1905 Caviar Drive, Las Vegas, NV 89108, Las Vegas, 89108 - 4 bed, 3 bath
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Las Vegas, NV 89108
This property presents a High-Potential Investment Opportunity with a List Price of $279,900—positioned well below the $316,226 Fair Market Value by 11%. This valuation gap offers $36,326 in Instant Equity for buyers capable of managing a full-scale restoration. With a Condition Rating of 5, the home requires significant structural rehabilitation due to fire damage. This 4-bedroom, 3-bathroom asset is a cash-only acquisition ideal for Fix-and-Flip Investors or Contractors seeking a high-yield project in a neighborhood with no HOA fees.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1905 Caviar Drive Subject | $279,900* List Price | 4 | 3 | 1,612 | $196 | - |
A 1436 Padre Bay Drive Sold | $310,149 | 3 | 3 | 1,420 | $218 | 0.4 mi |
B 6668 GOLDEN POND Circle Sold | $219,995 List Price | 3 | 3 | 1,806 | 0.9 mi | |
C 1228 STRIKE JUMPER Court Sold | $259,998 List Price | 3 | 2 | 1,317 | 0.6 mi | |
D 6240 Mandarin Drive Pending | $299,900 List Price | 4 | 2 | 1,618 | $185 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property suffers from significant fire damage with visible structural defects to the roof and boarded-up windows. Built in 1986 (38 years old), it requires a complete rehab and is currently unlivable.
Marketed as a 'Fire Sale,' this property presents a significant equity-building opportunity for investors or flippers looking to renovate and capitalize on a discounted entry price.
The property is located in a community with no association fees, offering the owner greater financial flexibility and lower monthly carrying costs compared to many Las Vegas subdivisions.
With 4 bedrooms and 3 bathrooms, the 1,612 sqft layout offers a highly functional and in-demand configuration for families or high-yield rental opportunities once restored.
The home has sustained fire damage and is being sold as a major fixer-upper, requiring substantial capital investment and professional restoration for structural and cosmetic issues.
The listing is strictly 'Cash Only,' which significantly limits the buyer pool by excluding those who require traditional mortgages, FHA, or VA financing.
**FIRE SALE** FIRE DAMAGE ** CASH ONLY! FIXER- UPPER
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,612 | - |
| Lot Size | 3,920 | - |
| Price | $279.9K | $474.8K |
| Price per sq ft | $174 | $257 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 526 |
Jul 19, 2026
$279,900
Initial Listing