
Las Vegas, NV 89183
This Rare Las Vegas Equestrian Estate is a High-Potential Investment Opportunity, listed at $1,299,999—positioned well below the $1,340,009 Fair Market Value by 2%. This valuation gap provides $40,010 in Instant Equity. While maintaining a Fair Condition Rating due to its 1997 systems and whole-home swamp cooler, the property offers a massive 0.54-acre lot with No HOA, Horse-Friendly Zoning, and a covered patio. Featuring a 400-amp electrical panel and RV parking, it is a prime choice for Owner-Occupants seeking autonomy or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 274 Doobie Avenue Subject | $1,299,999* List Price | 5 | 4 | 2,888 | $464 | - |
A 11115 Westcroft Way Sold | $990,000 List Price | 4 | 3 | 2,693 | 0.3 mi | |
B 10972 Fairfield Avenue Active | $1,450,000 List Price | 5 | 4 | 2,798 | $518 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1997, falls into the 'fair' category as it is over 20 years old and retains several original or aged components despite regular upkeep. While the exterior has been recently painted and the primary bathroom received a tile update, the home relies on an outdated whole-home swamp cooler rather than modern central air, which is a significant dated system for the Las Vegas climate. The kitchen features stainless steel appliances but maintains a layout and cabinetry style consistent with its original construction era. Overall, the home is well-maintained but requires further modernization of major systems and interior finishes to reach a higher quality rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 2888.
Situated on a rare 0.54-acre lot with no HOA and horse-friendly zoning, this property offers exceptional autonomy and space that is difficult to find in the Las Vegas area.
The estate is fully equipped for outdoor living with RV parking, an electric gate, a koi pond, real grass, and ample room to add a custom pool, providing a private and versatile oasis.
The use of a whole-home swamp cooler instead of a modern central air conditioning system may be a significant concern for buyers given the extreme summer temperatures in Las Vegas.
The property currently relies on a private septic system and community well; while public connections are available at the street, the current setup requires more maintenance than municipal services.
Rare Las Vegas estate on .54 acres with NO HOA and horses allowed! This custom 5 bedroom, 3.5 bath home features a split floor plan, spacious kitchen with stainless steel appliances, and Jack-and-Jill baths. The primary suite offers a recently tiled walk-in shower, jacuzzi tub, and large walk in closet. Property highlights include a 400-amp electrical panel, whole home swamp cooler, community well with private septic, and option to connect to public utilities at the street. Oversized 2 car garage with side access to detached storage shed. Enjoy real grass, koi pond, covered patio, garden area, RV parking, and room for a custom pool if desired. Newly painted exterior and electric gate. Built-in fish tank with fish sharks adds a unique touch. Space, freedom, and endless possibilities — all minutes from city conveniences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 82% |
| Baths | 4.0 | 3.0 | 86% |
| Square foot | 2,888 | 1,767.5 | 78% |
| Lot Size | 23,522 | 4,356 | 98% |
| Price | $1.30M | $360.0K | 97% |
| Price per sq ft | $450 | $233 | 98% |
| Built year | 1997 | 2003 | 1% |
| HOA | $0 | $40 | 27% |
| Days on market | 63 | 985 | 0% |
Feb 18, 2026
$1,299,999
Initial Listing
Jun 21, 1996
$20,000
Public Record
Jun 21, 1996
$20,000
Public Record
Feb 13, 1996
$20,000
Public Record