4725 Lake Place, Las Vegas, NV 89147, Las Vegas, 89147 - 4 bed, 3 bath
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4725 Lake Place
Las Vegas, NV 89147
ACTIVE
CONDITION: POOR
4Beds
3Baths
1,692Sq Ft
6,098Lot Size
Property Price
LIST PRICE$385,000
EST. MARKET VALUE
$395,751
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well below the $395,752 Fair Market Value by 2%. This valuation gap offers $10,752 in Instant Equity for buyers. Featuring a private pool and spa and a versatile floor plan with a downstairs bedroom, the home has a Fair Condition Rating that necessitates a full cosmetic rehab. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a prime location.
Estimated Market Value
$395,751
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 |
|---|---|---|---|---|---|---|
★ 4725 Lake Place Subject | $385,000* List Price | 4 | 3 | 1,692 | $234 | - |
A 4716 Marlboro Court Sold | $395,000 | 4 | 3 | 1,692 | $233 | 0.0 mi |
B 4755 Ashbrook Place Sold | $395,000 | 4 | 2 | 1,529 | $258 | 0.2 mi |
C 7045 Grasswood Drive Sold | $435,000 | 4 | 3 | 1,982 | $219 | 0.2 mi |
D 4839 Beaconsfield Street Sold | $398,000 | 3 | 2 | 1,555 | $256 | 0.3 mi |
E 4385 Newhaven Drive Sold | $458,326 | 4 | 3 | 1,931 | $237 | 0.6 mi |
F 4582 NEW DUPELL Way Sold | $450,000 | 4 | 3 | 1,849 | $243 | 0.5 mi |
G 4386 Newhaven Drive Sold | $431,000 | 4 | 3 | 2,016 | $214 | 0.6 mi |
H 7107 Fenway Avenue Active | $350,000 List Price | 3 | 2 | 1,658 | $211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1976 with no evidence of recent renovations. The interior shows significant wear including peeling wallpaper, heavily stained carpeting, and water damage on the enclosed patio paneling. The home requires a full cosmetic rehab and likely system updates due to its age.
PROSSTRENGTHS & OPPORTUNITIES
- Private Pool and Spa
The property features a large backyard equipped with a private pool, spa, and an enclosed patio, providing a premium outdoor entertainment space highly valued in the Las Vegas market.
- Versatile Floor Plan
The layout includes a convenient downstairs bedroom for guests and an additional upstairs flex room, offering excellent adaptability for a home office, playroom, or multi-generational living.
- No HOA Fees
With an association fee of zero, this home offers significant long-term cost savings and greater freedom from the restrictive covenants typically found in Las Vegas subdivisions.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1976, the home may require updates to major systems or cosmetic renovations to meet the expectations of modern buyers looking for contemporary finishes.
- Compact Square Footage
At 1,692 square feet for a four-bedroom residence, the interior living spaces and individual bedrooms may feel somewhat constrained compared to newer, more spacious builds.
About 4725 Lake Place
2 story home in the Northwest with a pool! This home has 4 spacious bedrooms, 2.5 bathrooms and 2 car garage! It features a formal living room and separate family/dining room. The kitchen is toward the back of the home near the enclosed patio. There is a bedroom downstairs, perfect for guest or mother-in-law suite. Upstairs you'll find an extra room, perfect for a craft room or playroom. The primary bedroom has mirrored closet doors and laminate wood flooring. The 2 remaining bedrooms upstairs have walk-in walks. The backyard is huge and has a pool and spa. There is an enclosed patio overlooking the pool. Great backyard for entertaining during the summer. This home is near everything! It is near Starbucks, grocery stores, schools, restaurants, parks, and shopping.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,692 | 1,961.945 |
| Lot Size | 6,098 | 6,098 |
| Price | $385.0K | $486.0K |
| Price per sq ft | $228 | $259 |
| Built year | 1976 | 2002 |
| HOA | $0 | $83 |
| Days on market | 23 | 62 |
Pricing History
Listed for Sale
Aug 17, 2026
$385,000
Initial Listing