4589 Cabo Lane, Las Vegas, NV 89121, Las Vegas, 89121 - 3 bed, 2 bath
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4589 Cabo Lane
Las Vegas, NV 89121
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,755Sq Ft
6,970Lot Size
Property Price
LIST PRICE$370,000
EST. MARKET VALUE
$376,444
SUMMARY
This Single-Family Residence represents a Strong Value Opportunity, listed at $370,000—positioned well below the $376,444 Fair Market Value by 1.7%. This valuation gap offers $6,444 in Instant Equity. Featuring a 3-Car Garage, No HOA, and modern infrastructure like an EV charger and newer HVAC, the home maintains a Condition Rating of 4. While cosmetic updates are recommended, the property offers significant utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, value-add home in Las Vegas.
Estimated Market Value
$376,444
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 |
|---|---|---|---|---|---|---|
★ 4589 Cabo Lane Subject | $370,000* List Price | 3 | 2 | 1,755 | $214 | - |
A 2457 Swan Lane Sold | $410,000 | 3 | 2 | 1,668 | $246 | 0.5 mi |
B 4775 Woodridge Road Sold | $360,000 | 3 | 2 | 1,426 | $252 | 0.5 mi |
C 3164 Elmrock Place Active | $430,000 List Price | 3 | 2 | 1,660 | $259 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1976, the property is nearly 50 years old. While it features a newer HVAC system, Nest thermostat, and EV charger, the lack of mentioned kitchen or bathroom renovations suggests these areas are dated (>20 years). The home appears well-maintained and functional but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Rare 3-Car Garage
The property features an attached 3-car garage, providing exceptional storage and parking capacity that is highly uncommon for a single-story home of this square footage.
- No HOA Restrictions
The absence of a Homeowners Association offers significant monthly savings and greater freedom for the owner to utilize and personalize the property without restrictive covenants.
- Modern Infrastructure Upgrades
Equipped with a newer HVAC system, Nest thermostat, and an outdoor EV charger, the home offers modern energy efficiency and convenience rarely found in 1970s builds.
CONSRISKS & DEFICIENCIES
- Low-Rated Secondary Schools
The assigned middle and high schools currently hold low performance ratings, which may limit the property's appeal to families prioritizing educational district quality.
- Dated Construction Era
Built in 1976, the home may require additional capital investment for cosmetic modernization or potential plumbing and electrical updates typical of properties from this period.
About 4589 Cabo Lane
1 Story Home with 3-Car Garage & No HOA! Approximately 1,775 square feet with 3 bedrooms, 2 baths, attached 3-car garage, and no HOA dues. The living room showcases a vaulted ceiling, fireplace, ceiling fan, and tile flooring. Dining area, plus a separate family room with vaulted ceiling and tile flooring. Oversized owner's suite featuring a double-door entry, huge walk-in closet, and bath with shower. Two generously sized secondary bedrooms and a full guest bath with a tub/shower combination. Additional highlights include: laundry room, alarm system and front security door, outdoor EV charger, newer HVAC system with Nest thermostat, and water softener loop. Fully fenced backyard with covered patio and low-maintenance landscaping with decorative rock, shrubs, and an automatic irrigation system on a timer. Conveniently located close to Paradise McLeod Park, you'll enjoy easy access to baseball fields, basketball courts, a fitness course, playground, seasonal pool, picnic areas, trails, and beautiful mature shade trees!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 6,970 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
Lewis E Rowe Elementary School
Grades PK-5 • 0.8 mi
7/10
C W Woodbury Middle School
Grades 6-8 • 1.2 mi
2/10
Del Sol High School
Grades 9-12 • 1.8 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 | 1,755 | 1,961.945 |
| Lot Size | 6,970 | 6,098 |
| Price | $370.0K | $486.0K |
| Price per sq ft | $211 | $259 |
| Built year | 1976 | 2002 |
| HOA | $0 | $83 |
| Days on market | 29 | 62 |
Pricing History
Listed for Sale
Aug 11, 2026
$370,000
Initial Listing