1929 Ballard Drive, Las Vegas, NV 89104, Las Vegas, 89104 - 4 bed, 3 bath
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1929 Ballard Drive
Las Vegas, NV 89104
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,418Sq Ft
8,712Lot Size
Property Price
LIST PRICE$299,500
EST. MARKET VALUE
$278,378
7% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $299,900—positioned well below the $278,255 Fair Market Value by -7%. While the property requires significant rehabilitation due to its Fair Condition Rating, the 2,418 sq. ft. layout, new roof, and massive 38x20 swimming pool provide a solid foundation for value-add projects. Located in a non-HOA community near the Arts District, this asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the significant renovation potential.
Estimated Market Value
$278,378
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1929 Ballard Drive Subject | $299,500* List Price | 4 | 3 | 2,418 | $115 | - |
A 2015 Peyton Drive Pending | $225,000 List Price | 4 | 3 | 1,604 | $140 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1949 and marketed as an 'Investors special,' this property requires a full rehab. While the roof is new, the interior shows significant neglect with popcorn ceilings, damaged flooring, and a severely outdated kitchen. The age of the home (>70 years) and the 'as-is' condition suggest that major systems and interiors are well beyond their functional lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Investment Potential
Priced competitively under $300k with nearly 2,500 sq. ft. of living space and a brand-new roof, this 'investor special' offers substantial equity growth potential in a non-HOA community.
- Premium Lot & Outdoor Amenities
The nearly quarter-acre lot features a massive 38x20 swimming pool with a diving board, a circular driveway, and rare alley access, providing exceptional outdoor utility and curb appeal.
- Prime Central Location
Ideally situated near Downtown Las Vegas, the Arts District, and the Strip, the property offers convenient access to world-class dining, entertainment, and major employment hubs.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needs
Built in 1949 and marketed as an investor special, the property likely requires significant interior updates and modernization to address nearly 50 years of single-family ownership.
- Underperforming School District
The property is zoned for schools with lower performance ratings, specifically a 2/10 for the local high school, which may be a deterrent for families prioritizing public education.
About 1929 Ballard Drive
Las Vegas - Investors special! Family owned since 1977, NO HOA and a new roof. This home has a great layout for entertaining and is situated on just under a 1/4 acre and has a large 38x20 swimming pool with diving board. The living space is almost 2,500 sq feet and that does not include the additional rooms off the pool. Lot is fully fenced with a circle driveway and alley access in the back. Huge front living room with double doors to a huge family room with cozy wood fireplace that leads out to the covered patio and pool. Primary bedroom has large walk-in closet and access to the pool / backyard. This home is located a short distance to Famous Downtown Las Vegas, The Arts District, Las Vegas Strip, Shopping, restaurants, schools, parks and more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Crestwood Elementary School
Grades PK-5 • 0.4 mi
4/10
John C Fremont Middle School
Grades 6-8 • 1.2 mi
5/10
Valley High School
Grades 9-12 • 1.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,418 | 1,961.945 |
| Lot Size | 8,712 | 6,098 |
| Price | $299.5K | $486.0K |
| Price per sq ft | $124 | $259 |
| Built year | 1949 | 2002 |
| HOA | $0 | $83 |
| Days on market | 23 | 62 |
Pricing History
Listed for Sale
Sep 3, 2026
$299,500
$299,900
+0% Price Increase
Initial Listing
Price Change
Aug 17, 2026
$299,900
Initial Listing