4490 Margarete Avenue, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 2 bath
Loading property details...
4490 Margarete Avenue
Las Vegas, NV 89121
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,645Sq Ft
6,098Lot Size
Property Price
LIST PRICE$449,900
EST. MARKET VALUE
$429,565
4% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $449,900—positioned well below the $429,566 Fair Market Value by -4%. While the list price is slightly above market, the property offers significant lifestyle appeal with a private inground pool and spa, no HOA fees, and fully renovated bathrooms. With a Condition Rating of 3, the home is move-in ready despite some dated interior finishes. This property is an ideal acquisition for Owner-Occupants seeking a functional, low-maintenance lifestyle or first-time buyers prioritizing outdoor living.
Estimated Market Value
$429,565
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 |
|---|---|---|---|---|---|---|
★ 4490 Margarete Avenue Subject 4 bd · 2 ba · 1,645 sqft · $261 | $449,900* List Price | 4 | 2 | 1,645 | $261 | - |
A 3842 Cirrus Avenue Sold 4 bd · 2 ba · 1,476 sqft · $271 · 0.2 mi | $400,000 | 4 | 2 | 1,476 | $271 | 0.2 mi |
B 3946 Clear View Drive Sold 4 bd · 2 ba · 1,675 sqft · $238 · 0.1 mi | $399,000 | 4 | 2 | 1,675 | $238 | 0.1 mi |
C 4442 El Cebra Way Sold 4 bd · 2 ba · 1,784 sqft · $219 · 0.8 mi | $390,000 | 4 | 2 | 1,784 | $219 | 0.8 mi |
D 4696 East Twain Avenue Sold 4 bd · 2 ba · 1,648 sqft · $234 · 0.4 mi | $385,000 | 4 | 2 | 1,648 | $234 | 0.4 mi |
E 3997 Cherokee Avenue Sold 3 bd · 2 ba · 1,707 sqft · $223 · 0.7 mi | $380,000 | 3 | 2 | 1,707 | $223 | 0.7 mi |
F 4999 Meredith Avenue Sold 3 bd · 2 ba · 1,591 sqft · $242 · 0.9 mi | $385,000 | 3 | 2 | 1,591 | $242 | 0.9 mi |
G 4269 El Cebra Way Sold 4 bd · 2 ba · 1,519 sqft · $263 · 0.9 mi | $400,000 | 4 | 2 | 1,519 | $263 | 0.9 mi |
H 4523 Catherine Lane Sold 4 bd · 3 ba · 2,096 sqft · $224 · 0.1 mi | $470,000 | 4 | 3 | 2,096 | $224 | 0.1 mi |
I 4533 CHARLES RONALD Avenue Active 4 bd · 2 ba · 1,441 sqft · $285 · 0.2 mi | $410,000 List Price | 4 | 2 | 1,441 | $285 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite being built in 1973, the property is well-maintained, functional, and move-in ready. It features recently renovated modern bathrooms with updated tiling, a clean exterior with solar panels, and an updated backyard with a pool and artificial turf. Some areas, like the bedrooms, remain slightly dated with popcorn ceilings.
PROSSTRENGTHS & OPPORTUNITIES
- Private Pool & Spa
The property features a private inground pool and spa complemented by a covered patio, providing a high-value outdoor retreat perfect for the Las Vegas climate.
- No HOA Restrictions
Being free of Homeowners Association oversight allows for greater owner autonomy and eliminates monthly HOA fees, increasing the property's long-term affordability.
- Renovated Bathrooms
Both full bathrooms have been completely renovated, offering a modern aesthetic and reducing the immediate need for capital improvements by the new owner.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1973, the home may require more frequent maintenance or updates to original systems such as plumbing and electrical compared to newer builds.
- Underperforming Secondary Schools
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings, which could be a concern for families prioritizing education.
About 4490 Margarete Avenue
****NO HOA***INGROUND POOL AND SPA*** ONE STORY*** A one story single family residential home stands on Margarete Ave, offering a serene and inviting atmosphere in Las Vegas. The residence encompasses four bedrooms and two full bathrooms across 1645.0 square feet of living area, creating a warm environment for daily routines. Inside, the functional living spaces are equipped with blinds on the windows, and both bathrooms have been fully renovated and look very nice. Quiet relaxation is easily found throughout the practical interior spaces. Outdoor living features a pool and a covered patio, providing a tranquil setting for peaceful afternoons. The 0.14-acre lot also includes accessibility features and back yard access. ***OPEN HOUSE THIS COMING SATURDAY 11-24-2026 FROM 11:00AM - 3:00PM***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
William E Ferron Elementary School
Grades PK-5 • 0.4 mi
5/10
George E Harris Elementary School
Grades PK-5 • 0.9 mi
4/10
C W Woodbury Middle School
Grades 6-8 • 1.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,645 | 1,959.772 |
| Lot Size | 6,098 | 5,961.915 |
| Price | $449.9K | $484.5K |
| Price per sq ft | $273 | $259 |
| Built year | 1973 | 2001 |
| HOA | $0 | $82 |
| Days on market | 59 | 62 |
Pricing History
Listed for Sale
Sep 16, 2026
$449,900
Initial Listing