
North Las Vegas, NV 89031
This Multigenerational Residential Asset is a High-Potential Investment Opportunity, listed at $499,999—positioned well below the $487,305 Fair Market Value by -2%. While the property requires updates due to its Fair Condition Rating, the unique configuration of four distinct living areas provides significant rental income potential or flexible space for extended families. With No HOA Fees and a Detached Casita, this property offers a rare, adaptable layout. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in North Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4511 Calico Cliff Court Subject | $499,999* List Price | 4 | 6 | 2,940 | $166 | - |
A 4850 Little Cayman Street Sold | $449,000 | 4 | 4 | 2,665 | $168 | 0.5 mi |
B 2422 Island Paradise Avenue Sold | $435,000 | 4 | 4 | 2,904 | $150 | 0.8 mi |
C 1920 Camino Carlos Rey Sold | $435,000 | 3 | 3 | 1,990 | $219 | 0.4 mi |
D 4611 Stearman Drive Pending | $550,000 List Price | 4 | 4 | 2,807 | $196 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property features original builder-grade oak cabinetry, laminate countertops, and dated bathroom fixtures. The interior shows significant cosmetic wear, including unfinished or stained concrete flooring throughout and visible damage to doors, indicating a need for comprehensive updates and minor repairs.
The property features four distinct living areas with separate entrances and kitchenettes, offering unparalleled flexibility for extended families, live-in care, or rental potential.
Located in a community with zero association fees, this home provides significant monthly savings and greater autonomy for the owner compared to typical Las Vegas subdivisions.
A fully detached, two-story 810-square-foot casita adds substantial value and privacy, functioning as a complete secondary residence with its own living space and laundry.
The assigned public schools carry lower performance ratings, which may impact the property's appeal to families prioritizing high-ranking educational zones.
The fragmented configuration with multiple exterior staircases and separate units may be less desirable for traditional buyers seeking a cohesive, single-structure family home.
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 | 3.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 2,940 | 1,858.367 |
| Lot Size | 6,970 | 5,663 |
| Price | $500.0K | $431.0K |
| Price per sq ft | $170 | $230 |
| Built year | 1994 | 2005 |
| HOA | $0 | $69 |
| Days on market | 7 | 61 |
Sep 2, 2026
$499,999
Initial Listing
Jun 28, 1994
$116,500
Public Record