1801 Palo Alto Circle, Las Vegas, NV 89108, Las Vegas, 89108 - 4 bed, 3 bath
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Las Vegas, NV 89108
This Value-Add Single-Family Residence represents a Prime Investment Opportunity, featuring a $395,000 List Price positioned well below the $406,788 Fair Market Value by 2%. This valuation gap secures $11,788 in Instant Equity for the incoming buyer. While maintaining a Condition Rating of 4, the home benefits from a brand-new roof and a modernized kitchen with matte gray cabinetry and white countertops. Situated on a corner lot with a private patio and no HOA fees, the property requires only cosmetic finishing touches to maximize its value. This is an ideal acquisition for Owner-Occupants seeking sweat equity or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1801 Palo Alto Circle Subject | $395,000* List Price | 4 | 3 | 1,652 | $246 | - |
A 6224 Mandarin Drive Sold | $403,000 | 4 | 2 | 1,618 | $249 | 0.4 mi |
B 5804 Eugene Avenue Sold | $330,000 | 4 | 2 | 1,748 | $189 | 0.5 mi |
C 1309 N Mallard Street Sold | $415,000 | 5 | 2 | 1,639 | $253 | 0.5 mi |
D 1912 Stonington Place Sold | $409,000 | 4 | 2 | 1,896 | $216 | 0.3 mi |
E 912 Smith Street Sold | $370,000 | 3 | 2 | 1,575 | $235 | 0.8 mi |
F 6324 Eugene Avenue Sold | $450,000 | 4 | 2 | 1,852 | $243 | 0.6 mi |
G 6317 Cambria Avenue Pending | $375,000 List Price | 4 | 2 | 1,562 | $240 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 40 years old and, while it benefits from a brand-new roof and a modern kitchen renovation with updated cabinets and countertops, it is not move-in ready. The listing and images confirm that the home requires immediate cosmetic updates, including new carpeting and interior paint. Visible wear on the walls and unfinished elements like closet doors indicate that while major systems are functional, the home requires minor repairs and finishing touches to meet modern living standards.
The property features a brand-new roof and a modern, updated kitchen with matte gray cabinets and white countertops, significantly reducing immediate high-cost capital expenditures for the buyer.
Situated on a spacious corner lot, this home offers a functional four-bedroom floor plan with high ceilings and a cozy fireplace, maximizing the living space and curb appeal.
With low-maintenance rock landscaping and no monthly association fees, this property provides a more affordable long-term ownership profile compared to many surrounding Las Vegas communities.
The home requires new carpeting, interior painting, and various finishing touches, which may pose a challenge for buyers looking for a fully move-in-ready residence.
The seller has explicitly stated that no further updates or repairs will be made, placing the full responsibility and cost of finishing the home's renovation on the incoming buyer.
Set on a roomy corner lot with easy-care rock landscaping, this four-bedroom, three-bath home comes with a brand-new roof. The updated kitchen has a sleek, modern feel with matte gray cabinets and crisp white countertops. Tile floors flow through the living, dining, and kitchen spaces. Highlights include high ceilings on the main level and a cozy fireplace in the living room. The seller won’t be making any more updates, so carpeting, painting, and any finishing touches are up to the buyer. This is a great home for the right buyer!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 1,652 | 1,533 | 63% |
| Lot Size | 5,663 | 6,249 | 41% |
| Price | $395.0K | $352.9K | 70% |
| Price per sq ft | $239 | $232 | 53% |
| Built year | 1984 | 1984 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 882 | 0% |
Apr 10, 2026
$395,000
Initial Listing