11881 Principi Court, Las Vegas, NV 89183, Las Vegas, 89183 - 3 bed, 3 bath
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11881 Principi Court
Las Vegas, NV 89183
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,993Sq Ft
3,485Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$456,652
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $450,000—positioned well below the $456,653 Fair Market Value by 1.46%. This valuation gap offers $6,653 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern tile flooring, quartz countertops, and a tankless water heater, this home provides a high-quality, low-maintenance lifestyle. While the solar PPA requires assumption, the minimal $20 HOA fee ensures long-term affordability. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Estimated Market Value
$456,652
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11881 Principi Court Subject | $450,000* List Price | 3 | 3 | 1,993 | $229 | - |
A 11855 Bella Luna Street Sold | $474,999 | 3 | 3 | 1,993 | $238 | 0.1 mi |
B 87 Glen Park Avenue Sold | $420,000 | 4 | 3 | 2,014 | $209 | 0.2 mi |
C 11862 Partenio Court Sold | $470,000 | 3 | 3 | 1,849 | $254 | 0.0 mi |
D 194 Gilliflower Avenue Sold | $378,500 | 3 | 3 | 1,485 | $255 | 0.1 mi |
E 72 Dark Creek Avenue Sold | $415,000 | 3 | 3 | 2,041 | $203 | 0.3 mi |
F 90 Branch Field Avenue Sold | $420,000 | 3 | 3 | 1,777 | $236 | 0.5 mi |
G 117 Serpens Avenue Sold | $505,000 | 4 | 3 | 2,323 | $217 | 0.7 mi |
H 11688 Tierney Creek Drive Sold | $435,000 | 4 | 3 | 2,313 | $188 | 0.4 mi |
I 11680 Tierney Creek Drive Active | $484,999 List Price | 4 | 3 | 2,313 | $210 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 2004, the property has undergone significant recent renovations including updated white cabinetry, upgraded quartz countertops, stainless steel appliances, and modern wood-look tile flooring. The addition of a tankless water heater and the mint interior condition meet the criteria for a high-quality renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Upgrades
The home features significant interior improvements, including upgraded kitchen cabinetry, stone countertops, tile flooring, and a tankless water heater, offering immediate move-in value.
- Versatile Living Space
With nearly 2,000 square feet of living area including a dedicated loft and a primary suite with a jacuzzi tub, the floor plan provides excellent flexibility for families or remote work.
- Low Ownership Costs
The property boasts an exceptionally low monthly association fee of $20 and low-maintenance landscaping, significantly reducing ongoing carrying costs for the homeowner.
CONSRISKS & DEFICIENCIES
- Solar Lease Assumption
The requirement for the buyer to assume a solar Power Purchase Agreement (PPA) may complicate the financing process and represents a long-term contractual obligation.
- Limited Outdoor Space
Situated on a modest 3,485-square-foot lot, the property offers minimal backyard space, which may be a drawback for buyers seeking large outdoor entertaining areas or increased privacy.
About 11881 Principi Court
Welcome home! This sparkling 3 bed, 2.5 bath home wont last long. This house is overflowing with upgrades including gorgeous tile flooring, upgraded kitchen counters, appliances, and updated cabinets. Additional upgrades include built-in surround sound system in the living room, tankless water heater, jacuzzi tub in primary bath. Cozy living room, dining room, and loft provide ample space for entertaining and activities. Low maintenance landscaping in the front and backyard provides the perfect low-stress base for entertaining, relaxing or whatever your heart desires. Buyer must assume solar PPA. Come see this stunning home while it lasts!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $20 / Month
Neighborhood Insights
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 | 1,993 | 1,961.945 |
| Lot Size | 3,485 | 6,098 |
| Price | $450.0K | $486.0K |
| Price per sq ft | $226 | $259 |
| Built year | 2004 | 2002 |
| HOA | $20 | $83 |
| Days on market | 14 | 62 |
Pricing History
Listed for Sale
Aug 26, 2026
$450,000
Initial Listing