3877 Platis Circle, Las Vegas, NV 89103, Las Vegas, 89103 - 4 bed, 3 bath
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3877 Platis Circle
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,272Sq Ft
8,276Lot Size
Property Price
LIST PRICE$589,000
EST. MARKET VALUE
$534,188
10% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $589,000—positioned above the $534,189 Fair Market Value. While currently priced above market, the property offers significant Value-Add Expansion Potential through the conversion of the enclosed front patio into climate-controlled living space. Featuring a Resort-Style Backyard Oasis with a Pool and Spa, the home maintains a Fair Condition Rating (4/10). This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to force appreciation through strategic renovation and HVAC integration.
Estimated Market Value
$534,188
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 |
|---|---|---|---|---|---|---|
★ 3877 Platis Circle Subject | $589,000* List Price | 4 | 3 | 2,272 | $235 | - |
A 5914 W Twain Avenue Sold | $479,900 | 3 | 3 | 2,205 | $218 | 0.3 mi |
B 5829 Thor Drive Sold | $475,000 | 4 | 2 | 1,998 | $238 | 0.2 mi |
C 5422 Holbrook Drive Sold | $463,000 | 4 | 3 | 2,150 | $215 | 0.2 mi |
D 5872 Buhl Court Sold | $527,000 | 4 | 3 | 2,128 | $248 | 0.2 mi |
E 5195 Ganado Drive Sold | $535,000 | 4 | 3 | 2,150 | $249 | 0.4 mi |
F 4028 Zapotec Way Sold | $495,000 | 4 | 3 | 1,980 | $250 | 0.6 mi |
G 5817 W Cherokee Avenue Sold | $470,000 | 4 | 3 | 2,141 | $220 | 0.4 mi |
H 3804 Red Rock Street Active | $499,888 List Price | 4 | 3 | 2,128 | $235 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is dated and shows its age. While the kitchen features some updates like granite countertops and stainless steel appliances, the cabinetry shows visible wear, and the bathrooms, laundry area, and popcorn ceilings are largely original, requiring cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Backyard Oasis
The property features a highly desirable, secluded backyard with a pool, built-in daybed cabana, outdoor fireplace, and mature landscaping, creating a private retreat ideal for entertaining.
- Value-Add Expansion Potential
An enclosed front patio offers a unique opportunity to increase the home's official square footage and market value by adding HVAC, a conversion already confirmed as viable by Clark County.
- No HOA & Central Location
The absence of homeowners association fees provides financial freedom and flexibility, paired with an unbeatable central location just 15 minutes from the airport and major amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Property Age
Built in 1986, the home may require updates to major systems or cosmetic modernizations to align with the standards of newer residential developments in the Las Vegas market.
- Immediate HVAC Investment
To fully utilize the enclosed front space as official living area and maximize the property's advertised potential, the buyer will need to invest in climate control installation.
About 3877 Platis Circle
SECLUDED BACKYARD OASIS WITH POOL, CABANA & FIREPLACE! Step into a lush paradise with mature trees and vibrant plants in a serene, secluded setting. Enjoy a built-in daybed cabana, cozy outdoor fireplace, and poolside shower perfect for relaxation or entertaining. Water fountains add charm to both front and back yards. The front yard is fully enclosed with greenery for added privacy. All landscaping is on an easy to use irrigation system! A fully enclosed front patio offers versatile space ideal for a gym, lounge, or office. This Front enclosed space could be added to SQFT of the house by simply adding HVAC to it, Clark County has already confirmed this, so basically the home is bigger than advertised. Inside, enjoy a separate living room, family room, and dining room. The primary suite boasts a large walk-in closet and additional seating/office space. Spacious driveway and ample storage. Unbeatable central location near shops, dining, schools, and parks, and just 15 minutes from the airport! Perfect for hosting summer get-togethers, working from home, or simply unwinding in your own resort-style retreat. A rare find you don’t want to miss! MUST SEE IN PERSON!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,272 | 1,961.945 |
| Lot Size | 8,276 | 6,098 |
| Price | $589.0K | $486.0K |
| Price per sq ft | $259 | $259 |
| Built year | 1986 | 2002 |
| HOA | $0 | $83 |
| Days on market | 5 | 62 |
Pricing History
Listed for Sale
Sep 4, 2026
$589,000
Initial Listing
Sold
May 23, 1997
$135,000
Public Record