
Las Vegas, NV 89169
This Extensively Remodeled Residence is a High-Potential Investment Opportunity listed at $449,900—positioned well below the $511,354 Fair Market Value by 12%. This valuation gap provides $61,454 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features a renovated granite kitchen, dual-pane windows, and a private pool and spa. The unique hidden basement and five-bedroom layout offer rare versatility without the burden of HOA fees. This property is an exceptional find for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting high-equity assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1580 Palora Avenue Subject | $449,900* List Price | 5 | 3 | 2,684 | $191 | - |
A 1564 Vegas Valley Drive Sold | $414,999 | 4 | 3 | 2,103 | $197 | 0.2 mi |
B 2825 Burnham Avenue Sold | $444,000 | 4 | 2 | 2,073 | $214 | 0.5 mi |
C 1914 Capistrano Avenue Sold | $425,000 | 4 | 2 | 2,253 | $189 | 0.3 mi |
D 2333 PALORA Avenue Sold | $368,000 | 5 | 3 | 1,779 | $207 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. Key features include a fully remodeled kitchen with new wood cabinetry and granite countertops, updated bathrooms with new vanities, and new flooring throughout. The home also benefits from fresh interior and exterior paint, upgraded lighting, and new dual-pane windows. Despite its 1961 build date, the comprehensive nature of the updates and the move-in-ready condition of all major interior components qualify it for an excellent rating.
The property has been significantly updated with a remodeled kitchen featuring granite countertops, new flooring, fresh interior/exterior paint, and dual-pane windows, offering a move-in-ready aesthetic.
With five bedrooms and a rare hidden basement accessible from the first-floor primary suite, the layout provides exceptional flexibility for multi-generational living, a home office, or a wine cellar.
The backyard features a private pool and spa, and the absence of a homeowners association allows for greater owner freedom and lower monthly carrying costs in a central location.
The property utilizes a two-car carport rather than a fully enclosed garage, which may be a drawback for buyers seeking maximum security or climate-controlled vehicle storage.
Built in 1961, the home may present long-term maintenance requirements associated with older infrastructure and systems that are common for properties of this era, despite the cosmetic upgrades.
Incredible opportunity to own a beautifully remodeled home in the heart of Las Vegas. This property features a low-maintenance desert-landscaped front yard, a two-car carport, and fresh interior and exterior paint. The interior offers spacious living areas with upgraded lighting, new flooring, skylights, dual-pane windows, and abundant natural light throughout. The renovated kitchen features new wood cabinetry, granite countertops, a double sink, and a stainless steel faucet. The upstairs primary suite includes a walk-in closet and an updated bathroom with a new vanity and a tub/shower combination. Generously sized bedrooms feature ceiling fans and ample closet space. A second primary bedroom on the first floor includes access to a hidden basement, ideal for a wine cellar, storage, office, or hobby room. The backyard is designed for entertaining and relaxation, complete with a sparkling pool and spa. This truly unique home offers versatility, style, and comfort in a prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 91% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 2,684 | 1,758 | 91% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $449.9K | $389.0K | 81% |
| Price per sq ft | $168 | $214 | 25% |
| Built year | 1961 | 1963 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 353 | 3% |
Feb 3, 2026
$449,900
Initial Listing