4681 Lancer Way, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 2 bath
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4681 Lancer Way
Las Vegas, NV 89121
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,110Sq Ft
7,405Lot Size
Property Price
LIST PRICE$439,000
EST. MARKET VALUE
$452,544
SUMMARY
This Fully Remodeled Single-Story Home is a Prime Investment Opportunity, listed at $439,000—positioned well below the $452,544 Fair Market Value by 2%. This valuation gap offers $13,544 in Instant Equity. Featuring a Mint Condition Rating with $70k in recent upgrades and a versatile floor plan with a private entrance, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, No HOA residence with multigenerational living potential.
Estimated Market Value
$452,544
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 |
|---|---|---|---|---|---|---|
★ 4681 Lancer Way Subject 4 bd · 2 ba · 2,110 sqft · $214 | $439,000* List Price | 4 | 2 | 2,110 | $214 | - |
A 4185 Vancouver Avenue Sold 5 bd · 3 ba · 2,110 sqft · $241 · 0.2 mi | $508,999 | 5 | 3 | 2,110 | $241 | 0.2 mi |
B 3670 Chama Avenue Sold 4 bd · 3 ba · 2,128 sqft · $251 · 0.6 mi | $535,000 | 4 | 3 | 2,128 | $251 | 0.6 mi |
C 3896 Acapulco Avenue Sold 4 bd · 3 ba · 1,774 sqft · $209 · 0.3 mi | $369,900 | 4 | 3 | 1,774 | $209 | 0.3 mi |
D 4383 Del Santos Drive Sold 4 bd · 2 ba · 1,895 sqft · $242 · 0.4 mi | $459,000 | 4 | 2 | 1,895 | $242 | 0.4 mi |
E 4442 El Cebra Way Sold 4 bd · 2 ba · 1,784 sqft · $219 · 0.5 mi | $390,000 | 4 | 2 | 1,784 | $219 | 0.5 mi |
F 3946 Clear View Drive Sold 4 bd · 2 ba · 1,675 sqft · $238 · 1.0 mi | $399,000 | 4 | 2 | 1,675 | $238 | 1.0 mi |
G 4523 Catherine Lane Sold 4 bd · 3 ba · 2,096 sqft · $224 · 1.0 mi | $470,000 | 4 | 3 | 2,096 | $224 | 1.0 mi |
H 4339 Cartegena Way Pending 4 bd · 2 ba · 2,059 sqft · $223 · 0.5 mi | $460,000 List Price | 4 | 2 | 2,059 | $223 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has been fully remodeled within the last 5 years with approximately $70k in upgrades. It features a completely refreshed kitchen and bathrooms with modern finishes, new flooring throughout, and updated systems including a 1-year-old water heater, putting it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Renovations
With approximately $70,000 in recent upgrades, including a full interior remodel, newer siding, and a one-year-old water heater, this home offers a turnkey, move-in-ready experience.
- Multigenerational Versatility
The floor plan features a separate room with a private entrance, providing an ideal setup for a mother-in-law suite, guest quarters, or a private home office.
- No HOA Freedom
The absence of a Homeowners Association allows for greater property flexibility and eliminates monthly fees, a significant advantage for budget-conscious buyers and investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Underperforming School District
The assigned middle and high schools carry low performance ratings (2 and 3 out of 10), which may deter families prioritizing education and impact long-term resale value.
- Aging Infrastructure
Despite the modern aesthetic updates, the property was built in 1971, meaning core systems and structural components are over 50 years old and may require future maintenance.
About 4681 Lancer Way
Fully Remodeled Single-Story Home NO HOA! Beautifully updated, this move-in ready 4-bedroom, 2-bathroom home features modern finishes, upgraded flooring, refreshed kitchen and bathrooms, and a bright, open-concept layout. The versatile floor plan includes a separate room with its own private entrance, offering excellent potential for a mother-in-law suite, guest quarters, home office, or multigenerational living. Step outside to enjoy the covered patio, perfect for relaxing or entertaining year-round. Situated on a spacious lot with no HOA restrictions, this property combines comfort, flexibility, and convenience. Ideally located near shopping, dining, schools, and major freeway access. Don’t miss this beautifully renovated Las Vegas home! house siding approximately 3 years old, covered patio patio installed approximately 2 years old/carport approximately 4 years old, water heater approximately 1 year old* around $70k on upgrades
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
William E Ferron Elementary School
Grades PK-5 • 0.9 mi
5/10
J M Ullom Elementary School
Grades PK-5 • 1.0 mi
3/10
C W Woodbury Middle School
Grades 6-8 • 0.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,110 | 1,959.772 |
| Lot Size | 7,405 | 5,961.915 |
| Price | $439.0K | $484.5K |
| Price per sq ft | $208 | $259 |
| Built year | 1971 | 2001 |
| HOA | $0 | $82 |
| Days on market | 29 | 62 |
Pricing History
Listed for Sale
Sep 25, 2026
$439,000
Initial Listing
Sold
Jan 27, 1994
$104,500
Public Record