2881 Prestonwood Street, Las Vegas, NV 89156, Las Vegas, 89156 - 3 bed, 2 bath
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Las Vegas, NV 89156
This Strategic Single-Family Residence is listed at $350,000, positioned near its $340,889 Fair Market Value. Maintaining a Condition Rating of 4, the property features original 1998 finishes and oak cabinetry, providing a clear path for forced appreciation through cosmetic updates. The asset’s strength is anchored by its Strategic Location minutes from Nellis Air Force Base and the total absence of HOA Fees, ensuring consistent rental demand and low carrying costs. This functional, single-story property represents a stable acquisition perfectly suited for Buy-and-Hold Investors or first-time buyers looking to build equity in a high-utility corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2881 Prestonwood Street Subject | $330,000* List Price | 3 | 2 | 1,140 | $281 | - |
A 6659 Mammoth Cave Lane Sold | $321,000 | 3 | 2 | 1,234 | $260 | 0.6 mi |
B 6656 Sierra Creek Lane Sold | $329,900 | 3 | 2 | 1,302 | $253 | 0.5 mi |
C 6370 Canyon Vista Court Sold | $320,000 | 2 | 2 | 1,080 | $296 | 0.3 mi |
D 2973 Mount Hope Drive Sold | $340,000 | 2 | 2 | 1,302 | $261 | 0.3 mi |
E 2827 Kensington Street Sold | $350,000 | 3 | 2 | 1,140 | $307 | 0.1 mi |
F 6346 Gold Canyon Drive Sold | $365,000 | 3 | 2 | 1,187 | $307 | 0.8 mi |
G 6452 Eagle Creek Lane Active | $280,000 List Price | 2 | 2 | 1,072 | $261 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property appears to be in mostly original condition. The kitchen features dated oak-style cabinetry and older white appliances, while the living areas show signs of wear with older carpeting and vertical blinds. While the home is functional and appears maintained, it has not undergone any significant modern renovations in the last 25 years, placing it firmly in the 'fair' category due to its outdated aesthetic and original components.
Situated just minutes from Nellis Air Force Base, this property is ideally positioned for military personnel and contractors, ensuring strong rental demand and resale potential.
The absence of a monthly association fee provides significant long-term savings and greater freedom for homeowners compared to many neighboring communities in Las Vegas.
The functional one-story floor plan offers excellent accessibility and efficient use of space, making it an attractive option for first-time buyers or those looking to downsize.
The assigned public schools, particularly the high school with a rating of 2, may be a concern for families prioritizing top-tier educational performance.
With only 1,140 square feet for a three-bedroom configuration, the interior living spaces and secondary bedrooms may feel cramped for larger families or those requiring significant storage.
Just Minutes from Nellis Air Force Base – Don’t Miss This Opportunity! Welcome to this 3-bedroom, 2-bath single-story home located just minutes from Nellis Air Force Base. Homes in this convenient location don’t stay available for long, making this a great opportunity for buyers looking for comfort, convenience, and potential. Inside, you’ll find a functional layout with bright living spaces designed for everyday living. The kitchen flows easily into the main living area, creating a comfortable space for gathering and entertaining. The primary bedroom features its own private bath, while the additional bedrooms offer flexibility for guests, a home office, or growing needs. Conveniently located near shopping centers, parks and schools.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,140 | - |
| Lot Size | 4,356 | - |
| Price | $330.0K | $474.8K |
| Price per sq ft | $289 | $257 |
| Built year | 1998 | 0 |
| HOA | $0 | $0 |
| Days on market | 128 | 526 |
Apr 2, 2026
$330,000
$350,000
-6% Price Drop
Initial Listing
Mar 16, 2026
$350,000
Initial Listing