3966 Shimmering Plains Street, Las Vegas, NV 89129, Las Vegas, 89129 - 3 bed, 3 bath
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3966 Shimmering Plains Street
Las Vegas, NV 89129
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,674Sq Ft
3,485Lot Size
Property Price
LIST PRICE$360,000
EST. MARKET VALUE
$380,602
5% BelowMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $360,000—positioned well below the $380,602 Fair Market Value by 5%. This valuation gap offers $20,602 in Instant Equity for the buyer. Featuring a Good Condition Rating with recent HVAC, furnace, and water heater upgrades, the home provides immediate mechanical reliability. While the interior offers room for cosmetic personalization, the functional layout and low $19 HOA fee make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$380,602+$20,602 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 |
|---|---|---|---|---|---|---|
★ 3966 Shimmering Plains Street Subject | $360,000* List Price | 3 | 3 | 1,674 | $227 | - |
A 3962 Coyote Ridge Court Sold | $410,000 | 3 | 3 | 1,818 | $226 | 0.0 mi |
B 3740 Konica Court Sold | $406,250 | 3 | 3 | 1,904 | $213 | 0.3 mi |
C 8233 Rocky Bluff Way Sold | $450,000 | 3 | 3 | 1,802 | $250 | 0.6 mi |
D 7720 Prosperity River Avenue Sold | $385,000 | 3 | 3 | 1,818 | $212 | 0.5 mi |
E 7928 Seabourn Court Sold | $405,000 | 3 | 3 | 1,824 | $222 | 0.7 mi |
F 8721 Country View Avenue Sold | $423,000 | 3 | 3 | 1,524 | $278 | 0.8 mi |
G 7908 Constantinople Avenue Sold | $410,000 | 3 | 3 | 2,108 | $194 | 0.3 mi |
H 3629 Copper Cactus Drive Sold | $370,000 | 4 | 3 | 1,662 | $223 | 0.4 mi |
I 3963 Goldspur Street Active | $415,000 List Price | 3 | 3 | 1,818 | $228 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 2002 (22 years old), it qualifies for a Good rating due to significant recent capital improvements including a new HVAC system, furnace, and water heater. The interior features updated luxury vinyl plank flooring and modern neutral paint throughout. Although the kitchen cabinetry and countertops appear original to the 2002 build, the home is well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Major System Upgrades
The property features a brand-new HVAC system, furnace, and water heater, significantly reducing immediate capital expenditure and providing long-term mechanical reliability.
- Investment Potential
Priced below market value and situated in the desirable Lone Mountain area, this home offers significant equity growth potential for investors or owner-occupants.
- Low Carrying Costs
With an exceptionally low monthly association fee of only $19, the property offers superior affordability and higher net yields for rental portfolios.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 3,485-square-foot lot is relatively small for a single-family residence, which may limit outdoor recreation space and privacy between neighbors.
- Anticipated Cosmetic Updates
Marketed as an investor opportunity, the interior likely requires cosmetic modernizing to reach its full market potential and compete with fully renovated homes in the area.
About 3966 Shimmering Plains Street
Investor opportunity priced below market value! This spacious two story home near Lone Mountain features an open floor plan with a generous living area, a well-appointed kitchen with stainless steel and black appliances, New HVAC, New Furnace, New water heater, recessed lighting, a walk-in pantry, abundant cabinet storage, and a dining area, plus an upstairs loft/family room, a spacious primary suite with a large walk-in closet, dual vanities, and a glass enclosed shower, ceiling fans and blinds throughout, and a large covered patio, offering excellent potential for investors or owner-occupants seeking value in a desirable location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $19 / Month
Neighborhood Insights
Las Vegas Unified Schools
Marc Kahre Elementary School
Grades PK-5 • 0.7 mi
5/10
Dorothy Eisenberg Elementary School
Grades PK-5 • 0.8 mi
6/10
Edith Garehime Elementary School
Grades PK-5 • 1.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,674 | 1,961.945 |
| Lot Size | 3,485 | 6,098 |
| Price | $360.0K | $486.0K |
| Price per sq ft | $215 | $259 |
| Built year | 2002 | 2002 |
| HOA | $19 | $83 |
| Days on market | 34 | 62 |
Pricing History
Listed for Sale
Aug 6, 2026
$360,000
Initial Listing