4351 Chafer Drive, Las Vegas, NV 89121, Las Vegas, 89121 - 5 bed, 4 bath
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Las Vegas, NV 89121
This Renovated Multi-Generational Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $483,189 Fair Market Value by 1%. This valuation gap delivers $8,189 in Instant Equity. Boasting a Condition Rating of 2, the interior features a modern quartz kitchen, luxury vinyl flooring, and fresh paint. The property’s unique two private-entry studios provide significant income potential with No HOA fees and a private patio. Located near William E. Ferron Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4351 Chafer Drive Subject | $475,000* List Price | 5 | 4 | 2,300 | $210 | - |
A 4143 El Oro Street Sold | $495,000 | 5 | 3 | 2,153 | $230 | 0.7 mi |
B 3921 Avonwood Avenue Sold | $445,000 | 3 | 2 | 2,130 | $209 | 0.6 mi |
C 3673 Castille Street Sold | $485,000 | 3 | 3 | 2,246 | $216 | 0.9 mi |
D 3822 Don Carlos Drive Sold | $425,000 | 4 | 2 | 1,988 | $214 | 0.5 mi |
E 4329 Cartegena Way Sold | $455,000 | 4 | 3 | 2,373 | $192 | 0.8 mi |
F 3971 Lariat Court Sold | $458,000 | 4 | 3 | 1,877 | $244 | 0.3 mi |
G 4509 Margarete Avenue Active | $489,900 List Price | 5 | 2 | 2,104 | $233 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the property has undergone an extensive recent renovation within the last 5 years. The interior features brand-new luxury vinyl plank flooring, fresh paint, modern LED lighting, and a completely updated kitchen with quartz countertops. The bathrooms have been fully remodeled, and the addition of two private-entry studios further demonstrates the comprehensive nature of the upgrades, making it move-in ready with no deferred maintenance visible.
The property includes two private-entry studios, providing a unique opportunity for rental income, guest accommodations, or multigenerational living.
The home has been fully updated with a contemporary kitchen featuring quartz countertops, renovated bathrooms, and fresh interior and exterior paint, offering a move-in-ready experience.
With an association fee of zero, homeowners enjoy lower monthly carrying costs and greater freedom from restrictive community rules.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2300, other record living area = 1794. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The assigned middle and high schools have low academic ratings (2/10 and 3/10), which may be a significant drawback for families prioritizing education.
Built in 1972, the property's core infrastructure and mechanical systems are over 50 years old, which may necessitate higher long-term maintenance costs compared to newer homes.
Fully renovated home featuring 5 bedrooms and 4 bathrooms, designed for both comfort and versatility. Upgrades include a modern kitchen with quartz countertops, beautifully renovated bathrooms, and fresh interior and exterior paint. Property also offers two private-entry studios—ideal for rental income, guests, or multigenerational living. A rare opportunity with excellent income potential!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 93% |
| Square foot | 2,300 | 1,781 | 79% |
| Lot Size | 6,098 | 7,405 | 11% |
| Price | $475.0K | $382.5K | 82% |
| Price per sq ft | $207 | $208 | 48% |
| Built year | 1972 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 494 | 0% |
Apr 8, 2026
$475,000
Initial Listing