468 Fallwood Lane, Las Vegas, NV 89107, Las Vegas, 89107 - 2 bed, 2 bath
468 Fallwood Lane
Las Vegas, NV 89107
Property Price
SUMMARY
Analysis of 468 Fallwood Lane, Las Vegas, NV 89107 is currently available with a list price of $344,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1989, the property has undergone an extensive recent remodel that meets the criteria for excellent condition. The renovation includes a fully refurbished kitchen with new custom cabinets, solid surface counters, and stainless steel appliances, as well as completely updated bathrooms with touch mirrors and new showers. With new luxury vinyl plank flooring, fresh paint, new baseboards, and updated systems like the water heater, the home presents as virtually new with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Remodel
The property features a meticulous top-to-bottom renovation including a fully refurbished kitchen with custom cabinets, luxury vinyl plank flooring, and updated bathrooms, offering a turnkey experience for buyers.
- Enhanced Storage and Utility
Exceptional storage solutions are found throughout, including walk-in closets in both bedrooms, a dedicated laundry pantry, and a garage with professional epoxy flooring and built-in storage.
- Secure Gated Community
Located in a guard-gated community with active social programming, the property provides a high level of security and a vibrant lifestyle for residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7895, other record lot size in square feet = 6320.
- Age-Restricted Limitation
As an age-restricted property, the potential buyer pool is limited to those meeting specific age requirements, which significantly narrows the market for resale.
- Low Local School Ratings
The surrounding public schools are rated poorly (2 and 3 out of 10), which can be a deterrent for certain investors and may negatively influence long-term property value appreciation.
About 468 Fallwood Lane
Marvelous & Spacious in the Meadows! This home truly is Marvelous with its recent remodel. Fully refurbished kitchen & both baths. New luxury vinyl plank flooring & shutters throughout with new baseboards & paint. Meticulously done by this very attention to detail seller. Updated kitchen boasts solid surface counters with complete backsplash, new lighting, new custom cabinets with pull out drawers, new sink, exterior venting system & all new stainless steel appliances. Both baths boast newly refurbished showers, solid surface counters, touch mirrors & new cabinets. Storage in the home is amazing with walk in closets in both bedrooms, pantry in the laundry room & great storage in the garage with epoxy flooring. Guard Gated entrance with community activities to keep you busy. Age Restricted. All electric home. Newer water heater & soft water system owned that will remain. All appliances to remain as well, refrigerator, washer & dryer. Freshly manicured desert landscaping in backyard too!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1989
- Lot Size
- 7,895 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $247 / Month
Neighborhood Insights
Las Vegas Unified Schools
Red Rock Elementary School
Grades PK-5 • 0.2 mi
Frank F Garside Junior High School
Grades 6-8 • 1.2 mi
Western High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,258 | 1,258 | 50% |
| Lot Size | 7,895 | 3,080 | 88% |
| Price | $345.0K | $264.9K | 98% |
| Price per sq ft | $274 | $192 | 91% |
| Built year | 1989 | 1984 | 74% |
| HOA | $247 | $225 | 61% |
| Days on market | 196 | 836 | 28% |
Pricing History
Listed for Sale
Aug 23, 2025
$344,999
Initial Listing