4559 South Nellis Boulevard, Las Vegas, NV 89121, Las Vegas, 89121 - 3 bed, 2 bath
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4559 South Nellis Boulevard
Las Vegas, NV 89121
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,497Sq Ft
6,098Lot Size
Property Price
LIST PRICE$320,000
EST. MARKET VALUE
$340,280
5% BelowMARKET VALUE
SUMMARY
This Single-Family Residence is a Strong Value Opportunity, listed at $320,000—positioned well below the $340,281 Fair Market Value by 5%. This valuation gap offers $20,281 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes Solar Panels, a Granite Kitchen, and a Private Patio. With no HOA and a flexible den for 4-bedroom potential, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, cost-efficient home.
Estimated Market Value
$340,280+$20,280 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4559 South Nellis Boulevard Subject 3 bd · 2 ba · 1,497 sqft · $227 | $320,000* List Price | 3 | 2 | 1,497 | $227 | - |
A 4999 Meredith Avenue Sold 3 bd · 2 ba · 1,591 sqft · $242 · 0.2 mi | $385,000 | 3 | 2 | 1,591 | $242 | 0.2 mi |
B 4891 Plata Del Sol Drive Sold 3 bd · 2 ba · 1,687 sqft · $234 · 0.3 mi | $395,000 | 3 | 2 | 1,687 | $234 | 0.3 mi |
C 4442 El Cebra Way Sold 4 bd · 2 ba · 1,784 sqft · $219 · 0.7 mi | $390,000 | 4 | 2 | 1,784 | $219 | 0.7 mi |
D 4269 El Cebra Way Sold 4 bd · 2 ba · 1,519 sqft · $263 · 0.9 mi | $400,000 | 4 | 2 | 1,519 | $263 | 0.9 mi |
E 4492 E Rochelle Avenue Sold 3 bd · 2 ba · 1,774 sqft · $225 · 0.7 mi | $400,000 | 3 | 2 | 1,774 | $225 | 0.7 mi |
F 4567 South Nellis Boulevard Active 4 bd · 2 ba · 1,515 sqft · $244 · 0.0 mi | $370,000 List Price | 4 | 2 | 1,515 | $244 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1962, the property is well-maintained and move-in ready with significant updates including granite countertops in the kitchen, a renovated primary bathroom, and tile flooring throughout. The addition of solar panels and updated windows suggests the systems are functional and the home has been modernized within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features solar panels with no monthly contract or separate payment, providing significant utility cost savings for the homeowner.
- No HOA Restrictions
The absence of a Homeowners Association eliminates monthly fees and offers owners greater freedom regarding property use and customization.
- Versatile Living Space
The inclusion of a den with double doors provides a flexible 4-bedroom potential, making it ideal for a home office or an expanding family.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Property Age
Built in 1962, the home may require more frequent maintenance or updates to its aging infrastructure and major systems compared to newer constructions.
- School District Ratings
The property is zoned for schools with lower performance ratings, which may be a concern for families and could impact long-term resale value.
About 4559 South Nellis Boulevard
SINGLE-STORY HOME | NO HOA | SOLAR PANELS | 4-BEDROOM POTENTIAL! Single-story home featuring solar panels with no separate monthly solar payment/contract. Living room with brick wood-burning fireplace. Den with double doors can be used as an office or 4th bedroom. Kitchen with granite countertops and tile flooring throughout the main living areas. Large primary bedroom separated from the secondary bedrooms with renovated bathroom. Large private backyard with covered patio. Separate laundry and storage rooms. Convenient location near shopping, dining, entertainment, and freeway access. Schedule your tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
J M Ullom Elementary School
Grades PK-5 • 0.2 mi
3/10
William E Ferron Elementary School
Grades PK-5 • 0.6 mi
5/10
Francis H Cortney Junior High School
Grades 6-8 • 1.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,497 | 1,959.772 |
| Lot Size | 6,098 | 5,961.915 |
| Price | $320.0K | $484.5K |
| Price per sq ft | $214 | $259 |
| Built year | 1962 | 2001 |
| HOA | $0 | $82 |
| Days on market | 51 | 62 |
Pricing History
Listed for Sale
Sep 3, 2026
$320,000
Initial Listing
Sold
Jul 26, 1995
$83,000
Public Record