
Las Vegas, NV 89147
This Hybrid Townhouse Asset is a High-Potential Investment Opportunity, listed at $388,800—positioned slightly above the $383,746 Fair Market Value. Despite the minor premium, the property offers significant versatility with No HOA Fees and a resort-style pool. Featuring a Condition Rating of 3, the home is move-in ready with recent cosmetic updates. Its unique layout allows for potential unit splitting or a fourth bedroom conversion, providing clear value-add potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4007 Spring Leaf Drive Subject | $388,800* List Price | 3 | 2 | 1,519 | $253 | - |
A 7075 Starwood Drive Sold | $400,000 | 3 | 2 | 1,519 | $263 | 0.2 mi |
B 7231 Vireo Drive Sold | $400,000 | 5 | 2 | 1,564 | $256 | 0.8 mi |
C 7091 Kenwood Street Sold | $325,000 | 3 | 2 | 1,060 | $307 | 0.6 mi |
D 7053 Mountain Meadow Lane Sold | $340,000 | 3 | 2 | 1,248 | $272 | 0.9 mi |
E 7053 Mountain Meadow Lane Sold | $340,000 | 3 | 2 | 1,248 | $272 | 0.9 mi |
F 7053 Cheerful Circle Pending | $340,000 List Price | 3 | 2 | 1,311 | $259 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1981, the property has undergone a recent cosmetic renovation including fresh paint, updated flooring, and stainless steel appliances. The listing confirms an inspection was completed and all repairs were made, indicating the home is well-maintained and move-in ready.
This townhouse offers the rare advantage of zero HOA dues, significantly reducing monthly carrying costs and providing the owner with greater autonomy over the property.
The listing features highly attractive Owner Will Carry (OWC) terms at 5% interest and offers unique versatility, including the potential to split the residence into two units or add a fourth bedroom.
The home is freshly painted and move-in ready, boasting a private resort-style pool and the security of a pre-completed inspection where all necessary repairs have already been addressed.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1981, the home may have aging infrastructure or systems that could require more ongoing maintenance compared to newer constructions in the Las Vegas market.
With only a one-car garage and one-car carport, parking may be a constraint for a three-bedroom household or if the property is converted for higher-density occupancy.
*** Townhouse with NO HOA and a resort style POOL*** 3 bed/ 2 bath /1 car garage and 1 car carport*** Clean and freshly painted. Centrally located to shopping, public transportation and mins from the Strip. This property has great potential for an owner or an investor (can be split into two units or den and convert to 4th bedroom). This is being sold as a lease /option OWC at 5% /30year/s10% down please call directly for details. Inspection done and all repairs were made.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,519 | - |
| Lot Size | 5,227 | - |
| Price | $388.8K | $324.2K |
| Price per sq ft | $256 | $237 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 276 |
Jun 24, 2026
$388,800
Initial Listing