
Henderson, NV 89011
This Value-Driven Lake Las Vegas Residence is a Strong Value Opportunity, listed at $439,500—positioned well below the $448,137 Fair Market Value by 1%. This valuation gap offers $8,637 in Instant Equity for buyers. Maintaining a Good Condition Rating, the interior features a Granite Kitchen, Cherry Cabinetry, and Mountain Views. Recent mechanical upgrades, including a 2021 Carrier A/C, ensure low immediate maintenance. Located in the gated Villa Palermo, this is a prime acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1214 Calcione Drive Subject | $429,500* List Price | 2 | 2 | 1,360 | $309 | - |
A 1012 ARMILLARIA Street Sold | $460,000 | 3 | 2 | 1,588 | $290 | 0.7 mi |
B 1012 ARMILLARIA Street Sold | $460,000 | 3 | 2 | 1,588 | $290 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2005-built home is in move-in ready condition and falls within the 10-20 year age bracket for a 'good' rating. The property features a well-maintained interior with high-end kitchen upgrades including granite countertops, cherry cabinetry, and stainless steel appliances. Significant value is added by recent mechanical updates, specifically a newer A/C unit from 2021 and a new heating system. The overall aesthetic is polished with plantation shutters, upgraded tile flooring, and elegant French doors, showing minimal wear and tear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1360.
Positioned as the lowest-priced residence in the entire Lake Las Vegas community, this property offers an unmatched entry-level opportunity into an exclusive gated enclave.
The home features significant recent investments including a newer Carrier A/C unit (2021), a new heating system, and a $2,500 high-tech allergy filtration system, reducing immediate capital expenditure for the buyer.
At 1,360 square feet, the home has a relatively compact footprint for a single-family residence, which may limit its appeal to buyers seeking more spacious living areas or additional bedrooms.
The property is served by schools with mixed performance ratings, and most are located several miles away, which could be a drawback for families prioritizing educational convenience.
Best value in Lake Las Vegas! Currently the lowest priced home in the entire community, located within the exclusive gated enclave of Villa Palermo. This beautifully maintained 2-bedroom + den residence offers privacy, scenic mountain and downtown city lights views, and numerous upgrades throughout. A charming private courtyard entry welcomes you into the home. The upgraded kitchen features high-end stainless steel appliances, granite countertops, cherry cabinetry, custom backsplash, and upgraded flooring. Additional highlights include plantation shutters, full surround sound, and eight elegant French doors that bring in abundant natural light. Spacious primary suite offers custom closet built-ins and a relaxing jetted tub. Recent upgrades include a newer Carrier A/C unit (2021), new heating unit, and a $2,500 high-tech allergy filtration system installed in the attic. Located in the heart of Lake Las Vegas, residents enjoy the breathtaking 320-acre lake.
No exterior & parking available.
Grades PK-5 • 3.1 mi
Grades PK-5 • 7.1 mi
Grades PK-5 • 9.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 3.0 | 30% |
| Square foot | 1,360 | 2,063.5 | 15% |
| Lot Size | 7,405 | 6,098 | 65% |
| Price | $429.5K | $0 | 74% |
| Price per sq ft | $316 | $0 | 89% |
| Built year | 2005 | 2010 | 35% |
| HOA | $229 | $29 | 90% |
| Days on market | 35 | 2523 | 1% |
Apr 10, 2026
$429,500
$439,500
-2% Price Drop
Initial Listing
Mar 19, 2026
$439,500
Initial Listing