-Potential Investment Opportunity, with a List Price of $489,900—positioned well below the $581,213 Fair Market Value by 15%. This valuation gap provides $91,313 in Instant Equity. The home maintains a Good Condition Rating, featuring a New Heat Pump, Unobstructed Mesa Views, and a Versatile Gym Conversion. Located in a premier 55+ Community, it balances significant financial upside with a turnkey lifestyle. This is an ideal acquisition for Retirees or Owner-Occupants seeking immediate value and long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037 Highland Hills Dr. Subject | $459,900* List Price | 3 | 3 | 1,941 | $261 | - |
A 534 LONG IRON Lane Sold | $444,000 | 2 | 2 | 1,625 | $273 | 0.3 mi |
B 454 Highland View Ct Active | $475,000 List Price | 3 | 3 | 1,941 | $245 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and fits the 10-20 year age bracket (built in 2005). It features significant recent mechanical upgrades, including a brand-new heat pump and a one-year-old water heater. The interior is well-maintained with updated laminate flooring, plantation shutters, and a clean kitchen with a new refrigerator. While the cabinetry and tile appear original to the build date, the lack of deferred maintenance and the quality of the major systems justify a 'good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1941.
Situated on an elevated lot, the property offers breathtaking, unobstructed views of the Mesa and mountains, providing a premium sense of privacy and natural beauty.
Recent high-value improvements include a brand-new heat pump with a 10-year warranty, a one-year-old water heater, and a new refrigerator, offering peace of mind and reduced immediate maintenance costs.
Located within a 55+ community, the property is subject to age restrictions that limit the potential buyer pool to a specific demographic.
The conversion of the third-car garage into a gym reduces covered parking space, which may require additional effort or expense for buyers who prioritize full three-car storage.
This beautiful home in a sought-after 55+ community of HIghland Hills sits on an elevated lot with breathtaking views of the Mesa. Featuring 3 bedrooms, and two and a half bathrooms, it offers comfort and versatility for modern living. Recent upgrades include a brand new heat pump with a 10-year warranty (installed in September), a one-year-old water heater, a new refrigerator. The third car garage has been walled off for use as a gym, which can be easily converted back if desired. Wired for a hot tub. This property is ideal for those seeking style, convenience and Mequite style living. Please view the video
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 67% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,941 | 1,559 | 67% |
| Lot Size | 7,841 | 6,316.5 | 50% |
| Price | $459.9K | $161.5K | 83% |
| Price per sq ft | $237 | $108 | 67% |
| Built year | 2005 | 2003 | 50% |
| HOA | $229 | $116 | 83% |
| Days on market | 57 | 2597 | 17% |
Apr 15, 2026
$459,900
$489,900
-6% Price Drop
Initial Listing
Feb 24, 2026
$489,900
Initial Listing