3138 Gaucho Drive, Las Vegas, NV 89169, Las Vegas, 89169 - 5 bed, 4 bath
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Las Vegas, NV 89169
This Versatile Mid-Century Residence in historic Paradise Palms is listed at $475,000, aligning with its $475,000 Fair Market Value. Boasting a Condition Rating of 3, the interior features a renovated kitchen with white shaker cabinets and stone countertops. The unique layout includes two independent studios with kitchenettes, offering a High-Potential Income Opportunity. Located near Robert E. Lake Elementary, the property features a large 8,712-square-foot lot and no HOA fees. It is a prime choice for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3138 Gaucho Drive Subject | $475,000* List Price | 5 | 4 | 1,705 | $279 | - |
A 2333 PALORA Avenue Sold | $368,000 | 5 | 3 | 1,779 | $207 | 0.2 mi |
B 2333 Palora Avenue Sold | $368,000 | 5 | 3 | 1,779 | $207 | 0.2 mi |
C 1853 GOLDEN ARROW Drive Sold | $475,000 | 3 | 3 | 1,624 | $292 | 0.2 mi |
D 1643 Golden Arrow Drive Sold | $549,000 | 4 | 2 | 1,890 | $290 | 0.4 mi |
E 3018 Burnham Avenue Sold | $405,000 | 5 | 3 | 1,779 | $228 | 0.1 mi |
F 1643 Golden Arrow Drive Sold | $499,937 List Price | 4 | 2 | 1,890 | 0.4 mi | |
G 3152 Sundown Drive Pending | $459,990 List Price | 4 | 2 | 1,812 | $254 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent interior renovations despite its 1962 build date. The main kitchen features modern white shaker cabinets, stone countertops, and a contemporary mosaic backsplash. The home also boasts updated wood-look laminate flooring, fresh paint, and renovated bathrooms with modern tiling. While the exterior driveway shows some cracking and the studio kitchenettes feature slightly older cabinetry, the overall condition is well-maintained and functional for immediate occupancy.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1705.
The inclusion of two separate studios with their own kitchenettes and bathrooms provides a unique opportunity for rental income or a versatile multi-generational living arrangement.
With an association fee of $0, this property offers significant monthly savings and freedom from the restrictive covenants often found in Las Vegas residential communities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Housing five bedrooms and four bathrooms within only 1,705 square feet suggests that individual rooms and common areas may feel cramped or undersized.
Built in 1962, the property may require significant capital investment to update aging systems and cosmetic finishes to meet modern buyer expectations.
Beautiful and modest single-story home with 5 bedrooms, 4 bath and great floorplan. 2 Studios with bath and kitchenette and access to the home. House has a 2 car garage and has a good size backyard for you to create your own paradise. Great potential as starter or investment home. Must come see it...
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 91% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 1,705 | 1,721 | 50% |
| Lot Size | 8,712 | 7,405 | 72% |
| Price | $475.0K | $389.0K | 81% |
| Price per sq ft | $279 | $217 | 84% |
| Built year | 1962 | 1963 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 138 | 353 | 9% |
Dec 5, 2025
$475,000
Initial Listing