4518 El Canela Way, Las Vegas, NV 89121, Las Vegas, 89121 - 3 bed, 2 bath
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Las Vegas, NV 89121
This Renovated Single-Story Residence is a Strong Value Opportunity, listed at $479,900—positioned well below the $529,782 Fair Market Value by 9%. This valuation gap delivers $49,882 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern two-tone kitchen, remodeled bathrooms, and a newly replastered pool and spa. With RV parking, a versatile garage conversion, and proximity to the highly-rated William E. Ferron Elementary, it offers rare utility. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4518 El Canela Way Subject | $479,900* List Price | 3 | 2 | 2,110 | $251 | - |
A 4851 La Fonda Drive Sold | $405,000 | 3 | 2 | 1,800 | $225 | 0.4 mi |
B 4076 Brighthill Avenue Sold | $425,000 | 4 | 2 | 1,696 | $251 | 0.6 mi |
C 4776 Plata Del Sol Drive Sold | $449,900 List Price | 4 | 3 | 2,238 | 0.3 mi | |
D 4161 Oxnard Circle Sold | $445,000 | 4 | 2 | 1,810 | $246 | 0.5 mi |
E 4186 Toronto Circle Sold | $473,000 | 3 | 2 | 1,778 | $266 | 0.5 mi |
F 4806 Marnell Drive Sold | $435,000 | 5 | 3 | 1,912 | $228 | 0.4 mi |
G 4341 Seville Street Pending | $525,000 List Price | 4 | 3 | 2,155 | $244 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that meets current quality standards. Key updates include a modern two-tone kitchen with new cabinets and countertops, fully remodeled bathrooms with custom tile work, new flooring throughout, and fresh interior and exterior paint. Additionally, the outdoor space features a newly replastered pool and spa, making the home entirely move-in ready with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2110.
The property features extensive interior and exterior updates, including new flooring, fresh paint, and fully remodeled kitchens and bathrooms with custom tile work, ensuring a move-in-ready experience.
The backyard boasts a newly replastered pool and spa, while the oversized driveway provides rare RV parking capabilities with the added benefit of no HOA restrictions.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2110, other record living area = 1620.
The conversion of the garage into living space leaves the home without covered parking, which can be a drawback for buyers seeking to protect vehicles from the intense Nevada sun.
Despite the modern cosmetic upgrades, the 1973 construction date suggests that underlying major systems like plumbing or electrical may be nearing the end of their typical lifespan.
Welcome to this beautifully updated single-story home featuring a converted garage with two additional rooms, offering great flexibility for your needs. The home has been freshly painted inside and out and features new flooring throughout, along with new cabinets and countertops that give the space a clean, modern feel. The two-tone kitchen is finished with all new fixtures, and both bathrooms have been fully remodeled with custom tile work. Step outside to a spacious backyard with fresh growing grass, a newly replastered pool and spa, and a storage shed for added convenience. The oversized driveway provides plenty of parking, including space for RV parking. This move-in-ready home offers space, upgrades, and versatility all in one.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,110 | 1,781 | 69% |
| Lot Size | 8,712 | 7,405 | 72% |
| Price | $479.9K | $382.5K | 82% |
| Price per sq ft | $227 | $208 | 59% |
| Built year | 1973 | 1972 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 494 | 0% |
Mar 5, 2026
$479,900
Initial Listing