
Las Vegas, NV 89102
This property presents a Strong Value Opportunity with a List Price of $650,000—positioned well below the $602,254 Fair Market Value by -7%. While the home requires significant renovation, its Fair Condition Rating and expansive 9,148-square-foot lot with an oversized pool provide a blank canvas for forced appreciation. Located in the desirable McNeil Estates with no HOA, this asset offers unique architectural character, including a custom library. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Gilmary Avenue Subject | $625,000* List Price | 4 | 2 | 2,431 | $251 | - |
A 2909 Colanthe Avenue Sold | $620,000 | 4 | 2 | 2,238 | $277 | 0.0 mi |
B 2904 W Oakey Boulevard Active | $640,000 List Price | 4 | 3 | 3,015 | $212 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 (53 years old) with a kitchen featuring original dark wood cabinetry and dated brown appliances that appear to be over 30 years old. The listing explicitly states the home 'needs TLC' and is an opportunity to 'customize,' signaling a need for a full rehab rather than minor cosmetic updates.
Situated in the sought-after McNeil Estates, this property offers a prime central Las Vegas location with the significant financial advantage of having no association fees.
The generous 9,148-square-foot lot features an oversized pool and ample space for outdoor entertaining, providing a private oasis that is highly valued in the desert market.
Custom finishes and a dedicated library with floor-to-ceiling built-in bookcases provide a distinct charm and functional workspace rarely found in standard residential layouts.
The property is noted to need 'TLC,' indicating that buyers will need to budget for significant repairs or cosmetic updates to modernize the 1971 construction.
With 70 days on the market and a recent $50,000 price reduction, the listing suggests a disconnect between the initial asking price and the property's current condition.
Bring your vision to this 4-bedroom, 2-bath home situated on a spacious lot in the desirable McNeil Estates area of Las Vegas. Built in 1971, this property offers great potential with a large backyard, an oversized pool, and plenty of room for outdoor entertaining. Inside, you'll find unique custom finishes that add character and charm throughout the home, along with a den/library featuring impressive floor-to-ceiling built-in bookcases—perfect for book lovers, a home office, or a cozy retreat. The home needs some TLC, making it an excellent opportunity for buyers looking to customize a property to their own taste. Conveniently located with easy access to many local amenities.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,431 | 1,961.945 |
| Lot Size | 9,148 | 6,098 |
| Price | $625.0K | $486.0K |
| Price per sq ft | $257 | $259 |
| Built year | 1971 | 2002 |
| HOA | $0 | $83 |
| Days on market | 89 | 62 |
Sep 7, 2026
$625,000
$650,000
-4% Price Drop
Initial Listing
Aug 15, 2026
$650,000
$700,000
-7% Price Drop
Initial Listing
Jun 12, 2026
$700,000
Initial Listing