
Las Vegas, NV 89124
This property presents a Strong Value Opportunity with a List Price of $360,000—positioned well below the $402,457 Fair Market Value by 10%. This valuation gap offers $42,457 in Instant Equity for buyers willing to address the Condition Rating of 5. The expansive 10,890-square-foot lot provides significant upside for exterior expansion or landscaping. This is a value-add acquisition ideal for Buy-and-Hold Investors or Contractors seeking a mountain retreat project with high potential for forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3968 Mont Blanc Way Subject | $360,000* List Price | 2 | 1 | 693 | $581 | - |
A 4145 Tyrol Way Active | $345,000 List Price | 1 | 1 | 600 | $575 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property requires substantial rehabilitation. The kitchen is in a state of disrepair with missing cabinet doors and exposed plumbing, while the interior features dated popcorn ceilings and older fixtures. The exterior wood siding is weathered, and the listing description explicitly states the home needs significant TLC and restoration to be fully functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 693.
Situated on the slopes of Mount Charleston amidst tall pines, this property offers a serene and private mountain escape that is highly sought after for its natural beauty and proximity to Las Vegas.
The property features a generous 10,890-square-foot lot, providing ample space for outdoor amenities like a fire pit or deck expansion, and offering a level of privacy rarely found in smaller cabin sites.
Built in 1961 and described as needing 'TLC,' the cabin requires substantial updates to its weathered exterior and interior systems to meet modern comfort standards.
At only 693 square feet with a single bathroom, the compact interior layout may be restrictive for those seeking a more functional or spacious full-time residence.
The cabin sits tucked beneath a stand of tall, whispering pines on the slopes of Mount Charleston, its weathered wood siding has stood the test of time of the mountain sun and winter snow. Edged by wild grasses and, opening into a surprisingly large lot that feels both private and full of possibility. The structure itself has good bones but clearly needs some TLC. There’s a rustic charm here that can’t be replicated—just uncovered and restored. It’s easy to picture a garden, a fire pit, or even an expanded deck taking shape. With a little vision and effort, the property could transform into a quiet mountain retreat or a cozy full-time escape from the city below.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 693 | - |
| Lot Size | 10,890 | - |
| Price | $360.0K | $474.8K |
| Price per sq ft | $519 | $257 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 120 | 526 |
May 9, 2026
$360,000
$400,000
-10% Price Drop
Initial Listing
Mar 24, 2026
$400,000
Initial Listing