516 North Summit Drive, Henderson, NV 89002, Henderson, 89002 - 3 bed, 2 bath
Loading property details...
516 North Summit Drive
Henderson, NV 89002
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,490Sq Ft
6,970Lot Size
Property Price
LIST PRICE$414,500
EST. MARKET VALUE
$421,605
SUMMARY
This Single-Family Residence is a Strong Value Opportunity, listed at $414,500—positioned well below the $421,605 Fair Market Value by 1.68%. This valuation gap offers $7,105 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a modernized kitchen and private backyard with panoramic mountain views. With No HOA and RV parking, this property provides rare flexibility. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing long-term value.
Estimated Market Value
$421,605
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 North Summit Drive Subject | $414,500* List Price | 3 | 2 | 1,490 | $283 | - |
A 637 Valley View Circle Sold | $420,000 | 4 | 2 | 1,522 | $276 | 0.2 mi |
B 727 Brick Drive Sold | $415,000 | 3 | 2 | 1,615 | $257 | 0.6 mi |
C 720 Morrocco Drive Sold | $400,000 | 4 | 2 | 1,554 | $257 | 0.4 mi |
D 802 Fireweed Drive Sold | $435,000 | 3 | 3 | 1,520 | $286 | 0.5 mi |
E 725 Morrocco Drive Sold | $410,000 | 4 | 3 | 1,855 | $221 | 0.5 mi |
F 860 Coral Cottage Drive Sold | $475,000 | 3 | 2 | 1,668 | $285 | 0.8 mi |
G 781 Fountain Hills Avenue Sold | $415,000 | 4 | 3 | 1,855 | $224 | 0.5 mi |
H 1000 Nimitz Court Sold | $479,000 | 3 | 2 | 1,679 | $285 | 0.9 mi |
I 704 Willow Avenue Active | $380,000 List Price | 3 | 2 | 1,416 | $268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates to 1976, the interior shows significant renovations likely within the 5-15 year range. The kitchen features upgraded cabinets and stone countertops, bathrooms have been modernized with new vanities and vessel sinks, and contemporary flooring has been installed throughout. The home is well-maintained and move-in ready, though some dated elements like popcorn ceilings remain.
PROSSTRENGTHS & OPPORTUNITIES
- No HOA & RV Parking
The absence of a Homeowners Association offers significant financial savings and the freedom to utilize the extended driveway for RV, boat, or trailer storage.
- Privacy and Mountain Views
With no rear neighbors and scenic mountain views, the backyard provides a peaceful and private retreat that is highly sought after in the Henderson market.
- Modernized Kitchen
The kitchen features upgraded cabinetry, countertops, and hardware, providing a contemporary and functional space that reduces the need for immediate renovations.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1976, the property may have aging structural or mechanical systems that could require more maintenance or updates compared to newer homes.
- Modest Square Footage
At 1,490 square feet, the interior living space is relatively compact for a three-bedroom home, which may limit appeal for buyers seeking larger communal areas.
About 516 North Summit Drive
Welcome home to this charming single-story Henderson gem! Offering 3 bedrooms and 2 bathrooms, this home combines comfortable living with the freedom and flexibility buyers are looking for. An extended driveway provides plenty of parking, including space for a small RV, camper, boat, or other recreational toys. Plus, there’s NO HOA! Inside, the inviting living room features a classic wood-burning brick fireplace, creating a cozy focal point for relaxing or entertaining. The kitchen is equipped with upgraded cabinets, countertops and hardware, with sleek black appliances, including a refrigerator, dishwasher, gas range, and oven. Ceiling fans throughout the home add to the comfort and functionality. Step outside to enjoy a spacious backyard with a a long extended patio, low-maintenance landscaping, and no rear neighbors, creating a private and peaceful place to unwind and/or entertain and take in the beautiful mountain views while enjoying the crisp fall weather! Conveniently located near shopping, dining, parks, schools, and freeway access, this home offers the best of comfortable living and an ideal Henderson location. With its desirable features, ample parking, mountain views, and no HOA, this one is definitely worth seeing in person! You have the freedom to create the landscape you've always dreamed of! Schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,490 | 2,064.015 |
| Lot Size | 6,970 | 6,098 |
| Price | $414.5K | $525.0K |
| Price per sq ft | $278 | $265 |
| Built year | 1976 | 2005 |
| HOA | $0 | $110 |
| Days on market | 5 | 70 |
Pricing History
Listed for Sale
Sep 4, 2026
$414,500
Initial Listing