395 East Wigwam Avenue, Las Vegas, NV 89123, Las Vegas, 89123 - 5 bed, 5 bath
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395 East Wigwam Avenue
Las Vegas, NV 89123
ACTIVE
CONDITION: GOOD
5Beds
5Baths
5,124Sq Ft
37,462Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,485,909
9% BelowMARKET VALUE
SUMMARY
This Spacious Luxury Estate is a High-Potential Investment Opportunity, listed at $1,350,000—positioned well below the $1,540,433 Fair Market Value by 12%. This valuation gap offers $190,433 in Instant Equity for the buyer. The property is in Good Condition, featuring a 5,124 sqft layout, a private pool, and a massive 37,462 sqft lot. This rare, non-HOA residence provides significant lifestyle value and long-term appreciation potential, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, resort-style sanctuary.
Estimated Market Value
$1,485,909+$135,909 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 395 East Wigwam Avenue Subject | $1,350,000* List Price | 5 | 5 | 5,124 | $290 | - |
A 348 East Torino Avenue Active | $1,399,900 List Price | 6 | 4 | 4,249 | $329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, the property is approximately 17-19 years old, placing it squarely in the 'Good' category. The home is well-maintained and move-in ready, featuring a functional open-concept layout, integrated kitchen appliances, and updated wood-look flooring in the bedrooms that complements the original tile.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37462, living area = 5124.
- Expansive Private Lot
Situated on nearly an acre of land with no HOA fees, this property offers rare privacy and significant space for outdoor customization or large-scale storage in the Las Vegas market.
- Resort-Style Amenities
The backyard serves as a private oasis featuring an in-ground pool and a dedicated volleyball court, providing an exceptional environment for active recreation and high-end entertaining.
CONSRISKS & DEFICIENCIES
- High Maintenance Demands
The scale of a 5,128 square foot residence paired with nearly an acre of improved land and a pool will require substantial ongoing maintenance and utility expenditures.
- Potential for Cosmetic Updates
Built in 2007, the interior features like warm tiled flooring and specific architectural motifs may feel dated to buyers seeking the ultra-modern aesthetic currently trending in the luxury sector.
About 395 East Wigwam Avenue
Discover this remarkable Las Vegas estate, perfectly situated on nearly an acre of private land. This impressive residence boasts 5 bedrooms and 4.5 bathrooms across 5,128 square feet, offering an abundance of space for both relaxation and grand entertaining. Architectural arches and intricate ceiling designs enhance the inviting common areas, which feature a seamless flow of warm tiled flooring. The open-concept living spaces provide an ideal setting for gatherings, while selected bedrooms offer direct outdoor access for indoor-outdoor living. The inviting kitchen is a culinary dream, showcasing sleek, expansive countertops and integrated appliances. Step outside to your private oasis, where a refreshing in-ground pool awaits, complete with a volleyball court for active recreation. The expansive backyard access offers plenty of room for outdoor enjoyment and privacy. This property truly combines luxurious indoor living with exceptional outdoor amenities, creating an extraordinary lifestyle opportunity in Las Vegas.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 37,462 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 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 | 5.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,124 | 1,961.945 |
| Lot Size | 37,462 | 6,098 |
| Price | $1.35M | $486.0K |
| Price per sq ft | $263 | $259 |
| Built year | 2007 | 2002 |
| HOA | $0 | $83 |
| Days on market | 43 | 62 |
Pricing History
Listed for Sale
Jul 28, 2026
$1,350,000
Initial Listing