
Las Vegas, NV 89110
This High-Potential Investment Opportunity is listed at a List Price of $430,000, positioned above the $409,589 Fair Market Value. While the property requires modernization due to its Fair Condition Rating, it offers significant value-add potential through cosmetic updates. Key features include a private pool, RV parking, and no HOA, providing rare utility in the Las Vegas market. Despite lower-rated local schools, the functional single-story layout and flexible zoning make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5614 Grossmont Avenue Subject | $430,000* List Price | 4 | 2 | 1,478 | $277 | - |
A 1082 Palmerston Street Sold | $375,000 | 3 | 2 | 1,416 | $265 | 0.4 mi |
B 6230 Desert Sun Drive Sold | $360,000 | 3 | 2 | 1,324 | $272 | 0.8 mi |
C 4829 Lakestream Avenue Sold | $320,000 List Price | 3 | 2 | 1,230 | 1.0 mi | |
D 4828 Lakestream Avenue Sold | $370,000 | 4 | 2 | 1,512 | $245 | 1.0 mi |
E 6130 Desert Sun Drive Sold | $376,000 | 3 | 2 | 1,382 | $272 | 0.7 mi |
F 6130 DESERT SUN Drive Sold | $376,000 | 3 | 2 | 1,382 | $272 | 0.7 mi |
G 5540 Rabbit Springs Road Pending | $439,000 List Price | 4 | 2 | 1,795 | $245 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is nearly 40 years old and retains many original features including popcorn ceilings and dated oak kitchen cabinetry. While the laminate flooring is a recent update and the home appears functional and move-in ready, the overall aesthetic and systems are dated (>20 years), requiring modernization and minor cosmetic repairs to meet current market standards.
The property features a private pool and dedicated RV parking, offering a rare combination of summer recreation and utility storage that is highly sought after in the Las Vegas market.
With no Homeowners Association, residents enjoy greater freedom over their property and lower monthly carrying costs, providing a significant financial and lifestyle advantage.
This four-bedroom, single-story home includes a private enclosed front yard and a wood-burning fireplace, offering a secure and accessible floor plan ideal for families or those seeking privacy.
The property is zoned for schools with lower academic ratings, specifically Eldorado High School (2/10), which may impact long-term resale value and appeal to education-focused families.
Built in 1985 and noted for its 'significant potential,' the home likely requires additional capital investment to update the bedrooms and original fixtures to meet modern aesthetic standards.
This stunning four-bedroom, single-story home is perfect for the summer and features a private pool, RV parking, and no HOA. The property includes a private enclosed front yard and an inviting living room with a wood-burning fireplace. The interior features laminate flooring throughout, with the exception of the bedrooms. The outdoor space serves as a private retreat, ideal for family gatherings and staying cool during the warmer months. Conveniently located near schools, shopping centers, and restaurants, this home offers significant potential. Please let me know if you would like to schedule a viewing or if you have any questions.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 1.8 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,478 | - |
| Lot Size | 6,970 | - |
| Price | $430.0K | $474.8K |
| Price per sq ft | $291 | $257 |
| Built year | 1985 | 0 |
| HOA | $0 | $0 |
| Days on market | 65 | 526 |
May 18, 2026
$430,000
Initial Listing