472 Fallwood Lane, Las Vegas, NV 89107, Las Vegas, 89107 - 2 bed, 2 bath
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Las Vegas, NV 89107
This Single-Story Townhouse represents a High-Potential Investment Opportunity, listed at $320,000—positioned slightly above the $315,780 Fair Market Value. While the property requires cosmetic updates given its Condition Rating of 4, the Guard-Gated Security and Generous 7,895 sqft Lot provide significant long-term value. The functional layout and community amenities offer a stable foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a secure, low-maintenance lifestyle in a desirable Las Vegas neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 472 Fallwood Lane Subject | $320,000* List Price | 2 | 2 | 1,494 | $211 | - |
A 453 Wonderstone Drive Sold | $306,000 | 2 | 2 | 1,258 | $243 | 0.1 mi |
B 421 Wonderstone Drive Sold | $322,000 | 2 | 2 | 1,494 | $216 | 0.1 mi |
C 453 Wonderstone Drive Sold | $306,000 | 2 | 2 | 1,258 | $243 | 0.1 mi |
D 5132 Harvest Moon Lane Sold | $315,000 | 2 | 2 | 1,258 | $250 | 0.1 mi |
E 5713 Whiteridge Avenue Sold | $305,000 | 3 | 2 | 1,585 | $192 | 0.8 mi |
F 436 Fallwood Lane Pending | $305,000 List Price | 2 | 2 | 1,494 | $204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is well-maintained but dated. Visuals of the bathroom show original-style gold fixtures and square tiling, suggesting the home has not had a major renovation in over 20 years and requires cosmetic updates.
The property is located within a rare guard-gated community, offering a high level of security, privacy, and exclusivity that is highly sought after in the Las Vegas market.
With a lot size of 7,895 sqft, this townhouse offers a significantly larger private backyard than typical properties in its class, providing ample space for outdoor entertaining.
The functional single-story layout combined with community amenities like a pool and clubhouse makes this home ideal for those seeking low-maintenance, accessible living.
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.
The property has been on the market for over 60 days and has undergone four consecutive price reductions, suggesting initial overpricing or a lack of immediate buyer interest.
The assigned public schools for this address have low ratings (ranging from 2 to 3 out of 10), which may deter families with school-aged children and impact long-term resale value.
Promenade at The Meadows. Offering 1,494 sq ft, this 2 bedroom, 2 bathroom home features a functional and open layout with spacious living areas and a 2 car garage. Enjoy a private backyard with plenty of space to relax or entertain. Residents benefit from a true sense of community along with access to a clubhouse and community pool. Ideally suited for those seeking comfort, convenience, and low-maintenance living in a secure and desirable neighborhood. Single-story homes in guard-gated communities are rare—don’t miss this opportunity.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,494 | 1,374 | 65% |
| Lot Size | 7,895 | 1,742 | 87% |
| Price | $320.0K | $280.0K | 83% |
| Price per sq ft | $214 | $201 | 61% |
| Built year | 1989 | 1979 | 78% |
| HOA | $252 | $245 | 65% |
| Days on market | 64 | 340 | 4% |
Jun 5, 2026
$320,000
$325,000
-2% Price Drop
Initial Listing
May 8, 2026
$325,000
$330,000
-2% Price Drop
Initial Listing
Apr 24, 2026
$330,000
$335,000
-1% Price Drop
Initial Listing
Apr 12, 2026
$335,000
Initial Listing