3881 Casa Colorado Avenue, Las Vegas, NV 89121, Las Vegas, 89121 - 3 bed, 2 bath
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Las Vegas, NV 89121
This 3-Bedroom Single-Story Value-Add Asset represents a High-Potential Investment Opportunity with a List Price of $349,500, positioned at its $349,500 Fair Market Value. Currently holding a Condition Score of 5, the home requires comprehensive modernization but offers significant forced equity potential. The expansive 10,454 sq. ft. lot includes Boat/RV Parking, a wrap-around covered patio, and No HOA fees, providing high utility near Chaparral High School. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-ROI renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3881 Casa Colorado Avenue Subject | $349,500* List Price | 3 | 2 | 1,707 | $205 | - |
A 3969 Florrie Circle Sold | $355,000 | 3 | 2 | 1,739 | $204 | 0.1 mi |
B 4696 E Twain Avenue Sold | $255,000 | 3 | 2 | 1,648 | $155 | 0.4 mi |
C 4194 Gibraltar Street Sold | $399,999 List Price | 3 | 2 | 1,722 | 0.4 mi | |
D 4329 Salamanca Circle Sold | $385,500 | 4 | 2 | 1,627 | $237 | 0.6 mi |
E 4518 El Canela Way Sold | $348,500 | 3 | 2 | 1,620 | $215 | 0.7 mi |
F 4518 EL CANELA Way Sold | $348,500 | 3 | 2 | 1,620 | $215 | 0.7 mi |
G 3911 Chutney Street Pending | $454,000 List Price | 4 | 2 | 1,756 | $259 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973, this property is in mostly original condition and shows significant signs of deferred maintenance and neglect. The kitchen and bathrooms feature heavily dated cabinetry, countertops, and fixtures from the era of construction. Interior images reveal soiled walls, worn carpeting, and popcorn ceilings throughout. The exterior shows a dilapidated patio cover and an unlandscaped yard, aligning with the listing's description as a fixer-upper 'ready for your vision' and priced significantly below market value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1707.
The property sits on a generous quarter-acre lot with no HOA, featuring dedicated Boat/RV parking and a large wrap-around covered patio with ample room for a pool or garden.
Priced below current market value and described as 'ready for your vision,' this home offers a prime opportunity for investors or buyers to build equity through modernization.
Built in 1973 and marketed as a fixer-upper, the home likely requires substantial investment in cosmetic and structural updates to meet modern standards.
The assigned middle and high schools carry low performance ratings (2/10 and 3/10), which may be a drawback for families prioritizing educational quality.
Incredible deal on this Single story home with over 1,700 sq ft. located on a 1/4 acre +/- lot with Boat / RV parking and no HOA! Enter thru the gated courtyard, once in go left to the large living room with vaulted ceilings thru the dining room to the kitchen that opens to the family room with a cozy brick fireplace. Down the hall you will find 3 bedrooms, 2 bathrooms, laundry room and access to the 2 car garage. Wait until you see this backyard with palm tree's, huge wrap around covered patio, and room for a pool or playground or garden or maybe all 3! This home is priced way under current value and is ready for your vision! This is the home that you will talk about if you miss out. Straight West on Flamingo to the Famous Las Vegas Strip and located near schools, parks, freeway, Restaurants, shopping, pretty much anything you could need is just a short distance away.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.1 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 | 1,707 | 1,779 | 44% |
| Lot Size | 10,454 | 7,405 | 84% |
| Price | $349.5K | $380.0K | 40% |
| Price per sq ft | $205 | $208 | 47% |
| Built year | 1973 | 1972 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 200 | 495 | 32% |
Oct 5, 2025
$349,500
Initial Listing
May 1, 1997
$120,000
Public Record