4771 Novatoga Drive, Las Vegas, NV 89120, Las Vegas, 89120 - 4 bed, 3 bath
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4771 Novatoga Drive
Las Vegas, NV 89120
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,706Sq Ft
8,712Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$552,335
12% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $485,000—positioned well below the $561,254 Fair Market Value by 13%. This valuation gap offers $76,254 in Instant Equity. Featuring a Mint Condition Rating and a fully converted garage casita, this property provides immediate rental income potential. With No HOA Restrictions, a private pool and spa, and RV parking, it offers significant utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset.
Estimated Market Value
$552,335+$67,335 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4771 Novatoga Drive Subject | $485,000* List Price | 4 | 3 | 2,706 | $204 | - |
A 4411 PALM MESA Drive Sold | $359,900 List Price | 5 | 3 | 2,469 | 0.5 mi | |
B 5729 Douglas Everett Street Sold | $535,000 | 3 | 3 | 2,361 | $227 | 0.8 mi |
C 5075 San Anselmo Street Pending | $469,900 List Price | 6 | 4 | 2,688 | $175 | 0.3 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.
Although built in 1971, the property has undergone a full high-end renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, quartz countertops, and contemporary fixtures. With new flooring, recessed lighting, and a fully converted casita, the home is in mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property features a fully converted garage casita with its own kitchenette and full bathroom, providing an ideal setup for rental income, guests, or multigenerational living.
- Outdoor Amenities
Situated on a generous lot, the home offers a private pool and spa along with dedicated RV parking, catering to outdoor enthusiasts and those seeking a resort-style backyard.
- No HOA Restrictions
With no association fees or HOA oversight, owners enjoy greater financial savings and the freedom to use and modify their property without restrictive community covenants.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2706, other record living area = 2106. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- School District Ratings
The property is zoned for schools with relatively low performance ratings, which may be a drawback for families prioritizing high-ranking educational institutions.
- Leased Solar Commitment
The solar panels are leased rather than owned, requiring the buyer to assume a long-term financial contract which can complicate the financing and closing process.
About 4771 Novatoga Drive
Looking for a fantastic investment opportunity that you can also call home? Your search ends here! This versatile fully renovated property offers over 2,000 square feet of living space and has everything you need. Featuring 4 spacious bedrooms and 2.5 bathrooms, this home is designed for both comfort and functionality. One of its standout features is the fully converted garage, now a private casita complete with its own kitchenette and full bathroom—perfect for multigenerational living, guests, or rental income. Situated on a large lot, the property also offers RV parking, a sparkling pool and spa, and leased solar panels to help reduce your monthly energy costs. Whether you're looking for your next home or a property with excellent income potential, this one checks all the boxes. Schedule your private tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 8,712 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
Las Vegas Unified Schools
Harley Harmon Elementary School
Grades PK-5 • 0.1 mi
3/10
J M Ullom Elementary School
Grades PK-5 • 0.8 mi
3/10
Bill Y Tomiyasu Elementary School
Grades PK-5 • 1.1 mi
4/10
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 | 2,706 | 1,961.945 |
| Lot Size | 8,712 | 6,098 |
| Price | $485.0K | $486.0K |
| Price per sq ft | $179 | $259 |
| Built year | 1971 | 2002 |
| HOA | $0 | $83 |
| Days on market | 44 | 62 |
Pricing History
Listed for Sale
Jul 27, 2026
$485,000
Initial Listing