
Las Vegas, NV 89102
This Scotch Eighties Estate represents a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,109,471 Fair Market Value by 5%. This valuation gap offers $59,471 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern kitchen renovations and a massive 28,750 sq. ft. lot with a private tennis court, casita, and 50,000-gallon pool. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, high-utility luxury asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1818 Waldman Avenue Subject | $1,050,000* List Price | 4 | 6 | 4,346 | $255 | - |
A 2211 Edgewood Avenue Active | $1,220,000 List Price | 4 | 4 | 3,966 | $308 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1971, the property has undergone significant renovations within the last 5-15 years. The kitchen features modern grey cabinetry, stone countertops, and stainless steel appliances. Living areas include updated wood flooring and a contemporary stone fireplace, making the home functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28750, living area = 4346.
Situated in the prestigious Scotch Eighties neighborhood, this property offers exceptional proximity to the Las Vegas Strip and Fremont Street, providing high desirability and long-term value.
The expansive 28,750 sq. ft. lot features a private tennis court, a separate casita, and a massive 50,000-gallon grandfathered pool, creating a rare resort-style estate footprint.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4346, other record living area = 3986. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Built in 1971, the property and its grandfathered features like the large pool and fireplace may require significant modernization or costly maintenance to meet contemporary safety and efficiency standards.
Given the age and 4,346 sq. ft. size of the home, buyers should anticipate substantial capital investment to update interior finishes and systems to align with the million-dollar price point.
located in famous Scotch Eightys, Close to the strip, and Fremont Street. Large lot with casita, tennis Cort, grandfathered 50,000 gallon pool grandfathered fireplace.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,346 | 1,961.945 |
| Lot Size | 28,750 | 6,098 |
| Price | $1.05M | $486.0K |
| Price per sq ft | $242 | $259 |
| Built year | 1971 | 2002 |
| HOA | $0 | $83 |
| Days on market | 36 | 62 |
Aug 4, 2026
$1,050,000
Initial Listing