1158 Matthew Avenue, Las Vegas, NV 89123, Las Vegas, 89123 - 3 bed, 2 bath
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Las Vegas, NV 89123
This Single-Story Silverado Ranch Residence is a Strong Value Opportunity, listed at $410,000—positioned well below the $433,298 Fair Market Value by 5%. This valuation gap provides $23,298 in Instant Equity for the incoming owner. Maintaining a Condition Rating of 4, the home features a Granite Kitchen, Vaulted Ceilings, and a private Covered Patio with no rear neighbors. With No HOA Fees and proximity to the 7-rated Louis Wiener Jr Elementary, it balances lifestyle comfort with financial upside. This is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1158 Matthew Avenue Subject | $399,900* List Price | 3 | 2 | 1,278 | $321 | - |
A 7975 ASPENDALE Drive Sold | $310,000 | 3 | 2 | 1,214 | $255 | 0.3 mi |
B 7951 Aspendale Drive Sold | $365,000 List Price | 3 | 2 | 1,214 | 0.3 mi | |
C 8366 Green Cedar Drive Sold | $370,000 | 2 | 2 | 1,088 | $340 | 0.6 mi |
D 7951 Aspendale Drive Sold | $410,000 | 3 | 2 | 1,214 | $338 | 0.3 mi |
E 8366 Green Cedar Drive Sold | $370,000 | 2 | 2 | 1,088 | $340 | 0.6 mi |
F 898 Nellie Jo Drive Sold | $360,000 | 2 | 2 | 1,088 | $331 | 0.6 mi |
G 8017 Orchestra Avenue Active | $400,000 List Price | 3 | 2 | 1,278 | $313 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this property is well-maintained and move-in ready but shows clear signs of its age. The kitchen features partial updates including granite countertops and stainless steel appliances, yet retains dated cabinetry and fluorescent box lighting. While the interior includes functional upgrades like a smart thermostat and tile flooring, the overall aesthetic and major components align with the 'fair' category for a 30+ year old home that has not undergone a full, contemporary renovation.
The absence of a Homeowners Association offers significant monthly cost savings and greater freedom for homeowners regarding property use and modifications.
The lot is uniquely positioned with no rear neighbors, providing a more private and serene backyard experience complemented by a covered patio.
The home features desirable upgrades including granite countertops, stainless steel appliances, and vaulted ceilings that create a contemporary, move-in-ready atmosphere.
At 1,278 square feet for a three-bedroom residence, the interior living spaces and secondary bedrooms may feel compact for larger families or those requiring ample storage.
Built in 1992, the home may require upcoming capital expenditures for aging major systems such as the roof or HVAC if they have not been recently replaced.
Welcome home to this charming single-story residence located in the heart of Silverado Ranch, offering comfort, functionality, and freedom with no HOA. This well-designed home features 3 spacious bedrooms, 2 full bathrooms, and a 2-car garage, perfect for everyday living and entertaining. Inside, you’ll find vaulted ceilings that create an open and airy feel, complemented by tile flooring throughout the main living areas. The kitchen is equipped with granite countertops and stainless steel appliances, providing both style and durability. The inviting family room centers around a cozy fireplace, ideal for relaxing evenings at home. Step outside to enjoy a covered patio and nicely sized backyard with no rear neighbors, offering added privacy and space for outdoor enjoyment. Conveniently located near shopping, dining, parks, and freeway access, this home combines a desirable location with sought-after features—don’t miss this Silverado Ranch gem.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,278 | 1,905 | 11% |
| Lot Size | 5,663 | 6,098 | 43% |
| Price | $399.9K | $410.0K | 48% |
| Price per sq ft | $313 | $227 | 86% |
| Built year | 1992 | 1997 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 812 | 1% |
Apr 15, 2026
$399,900
$407,500
-2% Price Drop
Initial Listing
Apr 4, 2026
$407,500
$410,000
-1% Price Drop
Initial Listing
Feb 20, 2026
$410,000
Initial Listing
Apr 13, 1998
$119,000
Public Record