4407 Shortleaf, Las Vegas, NV 89119, Las Vegas, 89119 - 3 bed, 4 bath
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Las Vegas, NV 89119
This Value-Add Townhouse is a High-Potential Investment Opportunity, listed at $320,000—positioned well below the $365,368 Fair Market Value by 12%. This valuation gap provides $45,368 in Instant Equity for the incoming buyer. While the property maintains a Fair Condition Rating due to original bathroom finishes, it features a modernized kitchen with stainless steel appliances and an exceptional 10,017 sq. ft. lot. Located just 0.11 miles from a 7/10 rated elementary school, this asset is a strategic choice for Buy-and-Hold Investors or Owner-Occupants looking to build wealth through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4407 Shortleaf Subject | $299,000* List Price | 3 | 4 | 1,834 | $174 | - |
A 4429 Shortleaf Street Active | $250,000 List Price | 2 | 3 | 1,299 | $192 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old), the property falls into the Fair category. Although the description mentions an updated kitchen, the bathroom images reveal original oak cabinetry, dated 'Hollywood' lighting, and older tile work consistent with its 24-year age, suggesting the home needs further cosmetic updates.
The property features an updated kitchen with modern cabinetry and stainless steel appliances, complemented by an inviting open-concept living area that maximizes natural light.
Boasting a lot size of over 10,000 square feet, this townhouse offers significantly more outdoor space and privacy than typical properties in its category.
The home is located just 0.11 miles from a highly-rated elementary school (7/10), providing exceptional convenience and value for families with young children.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10017, other record lot size in square feet = 2809.
The assigned middle and high schools carry low ratings of 3/10 and 2/10 respectively, which may impact long-term resale appeal for families with older children.
A recent $20,000 price reduction suggests the property faced initial challenges in attracting buyers at its original list price, reflecting potential sensitivity to current market demand.
This home delivers exceptional value and everyday convenience! Step inside to an inviting open-concept living area with abundant natural light, warm neutral tones, and seamless flow. The updated kitchen features modern cabinetry, spacious counters and stainless-steel appliances. Generously sized bedrooms provide flexibility for guests, a home office, or multi-generational living. The primary suite includes ample closet space and an en-suite bath for added privacy. Located minutes from shopping, dining, schools, parks, and major Las Vegas corridors.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 1,834 | 1,422.5 | 90% |
| Lot Size | 10,017 | 1,742 | 90% |
| Price | $299.0K | $246.9K | 70% |
| Price per sq ft | $163 | $171 | 40% |
| Built year | 2000 | 1984 | 90% |
| HOA | $270 | $250 | 60% |
| Days on market | 77 | 258 | 10% |
May 12, 2026
$299,000
$320,000
-7% Price Drop
Initial Listing
Apr 3, 2026
$320,000
$340,000
-6% Price Drop
Initial Listing
Mar 21, 2026
$340,000
Initial Listing