4470 Cranbrook Way, Las Vegas, NV 89103, Las Vegas, 89103 - 4 bed, 3 bath
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Las Vegas, NV 89103
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $440,000—positioned above the $421,446 Fair Market Value. While the property requires modernization, its Fair Condition Rating and original-owner status provide a stable foundation for value-add renovations. Featuring a spacious layout with two covered patios and no HOA fees, the home offers significant flexibility for customization. Located near major transit and Chinatown, this asset is well-suited for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4470 Cranbrook Way Subject | $440,000* List Price | 4 | 3 | 2,139 | $197 | - |
A 4028 Zapotec Way Sold | $495,000 | 4 | 3 | 1,980 | $250 | 0.6 mi |
B 6735 Greengrove Drive Sold | $370,000 | 4 | 3 | 2,116 | $175 | 0.3 mi |
C 6735 GREENGROVE Drive Sold | $370,000 | 4 | 3 | 2,116 | $175 | 0.3 mi |
D 6706 Paljay Court Sold | $434,000 | 4 | 3 | 1,857 | $234 | 0.3 mi |
E 6751 Bonillo Drive Sold | $320,000 | 3 | 2 | 1,503 | $213 | 0.7 mi |
F 6547 Ellerhurst Drive Pending | $424,900 List Price | 4 | 3 | 2,161 | $197 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 47 years old (built 1977) and appears to be in mostly original condition. While well-maintained by the original owner, the kitchen and bathrooms feature heavily dated cabinetry, laminate countertops, and 1970s-style lighting. The presence of popcorn ceilings and original systems suggests a need for a full rehab to meet modern standards, fitting the >30-year age bracket for this score.
Situated in the desirable Spring Valley area, the property offers exceptional proximity to Chinatown, the Las Vegas Strip, and major freeway access, providing high convenience for commuting and entertainment.
The lack of a homeowners association is a significant financial advantage, offering homeowners monthly savings and greater freedom regarding property use and modifications compared to neighboring communities.
As an original-owner property, the home reflects a level of long-term care and maintenance consistency that is rare for a 1970s build, offering a solid foundation for the next buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1977, the property likely features older mechanical systems and insulation standards that may require modernization to improve energy efficiency and meet contemporary building expectations.
The assigned middle and high schools carry average to lower ratings (5/10 and 4/10), which may be a deterrent for families prioritizing top-tier public education and could impact future resale velocity.
Welcome to this charming Spring Valley home that blends timeless 1970s character with modern comfort in a fantastic location. This property is owned by the original owner! The open, airy floor plan features generous rooms, stylish wood accents & plenty of natural light. The first floor offers tile & wood flooring, while the upper level adds vinyl plank & carpeting in the bedrooms. The kitchen is well-equipped with abundant cabinets & generous counter space for everyday cooking & entertaining. The primary suite is a true retreat with dual closets & dual vanities. Many windows have shutters for privacy & style. A spacious laundry room with extra cabinets & a folding counter adds everyday convenience. Step outside to two expansive covered patios & a large backyard, perfect for outdoor living and gatherings. Near great schools, parks, shopping, restaurants, Chinatown, freeway access & the Strip!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,139 | - |
| Lot Size | 7,405 | - |
| Price | $440.0K | $474.8K |
| Price per sq ft | $206 | $257 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 526 |
Jul 16, 2026
$440,000
Initial Listing