118 Ocotillo Street, Henderson, NV 89015, Henderson, 89015 - 4 bed, 2 bath
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Henderson, NV 89015
This fully renovated single-story residence represents a Prime Investment Opportunity, listed at a List Price of $460,000—positioned well below the $473,890 Fair Market Value by 2%. This valuation gap provides $13,890 in Instant Equity. Featuring a Condition Rating of 2, the home offers modern quartz finishes and an expansive private lot with a covered patio. Located near the Water Street District with no HOA, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-utility home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 118 Ocotillo Street Subject | $460,000* List Price | 4 | 2 | 2,144 | $221 | - |
A 131 Arroyo Arch Lane Sold | $485,000 | 3 | 3 | 1,950 | $249 | 0.2 mi |
B 53 Rubato Lane Sold | $539,950 | 4 | 4 | 2,485 | $217 | 0.7 mi |
C 16 San Moise Lane Sold | $554,950 | 3 | 4 | 2,485 | $223 | 0.7 mi |
D 13 Mallory Street Active | $439,999 List Price | 4 | 3 | 1,728 | $255 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1953, the property has undergone a full modern renovation (likely within the last year). The kitchen features contemporary two-tone shaker cabinets, quartz countertops, a designer geometric backsplash, and new stainless steel appliances. The interior is in mint, move-in-ready condition with updated flooring and stylish finishes throughout.
This 1953 home has been completely transformed into a move-in-ready residence with over 2,100 sq. ft. of stylishly updated living space and a functional four-bedroom layout.
The property offers significant freedom and savings with no homeowner association fees, situated on a large private lot featuring a covered patio and professional hardscaping.
Located minutes from the vibrant Downtown Water Street District and within walking distance to Pinecrest Academy, the home provides excellent access to local dining, shopping, and community events.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The assigned public schools have relatively low ratings, specifically a 2/10 for the elementary school and a 3/10 for the high school, which may concern education-focused buyers.
Despite the modern interior renovations, the original 1953 construction may lead to higher long-term maintenance needs for underlying infrastructure compared to newer properties in the area.
Welcome to this beautifully renovated single-story home offering over 2,100 sq. ft. of thoughtfully designed living space on an oversized private lot with no HOA! Featuring 4 bedrooms and an open, functional floor plan, this move-in-ready property blends modern updates with everyday comfort. The renovated interior showcases stylish finishes, spacious living areas, and a layout ideal for both entertaining and daily living. Step outside to your private backyard retreat featuring an expansive covered patio, paver hardscape, and lush landscaping—creating the perfect setting to relax or host gatherings throughout the year. Ideally located in the heart of Henderson, this home is just minutes from the vibrant Downtown Water Street District, offering local dining, shopping, community events, and entertainment. Enjoy the convenience of nearby new shopping centers, parks, and everyday amenities. Pinecrest Academy is within walking distance, and major roadways provide easy access to the Las Vegas Valley. A rare opportunity to own a fully renovated, single-story home with over 2,100 square feet, 4 bedrooms, an oversized lot, no HOA, and an exceptional Henderson location.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,144 | - |
| Lot Size | 6,970 | - |
| Price | $460.0K | $527.3K |
| Price per sq ft | $215 | $279 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 2555 |
Jul 15, 2026
$460,000
Initial Listing