
Mesquite, NV 89027
Analysis of 311 Sun Valley Dr, Mesquite, NV 89027 is currently available with a list price of $2,585,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Mesquite Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property, built in 1988, is well-maintained but shows significant signs of being outdated. The kitchen features original oak cabinetry, a fluorescent light box ceiling, and older black and white appliances. Bathrooms also retain dated oak vanities and, notably, carpeted flooring which is no longer a current standard. While the home appears functional and clean, it has not undergone major renovations in over 20 years, fitting the criteria for a fair condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 175111, living area = 2597.
The property offers unique revenue-generating assets, including an on-site billboard adjacent to I-15 and three valuable water shares that can be utilized or leased for consistent monthly income.
With 4.02 acres of centrally located land and no HOA restrictions, the property provides immense potential for future development, agricultural use, or commercial expansion.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =175111, other record lot size in square feet = 87991. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2597, other record living area = 1542.
The property's location adjacent to I-15, while ideal for billboard visibility, likely results in significant traffic noise that may impact residential peace and quiet.
Built in 1988, the primary residence may require modern updates or renovations to meet the expectations of buyers at a multi-million dollar price point.
Discover a rare opportunity to own 4.02 acres of prime property in a central Mesquite location, offering an ideal blend of residential comfort, income potential, and future development possibilities. This unique property features a well'maintained home, a large shop with corrals, 3 valuable water shares, and additional vacant land, making it perfectly suited for homeowners, investors, or business owners alike. This Adding immediate value is an on'site billboard with rental income, providing a built in revenue stream rarely found with residential properties. This advertising sign is adjacent to I-15. The water shares also have the potential to be utilized on site or leased for additional monthly income. The large detached shop is ideal for equipment, vehicles, hobbies, or commercial use, and the vacant land presents endless possibilities-whether you envision additional structures, agricultural use, or holding for future appreciation.This property combines convenience, versatility, and long' term value in one exceptional package. Opportunities like this are few and far between in Mesquite-don't miss your chance to own a truly one'of'a'kind property with space, income, and potential
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 83% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,597 | 1,559 | 83% |
| Lot Size | 175,111 | 6,534 | 83% |
| Price | $2.58M | $161.5K | 83% |
| Price per sq ft | $995 | $108 | 83% |
| Built year | 1988 | 2000 | 17% |
| HOA | $0 | $36 | 50% |
| Days on market | 44 | 2597 | 17% |
Mar 9, 2026
$2,585,000
Initial Listing