
Henderson, NV 89002
This property presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $559,486 Fair Market Value by 1.87%. This valuation gap offers $10,486 in Instant Equity for buyers. Featuring a Fair Condition Rating (1989 build), the home requires modernization, yet the 0.34-acre lot and No HOA status provide significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1561 Equestrian Drive Subject | $549,000* List Price | 3 | 3 | 1,947 | $287 | - |
A 1581 Rocking Horse Drive Sold | $508,000 List Price | 4 | 3 | 2,484 | 0.7 mi | |
B 2001 Appaloosa Road Active | $659,000 List Price | 3 | 2 | 1,920 | $343 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35 years old) with no evidence of major renovations. The kitchen features original oak cabinetry, laminate counters, and dated fluorescent light boxes. While functional, the property exceeds the 30-year threshold for original systems and finishes, requiring a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 1947.
The property features a massive 0.34-acre lot, offering rare space for RV parking, a custom pool, or a large outdoor entertainment area.
The absence of a Homeowners Association provides owners with greater flexibility and eliminates monthly association fees, increasing long-term affordability.
The backyard is currently a blank canvas, meaning the buyer will need to budget for significant landscaping or hardscaping to make the outdoor space functional.
Built in 1989, the home may require cosmetic or system updates to meet modern aesthetic standards and energy efficiency compared to newer builds.
Welcome home to this fantastic single-story property situated on a massive 0.34-acre lot in Henderson's desirable River Mountain neighborhood! Offering 1,947 square feet of comfortable living space, this home features 3 spacious bedrooms, 2.5 bathrooms, and a bright, open floor plan perfect for entertaining. The sprawling backyard is a blank canvas with endless potential—plenty of room to build your dream pool, park your toys, or create an ultimate outdoor oasis. Complete with an attached garage and a highly functional layout, this property combines convenience, space, and a prime location with no HOA restrictions. Don't miss out on this rare find!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,947 | - |
| Lot Size | 14,810 | - |
| Price | $549.0K | $527.3K |
| Price per sq ft | $282 | $279 |
| Built year | 1989 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 2555 |
Jun 22, 2026
$549,000
Initial Listing