2924 Lotus Hill Drive, Las Vegas, NV 89134, Las Vegas, 89134 - 2 bed, 2 bath
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2924 Lotus Hill Drive
Las Vegas, NV 89134
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,653Sq Ft
8,276Lot Size
Property Price
LIST PRICE$434,900
EST. MARKET VALUE
$424,111
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $434,900—positioned well above the $424,111 Fair Market Value by -2%. While priced slightly above market, the property features a Fair Condition Rating with significant mechanical upgrades, including a 2019 HVAC and 2020 water heater. The 0.19-acre lot and covered patio provide excellent outdoor utility, while the Roladen shutters offer superior security. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained, functional property in a stable Las Vegas neighborhood.
Estimated Market Value
$424,111
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 |
|---|---|---|---|---|---|---|
★ 2924 Lotus Hill Drive Subject | $434,900* List Price | 2 | 2 | 1,653 | $257 | - |
A 9913 Arbuckle Drive Sold | $410,000 | 2 | 2 | 1,653 | $248 | 0.3 mi |
B 2928 Hawksdale Drive Sold | $515,000 | 2 | 2 | 1,713 | $301 | 0.0 mi |
C 9208 Cactus Wood Drive Sold | $410,000 | 2 | 2 | 1,653 | $248 | 0.5 mi |
D 9912 Rosamond Drive Sold | $415,000 | 2 | 2 | 1,653 | $251 | 0.3 mi |
E 3104 Lotus Hill Drive Sold | $372,000 | 3 | 2 | 1,354 | $275 | 0.2 mi |
F 2925 Lotus Hill Drive Sold | $467,500 | 2 | 2 | 1,804 | $259 | 0.0 mi |
G 2925 Lotus Hill Drive Sold | $467,500 | 2 | 2 | 1,804 | $259 | 0.0 mi |
H 9920 Netherton Drive Sold | $445,000 | 2 | 2 | 1,533 | $290 | 0.5 mi |
I 2937 Royal Coach Court Active | $440,000 List Price | 2 | 2 | 1,653 | $266 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1992 (32 years old), the property falls into the fair category due to its age and dated interior elements like the whitewashed oak cabinetry and older carpeting. However, it is exceptionally well-maintained with excellent recent system upgrades, including a 2019 HVAC and 2020 water heater, plus granite counters and stainless appliances in the kitchen.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1653.
- Recent Mechanical Upgrades
The property features a newer AC unit installed in 2019 and a water heater replaced in 2020, reducing the immediate need for capital expenditures on major home systems.
- Enhanced Security and Insulation
The inclusion of Roladen shutters on the side and rear windows provides superior security, privacy, and excellent thermal insulation against the Las Vegas heat.
CONSRISKS & DEFICIENCIES
- Leased Solar Commitment
The solar panels are under a lease agreement with a fixed monthly payment of $109, which represents a recurring financial obligation that must be assumed by the buyer.
- Potential for Cosmetic Updating
With a 'classic' 1992 design and original layout, the interior may require modern aesthetic upgrades to compete with fully renovated properties within the Sun City community.
About 2924 Lotus Hill Drive
Back on the market! The classic single-story design of this 1653-square-foot Single Family Residential home offers a serene and inviting atmosphere in Las Vegas. From the moment you arrive, the property establishes a comfortable presence with its thoughtful layout, incorporating two bedrooms and two full bathrooms across a balanced floor plan. Inside, the residence provides functional spaces enhanced by ceiling fan(s), blinds, and shutters, including roladen shutters on the sides and rear of the home. The kitchen is equipped with a microwave, making meal preparation straightforward and efficient. Additional utility is provided by a water softener system and leased solar, while the living areas are designed to support a relaxed daily routine, providing an airy feel throughout the interior spaces. Outdoor living is highly accessible with a 0.19-acre lot size that includes back yard access and a covered patio. This exterior setting is ideal for quiet mornings spent on the patio or peaceful evening relaxation in the yard. The AC was replaced in July 2019 and the water heater in May of 2020. Added security with Roladen shutters on both sides and rear windows of the home. Solar is leased with a monthly payment of $109. Buyer responsible for one time $5000 NORA fee to the HOA.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $230 / Month
Neighborhood Insights
Las Vegas Unified Schools
Sheila R. Tarr Elementary School
Grades PK-5 • 1.1 mi
6/10
Eileen Conners Elementary School
Grades PK-5 • 1.4 mi
6/10
William Lummis Elementary School
Grades PK-5 • 1.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,653 | 1,961.945 |
| Lot Size | 8,276 | 6,098 |
| Price | $434.9K | $486.0K |
| Price per sq ft | $263 | $259 |
| Built year | 1992 | 2002 |
| HOA | $230 | $83 |
| Days on market | 23 | 62 |
Pricing History
Listed for Sale
Aug 17, 2026
$434,900
Initial Listing