2538 Olay Street, Las Vegas, NV 89142, Las Vegas, 89142 - 4 bed, 3 bath
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Las Vegas, NV 89142
This Modernized Single-Family Residence is a Strong Value Opportunity, listed at $399,000—positioned well below the $430,602 Fair Market Value by 7%. This valuation gap provides $31,602 in Instant Equity for the incoming buyer. The home maintains a Good Condition Rating, featuring high-value upgrades including a brand-new 2025 A/C unit, paid-off solar panels, and scenic Las Vegas Strip views. Located within walking distance of Las Vegas High School, it perfectly balances energy efficiency with immediate appreciation potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey, high-efficiency asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2538 Olay Street Subject | $399,000* List Price | 4 | 3 | 1,719 | $250 | - |
A 6080 ST PETERSBURG Drive Sold | $320,000 | 2 | 2 | 1,144 | $280 | 0.6 mi |
B 6080 Saint Petersburg Drive Sold | $320,000 | 2 | 2 | 1,144 | $280 | 0.6 mi |
C 6080 Saint Petersburg Drive Sold | $320,000 | 2 | 2 | 1,144 | $280 | 0.6 mi |
D 6565 La Placita Avenue Active | $380,000 List Price | 4 | 3 | 1,718 | $221 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age bracket for a 'good' rating and is in move-in ready condition. It features significant high-value upgrades including a brand-new 2025 A/C unit and paid-off solar panels. While the kitchen and bathrooms maintain their original oak cabinetry and laminate countertops, the main living areas have been updated with modern wood-look flooring and neutral paint, showing pride of ownership and minimal wear.
The home features paid-off solar panels and a brand-new 2025 A/C unit, providing significant long-term savings on utility costs and peace of mind regarding major mechanical systems.
Positioned to capture both the iconic Las Vegas Strip skyline and mountain views, this property offers a premium visual experience that enhances its overall market appeal.
This move-in ready residence comes fully equipped with all appliances and a water softener, offering a seamless transition for buyers looking for a hassle-free purchase.
With a lot size of approximately 2,614 square feet, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large backyard or high levels of privacy.
The assigned middle and high schools currently hold lower ratings (4/10), which could be a concern for families prioritizing top-tier public education performance.
Welcome to this beautiful 4-bed, 2.5-bath home that features 1,719 sq ft of comfortable living space and a 2-car garage. Enjoy 9 ft ceilings, ceiling fans in every room, and a spacious family room perfect for entertaining. The home comes fully equipped with all appliances included, plus paid-off solar, a water softener, New 2025 A/C unit providing great energy efficiency and peace of mind. Take in the scenic Strip view, and enjoy being conveniently located near Sunrise Mountain, Las Vegas High School, and the expanding Hollywood Regional Park. A fantastic move-in ready opportunity in a growing area!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,719 | 1,608.5 | 66% |
| Lot Size | 2,614 | 4,792 | 9% |
| Price | $399.0K | $324.0K | 74% |
| Price per sq ft | $232 | $213 | 58% |
| Built year | 2005 | 1994 | 84% |
| HOA | $60 | $0 | 95% |
| Days on market | 51 | 1289 | 1% |
Mar 2, 2026
$399,000
Initial Listing