4848 Califa Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
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4848 Califa Drive
Las Vegas, NV 89122
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,668Sq Ft
8,276Lot Size
Property Price
LIST PRICE$579,900
EST. MARKET VALUE
$482,889
20% AboveMARKET VALUE
SUMMARY
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $579,900—positioned well above the $482,890 Fair Market Value by 20%. While the property features a Fair Condition Rating and requires cosmetic updates, it offers a functional layout with a private pool and a generous 8,276 sqft lot. The home provides a solid foundation for value-add renovations, though buyers should account for the lower-rated local schools. This property is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a customizable project.
Estimated Market Value
$482,889
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 |
|---|---|---|---|---|---|---|
★ 4848 Califa Drive Subject | $579,900* List Price | 3 | 2 | 1,668 | $290 | - |
A 6292 Belgium Drive Active | $490,000 List Price | 3 | 3 | 1,777 | $276 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000, the property is approximately 24-26 years old, placing it in the 'Fair' category. While the flooring appears to have been updated to a wood-look laminate or LVP, the kitchen features original oak-style cabinetry and dated appliances consistent with the year of construction. The home is functional and move-in ready but requires cosmetic updates to the kitchen and baths to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1668.
- Private Pool & Outdoor Living
The property features a private pool on a generous 8,276 sqft lot, providing a premium outdoor oasis that is highly desirable in the Las Vegas climate.
- Functional Single-Story Layout
The 1,668 sqft floor plan is well-designed with both formal living/dining areas and a separate family room, offering a versatile and accessible living space.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools have low performance ratings (2/10 and 3/10), which may deter families prioritizing educational quality.
- High Price Per Square Foot
At a list price of $579,900 for 1,668 square feet, the property sits at a premium price point that may face appraisal challenges compared to neighborhood averages.
About 4848 Califa Drive
Stunning 1 story home!! Formal living/dining room plus separate family room, two way fireplace, eat in kitchen with all appliances, sizeable bedrooms, master bedroom has large walk in closet, double sink in bathroom plus tub & separate shower. Lovely backyard with pool.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $112 / Month
Neighborhood Insights
Las Vegas Unified Schools
Sister Robert Joseph Bailey Elementary School
Grades PK-5 • 1.1 mi
4/10
Francis H Cortney Junior High School
Grades 6-8 • 1.5 mi
2/10
Basic Academy
Grades 9-12 • 6.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,668 | 1,961.945 |
| Lot Size | 8,276 | 6,098 |
| Price | $579.9K | $486.0K |
| Price per sq ft | $348 | $259 |
| Built year | 2000 | 2002 |
| HOA | $112 | $83 |
| Days on market | 8 | 62 |
Pricing History
Listed for Sale
Sep 1, 2026
$579,900
Initial Listing