4531 Alpine Place, Las Vegas, NV 89107, Las Vegas, 89107 - 4 bed, 3 bath
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Las Vegas, NV 89107
This Versatile Single-Story Residence is a Prime Investment Opportunity listed at $350,000—positioned well below the $366,652 Fair Market Value by 4%. This valuation gap provides $16,652 in Instant Equity. Featuring a 4-bedroom layout with a casita and a Condition Rating of 4, the property offers significant rental upside or multi-generational utility. With No HOA fees, a Covered Patio, and an Oversized Private Backyard, it balances central Las Vegas convenience with financial flexibility near Hyde Park Middle School. 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 |
|---|---|---|---|---|---|---|
★ 4531 Alpine Place Subject | $350,000* List Price | 4 | 3 | 1,476 | $248 | - |
A 4504 Nolan Lane Sold | $350,000 | 3 | 2 | 1,297 | $270 | 0.6 mi |
B 4421 Nolan Lane Sold | $360,000 | 3 | 2 | 1,581 | $228 | 0.6 mi |
C 4709 Alpine Place Sold | $290,000 | 3 | 2 | 1,516 | $191 | 0.1 mi |
D 4511 Alpine Place Active | $419,994 List Price | 4 | 2 | 1,808 | $232 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this property is a vintage home that shows its age through a dated exterior with visible stucco patching. While the listing mentions tile flooring throughout and the presence of solar panels, there is no evidence of a recent comprehensive renovation. The home appears to be maintained but requires cosmetic updates and likely system modernizations to meet current market standards, fitting the criteria for a functional but aged property.
The inclusion of a casita within this 4-bedroom layout offers exceptional flexibility for multi-generational living, a private home office, or potential rental income.
The absence of HOA fees and restrictions, combined with a prime location minutes from the Strip and Downtown, provides both financial freedom and unmatched convenience.
The property features an oversized private backyard with a covered patio on a nearly 7,000 sqft lot, offering significant room for entertainment and future improvements.
Built in 1960, the property may require updates to major systems or cosmetic modernizations to meet the expectations of contemporary buyers.
While the middle school is well-rated, the local high schools have lower ratings, which could be a drawback for families prioritizing top-tier secondary education.
Spacious one story 4 bed/3 bath with casita * No HOA * Centrally located * Just minutes from the Strip and Downtown * Ceiling fans/tile flooring throughout * Oversized private backyard with covered patio * Conveniently located close to everything and more!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,476 | 1,646.5 | 37% |
| Lot Size | 6,970 | 6,534 | 59% |
| Price | $350.0K | $357.4K | 49% |
| Price per sq ft | $237 | $224 | 58% |
| Built year | 1960 | 1963 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 287 | 2% |
Feb 15, 2026
$350,000
Initial Listing
Oct 20, 1997
$90,000
Public Record