4865 Octavia Way, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Well-Maintained Active Adult Residence is listed at $382,000, positioned accurately alongside its $380,649 Fair Market Value to ensure a stable and fair entry point. Maintaining a Fair Condition Rating, the interior is clean and functional, offering a private patio and a two-car garage. Residents benefit from the exclusive El Paseo Swim, Tennis, & Racquet Club and proximity to Frank Kim Elementary School. This property represents a secure lifestyle choice for Retirees or Downsizers seeking a low-maintenance, social community in Spring Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4865 Octavia Way Subject | $382,000* List Price | 2 | 2 | 1,188 | $320 | - |
A 8107 Barodo Way Sold | $397,000 List Price | 2 | 2 | 1,303 | 0.2 mi | |
B 4419 FAIRMONT Circle Sold | $409,995 | 3 | 2 | 1,127 | $364 | 0.9 mi |
C 4706 Belshire Drive Sold | $338,500 | 2 | 2 | 1,050 | $322 | 0.4 mi |
D 4419 Fairmont Circle Sold | $409,995 | 3 | 3 | 1,127 | $364 | 0.9 mi |
E 7524 Mycroft Court Sold | $406,000 | 3 | 2 | 1,293 | $314 | 0.8 mi |
F 4404 Elk Point Circle Sold | $400,000 | 3 | 2 | 1,244 | $322 | 0.6 mi |
G 7986 Rotella Drive Active | $386,000 List Price | 2 | 2 | 1,188 | $325 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1992 and appears to be in its original condition with no significant modern renovations. While the home is well-maintained, clean, and move-in ready, the features such as the oak cabinetry, older appliances, vertical blinds, and carpet are dated and reflect the styles of its construction era. It fits the 'fair' criteria as a 30+ year old home that is functional but shows signs of being outdated.
Located in a highly recommended 55+ community, residents have access to the El Paseo Swim, Tennis, & Racquet Club, fostering an active and social lifestyle.
The property is surrounded by community-maintained landscaping and common areas, offering a convenient 'lock-and-leave' lifestyle for busy or retired homeowners.
Situated in the desirable 89147 zip code, the home provides excellent proximity to local shopping, dining, and essential services while maintaining a quiet residential atmosphere.
The age 55+ requirement limits the potential buyer pool to a specific demographic, which can result in a longer market time compared to non-restricted neighborhoods.
Built in 1992, the property may require updates to its interior finishes and major systems to meet the expectations of modern buyers looking for contemporary aesthetics.
Excellent opportunity to live in this beautiful community surrounded by community maintenance. This 2-Bedroom 2Bath home at 1,888 square feet, Attached two car garage. This age 55+ community has been highly recommended and located near several appealing places. The El Paseo Swim, Tennis, & Racquet Club is the place to be.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,188 | 1,948 | 7% |
| Lot Size | 5,227 | 6,098 | 42% |
| Price | $382.0K | $410.0K | 40% |
| Price per sq ft | $322 | $221 | 91% |
| Built year | 1992 | 1996 | 22% |
| HOA | $160 | $0 | 88% |
| Days on market | 6 | 520 | 0% |
Apr 16, 2026
$382,000
Initial Listing
Aug 12, 1994
$19,000
Public Record