4528 Velvet Crest Lane, Las Vegas, NV 89139, Las Vegas, 89139 - 3 bed, 3 bath
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Las Vegas, NV 89139
This Spacious Gated Estate is a Prime Investment Opportunity, listed at $1,000,000—positioned well below the $1,027,521 Fair Market Value by 2%. This valuation gap provides $27,521 in Instant Equity for buyers. Maintaining a Good Condition Rating, the property offers a private courtyard, above-ground hot tub, and a rare 0.44-acre lot with significant potential for a custom pool or RV parking. Located in an exclusive 20-home community, this residence is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4528 Velvet Crest Lane Subject | $1,000,000* List Price | 3 | 3 | 3,476 | $296 | - |
A 3480 W Mesa Verde Lane Sold | $949,000 | 3 | 3 | 2,856 | $332 | 0.9 mi |
B 3480 W Mesa Verde Lane Sold | $949,000 | 3 | 3 | 2,856 | $332 | 0.9 mi |
C 3335 W Mardon Avenue Sold | $823,777 List Price | 5 | 3 | 3,100 | 1.0 mi | |
D 4795 W Maulding Avenue Sold | $750,000 List Price | 5 | 3 | 2,522 | 0.2 mi | |
E 7683 Rafter Court Active | $1,295,000 List Price | 4 | 4 | 4,732 | $274 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old and appears exceptionally well-maintained. The interior features updated wood-look flooring, fresh neutral paint, and modern recessed lighting. While the systems and kitchen are likely original to the mid-2000s build, the home is move-in ready and functional, meeting the 10-20 year 'Good' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19166, living area = 3476.
The oversized 0.44-acre lot is a rare find in Southwest Las Vegas, providing significant usable land for a custom pool, RV parking, or further outdoor expansion.
Located within an intimate 20-home gated community, the property offers a high level of security and privacy, complemented by a secluded courtyard entry.
Despite the large square footage, the home only offers three bedrooms, which may not meet the requirements of larger families or buyers seeking more guest rooms.
Built in 2006, the property may require cosmetic updates or modern renovations to compete with newer luxury inventory at the $1,000,000 price point.
Located within a private 20 home gated community in Southwest Las Vegas, this nearly half acre property offers a rare combination of space, privacy, and flexibility. The oversized ~0.44 acre lot features real grass, a private courtyard entry, and an above ground hot tub included with the property. There is also ample room to add RV parking, build a custom pool, or further expand the outdoor living space. With 3,476 square feet, the home offers a well-proportioned layout with generous living areas, a spacious kitchen, and a private primary suite with scratch-free luxury vinyl flooring throughout. Natural light carries throughout, creating a comfortable and functional living environment. Appliances are included. For buyers searching for a gated home with a large lot in Southwest Las Vegas, properties like this are limited, especially with this level of usable land and long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,476 | 2,036 | 85% |
| Lot Size | 19,166 | 3,920 | 90% |
| Price | $1.00M | $355.0K | 96% |
| Price per sq ft | $288 | $201 | 89% |
| Built year | 2006 | 2005 | 67% |
| HOA | $115 | $40 | 92% |
| Days on market | 79 | 1281 | 0% |
Mar 27, 2026
$1,000,000
Initial Listing