3300 Point Lobos Drive, Las Vegas, NV 89108, Las Vegas, 89108 - 3 bed, 2 bath
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Las Vegas, NV 89108
This Value-Add Residential Asset is listed at $325,000, compared to a $260,243 Fair Market Value that reflects its current need for rehabilitation. Holding a Condition Rating of 5, the property requires a full-scale remodel to modernize the 3-bedroom functional layout. The 6,534-square-foot lot and absence of HOA fees offer significant flexibility for value-add improvements, while area comps suggest strong post-renovation upside. Located near R E Tobler Elementary and Cheyenne High School, this project is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3300 Point Lobos Drive Subject | $325,000* List Price | 3 | 2 | 1,175 | $221 | - |
A 5828 Divers Cove Way Sold | $368,000 | 3 | 2 | 1,208 | $305 | 0.2 mi |
B 5913 Montecito Way Sold | $365,000 List Price | 3 | 2 | 1,175 | 0.3 mi | |
C 5705 Mossman Avenue Sold | $255,000 | 3 | 2 | 1,196 | $213 | 0.4 mi |
D 6000 Santa Catalina Avenue Sold | $345,000 | 3 | 2 | 1,208 | $286 | 0.3 mi |
E 2912 Drury Street Sold | $372,500 | 3 | 2 | 1,236 | $301 | 0.9 mi |
F 3428 Miramar Drive Sold | $320,000 List Price | 3 | 2 | 1,270 | 0.2 mi | |
G 3109 Autumn Leaf Court Active | $420,000 List Price | 3 | 2 | 1,395 | $301 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in poor condition and requires substantial rehabilitation. Interior images show significant deferred maintenance, including holes in the walls, missing tiles and plumbing fixtures in the bathroom, and heavily soiled surfaces throughout. The listing explicitly states the home requires a full remodel and is being sold as-is, making it unsuitable for immediate occupancy.
Priced competitively for the Las Vegas market, this property offers significant upside for investors or flippers looking for a high-yield value-add project.
With an association fee of zero, homeowners benefit from lower monthly carrying costs and fewer property restrictions compared to many surrounding subdivisions.
The home features a practical three-bedroom floor plan with solid bones, providing an excellent foundation for a custom modern remodel.
The property requires comprehensive updates and repairs throughout, making it unsuitable for buyers seeking a move-in-ready residence.
Being sold strictly in as-is condition, the buyer must be prepared to assume all responsibility for existing defects and immediate capital improvements.
Opportunity awaits at 3300 Point Lobos! This property is priced to sell and offers incredible potential for investors, flippers, or buyers looking to customize their dream home. The home requires renovation and updates, making it a perfect canvas to bring your vision to life. Featuring a functional layout and solid bones, this residence provides a great starting point for a full remodel or value-add project. With the right improvements, this property could truly shine. Conveniently located near shopping, dining, and major roadways, this is a rare chance to invest in a property with strong upside potential. Property is being sold as-is. Don’t miss out on this value opportunity!
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,175 | 1,526 | 19% |
| Lot Size | 6,534 | 6,400 | 50% |
| Price | $325.0K | $352.4K | 41% |
| Price per sq ft | $277 | $232 | 74% |
| Built year | 1986 | 1984 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 882 | 0% |
Mar 26, 2026
$325,000
Initial Listing
Jul 19, 2001
$109,000
Public Record