407 Red Canvas Place, Las Vegas, NV 89144, Las Vegas, 89144 - 3 bed, 2 bath
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Las Vegas, NV 89144
This 3-bedroom townhouse represents a Strong Value Opportunity, listed at $375,000—positioned well above the $346,332 Fair Market Value by -8%. While the property requires modernization due to its Condition Rating of 4, it offers a functional open-concept layout and a private patio. Zoned for top-tier schools like John W. Bonner Elementary (9/10), this home provides long-term stability in a prime Summerlin-adjacent location. It is an ideal acquisition for Owner-Occupants seeking a school-district-focused lifestyle or first-time buyers ready to add value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 Red Canvas Place Subject | $375,000* List Price | 3 | 2 | 1,432 | $242 | - |
A 505 Crimson View Place Sold | $410,000 | 3 | 3 | 1,809 | $227 | 0.1 mi |
B 10321 Summer River Avenue Sold | $337,900 List Price | 2 | 2 | 1,474 | 1.0 mi | |
C 1709 Pacific Panorama Place Sold | $415,000 | 3 | 2 | 1,849 | $224 | 0.9 mi |
D 618 Painted Cloud Place Active | $435,000 List Price | 3 | 2 | 1,380 | $315 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property is over 25 years old and largely retains its original finishes. While the home is clean and move-in ready, the kitchen's oak cabinetry and the bathroom's tile/fixtures are dated (15-30 year style) and require modernization to meet current standards.
Elementary School: John W Bonner Elementary School (9/10).
The property is zoned for top-tier public schools, including John W. Bonner Elementary (9/10) and Sig Rogich Middle School (8/10), which significantly bolsters long-term property value and appeal to families.
The 1,432 sqft layout is optimized for modern living, featuring an open-concept floor plan that maximizes natural light and provides a seamless flow between the kitchen, dining, and living areas.
The $359 monthly HOA fee is a substantial recurring expense that may impact the debt-to-income ratio for some buyers and reduces the net cash flow for potential investors.
With a lot size of only 3,485 sqft and a townhouse designation, the property offers very limited private yard space, which may be a deterrent for buyers with pets or those seeking significant outdoor recreation areas.
Welcome to 407 Red Canvas Place, where modern comfort meets everyday convenience. This beautifully maintained home offers an open-concept floor plan filled with natural light, creating an inviting space for both entertaining and daily living. The spacious kitchen features generous counter space, abundant cabinetry, and a seamless flow into the dining and living areas. The thoughtfully designed layout includes well-appointed bedrooms, a comfortable primary suite with a private bath, and versatile living spaces to fit a variety of lifestyles. Step outside to a low-maintenance backyard, perfect for relaxing, entertaining, or enjoying the Las Vegas evenings. Conveniently located near shopping, dining, parks, schools, and easy freeway access, this home offers the ideal combination of comfort, style, and location. Whether you're looking for your next primary residence or an excellent investment opportunity, 407 Red Canvas Place is a home you won't want to miss.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,432 | - |
| Lot Size | 3,485 | - |
| Price | $375.0K | $324.2K |
| Price per sq ft | $262 | $237 |
| Built year | 1998 | 0 |
| HOA | $359 | $0 |
| Days on market | 23 | 276 |
Jun 29, 2026
$375,000
Initial Listing
Jul 31, 1997
$129,000
Public Record