
Las Vegas, NV 89149
This Value-Add Residential Estate represents a significant acquisition for those seeking a massive footprint in Las Vegas. Listed at $830,000, the property is positioned above the $692,864 Fair Market Value, reflecting the rare utility of a 1.23-acre lot with a private well and septic system. Currently in Poor Condition (Rating: 5), the 3,768 sqft structure is gutted but features a pool, patio, 4-car garage, and Mountain and Las Vegas Strip views. This is a high-potential project for Fix-and-Flip Investors or Contractors looking to build significant equity through a total renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4975 Marcon Drive Subject | $829,000* List Price | 3 | 4 | 3,768 | $184 | - |
A 5020 N Campbell Road Sold | $740,000 | 4 | 3 | 2,679 | $276 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a state of mid-renovation and is currently uninhabitable. Interior images show a gutted structure with exposed wall studs, missing ceilings, exposed insulation, and bare concrete floors. Built in 1981, the home requires a complete rehabilitation of all major systems, including the kitchen and bathrooms which are currently non-existent or stripped. While the listing suggests 'good bones,' the level of deferred maintenance and active demolition classifies it as poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53579, living area = 3768.
The property sits on a massive 1.23-acre lot, offering rare privacy and significant space for outdoor amenities or additional structures in the Las Vegas area.
Priced below comparable sales, this home presents a prime opportunity for investors to realize substantial built-in equity following a full renovation.
The home requires a complete interior and exterior overhaul, demanding significant capital investment and a long-term project timeline.
Constructed in 1981, the property may have outdated electrical, plumbing, or structural components that could lead to unexpected costs during the remodeling process.
Rare chance to buy a property on a massive 1.2+ acre lot with a private well and septic! This home has over 3700+ of living space with a 4 car garage and sits on a HUGE private lot. The home obviously needs a full renovation but has good bones, a pool, and its' own private well. This is a rare chance to pick up a property on a huge lot in Las Vegas well below comparable sales, renovate the property and have automatic built in equity!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,768 | - |
| Lot Size | 53,579 | - |
| Price | $829.0K | $474.8K |
| Price per sq ft | $220 | $257 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 99 | 526 |
Jun 25, 2026
$829,000
$830,000
+0% Price Increase
Initial Listing
Apr 15, 2026
$830,000
Initial Listing
Apr 4, 1997
$205,000
Public Record