1158 Paradise River Road, Henderson, NV 89002, Henderson, 89002 - 3 bed, 3 bath
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1158 Paradise River Road
Henderson, NV 89002
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,611Sq Ft
2,614Lot Size
Property Price
LIST PRICE$348,000
EST. MARKET VALUE
$365,113
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $363,000—positioned well below the $376,078 Fair Market Value by 3%. This valuation gap offers $13,078 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, a private Patio, and Mountain Views. Zoned for Top-Rated Schools like Smalley Elementary (9/10), this property balances financial stability with lifestyle convenience. It is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey residence.
Estimated Market Value
$365,113+$17,113 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1158 Paradise River Road Subject | $348,000* List Price | 3 | 3 | 1,611 | $227 | - |
A 1168 Paradise River Road Sold | $345,000 | 3 | 3 | 1,611 | $214 | 0.0 mi |
B 1148 Paradise Garden Drive Sold | $349,000 | 3 | 3 | 1,611 | $217 | 0.1 mi |
C 1161 GECKO Road Sold | $350,000 | 3 | 3 | 1,337 | $262 | 0.0 mi |
D 1161 Gecko Road Sold | $350,000 | 3 | 3 | 1,337 | $262 | 0.0 mi |
E 1135 Paradise Garden Drive Active | $350,000 List Price | 3 | 3 | 1,611 | $217 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (20 years old), the property is well-maintained and move-in ready. The kitchen features granite countertops and functional cabinetry, while the interior shows updated flooring and clean finishes. Systems like the HVAC appear functional, fitting the 10-20 year age bracket for a well-kept home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: James E & A Rae Smalley Elementary School (9/10).
- Modern Interior Finishes
The kitchen features high-quality granite countertops, rich wood cabinetry, and a functional island with a breakfast bar, offering a contemporary aesthetic that is move-in ready.
- Prime Location and Accessibility
Situated in a secure gated community just 4 minutes from I-93 and near Nevada State University, the property offers a perfect balance of scenic mountain views and convenient commuter access.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of only 2,614 square feet, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large private yard or extensive gardening space.
- Recurring HOA Expenses
The $190 monthly association fee adds a consistent carrying cost to the property, which may impact the overall affordability for budget-conscious buyers.
About 1158 Paradise River Road
Welcome to this charming two-story home tucked within a beautifully maintained, gated community with stunning mountain scenery! Step inside and you're greeted with an open floor plan with a separate dining area. The kitchen features rich wood cabinetry, granite countertops, and an island with a breakfast bar! Upstairs, you'll find well-sized bedrooms and a separate laundry area! Spacious backyard with paved stone, a great place to relax or enjoy the outdoors! The community offers walking trails, basketball courts, and a park with shaded picnic tables! 4 minutes away from I-93, close to Nevada State University and mountain trails. Don't miss out on this great opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $190 / Month
Neighborhood Insights
Henderson Unified Schools
Marlan J. Walker Elementary School
Grades PK-5 • 1.7 mi
7/10
James E & A Rae Smalley Elementary School
Grades PK-5 • 2.5 mi
9/10
Jack & Terry Mannion Middle School
Grades 6-8 • 2.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,611 | 2,064.015 |
| Lot Size | 2,614 | 6,098 |
| Price | $348.0K | $525.0K |
| Price per sq ft | $216 | $265 |
| Built year | 2006 | 2005 |
| HOA | $190 | $110 |
| Days on market | 27 | 70 |
Pricing History
Listed for Sale
Sep 1, 2026
$348,000
$358,000
-3% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$358,000
$363,000
-1% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$363,000
Initial Listing