1106 E Athens Avenue, Henderson, NV 89015, Henderson, 89015 - 5 bed, 3 bath
Loading property details...
Henderson, NV 89015
Analysis of 1106 E Athens Avenue, Henderson, NV 89015 is currently available with a list price of $2,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Henderson Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1980, the home appears to be in mostly original condition with significant cosmetic dating throughout. The kitchen features dated oak cabinetry, laminate countertops, and older black/white appliances. Interior finishes include popcorn ceilings, Saltillo tile, and older carpeting. While the property appears well-maintained and functional, it lacks modern updates and requires comprehensive renovation to meet current luxury standards, consistent with the listing's emphasis on land value and development potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60984, living area = 2988.
The property includes two adjoining parcels totaling 2.43 acres, offering a rare opportunity for developers to create an exclusive luxury compound or subdivide for additional residences.
Boasts unobstructed, 360-degree vistas of the Las Vegas Strip, the entire valley, and surrounding mountains, significantly enhancing the long-term value and prestige of the site.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =60984, other record lot size in square feet = 57935.
Built in 1980, the existing tri-level home likely requires substantial modernization or a complete teardown to align with the high-end luxury potential of the land.
The specialized tri-level layout with dual living quarters and the focus on development potential may limit the pool of traditional single-family buyers, favoring a more specific investor demographic.
A rare and remarkable opportunity for developers and investors to collaborate on a visionary project—with seller financing available at a highly attractive interest rate. This once-in-a-lifetime offering includes two adjoining parcels totaling 2.43 acres, boasting panoramic, unobstructed views of the entire Las Vegas Valley—from Boulder City to North Las Vegas, with iconic Strip, city, and mountain vistas. Just minutes from Lake Mead, this expansive property offers the potential to build additional residences, making it ideal for an exclusive compound, luxury development, or long-term investment. The grounds feature a custom pool, lush garden areas, mature pine trees, and what is believed to be the largest Saguaro cactus in the region. The tri-level home provides two complete living quarters—one on the lower level and a second spanning the upper two. A truly irreplaceable property with limitless potential. Showings by appointment only. Do not enter without prior approval.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,988 | 1,592 | 93% |
| Lot Size | 60,984 | 6,534 | 99% |
| Price | $2.25M | $45.0K | 99% |
| Price per sq ft | $753 | $40 | 99% |
| Built year | 1980 | 1996 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 2743 | 1% |
Mar 10, 2026
$2,250,000
Initial Listing