1157 Palmetto Bay Drive, Henderson, NV 89012, Henderson, 89012 - 4 bed, 3 bath
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Henderson, NV 89012
This Spacious Henderson Residence is a High-Potential Investment Opportunity listed at $695,000—positioned well below the $717,415 Fair Market Value by 3%. This valuation gap provides $22,415 in Instant Equity for buyers. Maintaining a Good Condition Rating, the home features scenic mountain views, an open floor plan with plantation shutters, and a granite kitchen. With no rear neighbors and proximity to Dragon Ridge, it balances privacy with lifestyle. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1157 Palmetto Bay Drive Subject | $695,000* List Price | 4 | 3 | 2,692 | $266 | - |
A 901 EVEREST PEAK Avenue Sold | $549,999 List Price | 4 | 3 | 2,869 | 0.7 mi | |
B 225 ASHVILLE Court Sold | $710,000 | 4 | 3 | 2,909 | $244 | 0.4 mi |
C 316 GOLDSTAR Street Sold | $549,900 List Price | 4 | 4 | 2,947 | 0.8 mi | |
D 309 GOLDSTAR Street Sold | $785,000 | 4 | 4 | 3,403 | $231 | 0.8 mi |
E 845 Motherwell Avenue Sold | $544,900 List Price | 4 | 3 | 2,793 | 0.7 mi | |
F 208 Palmetto Pointe Drive Active | $749,900 List Price | 3 | 3 | 2,692 | $279 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is well within the 10-20 year age bracket for a 'good' rating. It is move-in ready with a well-maintained interior featuring stainless steel appliances, granite countertops, and plantation shutters. While the cabinetry and bathroom fixtures appear original to the build date, they show minimal wear and tear, and the home requires no immediate renovations.
The property offers exceptional privacy with no rear neighbors and features scenic mountain views, situated below the prestigious Dragon Ridge community.
The bright, open floor plan with high ceilings and a master suite separated from secondary bedrooms provides an ideal balance of volume and personal privacy.
The home is equipped with high-end plantation shutters, a large kitchen with a built-in desk, and a garage featuring custom cabinetry and shelving for maximum organization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 2006, the property may soon require capital expenditures for original major systems such as the HVAC or roof as they approach the end of their typical lifecycles.
The $186 association fee adds a consistent monthly carrying cost that may impact the overall affordability for budget-sensitive buyers.
The home features a bright, open floor plan with high ceilings, plantation shutters, a large kitchen with island and built-in desk, formal dining area, stainless steel appliances and a master suite with upgraded walk-in shower, large tub, and nice size walk-in closet, separate from other bedrooms. The backyard includes a covered patio, Dragon Ridge Homes above and no rear neighbors for added privacy. The garage is outfitted with custom cabinets and shelves.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,692 | 1,835 | 71% |
| Lot Size | 7,405 | 6,098 | 73% |
| Price | $695.0K | $0 | 92% |
| Price per sq ft | $258 | $0 | 66% |
| Built year | 2006 | 2000 | 82% |
| HOA | $186 | $38 | 85% |
| Days on market | 42 | 2519 | 1% |
Mar 12, 2026
$695,000
Initial Listing