1885 Valley Drive, Las Vegas, NV 89108, Las Vegas, 89108 - 4 bed, 3 bath
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Las Vegas, NV 89108
This Mid-Century Modern Ranch is a Strong Value Opportunity, listed at $669,000—positioned well below the $749,306 Fair Market Value by 10%. This valuation gap provides $80,306 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home is move-in ready, featuring a refreshing pool, two wood-burning fireplaces, and an expansive 0.51-acre lot with No HOA. While local school ratings are low, the property’s proximity to high-value estates suggests significant appreciation potential. This is an ideal acquisition for Owner-Occupants seeking a vintage sanctuary or Buy-and-Hold Investors targeting stable, high-utilization assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1885 Valley Drive Subject | $669,000* List Price | 4 | 3 | 2,578 | $291 | - |
A 5028 Sawyer Avenue Sold | $530,000 | 3 | 3 | 2,364 | $224 | 0.7 mi |
B 5028 Sawyer Avenue Sold | $530,000 | 3 | 3 | 2,364 | $224 | 0.7 mi |
C 5328 W Lake Mead Boulevard Sold | $530,000 List Price | 3 | 3 | 2,136 | 0.9 mi | |
D 1751 Fairhaven Street Sold | $633,000 | 3 | 2 | 2,618 | $242 | 0.7 mi |
E 5028 SAWYER Avenue Sold | $530,000 | 3 | 3 | 2,364 | $224 | 0.7 mi |
F 1751 Fairhaven Street Sold | $633,000 | 3 | 2 | 2,618 | $242 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears meticulously maintained. Although built in 1962, it has been updated with stainless steel kitchen appliances, solid surface countertops, and modern laminate and tile flooring throughout. While some fixtures and the oak cabinetry reflect an older design style, the home shows minimal wear and tear and requires no immediate renovations for occupancy.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22216, living area = 2578.
Situated on over half an acre, this property features a refreshing pool and a circular motor court, offering rare space and privacy for the Las Vegas market.
This meticulously maintained 1962 ranch home preserves its vintage charm with two original wood-burning fireplaces and offers the freedom of no HOA restrictions.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
As a 1960s-era home, buyers may need to budget for potential updates to major systems or cosmetic renovations to align with contemporary luxury standards.
The assigned public schools have low ratings (ranging from 2 to 4), which may deter families prioritizing education and could impact future resale appeal.
Over half-an-acre of land sits under this 4 bed/3 bath, ~2600 sq ft. ranch home w/ refreshing pool. A true gem with TWO original wood-burning fireplaces in excellent condition and meticulously maintained. This modernly vintage Vegas gem with circle driveway motor court is not to be overlooked. Stone's throw away from the acclaimed Siegfried & Roy estate on the same street. Near other well preserved properties as well as brand new development in the area. Residential, mixed-use and commercial projects in the surrounding areas which leads to increased appreciation values! Very stable, quiet area where mid-century properties don't always come up for sale. NO HOA! Take advantage of this rare opportunity to own something that is worth it.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.3 mi
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 | 2,578 | 1,533 | 94% |
| Lot Size | 22,216 | 6,400 | 98% |
| Price | $669.0K | $352.9K | 98% |
| Price per sq ft | $260 | $232 | 65% |
| Built year | 1962 | 1984 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 882 | 1% |
Mar 6, 2026
$669,000
Initial Listing