
Las Vegas, NV 89124
This property presents a High-Potential Investment Opportunity with a List Price of $345,000—positioned well below the $310,647 Fair Market Value by -11%. While the home carries a Condition Rating of 6, indicating significant renovation needs, the expansive 9,148-square-foot lot and prime mountain location offer substantial upside for forced appreciation. The absence of HOA fees enhances long-term utility for this asset. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive structural and cosmetic overhaul.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4145 Tyrol Way Subject | $345,000* List Price | 1 | 1 | 600 | $518 | - |
A 3968 Mont Blanc Way Active | $360,000 List Price | 2 | 1 | 693 | $519 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is 60 years old (built 1964) with no evidence of renovation, meeting the >50y criteria. Images show significant neglect including a hole in the ceiling and a dilapidated, potentially unsafe deck, suggesting the structure is at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 600.
Situated in the highly desirable Mount Charleston area, this property offers a serene alpine retreat with cooler temperatures and scenic beauty, providing a rare escape from the Las Vegas desert heat.
The generous 9,148-square-foot lot offers significant privacy and ample space for outdoor living, gardening, or potential future expansion of the existing structure.
With only 600 square feet of living space and a 1-bedroom layout, the property's utility is limited for larger households or those requiring more functional indoor area.
Built in 1964 and noted for its 'potential for improvements,' the home likely requires a substantial financial investment to modernize the systems and finishes to current standards.
Wonderful home located in Mount Charleston with tremendous potential for improvements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 30% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 600 | 1,124 | 20% |
| Lot Size | 9,148 | 23,087 | 40% |
| Price | $345.0K | $0 | 70% |
| Price per sq ft | $575 | $0 | 90% |
| Built year | 1964 | 1987 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 2688 | 10% |
May 21, 2026
$345,000
Initial Listing
Oct 27, 2010
$11,663
Public Record