1605 Preston Park Drive, Henderson, NV 89052, Henderson, 89052 - 3 bed, 3 bath
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1605 Preston Park Drive
Henderson, NV 89052
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,321Sq Ft
8,276Lot Size
Property Price
LIST PRICE$915,000
EST. MARKET VALUE
$865,808
5% AboveMARKET VALUE
SUMMARY
This Sun City Anthem Single Family Residence is a High-Potential Investment Opportunity, listed at $915,000—positioned above the $865,809 Fair Market Value by 5%. Despite the premium, the property offers a rare 2.25% assumable loan and a paid-off 9,500-watt solar system, significantly lowering monthly carrying costs. Featuring a Fair Condition Rating with original 2001 interiors, the home provides a canvas for modernization while offering panoramic mountain views and a private jacuzzi. This is an ideal acquisition for Retirees or Owner-Occupants seeking long-term energy efficiency and lifestyle luxury.
Estimated Market Value
$865,808
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1605 Preston Park Drive Subject | $915,000* List Price | 3 | 3 | 2,321 | $373 | - |
A 2856 Sumter Valley Circle Sold | $875,000 | 3 | 3 | 2,288 | $382 | 0.2 mi |
B 2875 Scotts Valley Drive Sold | $830,000 | 2 | 3 | 2,592 | $320 | 0.5 mi |
C 2012 Oliver Springs Street Sold | $810,000 | 2 | 3 | 2,576 | $314 | 0.9 mi |
D 1668 Williamsport Street Sold | $899,000 List Price | 2 | 3 | 2,592 | 0.5 mi | |
E 2962 GETTYSBURG Avenue Sold | $725,000 | 2 | 3 | 2,560 | $283 | 0.4 mi |
F 2925 Formia Drive Sold | $845,000 | 3 | 2 | 2,637 | $320 | 0.3 mi |
G 1653 Wellington Springs Avenue Active | $949,900 List Price | 3 | 3 | 2,592 | $366 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2001, the property is 23 years old, placing it in the 'Fair' category based on age. While the home is meticulously maintained and features high-value upgrades like a massive solar system, new paint, and new sliding doors, the kitchen and bathrooms appear to retain their original 2001 cabinetry, countertops, and lighting fixtures, which are now dated.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The property features a rare 2.25% assumable loan, offering significant monthly savings and a unique financial advantage in a high-interest rate market.
- Superior Energy Efficiency
A fully paid-off 9,500-watt solar system valued at $47,000 reduces the average electric bill to just $19 per month, providing immense long-term value.
- Premium Views and Privacy
The home boasts five walls of windows and a dedicated Nevada room that capture dramatic mountain and city light views with outstanding privacy.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
As part of a 55+ community, the potential buyer pool is restricted to a specific demographic, excluding younger families or investors seeking all-age rentals.
- High Monthly Carrying Costs
The $435 monthly association fee, combined with a premium list price of $915,000, may challenge buyers looking for a more budget-friendly retirement option.
About 1605 Preston Park Drive
• Extremely rare ASSUMABLE & REASSUMABLE 2.25% loan • Available to ANY bankqualified buyer • Assume P&I: $2,943/mo. Of which $1,653 firstmonth principal paydown (increases monthly) • Approx. $1,290 tax deductible interest • Sun City Anthem – Premier 55+ Community • Outstanding privacy • Five walls of windows with dramatic daily mountain, city lights & canyon views • Huge Nevada room with panoramic views • Extra thick carpet padding • Real hardwood & tile flooring • New low noise, highest grade sliding glass doors, new paint in and out. • Remote window coverings • RO water system • Wholehouse vacuum • Walkin closet • Garden tub + dual sinks • Garage w/golfcart parking & 7ft workbench • Artificial grass • Front courtyard • Sparkling jacuzzi • Covered patio • Builtin BBQ • Lowmaintenance landscaping Gigantic Paid off 9,500watt solar system (bankappraised at $47,000) • Current electric bill: $19/mo • EV charger • Multiple reducedgas upgrades • Extra inverter capacity for future solar panels to eliminate gas furnaces, 50+ social clubs • Worldclass recreational facilities • A rare combination of beauty, privacy, views, energy efficiency, and one in a lifetime financing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,321 | 2,064.015 |
| Lot Size | 8,276 | 6,098 |
| Price | $915.0K | $525.0K |
| Price per sq ft | $394 | $265 |
| Built year | 2001 | 2005 |
| HOA | $435 | $110 |
| Days on market | 24 | 70 |
Pricing History
Listed for Sale
Aug 16, 2026
$915,000
Initial Listing