4122 Parkwood Circle, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 2 bath
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4122 Parkwood Circle
Las Vegas, NV 89121
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,778Sq Ft
12,197Lot Size
Property Price
LIST PRICE$399,990
EST. MARKET VALUE
$421,958
5% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Story Residence is a Strong Value Opportunity, listed at $399,990—positioned well below the $421,958 Fair Market Value by 5%. This valuation gap offers $21,968 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a 2023 roof, HVAC, and 2024 plumbing, this home offers a 12,197 sq. ft. lot with No HOA. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with significant outdoor space.
Estimated Market Value
$421,958+$21,968 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4122 Parkwood Circle Subject 4 bd · 2 ba · 1,778 sqft · $237 | $399,990* List Price | 4 | 2 | 1,778 | $237 | - |
A 3318 Bancroft Circle Sold 4 bd · 2 ba · 1,742 sqft · $255 · 0.8 mi | $445,000 | 4 | 2 | 1,742 | $255 | 0.8 mi |
B 3470 El Camino Real Sold 3 bd · 2 ba · 1,687 sqft · $255 · 0.6 mi | $430,000 | 3 | 2 | 1,687 | $255 | 0.6 mi |
C 3056 Greenbriar Drive Sold 4 bd · 2 ba · 1,521 sqft · $266 · 0.8 mi | $405,000 | 4 | 2 | 1,521 | $266 | 0.8 mi |
D 4028 Cherokee Avenue Sold 4 bd · 3 ba · 2,310 sqft · $208 · 0.2 mi | $480,000 | 4 | 3 | 2,310 | $208 | 0.2 mi |
E 3667 Descanso Street Sold 4 bd · 2 ba · 1,900 sqft · $226 · 0.7 mi | $429,000 | 4 | 2 | 1,900 | $226 | 0.7 mi |
F 3463 Haverford Avenue Sold 5 bd · 2 ba · 2,008 sqft · $256 · 0.8 mi | $515,000 | 5 | 2 | 2,008 | $256 | 0.8 mi |
G 3811 Tumbleweed Avenue Active 3 bd · 2 ba · 1,628 sqft · $273 · 0.6 mi | $445,000 List Price | 3 | 2 | 1,628 | $273 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1963, the property underwent a comprehensive renovation within the last 1-2 years. Key updates include a new roof and HVAC (2023), updated plumbing and water lines (2024), fully remodeled bathrooms, and a refreshed kitchen with new appliances. The interior features new flooring and fresh paint throughout, meeting the criteria for a mint-condition home with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1778.
- Extensive Recent Upgrades
The property features significant capital improvements including a new roof and HVAC system installed in 2023, along with updated plumbing and water lines in 2024, ensuring long-term mechanical reliability.
- Large Lot with No HOA
Situated on an expansive 12,197 sq. ft. cul-de-sac lot with no homeowner association fees, the property offers rare freedom and ample space for RV parking, outdoor entertaining, and storage.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools for this location have relatively low performance ratings, ranging from 2 to 4 out of 10, which may impact appeal for families prioritizing education.
- Vintage Construction Era
Built in 1963, the home may still feature original architectural limitations or older structural elements common to its era that were not addressed by the recent cosmetic and mechanical updates.
About 4122 Parkwood Circle
Beautifully updated single story home located in a cul-de-sac with NO HOA situated on an expansive 12,197 sq. ft. lot! Offering 1,778 sq. ft. of living space, this home features 4 bedrooms and 2 fully remodeled bathrooms. The refreshed kitchen includes freshly painted cabinetry, a brand new range, and a brand new microwave. Fresh interior and exterior paint gives the home a clean, updated feel throughout. Major improvements include a roof and HVAC system replaced in 2023, plumbing updates completed in 2024, new water lines, and added insulation for year-round comfort and energy efficiency. Outside, enjoy a large paved driveway with plenty of room for multiple vehicles, plus gated side access with potential RV parking. The oversized backyard offers a covered patio perfect for entertaining, a storage shed, and low-maintenance desert landscaping in both the front and backyard. With a huge lot, NO HOA, extensive updates, and plenty of space inside and out, this home is ready for it's next owner!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
George E Harris Elementary School
Grades PK-5 • 0.4 mi
4/10
C W Woodbury Middle School
Grades 6-8 • 1.5 mi
2/10
Chaparral High School
Grades 9-12 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,778 | 1,959.772 |
| Lot Size | 12,197 | 5,961.915 |
| Price | $400.0K | $484.5K |
| Price per sq ft | $225 | $259 |
| Built year | 1963 | 2001 |
| HOA | $0 | $82 |
| Days on market | 11 | 62 |
Pricing History
Listed for Sale
Oct 13, 2026
$399,990
Initial Listing
Sold
Dec 15, 1995
$85,000
Public Record