
Las Vegas, NV 89117
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $449,000—positioned well below the $419,447 Fair Market Value by -7%. While the list price exceeds the current estimation, the property features a Condition Rating of 2, reflecting extensive recent capital improvements including a new roof, new HVAC, and modern kitchen upgrades. Located in the desirable The Lakes community, this home offers a premium lifestyle with lakeside park access and smart home entertainment features. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, energy-efficient home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3149 Mediterranean Drive Subject | $449,000* List Price | 2 | 2 | 1,250 | $332 | - |
A 3148 Mediterranean Drive Sold | $420,000 | 3 | 2 | 1,542 | $272 | 0.0 mi |
B 8665 Catalonia Drive Active | $435,000 List Price | 2 | 2 | 1,250 | $348 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1985, the property has undergone extensive recent renovations within the last year, including a new roof, new HVAC system with ductwork, and updated electrical. The interior features modern flooring and a kitchen updated with granite countertops and new appliances, meeting the criteria for a comprehensive renovation under 5 years old.
The property features a brand-new roof (Dec 2025) and a new HVAC system with updated ductwork and insulation, providing immediate value and long-term energy efficiency for the buyer.
Located in the highly desirable 'The Lakes' community, the home is just a five-minute walk from lakeside parks, walking paths, and premium recreational amenities.
The home is equipped with a built-in projection screen and surround sound system, complemented by a lushly landscaped backyard featuring cooling misters and fruit trees.
At 1,250 square feet with only two bedrooms, the home's footprint may be restrictive for families or buyers needing additional guest or office space.
Built in 1985, the property may retain some architectural limitations or compartmentalized layouts common to its era, despite the extensive modern interior upgrades.
Beautifully updated home in The Lakes, just a 5-minute walk to the lakeside park! This well-maintained property offers numerous recent upgrades, including a new ROOF (Dec. 2025), new HVAC system with all-new ductwork, an additional 6" of insulation, and an insulated garage ceiling for improved comfort and energy efficiency. Two electrical boxes have been added to the front of the home, along with new coach lights, enhancing both convenience and curb appeal. The kitchen features granite countertops, a bay window with new shades, a double oven with convection, and a new dishwasher (Jan. 2026). The washer and dryer, including steam functionality, are included. Enjoy relaxing evenings in the cozy family room featuring a wood-burning fireplace, built-in entertainment center with abundant electrical outlets, and an in-ceiling automatic projection screen with projector and surround sound—perfect for movie nights, sporting events, and entertaining. Step outside to a lushly landscaped yard showcasing a Monterey pear tree, Kadota fig tree, and an edible South American cactus. Decorative gates, lighting, and cooling misters create an inviting outdoor retreat ideal for year-round enjoyment. Located in the highly desirable The Lakes community, this home is just minutes from walking paths, lakefront parks, and recreational amenities. Combining thoughtful upgrades, unique landscaping, and an exceptional location, this home offers comfort, convenience, and a true Nevada lifestyle. Don't miss this outstanding opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,250 | - |
| Lot Size | 5,227 | - |
| Price | $449.0K | $474.8K |
| Price per sq ft | $359 | $257 |
| Built year | 1985 | 0 |
| HOA | $110 | $0 |
| Days on market | 45 | 526 |
Jun 7, 2026
$449,000
Initial Listing
Jul 20, 2000
$111,000
Public Record
Nov 26, 1997
$112,000
Public Record