4401 Gracemont Avenue, Las Vegas, NV 89139, Las Vegas, 89139 - 4 bed, 3 bath
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4401 Gracemont Avenue
Las Vegas, NV 89139
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,220Sq Ft
6,534Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$435,766
SUMMARY
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $425,000—positioned well below the $435,767 Fair Market Value by 2%. This valuation gap offers $10,767 in Instant Equity. Featuring a 2,220 sq ft floor plan with a main-level bedroom and a brand-new AC unit, the property holds a Fair Condition Rating, providing a canvas for cosmetic updates. With low HOA fees and proximity to Tarkanian Middle School, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value.
Estimated Market Value
$435,766
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 |
|---|---|---|---|---|---|---|
★ 4401 Gracemont Avenue Subject | $425,000* List Price | 4 | 3 | 2,220 | $196 | - |
A 4505 Gracemont Avenue Sold | $459,000 | 4 | 3 | 2,220 | $207 | 0.1 mi |
B 8254 Pearl Diver Court Active | $460,000 List Price | 4 | 3 | 2,140 | $215 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, placing it in the 'Fair' category. While the brand-new AC unit is a significant system upgrade, the age and 'below market' pricing suggest the kitchen and bathrooms are likely original and dated, requiring cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Priced aggressively below market value at $425,000, this property offers significant equity potential and a competitive entry point into the desirable Southwest Las Vegas area.
- Versatile Layout
The 2,220 sq ft floor plan features a highly sought-after main-level bedroom and full bathroom, providing excellent flexibility for guests or multi-generational living.
- Low Carrying Costs
The property boasts an ultra-low HOA fee and a brand-new energy-efficient AC unit, significantly reducing monthly overhead and immediate maintenance concerns for the buyer.
CONSRISKS & DEFICIENCIES
- Inconsistent School Ratings
While the middle school is highly rated, the assigned high school has a lower rating of 4, which may be a deterrent for education-focused families.
- Marketing Presentation
The current lack of professional photography and immediate showing availability may hinder initial buyer engagement and momentum during the critical first week on market.
About 4401 Gracemont Avenue
WOW What a Great Value! Priced Below Market Value for a Quick Sale! Welcome to 4401 Gracemont Ave, Las Vegas, NV 89139—an incredible value in Southwest Las Vegas featuring 2,220 sq ft of living space, 4 bedrooms (including a main-level bedroom and full bath), and 3 full bathrooms on a generous 6,534 sq ft lot. Highlighted by a brand-new AC unit for energy-efficient comfort, gas heating, and an ultra-low HOA fee of just $9/month. With its flexible floor plan and aggressive pricing, this property won't last long. Stay tuned for professional photos and showing availability! Welcome Home
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $48 / Month
Neighborhood Insights
Las Vegas Unified Schools
Louis Wiener Jr Elementary School
Grades PK-5 • 2.6 mi
7/10
Aldeane Comito Ries Elementary School
Grades PK-5 • 2.7 mi
5/10
Lois & Jerry Tarkanian Middle School
Grades 6-8 • 3.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,220 | 1,961.945 |
| Lot Size | 6,534 | 6,098 |
| Price | $425.0K | $486.0K |
| Price per sq ft | $191 | $259 |
| Built year | 2002 | 2002 |
| HOA | $48 | $83 |
| Days on market | 14 | 62 |
Pricing History
Listed for Sale
Aug 26, 2026
$425,000
Initial Listing