
Las Vegas, NV 89161
Analysis of 11895 W Wigwam Avenue, Las Vegas, NV 89161 is currently available with a list price of $1,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is currently in a gutted state, as evidenced by interior photos showing exposed wall studs, unfinished ceilings, and a lack of flooring. There are no functional kitchen or bathroom facilities beyond a utility sink, and the home requires a complete interior build-out. While the structure was built in 1985, it is currently unlivable and requires substantial rehabilitation, with the listing's value primarily focused on the 4.29-acre lot and approved development plans.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 186872, living area = 1540.
Approved home plans through the Clark County Building Department provide a significant head start for buyers, bypassing lengthy architectural and permitting phases.
The 4.29-acre parcel is fully usable and situated outside the Red Rock protected zone, offering rare freedom for a custom equestrian buildout without restrictive HOA oversight.
The current 1985 structure and small 380-square-foot garage may not meet modern luxury standards, likely requiring significant additional investment or a complete rebuild.
Reliance on a private well and septic system requires ongoing owner responsibility for maintenance and water quality, which may be a deterrent compared to city-serviced properties.
This 4.29 acre equestrian property sits just outside the Red Rock Conservation Area, giving you the rural foothill setting without the restrictions of being inside the protected zone. The acreage is the winner! Wide open, fully usable, and ideal for a complete equestrian buildout. The property is equipped with power, a private well, septic, and a 380 square foot garage for immediate storage or workspace. What elevates this parcel even further is that the home plans have already been approved through the Clark County Building Department, giving a buyer a substantial head start on development. The location offers privacy, panoramic views, and quick access to freeways, restaurants, shopping and the Blue Diamond and Red Rock recreation areas. Large, usable equestrian parcels in this part of the valley are increasingly rare, and this one delivers the space, setting, and development readiness that serious buyers want.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1985 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Nov 19, 2025
$1,250,000
Initial Listing