1500 Cutler Drive, Las Vegas, NV 89117, Las Vegas, 89117 - 3 bed, 2 bath
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Las Vegas, NV 89117
This Single-Story Value-Add Residence represents a Strong Value Opportunity with a List Price of $525,000—positioned well below the $562,914 Fair Market Value by 6%. This valuation gap provides $37,914 in Instant Equity for buyers. While maintaining a Condition Rating of 4 due to dated 1994 finishes, the property features a rare Oversized 10,019 Sqft Lot, No HOA, and a 3-Car Garage. Located minutes from the Strip, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants seeking equity growth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1500 Cutler Drive Subject | $525,000* List Price | 3 | 2 | 1,888 | $298 | - |
A 1536 Brocado Lane Sold | $500,000 | 3 | 2 | 1,888 | $265 | 0.5 mi |
B 8505 CUSTER Court Sold | $629,999 | 3 | 2 | 1,888 | $334 | 0.3 mi |
C 8200 Bright Drive Sold | $549,999 List Price | 4 | 3 | 2,390 | 0.1 mi | |
D 8305 Windrush Avenue Sold | $410,000 | 4 | 3 | 1,970 | $208 | 0.1 mi |
E 8600 Soneto Lane Sold | $549,900 | 4 | 3 | 2,430 | $226 | 0.5 mi |
F 8600 Soneto Lane Sold | $549,900 | 4 | 3 | 2,430 | $226 | 0.5 mi |
G 8420 Gillette Street Active | $596,000 List Price | 4 | 3 | 2,390 | $249 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the home is well-maintained but dated. While the kitchen features updated stone countertops, it retains original oak cabinetry, older white appliances, and a dated fluorescent light box. The bathrooms and fixtures are original to the build date. Per the criteria, properties over 20 years old with dated finishes requiring updates fall into the Fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1888.
The property sits on a rare 10,019 sqft lot with no HOA fees, offering homeowners significant freedom, privacy, and space for outdoor customization or storage without restrictive covenants.
Featuring a functional 1,888 sqft single-level floor plan and a spacious 3-car garage, this home provides excellent accessibility and ample storage that is highly sought after in the Las Vegas market.
Built in 1994 with a 'classic' layout, the interior may require cosmetic modernizations and appliance upgrades to align with contemporary design trends and buyer expectations.
The lush, real grass lawn and mature landscaping, while aesthetically pleasing, will likely result in higher water utility costs and more intensive maintenance requirements in the desert climate.
This single-story residence offers a classic layout featuring three bedrooms and two full bathrooms. Located on an oversized lot with NO HOA and a spacious 3 car garage. The interior provides a functional and comfortable living space, highlighted by the convenience of single-level accessibility. Outside, the property is defined by beautiful mature landscaping and a lush, real grass lawn in the rear—a rare and refreshing find that creates a private, shaded retreat. The location places you just minutes from the world-famous Las Vegas Strip, offering immediate access to iconic entertainment, fine dining, and high-end shopping. Despite its proximity to the city's vibrant core, the established neighborhood maintains a sense of character and tranquility. This property presents a unique opportunity to enjoy a traditional home setting with a private outdoor oasis, all while remaining steps away from the energy of the world’s premier destination.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,888 | - |
| Lot Size | 10,019 | - |
| Price | $525.0K | $474.8K |
| Price per sq ft | $278 | $257 |
| Built year | 1994 | 0 |
| HOA | $0 | $0 |
| Days on market | 97 | 526 |
Apr 16, 2026
$525,000
Initial Listing