
Las Vegas, NV 89107
This property presents a High-Potential Investment Opportunity with a List Price of $1,298,000—positioned well below the $1,311,259 Fair Market Value by 1%. This valuation gap offers $13,259 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant rehabilitation, yet the 0.55-acre lot, detached Casita, and underground pool provide a rare foundation for value-add projects. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a historic Rancho Nevada Estates renovation canvas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3005 Campbell Circle Subject | $1,298,000* List Price | 5 | 5 | 4,345 | $302 | - |
A 205 Desert View Street Sold | $1,450,000 | 4 | 5 | 5,129 | $283 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 and marketed 'AS IS' as a 'renovation canvas,' this property is over 45 years old with no evidence of recent major renovations. Interior images show dated finishes including mirrored ceilings, wallpaper, and older carpeting, while the listing description explicitly invites a full customization/rehab, aligning with the criteria for a property needing significant rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23958, living area = 4345.
Situated on a generous 0.55-acre lot with 4,345 square feet of living area, this property offers rare scale and privacy within a historic Las Vegas enclave.
The property features a detached two-car garage with an attached Casita including a bathroom, providing excellent potential for a guest house, home office, or multi-generational living.
Sold in 'As-Is' condition as a 'renovation canvas,' the property requires a significant additional investment of time and capital to modernize and repair.
Originally built in 1978, the home likely requires comprehensive updates to major systems and cosmetic finishes to meet contemporary luxury standards.
Discover unparalleled opportunity within historic Rancho Nevada Estates. This sprawling residence, priced to sell "AS IS," offers a remarkable renovation canvas, allowing customization to your taste. Boasting 4,345 square feet on a generous 0.55-acre lot, it provides a magnificent foundation for your dream sanctuary. The layout includes four bedrooms and five bathrooms, ensuring ample space. Outside, a refreshing underground pool invites relaxation, complemented by a covered patio. A large upstairs bedroom, suitable for storage, features a private balcony. A detached two-car garage with attached Casita with bathroom, accessible via a long driveway, provides extra parking. This residence promises a lifestyle of potential and prestige in a coveted historical neighborhood.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,345 | 1,961.945 |
| Lot Size | 23,958 | 6,098 |
| Price | $1.30M | $486.0K |
| Price per sq ft | $299 | $259 |
| Built year | 1978 | 2002 |
| HOA | $264 | $83 |
| Days on market | 33 | 62 |
Aug 7, 2026
$1,298,000
Initial Listing