2588 Fading Mist Drive, Las Vegas, NV 89142, Las Vegas, 89142 - 4 bed, 3 bath
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2588 Fading Mist Drive
Las Vegas, NV 89142
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,725Sq Ft
3,485Lot Size
Property Price
LIST PRICE$414,900
EST. MARKET VALUE
$450,057
7% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $429,900—positioned well below the $456,995 Fair Market Value by 5%. This valuation gap provides $27,095 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes modern upgrades like a tankless water heater and new turf. With unobstructed mountain views and proximity to Hollywood Regional Park, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready home.
Estimated Market Value
$450,057+$35,157 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2588 Fading Mist Drive Subject | $414,900* List Price | 4 | 3 | 1,725 | $261 | - |
A 6857 Adventure Bay Avenue Sold | $420,000 | 4 | 3 | 1,846 | $228 | 0.1 mi |
B 6955 Lilac Clouds Court Active | $404,900 List Price | 3 | 3 | 1,725 | $235 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this 10-year-old home is in mint condition with recent updates including fresh interior paint and brand-new backyard turf. The kitchen features modern grey cabinetry, white countertops, and updated black fixtures. Systems are high-end and contemporary, featuring a tankless water heater and a dedicated water filtration system, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Unobstructed Mountain Views & Privacy
The property backs directly to protected BLM land, offering permanent, breathtaking views of Sunrise Mountain and the rare advantage of having no rear neighbors.
- Exceptional Value & Low HOA
With an incredibly low HOA fee of just $25 per month and energy-efficient upgrades like a tankless water heater, this home offers significant long-term cost savings for homeowners.
- Prime Recreational Location
Situated within walking distance of Hollywood Regional Park and its extensive amenities, including pickleball courts and aquatic centers, the home provides unparalleled access to outdoor activities.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 3,485-square-foot lot is relatively small, which may limit outdoor space for buyers seeking a large private yard or significant room for expansion.
- Underperforming School Ratings
The property is zoned for schools with mixed performance ratings, including an elementary school rated 2/10, which may be a drawback for families prioritizing top-tier education.
About 2588 Fading Mist Drive
No homes immediately behind you. Just protected open space and breathtaking Sunrise Mountain views. This move-in ready 4-bedroom, 2.5-bath home offers 1,725 square feet of thoughtfully designed living space with an open-concept floor plan, quartz countertops, a large kitchen island, fresh interior paint, updated lighting, and a whole-home water filtration system. The spacious primary suite features a walk-in closet, double sinks, a separate shower, a soaking tub, and twinkling peek-a-boo views of the Las Vegas Strip. Step outside to a low-maintenance backyard that backs to protected open space, offering stunning Sunrise Mountain views and the perfect setting to relax or entertain. Conveniently located near Hollywood Regional Park, the brand-new police station, shopping, dining, schools, and freeway access, with a low HOA of just $25 per month. A rare opportunity to enjoy modern living, exceptional privacy, and one of the area’s most desirable backyard settings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $25 / Month
Neighborhood Insights
Las Vegas Unified Schools
Mervin Iverson Elementary School
Grades PK-5 • 0.9 mi
6/10
Hal Smith Elementary School
Grades PK-5 • 2.5 mi
2/10
Kathleen & Tim Harney Middle School
Grades 6-8 • 0.8 mi
4/10
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 | 1,725 | 1,961.945 |
| Lot Size | 3,485 | 6,098 |
| Price | $414.9K | $486.0K |
| Price per sq ft | $241 | $259 |
| Built year | 2016 | 2002 |
| HOA | $25 | $83 |
| Days on market | 62 | 62 |
Pricing History
Listed for Sale
Sep 3, 2026
$414,900
$420,000
-1% Price Drop
Initial Listing
Price Change
Aug 2, 2026
$420,000
$429,900
-2% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$429,900
Initial Listing