3505 West Bonanza Road, Las Vegas, NV 89107, Las Vegas, 89107 - 3 bed, 2 bath
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3505 West Bonanza Road
Las Vegas, NV 89107
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
2,198Sq Ft
6,534Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$436,834
SUMMARY
This Prime Investment Opportunity is listed at a List Price of $425,000—positioned well below the $436,835 Fair Market Value by 2%. This valuation gap offers $11,835 in Instant Equity. Featuring an Extensively Renovated Condition Rating, the home includes a 400 sq ft flex room and modern kitchen updates. While school ratings are mixed, the No HOA status and central location near Lorenzi Park provide long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, versatile space.
Estimated Market Value
$436,834
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3505 West Bonanza Road Subject | $425,000* List Price | 3 | 2 | 2,198 | $199 | - |
A 601 Cragin Park Drive Sold | $460,000 | 4 | 3 | 2,116 | $217 | 0.9 mi |
B 417 Meadow Valley Drive Sold | $430,000 | 4 | 2 | 1,784 | $241 | 0.8 mi |
C 4525 Mayflower Lane Pending | $399,998 List Price | 3 | 2 | 1,904 | $210 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Extensively renovated within the last year with new exterior stucco, new windows, fresh paint, and new flooring throughout. The kitchen has been fully updated with new cabinetry and countertops, and the home features modern recessed lighting and fixtures, meeting the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Renovations
The property has been significantly updated with new exterior stucco, windows, flooring, and a refreshed kitchen, providing a move-in-ready aesthetic and reducing immediate maintenance costs for the buyer.
- Versatile Living Space
Boasting nearly 2,200 square feet, the home includes an oversized living area and a massive 400-square-foot flex room, offering rare flexibility for a home theater, gym, or studio.
- No HOA & Central Location
The absence of association fees combined with a central location near Lorenzi Park and major freeway access offers both financial savings and excellent urban connectivity.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1962, the property may have underlying mechanical, electrical, or plumbing systems nearing the end of their lifespan, despite the high-quality cosmetic updates.
- Underperforming School Ratings
The property is zoned for schools with mixed ratings, including a high school with a low rating of 2, which may be a concern for families and impact future resale value.
About 3505 West Bonanza Road
Beautifully updated and exceptionally spacious, this Las Vegas home delivers the perfect combination of modern finishes, flexible living space, and a convenient central location! Step inside to an impressive oversized living area measuring approximately 20.2 x 22.8'—an incredible space for entertaining, relaxing, and gathering. The home has been extensively refreshed inside and out with new exterior stucco, new windows throughout, fresh interior and exterior paint, new flooring, recessed lighting, and new ceiling fans. The refreshed kitchen features new cabinetry and countertops, offering a clean, modern look and plenty of functionality. And there's more! A massive 17.7' x 22.1' extra room offers nearly 400 sq ft of versatile additional space ready to fit your lifestyle. Imagine the possibilities: game room, home theater, gym, office, studio, entertainment room, or hobby space. Enjoy a convenient Las Vegas location near Lorenzi Park, Sammy Davis Jr. Festival Plaza, Las Vegas Golf Club, Strong Start Academy at Lorenzi, and easy freeway access. Freshly updated, impressively spacious, and filled with possibilities—come experience the space for yourself. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruth Fyfe Elementary School
Grades PK-5 • 0.4 mi
0/10
Twin Lakes Elementary School
Grades PK-5 • 0.5 mi
4/10
Howard Wasden Elementary School
Grades PK-5 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,198 | 1,961.945 |
| Lot Size | 6,534 | 6,098 |
| Price | $425.0K | $486.0K |
| Price per sq ft | $193 | $259 |
| Built year | 1962 | 2002 |
| HOA | $0 | $83 |
| Days on market | 25 | 62 |
Pricing History
Listed for Sale
Aug 15, 2026
$425,000
Initial Listing