
Las Vegas, NV 89108
This Multigenerational Residential Asset is a Strong Value Opportunity, listed at $490,000—positioned well below the $470,515 Fair Market Value by -4%. While the list price reflects a premium, the property features an Extensive Modern Renovation and a Mint Condition Rating. With six bedrooms and a flexible Next Gen-style layout, it offers significant utility for rental income or large families. Despite lower-rated local schools, the No HOA Fees structure enhances long-term affordability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, turnkey living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5109 Cannon Boulevard Subject | $490,000* List Price | 6 | 4 | 2,148 | $228 | - |
A 1305 North Mallard Street Active | $469,900 List Price | 5 | 2 | 1,775 | $265 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1960, the property has undergone an extensive, high-end renovation within the last 5 years. The interior features a fully remodeled kitchen with modern cabinetry and stainless steel appliances, completely updated bathrooms with contemporary fixtures, new porcelain tile flooring, energy-efficient windows, and a newer HVAC system, placing it in mint condition.
The property features a unique layout with an existing studio/Next Gen space and potential for a second suite, making it ideal for large families, guest quarters, or rental income potential.
The home boasts significant renovations including porcelain tile flooring, remodeled bathrooms, energy-efficient windows, and a newer AC system, ensuring modern comfort in a classic structure.
With an association fee of zero, this property offers homeowners significant monthly savings and greater freedom regarding property use and modifications compared to typical Las Vegas communities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Fitting six bedrooms into 2,148 square feet suggests that individual room sizes may be small, potentially compromising the sense of space and storage within the home.
The assigned high school carries a low rating of 2, which may be a deterrent for families prioritizing top-tier educational districts and could impact long-term appreciation.
Discover unparalleled versatility and modern comfort in this exceptional single-story home, perfectly designed for dynamic living. This residence stands out with its incredible flexibility, offering an existing studio or Next Gen-style living space, alongside the exciting potential to create a second private studio or additional Next Gen suite. This configuration makes it an ideal choice for extended families, dedicated home offices, inviting guest quarters, or various flexible living arrangements. The property boasts six generously sized bedrooms and four full bathrooms, with four bedrooms featuring private en-suite bathrooms, ensuring privacy and convenience for everyone. Every corner of this home reflects extensive upgrades, showcasing modern finishes and thoughtful improvements throughout. Enjoy the elegance of porcelain tile flooring that flows through the main living areas, complemented by fully remodeled bathrooms featuring contemporary fixtures. Updated modern windows enhance energy efficiency and fill the interiors with natural light, while a newer air conditioning system guarantees year-round comfort. The curb appeal is instantly elevated by newly installed pavers in the front yard, decorative concrete work, and low-maintenance artificial turf landscaping, all secured by a stunning modern iron side gate. The open and versatile floor plan caters to today's diverse lifestyle needs, providing abundant space for a growing family, multigenerational living, work-from-home flexibility, or private guest accommodations. This unique opportunity in Las Vegas offers a lifestyle of convenience and adaptable luxury.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,148 | 1,961.945 |
| Lot Size | 7,405 | 6,098 |
| Price | $490.0K | $486.0K |
| Price per sq ft | $228 | $259 |
| Built year | 1960 | 2002 |
| HOA | $0 | $83 |
| Days on market | 92 | 62 |
Jun 9, 2026
$490,000
Initial Listing