
Henderson, NV 89052
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $407,651 Fair Market Value by 1.88%. This valuation gap offers $7,651 in Instant Equity for buyers prepared to address the Poor Condition Rating and structural settlement issues. Located in the gated Palermo community, the home benefits from proximity to top-rated schools like Elise L. Wolff Elementary and Coronado High. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a premium Henderson neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3169 Castle Canyon Avenue Subject | $400,000* List Price | 3 | 2 | 1,438 | $283 | - |
A 3172 Majestic Shadows Avenue Sold | $435,000 List Price | 3 | 3 | 1,764 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1998 (26 years old) with original dated oak cabinetry and tile countertops. While the age technically falls under 'Fair', the property is rated 'Poor' due to disclosed structural settlement issues and visible wall cracks, requiring significant rehab and professional inspection.
Elementary School: Elise L. Wolff Elementary School (9/10). High School: Coronado High School (9/10).
Situated within the prestigious Seven Hills master-planned community in the gated enclave of Palermo, offering residents a secure and high-demand residential setting.
The property is zoned for highly-ranked schools, including Elise L. Wolff Elementary and Coronado High School, both boasting 9/10 ratings, which significantly supports long-term property value.
The home has disclosed settlement issues with visible cracking in the hallway, which may require professional engineering assessments and potentially costly foundation stabilization.
Sold in 'as-is' condition by a trustee with no knowledge of the home's history, the listing maintains a strict policy against low-ball offers and requires physical viewings prior to offer consideration.
**THIS HOME IS PRICED IN AN AS IS CONDTION * LOW BALL OFFERS WILL NOT GET A RESPONSE OR BE CONSIDERED * THE HOME HAS SETTLEMENT ISSUES WITH VISIBLE CRACKS ON THE WALLS IN THE HALLWAY - THE SELLER IS A TRUSTEE AND HAS NO KNOWLEDGE OF THE EXTENT OF THE ISSUE* WITH A LITTLE BIT OF WORK THIS COULD BE A GREAT HOME FOR YOU * THE HOME SITS IN THE FABULOUS GATED COMMUNITY OF PALERMO IN SEVEN HILLS * YOU MUST SEE THE HOME FOR YOUR OFFER TO BE CONSIDERED
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 2.1 mi
Grades PK-5 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,438 | 2,463 | 8% |
| Lot Size | 4,792 | 7,405 | 20% |
| Price | $400.0K | $0 | 58% |
| Price per sq ft | $278 | $0 | 68% |
| Built year | 1998 | 2002 | 5% |
| HOA | $68 | $50 | 60% |
| Days on market | 17 | 2707 | 1% |
Jun 3, 2026
$400,000
Initial Listing