
North Las Vegas, NV 89031
This property presents a High-Potential Investment Opportunity with a List Price of $299,900—positioned well below the $309,394 Fair Market Value by 3%. This valuation gap offers $9,494 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a functional 2,110 sqft floor plan, this asset requires comprehensive remediation to unlock its full rental or resale potential. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a community with established amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6037 Mazeno Peak Street Subject | $299,900* List Price | 3 | 3 | 2,110 | $147 | - |
A 5809 Post Mountain Street Sold | $345,000 | 3 | 3 | 2,146 | $161 | 0.3 mi |
B 5428 Indian Rose Street Pending | $250,000 List Price | 3 | 2 | 1,375 | $182 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although built in 2008, the property is in significant disrepair with broken windows, a boarded-up garage, and interior damage. The listing explicitly states it requires remediation and renovation, indicating safety and habitability issues that necessitate a full rehab.
The 2,110 sqft layout features a functional design with an upstairs laundry room and a spacious primary suite equipped with a separate soaking tub and shower.
Situated in the Sierra Ranch community, the property offers access to extensive neighborhood features including parks, playgrounds, basketball courts, and BBQ areas.
Priced competitively for the area, this property presents a prime opportunity for investors to build equity through renovation and remediation in a desirable location.
The home requires significant renovation and remediation work and is being sold strictly in as-is condition, implying substantial upfront repair costs.
The listing is restricted to cash-only offers, which eliminates traditional financing options and limits the buyer pool to those with immediate liquid capital.
Welcome to this investor-friendly opportunity in the desirable Sierra Ranch community. This home is being offered CASH ONLY and presents an excellent opportunity for a buyer looking to renovate, remediate, and potentially add value. The thoughtfully designed floor plan features a convenient half-bath downstairs, with the primary suite and two additional bedrooms located upstairs. The spacious primary bedroom includes an ensuite bathroom with a separate soaking tub and shower. Two additional upstairs bedrooms share a full bathroom, while the upstairs laundry room provides added convenience. The home also offers a private backyard with artificial turf and is situated in a community with nearby parks, playgrounds, basketball courts, and BBQ areas. Its convenient location provides easy access to schools, the freeway, shopping, dining, and everyday amenities. The property does require renovation and remediation work and is being sold AS-IS in its current condition. With the right vision, improvements, and TLC, this property has the potential to become a great home or investment. The price has been adjusted accordingly to reflect the work needed. Buyers are encouraged to perform their own due diligence.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,110 | 1,858.367 |
| Lot Size | 3,920 | 5,663 |
| Price | $299.9K | $431.0K |
| Price per sq ft | $142 | $230 |
| Built year | 2008 | 2005 |
| HOA | $101 | $69 |
| Days on market | 13 | 61 |
Aug 27, 2026
$299,900
Initial Listing