
Las Vegas, NV 89121
This property presents a High-Potential Investment Opportunity with a List Price of $610,000—positioned well above the $570,572 Fair Market Value by 6%. While the property requires a full rehab due to its Fair Condition Rating, the 2,969 square foot floor plan, private pool, and downstairs primary suite provide a solid foundation for forced appreciation. This asset is a strategic acquisition for Fix-and-Flip Investors or Contractors capable of modernizing the 1978 retro architecture to maximize long-term rental or resale value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3198 El Cedro Circle Subject | $610,000* List Price | 4 | 2 | 2,969 | $192 | - |
A 3350 Algona Circle Sold | $445,000 | 3 | 3 | 1,822 | $244 | 0.2 mi |
B 2576 Aviv Court Sold | $695,000 | 4 | 5 | 3,611 | $192 | 0.7 mi |
C 3673 Castille Street Sold | $485,000 | 3 | 3 | 2,246 | $216 | 0.8 mi |
D 3535 Middlebury Avenue Sold | $490,000 | 5 | 3 | 2,125 | $231 | 0.4 mi |
E 3535 Middlebury Avenue Sold | $490,000 | 6 | 3 | 2,125 | $231 | 0.4 mi |
F 2635 Regency Cove Court Active | $589,990 List Price | 5 | 3 | 2,674 | $221 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978, this home is over 45 years old and retains mostly original 'retro' finishes, including dated gold-framed showers and 70s-style stone masonry. The listing explicitly mentions 'value-add potential' and the need for a 'modern renovation,' while the exterior and backyard show signs of neglect and deferred maintenance, necessitating a full rehab.
The generous 2,969 square foot floor plan includes a highly sought-after downstairs primary suite, providing excellent accessibility and a functional layout for long-term residency.
Situated on a substantial 10,454 square foot lot, the property features a private pool and mature desert landscaping, offering a significant outdoor retreat and entertaining space.
With zero association fees and unique features like a dramatic curved staircase and stone fireplace, this home offers both financial freedom and a distinctive canvas for a custom renovation.
The property's 'retro personality' and 1978 build date suggest that substantial updates and modernizations are likely required to bring the home up to current market standards.
The assigned elementary, middle, and high schools all carry a low rating of 3, which may limit the property's appeal to families prioritizing public education quality.
SPACE, CHARACTER & OPPORTUNITY! Welcome to 3198 El Cedro Circle, a distinctive 4-bedroom, 2-bath home offering approximately 2,969 square feet, a 2-car garage, private pool, and primary bedroom conveniently located downstairs. Built in 1978, this home delivers architectural character that’s hard to replicate, including a dramatic curved staircase, an open second-story overlook, a stone fireplace, mirrored accents, and expansive living and entertaining spaces. The generous floor plan provides flexibility for everyday living, entertaining, working from home, or creating dedicated recreation and gathering areas. Step outside and enjoy your own private pool, mature palm trees, desert landscaping, and plenty of opportunity to create a personalized outdoor retreat. For buyers who appreciate character, space, and the opportunity to make a home their own, this property offers an exciting canvas. The combination of nearly 3,000 square feet, 4 bedrooms, 2 baths, downstairs primary suite, pool, and value-add potential creates an opportunity worth exploring. Whether your vision is to preserve its distinctive retro personality or transform it with a modern renovation, 3198 El Cedro Circle offers the space and flexibility to make it happen. Schedule a showing and see the possibilities for yourself!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,969 | 1,961.945 |
| Lot Size | 10,454 | 6,098 |
| Price | $610.0K | $486.0K |
| Price per sq ft | $205 | $259 |
| Built year | 1978 | 2002 |
| HOA | $0 | $83 |
| Days on market | 28 | 62 |
Aug 12, 2026
$610,000
Initial Listing