
Las Vegas, NV 89110
This High-Potential Value-Add Estate is listed at $1,400,000, currently positioned above the $1,285,964 Fair Market Value due to its specialized equestrian utility and multi-unit configuration. Holding a Condition Rating of 5, the asset requires completion of a major interior renovation, presenting a significant opportunity for forced appreciation. The property includes a detached two-bedroom casita, equestrian facilities, and unobstructed Strip views on a 0.8-acre lot. This acquisition is ideal for Fix-and-Flip Investors or Contractors looking to capitalize on a high-ceiling renovation project in a premium location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1345 Morning Sun Way Subject | $1,400,000* List Price | 7 | 5 | 5,440 | $236 | - |
A 785 Los Feliz Street Sold | $1,417,000 | 5 | 5 | 6,485 | $219 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is currently in the middle of a major renovation and is not in a move-in ready state. Interior images show the kitchen and bathrooms are completely unfinished, lacking countertops, appliances, and plumbing fixtures. Active construction is evident throughout the home, including scaffolding in the living areas and exposed ceilings, requiring substantial rehabilitation to be completed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34848, living area = 5440.
The property features a rare two-bedroom detached casita, offering exceptional versatility for multi-generational living, guest housing, or a high-potential rental income stream.
A standout for horse lovers, the estate includes dedicated horse stalls with a cooling area and a corral, providing a complete equestrian setup on nearly an acre of land.
With over 5,400 square feet of living space and specialized horse facilities, the property will require significant time and financial investment for ongoing upkeep and landscaping.
Constructed in 1996, the home may require cosmetic or system updates to meet the contemporary luxury standards expected by buyers at the $1.4 million price point.
Enjoy the best of both worlds with this one-of-a-kind property that offers breathtaking views of the Las Vegas Strip and plenty of space to spread out. Located in a quiet, private setting, this home includes a detached two-bedroom casita—perfect for guests, in-laws, or potential rental income.The main home offers comfortable living with an open floor plan, natural light, and versatile spaces for relaxing or entertaining. The property is ideal for horse lovers, featuring horse stalls with a cooling area, a dedicated horse corral, and a garage with plenty of room for storage or a workshop. Whether you're watching the sunset over the Strip or enjoying the peace and privacy of your own land, this property has something truly special to offer. A rare opportunity for anyone seeking space, flexibility, and unbeatable views—while still being just minutes from shopping, dining, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 5,440 | - |
| Lot Size | 34,848 | - |
| Price | $1.40M | $474.8K |
| Price per sq ft | $257 | $257 |
| Built year | 1996 | 0 |
| HOA | $0 | $0 |
| Days on market | 407 | 526 |
Jun 10, 2025
$1,400,000
Initial Listing