501 Lacy Lane, Las Vegas, NV 89107, Las Vegas, 89107 - 4 bed, 3 bath
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Las Vegas, NV 89107
Analysis of 501 Lacy Lane, Las Vegas, NV 89107 is currently available with a list price of $649,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1963 and marketed specifically to flippers and investors as an 'as-is' blank canvas, this property requires a full rehab. While the kitchen has mid-aged updates (oak cabinets/granite), the flooring shows significant wear and potential damage, and the pool/spa combo is currently vacant and needs restoration. The age of the home and the 'no repairs' listing status suggest original systems likely need replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 2476.
With an estimated After Repair Value (ARV) exceeding $1 million, this property offers a significant equity opportunity for investors or flippers looking to restore a mid-century home.
The nearly half-acre corner lot features a rare dual-access design with a circular driveway and alleyway access, providing ample space for RV parking and large vehicles.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The home requires comprehensive restoration, including a vacant pool and spa, which necessitates a substantial upfront budget for repairs and modernization.
The requirement for the buyer to assume a fixed-rate Solar PPA may complicate the financing process or be viewed as a long-term liability by some purchasers.
ATTENTION CASH BUYERS, INVESTORS, FLIPPERS, & CUSTOM HOME BUILDERS! Welcome to the prestigious and historic Rancho Charleston neighborhood. NO HOA. Tucked away just off Alta Drive, this massive corner-lot property is being sold strictly AS-IS with no repairs—offering the ultimate blank canvas with an estimated $1 Million+ ARV potential! Bring your vision to restore this mid-century masterpiece to its full potential. Sprawling across an almost half-acre lot (just shy of 21,000 sq. ft.), this single-story home offers incredible bones but needs your custom updates to truly shine. The exterior features an unmatched dual-access design: a spacious front circular driveway paired with highly coveted alleyway access directly into the fully fenced yard. You have massive, ready-to-go space for dedicated RV parking and multiple vehicles, trucks, or toys. Inside, the layout features 4 bedrooms, a flexible den, and 3 bathrooms. Step outside to reinvent your private yard oasis, complete with a vacant in-ground pool and spa combo waiting to be restored into a luxury retreat. Complete with a fixed-rate, cost-saving solar program (PPA to be assumed by buyer), this is a rare opportunity to value-add and customize a mid-century dream home in a premier central Las Vegas location!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,476 | - |
| Lot Size | 20,909 | - |
| Price | $649.0K | $474.8K |
| Price per sq ft | $262 | $257 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 526 |
Jul 16, 2026
$649,000
Initial Listing