112 Kathy Court, Las Vegas, NV 89145, Las Vegas, 89145 - 2 bed, 2 bath
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Las Vegas, NV 89145
This property represents a High-Potential Investment Opportunity, listed at a List Price of $325,000—positioned well above the $235,870 Fair Market Value by 37%. While the property lacks instant equity, its Prime Location & Lot Positioning on a corner cul-de-sac near Summerlin provides long-term stability. Featuring a Fair Condition Rating with original 1985 systems, the home requires a full cosmetic rehab to modernize the interior. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a value-add renovation strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 112 Kathy Court Subject | $325,000* List Price | 2 | 2 | 1,066 | $221 | - |
A 8001 Tribal Circle Sold | $404,000 | 3 | 2 | 1,322 | $306 | 0.8 mi |
B 7604 Pheasant Lane Active | $379,000 List Price | 3 | 2 | 1,180 | $321 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1985, making it nearly 40 years old, which falls into the >30y 'Poor' category. While clean, the kitchen and bathrooms appear original with dated oak cabinetry, laminate countertops, and fluorescent lighting. The presence of popcorn ceilings and original flooring indicates the home requires a full cosmetic rehab to meet modern standards.
Situated on a desirable corner lot within a quiet cul-de-sac at the edge of Summerlin, offering a premium location with reduced traffic and enhanced privacy.
The property features a rare $0 association fee, providing significant monthly savings and greater freedom for the homeowner compared to neighboring communities.
The layout maximizes the lot with a private front courtyard, a functional side yard, and a spacious backyard with a covered patio, ideal for desert outdoor living.
At just 1,066 square feet with only two bedrooms, the home may be too small for growing families or buyers requiring a dedicated home office.
Built in 1985, the property may soon require capital improvements for aging infrastructure such as roofing, HVAC, or plumbing to meet modern efficiency standards.
Beautiful corner lot cottage located at the doorsteps of Summerlin nestled snugly into a beautiful cul de sac. The front gate leads to a beautiful partially covered courtyard, side yard with a zero lot line for optimal space, and a spacious backyard with a wonderful covered patio. The interior offers a living room with vaulted ceilings including a gorgeous mid-century modern inspired fireplace, large windows that let in plenty of light, and a kitchen that puts the finishing touches on a fantastic layout. Enjoy great vehicle space with a detached two-car garage and a generously sized driveway. What a score!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 3% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,066 | 1,988.5 | 1% |
| Lot Size | 5,663 | 6,970 | 21% |
| Price | $325.0K | $410.0K | 31% |
| Price per sq ft | $305 | $268 | 80% |
| Built year | 1985 | 1994 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 454 | 1% |
May 27, 2026
$325,000
Initial Listing