5594 Chestnut Street, Las Vegas, NV 89119, Las Vegas, 89119 - 1 bed, 2 bath
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Las Vegas, NV 89119
This property represents a High-Potential Investment Opportunity with a List Price of $299,999—positioned well below the $354,727 Fair Market Value by 15%. This valuation gap offers $54,728 in Instant Equity for buyers prepared to address the Poor Condition Rating and non-standard layout. Despite the need for rehabilitation, the asset features Solar Panels, a Newer A/C, and Gated RV Parking on a large lot. This value-add project is perfectly suited for Fix-and-Flip Investors or Contractors looking to capitalize on a high-equity Las Vegas acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5594 Chestnut Street Subject | $299,999* List Price | 1 | 2 | 1,418 | $250 | - |
A 2184 Sunnyslope Avenue Sold | $320,000 | 3 | 2 | 1,224 | $261 | 0.3 mi |
B 2297 Casey Drive Sold | $370,000 | 3 | 2 | 1,347 | $275 | 0.5 mi |
C 2297 CASEY Drive Sold | $370,000 | 3 | 2 | 1,347 | $275 | 0.5 mi |
D 2196 WHIPPLETREE Avenue Sold | $290,000 | 3 | 2 | 1,396 | $208 | 0.4 mi |
E 2196 Whippletree Avenue Sold | $290,000 | 3 | 2 | 1,396 | $208 | 0.4 mi |
F 2196 WHIPPLETREE Avenue Sold | $290,000 | 3 | 2 | 1,396 | $208 | 0.4 mi |
G 2102 E Russell Road Active | $374,900 List Price | 3 | 2 | 1,418 | $264 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'Fixer Upper' and requires substantial rehabilitation to address a non-standard layout, including a garage conversion and merged rooms. While it features some high-value updates such as granite countertops, solar panels, and a newer A/C unit, the 1973 build and the need for significant investment to restore functional utility and modern standards place it in the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1418.
The property features a large 8,276 sqft lot with gated, paved RV parking and no HOA restrictions, providing exceptional flexibility for vehicle storage and lifestyle freedom.
Equipped with a fairly new A/C unit and solar energy savings, the home addresses two major high-ticket items that reduce long-term ownership costs.
The original 4-bedroom floor plan has been heavily modified with a garage conversion and merged rooms, which may present challenges for traditional financing or appraisal values.
Explicitly listed as a fixer-upper, the property requires significant additional investment and renovation to reach its full market potential and modern living standards.
Fixer Upper!! No HOA! Single Story Home original built 4BD/ 2Bth 2 Car Garage- Now converted to 1 Huge Primary Room, 2 3/4 Baths- 2BD 9x9- 3BD Converted Garage. Large Custom Kitchen granite countertops, Breakfast bar, Wood Fireplace in Family Room custom stone wall, Stone flooring throughout living room, Security Rolling Shutters on most of Windows- Gated RV Parking paved with plenty of space for multiple cars, Boat- Fairly New A/C unit-Solar energy savings! Large Backyard. Plenty of potential to be renovated to your Dream Home.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,418 | 1,548 | 36% |
| Lot Size | 8,276 | 6,970 | 76% |
| Price | $300.0K | $375.0K | 35% |
| Price per sq ft | $212 | $248 | 39% |
| Built year | 1973 | 1979 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 1055 | 2% |
Feb 7, 2026
$299,999
Initial Listing
Dec 24, 1998
$98,000
Public Record