561 Bonita Avenue, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 2 bath
Loading property details...
561 Bonita Avenue
Las Vegas, NV 89104
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,449Sq Ft
7,841Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$369,540
5% BelowMARKET VALUE
SUMMARY
This Mid-Century Single-Family Residence is a Strong Value Opportunity, listed at $350,000—positioned well below the $369,540 Fair Market Value by 5%. This valuation gap offers $19,540 in Instant Equity. Featuring a Condition Rating of 3, the home blends vintage character with modern updates like a remodeled primary bath. With a large 7,841 sqft lot, No HOA, and iconic Strat tower views, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a central, high-potential location.
Estimated Market Value
$369,540+$19,540 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 561 Bonita Avenue Subject | $350,000* List Price | 3 | 2 | 1,449 | $255 | - |
A 549 Bonita Avenue Sold | $390,000 | 3 | 2 | 1,533 | $254 | 0.0 mi |
B 801 Griffith Avenue Sold | $389,900 | 2 | 2 | 1,537 | $254 | 0.4 mi |
C 2312 Beverly Way Sold | $345,000 | 3 | 2 | 1,240 | $278 | 0.3 mi |
D 1436 Bracken Avenue Sold | $400,000 | 4 | 2 | 1,554 | $257 | 0.9 mi |
E 1012 Jessica Avenue Sold | $350,000 | 4 | 2 | 1,341 | $261 | 0.7 mi |
F 817 Canosa Avenue Sold | $335,000 | 3 | 1 | 1,149 | $292 | 0.3 mi |
G 1314 Jessica Avenue Sold | $356,000 | 4 | 3 | 1,287 | $277 | 0.9 mi |
H 1808 8th Place Active | $389,000 List Price | 2 | 2 | 1,491 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1962, the home features significant contemporary updates including new laminate flooring, fresh paint, and a fully remodeled primary bathroom. The kitchen is functional and move-in ready, though it retains some vintage elements like the electric coil cooktop and stained-glass cabinetry. Overall, the property is well-maintained and avoids the 'Fair' category due to the recent cosmetic renovations.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1449.
- Historic Charm with Modern Updates
This mid-century home perfectly blends 'Vintage Vegas' character with contemporary upgrades, including a remodeled primary bathroom and a chef-inspired kitchen with distinctive stained-glass cabinetry.
- Exceptional Outdoor Space & No HOA
The property features a rare 7,841 sqft lot with real green grass and no HOA restrictions, providing significant freedom and a spacious backyard retreat with direct views of the iconic Strat tower.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1962, the property may require more frequent maintenance or future capital improvements to its original systems compared to newer builds in the valley.
- Local School Ratings
The assigned high school carries a low rating of 2/10, which could be a deterrent for families focused on the quality of the local public school district.
About 561 Bonita Avenue
Welcome to Vintage Vegas Charm! Nestled in one of Las Vegas’ most historic neighborhoods, this rare mid-century single-story home offers timeless character, lush landscaping & something you rarely find in our valley—a spacious front yard and backyard with real, green grass & NO HOA! Step inside to discover classic charm, generous living spaces & the ease of single-story living with no stairs to worry about. There is a fabulous chef-inspired kitchen with distinctive stained-glass cabinetry & a pass-through window offering stunning views of the peaceful yard, creating an open connection to the living spaces. The beautifully remodeled primary bathroom delivers a spa-like retreat, thoughtfully updated giving a serene, luxurious feel. Adding to the home's inviting character, the fireplace creates a warm & welcoming focal point in the living area, perfect for cozy evenings or gathering with family & friends. This home presents a seamless blend of character & contemporary updates, with a bright & inviting floor plan designed for comfortable everyday living. Step outside to a sprawling backyard retreat designed for relaxation & entertaining. A convenient storage shed provides additional space for tools & outdoor essentials, while the spacious two-car garage & oversized driveway offer plenty of room for parking. Enjoy a stunning direct view of the iconic Strat tower, adding a one-of-a-kind backdrop to this private retreat. Ideally located just minutes from the vibrant Arts District, Downtown Las Vegas, the world-famous Las Vegas Strip, Harry Reid International Airport & more, this home places you in the heart of it all, with easy access to some of the city’s best dining, entertainment, attractions & everyday conveniences. A rare opportunity to own a piece of Vintage Vegas with timeless character, expansive outdoor space & an unbeatable location—truly a home that is special inside & out.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 7,841 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
Las Vegas Unified Schools
John S Park Elementary School
Grades PK-5 • 0.5 mi
5/10
John C Fremont Middle School
Grades 6-8 • 0.6 mi
5/10
Valley High School
Grades 9-12 • 1.7 mi
2/10
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 | 1,449 | 1,961.945 |
| Lot Size | 7,841 | 6,098 |
| Price | $350.0K | $486.0K |
| Price per sq ft | $242 | $259 |
| Built year | 1962 | 2002 |
| HOA | $0 | $83 |
| Days on market | 10 | 62 |
Pricing History
Listed for Sale
Aug 30, 2026
$350,000
Initial Listing