
North Las Vegas, NV 89031
This property presents a High-Potential Investment Opportunity with a List Price of $387,500—positioned well below the $406,544 Fair Market Value by 4%. This valuation gap offers $19,044 in Instant Equity for buyers willing to address the Condition Rating of 4. Featuring a spacious 1,873 sqft open-concept floor plan, the home requires minor renovations to reach its full potential. Located near Craig Ranch Regional Park, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4717 Cedar Ranch Court Subject | $372,500* List Price | 3 | 2 | 1,873 | $213 | - |
A 5222 SANGARA Drive Sold | $289,900 List Price | 4 | 2 | 1,966 | 0.7 mi | |
B 4705 Cedar Ranch Court Active | $475,000 List Price | 3 | 2 | 1,873 | $254 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (23 years old), the home is in original condition with dated features such as green carpeting and basic fixtures. The listing explicitly mentions the need for minor repairs and renovations, aligning with the criteria for properties over 20 years old that require updates.
The property is ideally situated within walking distance of Craig Ranch Regional Park, the dog park, and the amphitheater, offering exceptional recreational amenities and convenience.
Featuring a spacious 1,873 sqft open-concept floor plan with large living areas and a primary walk-in closet, this home provides a functional and highly sought-after footprint.
Priced competitively with renovations in mind, this home offers a significant opportunity for buyers to build equity through minor repairs and modernizing its original 2003 condition.
The home is in original condition and requires minor repairs and updates, which may be a drawback for buyers seeking a completely move-in-ready residence.
The assigned middle and high schools have low ratings (2/10), which could impact the property's long-term appreciation and appeal to families prioritizing education.
One story, three bedroom and two bathroom home with some fresh paint, very open-concept floor plan, large kitchen & living room—perfect blend of comfort and convenience. Large walk-in closet in the primary room. Two large rooms for entertaining. The house is in original condition. Some minor repairs needed. The house is listed at a competitive price with minor repairs and renovation in mind.The neighborhood is walking distance from Craig Ranch Regional park and Craig Ranch Dog park. Closeby the Craig Ranch Amphitheater and other shops on Craig Road.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,873 | - |
| Lot Size | 6,534 | - |
| Price | $372.5K | $411.4K |
| Price per sq ft | $199 | $218 |
| Built year | 2003 | 0 |
| HOA | $46 | $0 |
| Days on market | 43 | 2652 |
Jun 23, 2026
$372,500
$387,500
-4% Price Drop
Initial Listing
Jun 9, 2026
$387,500
Initial Listing