1109 Olvera Way, Las Vegas, NV 89128, Las Vegas, 89128 - 3 bed, 2 bath
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Las Vegas, NV 89128
This single-story residence represents a Strong Value Opportunity, listed at $415,000—positioned above the $387,734 Fair Market Value. While the property lacks an instant equity gap, it offers a Condition Rating of 4, featuring a private swimming pool and no HOA restrictions. The dated kitchen provides a clear path for value-add renovations to modernize the interior. Located near the US-95 freeway and Tenaya medical corridor, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable property in a high-convenience location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1109 Olvera Way Subject | $415,000* List Price | 3 | 2 | 1,143 | $339 | - |
A 1636 Royal Palm Drive Sold | $325,000 | 2 | 2 | 1,130 | $288 | 0.5 mi |
B 1628 Sierra Hills Way Sold | $365,000 | 3 | 2 | 1,322 | $276 | 0.5 mi |
C 1533 Wintergreen Drive Sold | $390,000 | 3 | 2 | 1,284 | $304 | 0.4 mi |
D 7216 Sun Cove Circle Sold | $310,000 List Price | 2 | 2 | 1,131 | 0.7 mi | |
E 1624 Leaning Pine Way Sold | $400,000 | 3 | 3 | 1,481 | $270 | 0.5 mi |
F 1729 Villa Vista Way Sold | $375,000 List Price | 3 | 2 | 1,322 | 0.6 mi | |
G 7308 Calvado Street Active | $369,000 List Price | 2 | 2 | 1,214 | $304 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is over 30 years old. While the flooring appears to have been recently updated and the exterior pool area is well-maintained, the kitchen remains dated with original-style cabinetry and a mix of older appliances, requiring further modernization to meet current market standards.
The property features a private swimming pool, covered patio, and built-in BBQ, offering a premium outdoor living experience that is highly sought after in the Las Vegas climate.
The absence of a Homeowners Association provides the owner with significant monthly savings and greater freedom regarding property use and maintenance compared to neighboring communities.
Situated with immediate access to the US-95 freeway, Trader Joe's, and the Tenaya medical corridor, the home offers exceptional convenience for commuting, shopping, and healthcare.
At 1,143 square feet for a three-bedroom configuration, the interior living spaces and secondary bedrooms may feel cramped for families or those requiring more spacious common areas.
The property is zoned for schools with lower performance ratings, specifically a rating of 3 for the high school and 2 for a nearby elementary school, which may deter education-focused buyers.
Discover this single family home within the highly desirable 89128 zip code. This charming 3 bedroom, single-story home offers a private swimming pool, a covered patio, and a built-in BBQ, perfect for outdoor living and entertaining. Enjoy unparalleled convenience with proximity to the US-95 freeway, the LVAC, and premier shopping destinations like Best in the West and Trader Joe's. Essential services are also nearby, with easy access to the hospitals and clinics of Tenaya. This home provides a seamless blend of comfort, convenience, and a vibrant lifestyle. There is NO HOA!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.7 mi
Grades 6-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,143 | - |
| Lot Size | 5,227 | - |
| Price | $415.0K | $474.8K |
| Price per sq ft | $363 | $257 |
| Built year | 1993 | 0 |
| HOA | $0 | $0 |
| Days on market | 11 | 526 |
Jul 11, 2026
$415,000
Initial Listing