4612 Bannister Lane, Las Vegas, NV 89130, Las Vegas, 89130 - 3 bed, 2 bath
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4612 Bannister Lane
Las Vegas, NV 89130
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,446Sq Ft
6,534Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$389,627
3% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $375,000—positioned well below the $389,627 Fair Market Value by 3%. This valuation gap offers $14,627 in Instant Equity. With a Condition Rating of 4, the home features a versatile flex space and mountain views, though it requires cosmetic updates to modernize its 1987 interiors. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through strategic renovations.
Estimated Market Value
$389,627+$14,627 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 |
|---|---|---|---|---|---|---|
★ 4612 Bannister Lane Subject | $375,000* List Price | 3 | 2 | 1,446 | $269 | - |
A 5917 Red Saturn Drive Sold | $409,000 | 3 | 2 | 1,343 | $305 | 0.2 mi |
B 5908 Briar Rose Lane Sold | $335,000 List Price | 4 | 2 | 1,502 | 0.2 mi | |
C 5917 Blush Avenue Sold | $309,900 List Price | 3 | 2 | 1,502 | 0.2 mi | |
D 5917 Blush Avenue Sold | $400,000 List Price | 3 | 2 | 1,502 | 0.2 mi | |
E 5017 Aussie Court Sold | $395,000 | 3 | 3 | 1,630 | $242 | 1.0 mi |
F 5877 Cherry Falls Court Sold | $404,000 | 3 | 2 | 1,554 | $260 | 0.9 mi |
G 5313 Lambrook Drive Sold | $357,000 | 3 | 2 | 1,214 | $294 | 0.9 mi |
H 4520 Savin Circle Sold | $365,000 | 2 | 2 | 1,244 | $293 | 0.5 mi |
I 4605 Red Cider Lane Active | $439,900 List Price | 3 | 2 | 1,586 | $277 | 0.1 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 1987 (37 years old), the property is dated with original features including oak cabinetry, white tile countertops in the kitchen, and popcorn ceilings. While the exterior is freshly painted and the home is described as well-maintained, the interior requires cosmetic updates to the kitchen, bathrooms, and flooring to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- No HOA Fees
The absence of a monthly association fee offers significant long-term savings and greater freedom for homeowners compared to many surrounding Las Vegas communities.
- Mountain Views
The property features desirable mountain views, providing a scenic backdrop that enhances the overall ambiance and aesthetic appeal of the home.
- Versatile Flex Space
A converted dining room provides a functional den or home office, catering to the modern need for flexible living arrangements and remote work environments.
CONSRISKS & DEFICIENCIES
- Low High School Rating
The designated high school carries a low rating of 2, which may be a concern for families prioritizing top-tier public education or future resale value.
- 1980s Construction
Built in 1987, the home may require updates to major systems or interior finishes to meet modern energy efficiency standards and contemporary design preferences.
About 4612 Bannister Lane
Welcome home to comfort, character, and endless possibilities! This well-maintained 1,446 sq. ft. home features 3 bedrooms, 2 full baths, and a versatile dining room conversion that creates the perfect den, home office, or flex space. The sunken living room with a cozy fireplace adds warmth and charm, while the primary suite offers private backyard access. Additional features include an inside laundry room and a freshly painted exterior. Conveniently located near US-95/I-11 with easy access to shopping, dining, and everyday conveniences along Craig Road.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 6,534 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
Ernest J. May Elementary School
Grades PK-5 • 0.8 mi
7/10
Lied Middle School
Grades 6-8 • 1.9 mi
6/10
Cheyenne High School
Grades 9-12 • 2.6 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 | 1,446 | 1,961.945 |
| Lot Size | 6,534 | 6,098 |
| Price | $375.0K | $486.0K |
| Price per sq ft | $259 | $259 |
| Built year | 1987 | 2002 |
| HOA | $0 | $83 |
| Days on market | 42 | 62 |
Pricing History
Listed for Sale
Jul 29, 2026
$375,000
Initial Listing