
Mesquite, NV 89027
This Waterfront Desert Oasis is a Prime Investment Opportunity, listed at $339,000—positioned well below the $350,829 Fair Market Value by 3%. This valuation gap provides $11,829 in Instant Equity. Boasting a Good Condition Rating, the home features New Luxury Vinyl Plank Flooring, fresh paint, and a rare Lakefront Setting with Waterfalls. With vacation rentals explicitly permitted and proximity to Wolf Creek Golf Course, this turnkey property offers both lifestyle and income potential. It is an ideal acquisition for Vacation Rental Investors or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Paradise Pkwy 113 Subject | $339,000* List Price | 2 | 2 | 1,244 | $282 | - |
A 284 Palmer Sold | $299,000 List Price | 2 | 2 | 1,328 | 0.7 mi | |
B 140 Parliament Pt Pending | $369,000 List Price | 2 | 2 | 1,230 | $300 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001 (23 years old), the property exceeds the 20-year 'Fair' threshold but qualifies as 'Good' due to recent high-quality renovations including new luxury vinyl plank flooring and fresh paint throughout. While kitchen and bathroom cabinetry appear original, they are well-maintained, and the kitchen features updated stainless steel appliances. The addition of a dedicated HVAC unit in the garage and the 'mint' interior condition make it move-in ready.
The property features a rare desert oasis location on a million-gallon man-made lake with cascading waterfalls and an east-facing backyard for year-round outdoor enjoyment.
Vacation rentals are explicitly permitted within the subdivision's CCRs, making this an ideal opportunity for short-term rental investors or seasonal residents.
The home is move-in ready with new luxury vinyl plank flooring, fresh paint, and a premium insulated garage equipped with its own A/C unit and epoxy floors.
The $281 monthly HOA fee represents a recurring carrying cost that may impact the budget for some buyers or reduce net yields for rental investors.
At 1,244 square feet with only two bedrooms, the property may feel undersized for families or those requiring additional space for a dedicated home office.
Welcome to 400 Paradise Parkway #113 located on the stunning million gallon man made lake with waterfalls that cascade down into the lake and then recirculates. Views across the valley. It is a one of a kind location that offers a tranquil - peaceful oasis type setting in the desert. Located next to the award winning Wolf Creek Golf Course. Vacation rentals are allowed in this subdivision. It is written into the ccr's. RV parking is located just steps away in the parking lot next to Wolf Creek Golf Course. Beautifully updated. New paint throughout the interior of the home - not even a nail hole. New luxury vinyl plank has been installed throughout the entire home. Windows along the south side of the home bring in lots of natural light. Excellent kitchen design offers plenty of countertop space. All appliances included plus washer & dryer. Garage is insulated PLUS has its own A/C unit with epoxy floors. Backyard has a unique fully fenced stucco wall with a gate that opens up to the man made lake. East facing backyard creates year round enjoyment in this backyard. Large mature trees, green grass and a lake...UNFORGETABLE SETTING IN THIS BACKYARD !!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,244 | 1,328 | 40% |
| Lot Size | 5,663 | 4,792 | 60% |
| Price | $339.0K | $0 | 80% |
| Price per sq ft | $273 | $0 | 80% |
| Built year | 2001 | 2001 | 50% |
| HOA | $281 | $71 | 80% |
| Days on market | 52 | 2218 | 20% |
Apr 23, 2026
$339,000
Initial Listing