
North Las Vegas, NV 89031
This Multigenerational Residential Asset is a High-Potential Investment Opportunity, listed at $550,000—positioned above the $529,196 Fair Market Value by 3%. While priced slightly above market, the property offers unique Multigenerational Versatility with four distinct living areas, including a detached casita and studio, providing significant rental income potential. With a Condition Rating of 4, the home requires cosmetic updates to modernize its 1994-era finishes. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating property with $0 HOA fees.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4511 Calico Cliff Court Subject | $550,000* List Price | 4 | 6 | 2,940 | $180 | - |
A 4618 Zia Ridge Street Sold | $395,000 | 4 | 2 | 1,775 | $223 | 0.6 mi |
B 2120 MEADOW GREEN Avenue Sold | $427,500 | 3 | 2 | 1,823 | $235 | 0.3 mi |
C 4618 Zia Ridge Street Sold | $395,000 | 4 | 2 | 1,775 | $223 | 0.6 mi |
D 2120 MEADOW GREEN Avenue Sold | $427,500 | 3 | 2 | 1,822 | $235 | 0.3 mi |
E 4850 Little Cayman Street Pending | $449,900 List Price | 4 | 4 | 2,665 | $169 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1994 (30 years old) and appears to retain its original features. The kitchen is dated with 90s-era oak cabinetry and white appliances, while the interior shows unfinished concrete flooring and older carpets. While functional and move-in ready for some, it requires significant cosmetic updates and likely system servicing (HVAC/Electric) given the 30-year age threshold.
The property features four distinct living areas, including a detached two-story casita and an attached studio, offering unparalleled flexibility for extended families, guests, or home-based businesses.
With an association fee of $0, homeowners enjoy significant monthly savings and greater autonomy over their property compared to most master-planned communities in the Las Vegas area.
Each of the four living spaces is equipped with its own laundry facilities and kitchenettes, providing complete independence and privacy for all occupants within a single-family residential setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2940, other record living area = 2130.
Built in 1994, the residence is over 30 years old and may require updates to major mechanical systems or cosmetic renovations to meet modern aesthetic standards.
The assigned public schools for this location have relatively low performance ratings, which could be a deterrent for families prioritizing education or impact future resale value.
ONE SINGLE-FAMILY PROPERTY. TWO STRUCTURES. MULTIPLE PRIVATE LIVING AREAS. Offering over 2,900 square feet of combined living space, this distinctive North Las Vegas property is designed for buyers who need more than a conventional floor plan. The 2,130-square-foot main residence includes a primary suite, a full kitchen, living and dining areas, an attached two-car garage, and two separately accessed guest spaces. The 503-square-foot attached studio features a private foyer, spacious great room, kitchenette, full bath, and walk-in closet—ideal for extended-stay guests, a home office, hobbies, or caregiving. Above the main home, an approximately 285-square-foot private guest wing is reached by its own exterior staircase and offers a bedroom, bath, and kitchenette. A fully detached, two-story casita adds approximately 810 square feet, with a kitchenette, living/family room, and half bath downstairs, plus a bedroom, den, and full bath upstairs. For added convenience and independence, the main living area, studio, and casita each have their own washer and dryer. Four distinct living areas with separate entrances create space for multigenerational living, guests, work, or quiet retreats — providing separation when wanted and connection when needed. Set on a 6,970-square-foot lot near Craig Ranch Regional Park, shopping, dining, healthcare, fitness, banking, and freeway access. A rare opportunity with adaptable living space designed to evolve with its owner.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades PK-5 • 1.5 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 2,940 | - |
| Lot Size | 6,970 | - |
| Price | $550.0K | $411.4K |
| Price per sq ft | $187 | $218 |
| Built year | 1994 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 2652 |
Jul 17, 2026
$550,000
Initial Listing
Jun 28, 1994
$116,500
Public Record