5062 Blanton Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 4 bed, 4 bath
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Las Vegas, NV 89122
This property presents a High-Potential Investment Opportunity with a List Price of $399,999—positioned well above the $230,822 Fair Market Value by -73%. While the current list price exceeds market estimates, the property’s Fair Condition Rating and versatile floorplan offer significant upside for those capable of managing a full-scale renovation. The inclusion of a Value-Add Casita and No HOA Restrictions provides unique flexibility for multi-generational living or rental income. This project is best suited for Fix-and-Flip Investors or Contractors capable of navigating the necessary infrastructure updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5062 Blanton Drive Subject | $399,999* List Price | 4 | 4 | 1,949 | $118 | - |
A 5149 Sun Valley Drive Sold | $350,000 | 4 | 2 | 1,834 | $191 | 0.2 mi |
B 5149 SUN VALLEY Drive Sold | $350,000 | 4 | 2 | 1,834 | $191 | 0.2 mi |
C 5149 Sun Valley Drive Sold | $350,000 | 4 | 2 | 1,834 | $191 | 0.2 mi |
D 5156 Treasure Avenue Sold | $375,000 List Price | 3 | 3 | 1,673 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) and sold 'as-is' with 'lots of potential,' indicating the property requires a full rehab. While the age exceeds the 50-year threshold, the listing highlights the floorplan and casita, suggesting a major renovation project rather than a simple tear-down for land value.
The property features a spacious floorplan with 5-6 potential rooms, offering exceptional flexibility for large families, multi-generational living, or home offices.
The inclusion of a rear casita provides a unique opportunity to create a guest suite, rental unit, or specialized storage, significantly increasing the property's utility.
With no association fees, homeowners enjoy lower monthly carrying costs and greater freedom to customize the property without restrictive community covenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1949, other record living area = 1200. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property is positioned as having 'potential' and was previously purchased as-is, indicating that substantial investment is likely required for repairs and modernization.
Built in 1962, the home may require costly updates to major systems such as plumbing, electrical, and HVAC to meet current building standards and efficiency.
Lots of potential here with spacious floorplan and 5-6 possible rooms. Property was purchased as-is with casita in the back that can be converted as such or used as storage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 1,949 | 1,570 | 85% |
| Lot Size | 6,098 | 5,227 | 58% |
| Price | $400.0K | $350.0K | 79% |
| Price per sq ft | $205 | $217 | 41% |
| Built year | 1962 | 2001 | 6% |
| HOA | $0 | $46 | 46% |
| Days on market | 30 | 1337 | 0% |
May 15, 2026
$399,999
Initial Listing