
Las Vegas, NV 89106
This Value-Add Residential Asset is listed at $350,000, positioned above the $317,621 Fair Market Value. The property’s primary appeal is the 10,890 sqft Oversized Lot, providing exceptional utility for the 1,040 sqft footprint. Holding a Condition Rating of 5, the 1955 structure requires a comprehensive rehabilitation to modernize all major systems. Key features include a Detached Workshop, RV Parking, Solar Panels, and a No HOA status. Served by Ollie Detwiler Elementary and Robert O Gibson Middle, this project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to maximize lot potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3456 Valley Lane Subject | $350,000* List Price | 3 | 2 | 1,040 | $305 | - |
A 1204 Arrowhead Avenue Sold | $340,000 | 3 | 2 | 1,181 | $288 | 0.5 mi |
B 1225 Arrowhead Avenue Sold | $355,000 | 3 | 2 | 1,182 | $300 | 0.4 mi |
C 1225 Arrowhead Avenue Sold | $355,000 | 3 | 2 | 1,182 | $300 | 0.4 mi |
D 1131 Tamerack Avenue Sold | $340,000 | 4 | 2 | 1,300 | $262 | 0.6 mi |
E 1106 Arrowhead Avenue Sold | $316,500 | 5 | 2 | 1,314 | $241 | 0.7 mi |
F 1901 Manhattan Drive Sold | $330,000 | 4 | 2 | 1,347 | $245 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955, this property is marketed as a fixer-upper with 'endless potential,' signaling a need for significant rehabilitation. The images reveal dated interior finishes, cluttered utility areas, and an exterior with deferred maintenance and debris. The kitchen and bathrooms appear to be in original or very old condition, lacking modern appliances or fixtures, and the overall small footprint and age suggest that major systems likely require updating to meet current safety and comfort standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1040.
The property sits on a generous 10,890 sqft oversized lot featuring a detached workshop and RV parking, providing exceptional space for hobbies, storage, and outdoor activities.
The inclusion of solar panels is a significant asset for a Las Vegas residence, offering the homeowner substantial savings on energy bills and improved sustainability.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1955 and marketed as having 'endless potential,' the home likely requires a significant capital injection to address dated finishes and bring it up to modern standards.
At just 1,040 square feet for a three-bedroom configuration, the living spaces may feel restrictive and lack the open-concept flow desired by many contemporary buyers.
Oversized lot. Single-level living. Endless potential. This fully fenced home features a cozy fireplace, spacious primary suite with backyard access, detached workshop, RV parking, and solar panels for low energy bills. With great bones just bring your ideas because this is the perfect opportunity to customize and add value. Conveniently located near schools, shopping, and highways. A true hidden gem waiting to shine!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.2 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 | 1,040 | 1,306 | 13% |
| Lot Size | 10,890 | 6,534 | 90% |
| Price | $350.0K | $310.0K | 70% |
| Price per sq ft | $337 | $224 | 97% |
| Built year | 1955 | 1963 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 776 | 5% |
Feb 2, 2026
$350,000
Initial Listing
Jun 23, 1998
$50,000
Public Record