3047 Downing Place, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 3 bath
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3047 Downing Place
Las Vegas, NV 89121
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,246Sq Ft
6,970Lot Size
Property Price
LIST PRICE$465,000
EST. MARKET VALUE
$497,536
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Story Oasis is a Strong Value Opportunity, listed at $465,000—positioned well below the $497,536 Fair Market Value by 6%. This valuation gap offers $32,536 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a gourmet kitchen, private pool, and no HOA fees. While local secondary schools have lower ratings, the proximity to a highly-rated elementary school adds long-term appeal. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Estimated Market Value
$497,536+$32,536 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3047 Downing Place Subject 4 bd · 3 ba · 2,246 sqft · $222 | $465,000* List Price | 4 | 3 | 2,246 | $222 | - |
A 3169 Desmond Avenue Sold 3 bd · 3 ba · 2,372 sqft · $219 · 0.2 mi | $520,000 | 3 | 3 | 2,372 | $219 | 0.2 mi |
B 4562 Skyland Drive Sold 5 bd · 4 ba · 2,694 sqft · $197 · 0.2 mi | $530,000 | 5 | 4 | 2,694 | $197 | 0.2 mi |
C 3670 Chama Avenue Sold 4 bd · 3 ba · 2,128 sqft · $251 · 0.8 mi | $535,000 | 4 | 3 | 2,128 | $251 | 0.8 mi |
D 4870 W Montara Circle Sold 3 bd · 3 ba · 1,965 sqft · $214 · 0.3 mi | $419,999 | 3 | 3 | 1,965 | $214 | 0.3 mi |
E 4608 High Anchor Street Sold 4 bd · 3 ba · 2,426 sqft · $212 · 0.6 mi | $515,000 | 4 | 3 | 2,426 | $212 | 0.6 mi |
F 4775 Woodridge Road Sold 3 bd · 2 ba · 1,426 sqft · $252 · 0.3 mi | $360,000 | 3 | 2 | 1,426 | $252 | 0.3 mi |
G 3153 Downing Place Pending 4 bd · 4 ba · 2,372 sqft · $238 · 0.1 mi | $565,500 List Price | 4 | 4 | 2,372 | $238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1974, the property has undergone a comprehensive, high-end remodel within the last 5 years. The interior features a fully updated gourmet kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances, along with beautifully renovated bathrooms. With new laminate flooring, fresh paint, modern fixtures, and a well-maintained exterior and pool area, the home is in mint, turnkey condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Renovations
The home features extensive high-end updates including a gourmet kitchen with quartz countertops, new laminate flooring, and fresh interior/exterior paint, offering a move-in-ready experience.
- Private Outdoor Living
The property boasts a private sparkling pool and a premium Alumiwood patio cover, creating an ideal space for entertaining and relaxation in the Las Vegas climate.
- No HOA Restrictions
With an association fee of $0, homeowners enjoy increased financial flexibility and freedom from the restrictive covenants often found in Las Vegas subdivisions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- School District Ratings
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings (2/10), which may impact appeal for families with older children.
- Aging Infrastructure
Originally constructed in 1974, the property may require ongoing maintenance or future updates to major systems like plumbing and electrical that are typical for a home of this vintage.
About 3047 Downing Place
Welcome to your beautifully remodeled single-story oasis with a private pool! Located at 3047 Downing Pl, Las Vegas, NV 89121, this stunning 4-bedroom, 2.5-bathroom home spans 2,246 square feet of meticulously updated living space.Step inside to find an open floor plan flooded with tons of natural light and premium updates, including new laminate flooring, fresh interior/exterior paint, 5" baseboards, and updated modern fixtures. The gourmet kitchen features white shaker cabinets, quartz countertops, and stainless steel Samsung appliances. Cozy up next to the wood-burning fireplace in the spacious living area.The backyard is an entertainer's dream, showcasing a sparkling pool, an Alumiwood patio cover for ideal shade, and a beautifully manicured lot. Complete with stunning tilework in the bathrooms and meticulous attention to detail throughout, this turnkey property is ready for you to call home. Schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Lewis E Rowe Elementary School
Grades PK-5 • 1.0 mi
7/10
C W Woodbury Middle School
Grades 6-8 • 1.1 mi
2/10
Del Sol High School
Grades 9-12 • 1.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,246 | 1,959.772 |
| Lot Size | 6,970 | 5,961.915 |
| Price | $465.0K | $484.5K |
| Price per sq ft | $207 | $259 |
| Built year | 1974 | 2001 |
| HOA | $0 | $82 |
| Days on market | 30 | 62 |
Pricing History
Listed for Sale
Sep 24, 2026
$465,000
Initial Listing
Sold
Sep 30, 1996
$143,000
Public Record