4075 Pepe Circle, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 3 bath
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Las Vegas, NV 89121
This Spacious Single-Story Value-Add is a Prime Investment Opportunity with a List Price of $415,000—positioned well below the $436,719 Fair Market Value by 4%. This valuation gap provides $21,719 in Instant Equity. While the Condition Rating of 4 necessitates cosmetic updates to the kitchen and flooring, the 2,224 square foot layout, 3-car driveway, and covered rear patio offer significant forced appreciation potential. Proximity to Laura Dearing Elementary and Jerome Mack Middle ensures consistent rental demand. This asset is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4075 Pepe Circle Subject | $390,000* List Price | 4 | 3 | 2,224 | $175 | - |
A 4139 El Segundo Avenue Sold | $365,000 | 3 | 2 | 1,845 | $198 | 0.2 mi |
B 3960 Vegas Valley Drive Sold | $355,000 | 3 | 2 | 1,820 | $195 | 0.3 mi |
C 3256 Brentwood Street Sold | $370,000 | 3 | 2 | 1,790 | $207 | 0.8 mi |
D 3569 Ruth Drive Sold | $400,000 | 3 | 3 | 1,892 | $211 | 0.9 mi |
E 3502 Anthony Drive Sold | $315,000 List Price | 4 | 2 | 1,972 | 0.8 mi | |
F 4060 Balboa Avenue Pending | $389,998 List Price | 6 | 3 | 2,082 | $187 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is functional but significantly dated. The kitchen features older cabinetry, a dated fluorescent light box, and butcher block surfaces that likely exceed 30 years in age. While the main living area has newer laminate flooring, the bedrooms show heavily worn and stained carpeting. The home requires comprehensive cosmetic updates and likely system evaluations due to the age of the structure and lack of recent major renovations.
With 2,224 square feet of living space, this single-story home offers a generous four-bedroom floor plan including a dedicated office nook and an oversized kitchen island, perfect for modern family needs.
The property is located in a community with no association fees, providing significant monthly savings and greater flexibility for homeowners compared to many other Las Vegas neighborhoods.
The rare three-car driveway and large 7,405-square-foot lot with a covered patio offer exceptional utility and unlimited potential for creating a custom outdoor oasis.
Built in 1963, the home may require updates to its original systems or cosmetic renovations to align with contemporary energy efficiency and design standards.
The assigned public schools currently hold ratings between 3 and 4, which may be a drawback for families prioritizing high-performing educational districts.
This wonderful home offers single-story living on a quiet cul-de-sac with a rare 3-car driveway! This well-designed home welcomes you with a spacious family room and a convenient office nook—perfect for work or study. The open layout flows into a large kitchen featuring an oversized island and adjoining dining area, ideal for everyday living and entertaining. Pepe Circle offers 2244 sq ft with 4 bedrooms, including a primary suite with large windows that fill the space with natural light, plus 3 additional bedrooms for family or guests. Step outside to a covered rear patio and an expansive backyard with unlimited potential to create your dream outdoor space. Plenty of room inside and out—don’t miss this opportunity!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,224 | - |
| Lot Size | 7,405 | - |
| Price | $390.0K | $474.8K |
| Price per sq ft | $175 | $257 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 78 | 526 |
Jul 17, 2026
$390,000
$400,000
-2% Price Drop
Initial Listing
Jul 3, 2026
$400,000
$415,000
-4% Price Drop
Initial Listing
May 5, 2026
$415,000
Initial Listing