4897 Sawyer Avenue, Las Vegas, NV 89108, Las Vegas, 89108 - 5 bed, 3 bath
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Las Vegas, NV 89108
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $741,826 Fair Market Value by -7%. Featuring a Fair Condition Rating, this 5-bedroom residence offers significant value-add potential through cosmetic updates and studio-style conversions. The expansive half-acre lot with an in-ground pool and no HOA provides rare flexibility for income generation. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with substantial renovation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4897 Sawyer Avenue Subject | $800,000* List Price | 5 | 3 | 2,565 | $289 | - |
A 1751 Fairhaven Street Sold | $633,000 | 3 | 2 | 2,618 | $242 | 0.4 mi |
B 1751 Fairhaven Street Sold | $633,000 | 3 | 2 | 2,618 | $242 | 0.4 mi |
C 1831 N MICHAEL Way Sold | $620,000 | 3 | 2 | 1,905 | $325 | 0.5 mi |
D 1831 N Michael Way Sold | $620,000 | 3 | 2 | 1,905 | $325 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is significantly dated and shows signs of incomplete DIY renovations. While the main living areas feature functional tile flooring and a fireplace, the kitchen/studio areas are in poor condition with missing cabinet doors and unfinished drywall. Given the 60-year age, systems are likely near the end of their lifespan, and the home requires substantial cosmetic and functional updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19602, living area = 2565.
The expansive half-acre lot is a standout feature, boasting an in-ground pool with custom tile work, a built-in BBQ kitchen, an outdoor brick fireplace, and a covered patio designed for high-end entertaining.
The 2,565 sqft floor plan includes studio-style conversions, providing a unique opportunity for rental income, roommates, or multi-generational living arrangements in a spacious, carpet-free environment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The assigned public schools for this area have low ratings ranging from 2 to 3 out of 10, which may be a significant concern for families prioritizing educational performance.
Built in 1963, the home may require updates to its core systems or aesthetic finishes to fully justify the $800,000 price point when compared to more modern builds in the Las Vegas market.
This home has it all! 5 bedrooms, 3 baths, situated on a half-acre lot with a pool!! Landscaped front yard with rocks and beautiful palm trees! Circular driveway . Plenty of room for parking multiple cars! Double-gated RV parking! NO HOA! This fabulous home features tile flooring upon entry and no carpet throughout! Cozy fireplace in living room. Primary bathroom features a jetted tub! All rooms are super spacious! parts of the home have been converted to studio living, great for renting out or roommates. Large family room with access to backyard through French patio doors. In-Ground swimming pool with ceramic dolphin design, covered patio, paved walkways, outdoor brick fireplace, built in bbq and kitchen make this backyard perfect for enjoying and entertaining!!! So many fabulous features to list!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,565 | - |
| Lot Size | 19,602 | - |
| Price | $800.0K | $474.8K |
| Price per sq ft | $312 | $257 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 526 |
Jul 6, 2026
$800,000
Initial Listing