
Las Vegas, NV 89108
This property represents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $569,858 Fair Market Value by 29%. This substantial valuation gap offers $170,858 in Instant Equity for buyers ready to execute a comprehensive value-add strategy. While the home currently holds a Condition Rating of 5 due to deferred maintenance and vintage infrastructure, the 0.26-acre lot and No HOA status provide significant upside for forced appreciation. This high-yield asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a major renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 Coran Lane Subject | $399,000* List Price | 3 | 3 | 1,700 | $335 | - |
A 1332 Pyramid Circle Sold | $325,000 | 3 | 2 | 1,532 | $212 | 0.8 mi |
B 1825 Stonehaven Drive Sold | $475,000 | 3 | 2 | 1,932 | $246 | 0.2 mi |
C 1200 Woodbridge Drive Sold | $449,995 | 3 | 2 | 1,675 | $269 | 0.8 mi |
D 1616 Yellow Rose Street Sold | $420,000 | 3 | 2 | 1,441 | $291 | 0.5 mi |
E 1616 Yellow Rose Street Sold | $420,000 | 3 | 2 | 1,441 | $291 | 0.5 mi |
F 1936 ST Lawrence Drive Active | $439,900 List Price | 3 | 2 | 1,521 | $289 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963, this property exhibits significant signs of deferred maintenance and requires substantial rehabilitation. While the listing mentions a new block wall, the visual evidence shows a backyard in a state of neglect, cluttered with debris and scrap materials. The exterior siding and fixtures appear original or severely dated, and the 'vintage infrastructure' noted in the property analysis suggests that major systems (electrical, plumbing, and HVAC) likely require replacement to meet modern safety and comfort standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1700.
The property sits on a generous 0.26-acre lot, providing significant outdoor space and privacy that is rare for this price point in the Las Vegas area.
With no association fees, homeowners benefit from lower monthly carrying costs and greater freedom from the restrictive regulations common in many local subdivisions.
Built in 1963, the home may require capital improvements to major systems or cosmetic updates to meet modern energy efficiency and aesthetic standards.
The multi-level design may limit appeal for buyers specifically seeking single-story living, which is a highly sought-after feature in the local retirement and accessibility markets.
Experience comfort and elegance in this spacious 1,700 sqft. 3-bedroom, 2.5-bathroom home, nestled on a 0.26-acre lot in Southeast Las Vegas. This charming two-story residence boasts a new block wall along the side yard, enhancing both privacy and curb appeal. Inside, you'll find a cozy two-way fireplace that creates a warm ambiance in both the living and family rooms, perfect for relaxing or entertaining. Don't miss the opportunity to make this inviting home yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 1,700 | 1,533 | 67% |
| Lot Size | 11,326 | 6,400 | 88% |
| Price | $399.0K | $352.9K | 71% |
| Price per sq ft | $235 | $232 | 52% |
| Built year | 1963 | 1984 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 882 | 1% |
Feb 15, 2026
$399,000
Initial Listing
Dec 13, 1996
$107,500
Public Record