
Las Vegas, NV 89103
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well above the $450,980 Fair Market Value by -10%. While the property requires addressing unpermitted additions to ensure code compliance, the 0.17-acre lot and single-story layout provide a solid foundation for value-add renovations. Featuring a functional kitchen and private patio, this asset offers significant flexibility for those capable of navigating the current configuration. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with long-term rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4064 Spitze Drive Subject 4 bd · 2 ba · 1,902 sqft · $237 | $499,000* List Price | 4 | 2 | 1,902 | $237 | - |
A 3741 Westwind Road Sold 4 bd · 2 ba · 2,065 sqft · $218 · 0.4 mi | $450,000 | 4 | 2 | 2,065 | $218 | 0.4 mi |
B 5829 Thor Drive Sold 4 bd · 2 ba · 1,998 sqft · $238 · 0.5 mi | $475,000 | 4 | 2 | 1,998 | $238 | 0.5 mi |
C 4028 Zapotec Way Sold 4 bd · 3 ba · 1,980 sqft · $250 · 0.8 mi | $495,000 | 4 | 3 | 1,980 | $250 | 0.8 mi |
D 5195 Ganado Drive Sold 4 bd · 3 ba · 2,150 sqft · $249 · 0.2 mi | $535,000 | 4 | 3 | 2,150 | $249 | 0.2 mi |
E 5724 West Viking Road Sold 3 bd · 2 ba · 1,461 sqft · $274 · 0.3 mi | $400,000 | 3 | 2 | 1,461 | $274 | 0.3 mi |
F 5914 W Twain Avenue Sold 3 bd · 3 ba · 2,205 sqft · $218 · 0.6 mi | $479,900 | 3 | 3 | 2,205 | $218 | 0.6 mi |
G 5872 Buhl Court Sold 4 bd · 3 ba · 2,128 sqft · $248 · 0.5 mi | $527,000 | 4 | 3 | 2,128 | $248 | 0.5 mi |
H 3842 Higley Street Active 4 bd · 3 ba · 2,106 sqft · $242 · 0.3 mi | $510,000 List Price | 4 | 3 | 2,106 | $242 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 with renovations (granite countertops, white cabinetry, and tile flooring) that appear to be 15-20 years old. While the kitchen and baths are functional and move-in ready, the property features significant unpermitted additions (three rooms and a third bathroom) which present code compliance risks. The interior shows dated elements like popcorn ceilings and older fixtures that require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1902.
The property is situated in a highly convenient Las Vegas area near major roadways, shopping, dining, and schools, offering excellent accessibility for residents.
With an association fee of zero, this property offers significant monthly savings and greater freedom for the homeowner compared to many other Las Vegas communities.
Three additional rooms and a third bathroom were completed without permits, which may lead to code compliance issues and complicates the valuation process.
The discrepancy between public records and the current physical configuration can create significant challenges for traditional financing and appraisal requirements.
A classic single-story home offering approximately 1,900 square feet of living space in a convenient Las Vegas location near shopping, dining, schools, and major roadways. Public records reflect four bedrooms and two bathrooms; however, the property is currently configured with additional rooms and a third bathroom. Three of the additional rooms were completed without permits. With its flexible layout, this property presents a great investment opportunity. Buyer and buyer’s agent to independently verify room count, square footage, permits, zoning, code compliance, and intended use of all improvements. Inside, the functional kitchen is equipped with a microwave. The single-story layout ensures all living areas remain easily accessible, creating a cohesive flow throughout the interior spaces. Outdoor living is centered around a patio, perfect for relaxing afternoons or quiet mornings. The property occupies a 0.17-acre lot, measuring 7560.0 square feet, which offers outdoor space to enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,902 | 1,959.772 |
| Lot Size | 7,841 | 5,961.915 |
| Price | $499.0K | $484.5K |
| Price per sq ft | $262 | $259 |
| Built year | 1981 | 2001 |
| HOA | $0 | $82 |
| Days on market | 6 | 62 |
Oct 18, 2026
$499,000
Initial Listing
Oct 12, 1994
$133,000
Public Record