4398 Greenhill Drive, Las Vegas, NV 89121, Las Vegas, 89121 - 3 bed, 2 bath
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Las Vegas, NV 89121
This Single-Story Value-Add Asset presents a High-Potential Investment Opportunity with a List Price of $320,000—positioned well below the $334,294 Fair Market Value by 4%. This valuation gap provides $14,294 in Instant Equity. While maintaining a Condition Rating of 4 with a newer HVAC system, the interior requires modernization to maximize ROI. The expansive 7,841 sqft lot and No HOA status offer significant utility near William E Ferron Elementary. This is a strategic acquisition 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 |
|---|---|---|---|---|---|---|
★ 4398 Greenhill Drive Subject | $320,000* List Price | 3 | 2 | 1,300 | $257 | - |
A 3919 BRIGHTHILL Avenue Sold | $350,000 | 3 | 2 | 1,300 | $269 | 0.1 mi |
B 3825 Syracuse Drive Sold | $365,000 | 3 | 2 | 1,180 | $309 | 0.2 mi |
C 4130 Royalhill Avenue Sold | $352,000 | 4 | 2 | 1,359 | $259 | 0.3 mi |
D 3905 Chinchilla Avenue Sold | $345,000 | 4 | 2 | 1,320 | $261 | 0.3 mi |
E 3919 Brighthill Avenue Sold | $350,000 | 3 | 2 | 1,300 | $269 | 0.1 mi |
F 4356 Powell Avenue Sold | $360,000 | 3 | 2 | 1,358 | $265 | 0.6 mi |
G 4429 RIMCREST Road Active | $389,999 List Price | 3 | 2 | 1,390 | $281 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is functional and shows signs of regular maintenance, such as the newer HVAC system and tiled flooring throughout. However, it remains largely outdated with popcorn ceilings, original-style brick fireplace, and basic fixtures, requiring cosmetic modernization and updates to the kitchen and bathrooms to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1300.
The absence of a Homeowners Association offers buyers greater freedom and eliminates monthly fees, making it highly attractive for budget-conscious owners and investors.
The property features a recently updated AC system, providing essential peace of mind and immediate cost savings in the desert climate.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Marketed as a 'diamond in the rough,' the home likely requires substantial cosmetic or functional renovations to modernize its 1971 original condition.
The local middle and high schools carry low performance ratings, which could impact long-term resale value and appeal to families with school-aged children.
Discover the potential in this 3-bedroom, single-story gem with no HOA and endless possibilities! Featuring a spacious floor plan with great bones, this home is ready for your personal touch. Enjoy peace of mind with a newer AC system and plenty of room to create your dream outdoor space in the large backyard—perfect for entertaining, gardening, or even adding a pool. Conveniently located near shopping, dining, and major routes, this diamond in the rough offers incredible value and opportunity for homeowners or investors alike. Don’t miss your chance to make it shine!
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,777.5 | 10% |
| Lot Size | 7,841 | 7,405 | 55% |
| Price | $320.0K | $380.0K | 38% |
| Price per sq ft | $246 | $208 | 74% |
| Built year | 1971 | 1972 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 535 | 0% |
Apr 8, 2026
$320,000
Initial Listing
Sep 16, 1992
$102,000
Public Record