355 Island Reef Avenue, Henderson, NV 89012, Henderson, 89012 - 3 bed, 2 bath
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Henderson, NV 89012
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $440,605 Fair Market Value by -2%. Featuring a Fair Condition Rating, this single-story home in Black Mountain Vistas offers a private swimming pool and a generous 8,712 sqft lot. While the home requires TLC, the functional layout and proximity to top-rated schools like Mannion Middle provide a solid foundation for value-add renovations. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 355 Island Reef Avenue Subject | $450,000* List Price | 3 | 2 | 1,574 | $280 | - |
A 437 Palegold Street Sold | $405,000 | 3 | 2 | 1,629 | $249 | 0.2 mi |
B 463 Palegold Street Sold | $392,000 | 3 | 3 | 1,930 | $203 | 0.4 mi |
C 130 Lemongold Street Sold | $453,000 | 3 | 2 | 1,551 | $292 | 0.2 mi |
D 314 ISLAND REEF Avenue Sold | $485,000 | 2 | 2 | 1,470 | $330 | 0.2 mi |
E 197 Kings Canyon Court Sold | $500,000 | 3 | 3 | 2,021 | $247 | 0.8 mi |
F 114 Gamboge Street Active | $470,000 List Price | 3 | 2 | 1,780 | $264 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (27 years old), the property falls into the 'Fair' category as it is over 20 years old with no mentioned renovations. The listing explicitly states the home needs 'TLC' and a 'personal touch,' while photos show significantly worn carpeting and dated interior finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1574.
The property features a private swimming pool on a generous 8,712 sqft lot, providing a significant lifestyle advantage and high demand in the Henderson climate.
Situated in the sought-after Black Mountain Vistas gated community, the home offers enhanced security and proximity to top-rated schools, including Mannion Middle School.
The property is noted as needing 'TLC' and is priced according to its current condition, implying immediate additional capital is required for repairs and modernization.
Built in 1999, the home likely features original finishes and aging systems that may not meet the aesthetic or efficiency standards of contemporary buyers without significant updates.
Nestled in a desirable gated community with breathtaking mountain views. This home offers a bright, open-concept floor plan filled with natural light, creating an inviting atmosphere that’s perfect for both everyday living and entertaining. The seamless flow between the living, dining, and kitchen areas enhances the home’s spacious feel. Step outside to your private backyard oasis featuring a sparkling pool with a cascading waterfall, the perfect place to relax, entertain guests, or enjoy warm Nevada evenings while taking in the scenic mountain backdrop.Ideally located near parks, shopping, dining, and freeway access, this home combines comfort, style, and resort-style outdoor living in one exceptional package.
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,574 | - |
| Lot Size | 8,712 | - |
| Price | $450.0K | $527.3K |
| Price per sq ft | $286 | $279 |
| Built year | 1999 | 0 |
| HOA | $37 | $0 |
| Days on market | 16 | 2555 |
Jul 6, 2026
$450,000
Initial Listing