533 Coco Palms Avenue, Las Vegas, NV 89123, Las Vegas, 89123 - 3 bed, 3 bath
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Las Vegas, NV 89123
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well above the $303,080 Fair Market Value by 36%. While the current list price exceeds the estimated value, the home’s Fair Condition Rating and 1988 build offer a significant value-add project. Featuring a spacious 1,777 sqft floor plan, mountain views, and a large 6,534 sqft lot, the property provides a blank canvas for modernization. This is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a full interior renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 533 Coco Palms Avenue Subject | $415,000* List Price | 3 | 3 | 1,777 | $171 | - |
A 8880 Star Valley Court Sold | $530,000 | 3 | 3 | 1,904 | $278 | 0.8 mi |
B 8349 YAMHILL Street Sold | $362,900 List Price | 4 | 3 | 1,936 | 0.5 mi | |
C 428 Paulson Drive Sold | $429,900 List Price | 4 | 2 | 1,627 | 0.2 mi | |
D 315 Barletta Avenue Sold | $520,000 | 3 | 2 | 1,995 | $261 | 0.8 mi |
E 8996 Union Gap Road Sold | $420,000 | 3 | 3 | 1,752 | $240 | 0.8 mi |
F 1061 Serpentina Avenue Sold | $390,000 List Price | 4 | 3 | 1,883 | 0.9 mi | |
G 404 Pemberry Circle Pending | $425,000 List Price | 3 | 3 | 1,612 | $264 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old) and explicitly marketed as a 'fixer opportunity.' The interior features original popcorn ceilings, dated carpeting, and 1980s-era fixtures. While a new water heater is noted, the home requires a full cosmetic and likely systems rehab to meet modern standards.
Situated in the desirable Rancho Las Palmas community near Silverado Ranch and Henderson, the property offers excellent proximity to top-tier shopping, dining, and freeway access.
The home features a functional floor plan with vaulted ceilings and a spacious owner's suite retreat that provides the unique potential for conversion into a fourth bedroom.
The property boasts scenic mountain views and a generous 6,534-square-foot lot, offering significant potential for customized outdoor living and landscaping.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Explicitly marketed as a fixer opportunity, the home requires significant renovation and capital investment to modernize its 1988-era interior and finishes.
While the water heater is new, the age of the home suggests that other major mechanical systems and original components may be nearing the end of their functional lifespan.
Located in the desirable Rancho Las Palmas community near the Silverado Ranch adjacent area, this spacious 2-story home offers an incredible fixer opportunity in a prime Las Vegas location close to Henderson’s best shopping, dining, and entertainment. Featuring 3 bedrooms, 2.5 baths, and a functional floor plan, this home is ready for your personal touch and vision. Enjoy peace of mind with a NEW water heater already installed. The formal living room welcomes you with vaulted ceilings and an impressive entry foyer, while the separate formal dining room is ideal for entertaining. The cozy family room features a fireplace and overlooks the huge backyard with endless possibilities for outdoor living or customization. Upstairs, the spacious owner’s suite offers a large private retreat area and double closets.The retreat area could be converted to a possible 4th bedroom. Community amenities include a pool and spa. Rare opportunity to create your dream home in an amazing location near parks, restaurants, shopping, and easy freeway access!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,777 | 1,890.5 | 38% |
| Lot Size | 6,534 | 6,098 | 51% |
| Price | $415.0K | $420.0K | 48% |
| Price per sq ft | $234 | $237 | 48% |
| Built year | 1988 | 1997 | 12% |
| HOA | $40 | $0 | 63% |
| Days on market | 10 | 626 | 0% |
May 27, 2026
$415,000
Initial Listing
Nov 29, 1990
$130,380
Public Record