622 North Parawan Street, Henderson, NV 89015, Henderson, 89015 - 13 bed, 9 bath
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Henderson, NV 89015
Analysis of 622 North Parawan Street, Henderson, NV 89015 is currently available with a list price of $2,500,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Henderson Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Although built in 2002, the primary 11,000 sqft residence is an unfinished construction project that is currently only framed. It lacks finished kitchens, bathrooms, and internal systems, requiring a full build-out/rehab to be livable. The existing guest house does not offset the incomplete state of the main structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 81022, living area = 11225.
The property sits on a premier nearly two-acre lot offering sweeping, unobstructed views of the Las Vegas Valley and the western mountain range, providing a high-value backdrop for a luxury estate.
With the 11,000-square-foot main residence and 1,500-square-foot guest house already framed and utilities on-site, the buyer has a rare head start to finish a massive custom masterpiece to their exact specifications.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 11225, other record living area = 9729. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 13, other record bedroom count = 7.
The property is currently in a framed state, requiring a significant additional investment of capital, time, and project management to complete the residence and make it habitable.
The massive 13-bedroom scale and the specialized nature of a stalled construction project may limit the pool of potential buyers to those with extensive development experience and liquid capital.
An Extraordinary Opportunity to Create a Landmark Estate Perched on a premier nearly two-acre homesite with sweeping panoramic views of the Las Vegas Valley and the majestic western mountain range, this custom luxury estate presents a rare opportunity to complete a one-of-a-kind masterpiece tailored to your vision. Already framed and featuring all utilities onsite, the expansive 11,000-square-foot residence offers an exceptional foundation for a truly spectacular custom home. Designed for grand-scale living and entertaining, the estate includes a separate 1,500-square-foot guest house, providing ideal accommodations for guests, extended family, or private office space. Outdoor amenities are equally impressive, highlighted by a collegiate-size basketball court and ample space to create the ultimate resort-style backyard, complete with a custom pool, spa, and outdoor living areas. With its commanding setting, unparalleled views, and limitless potential for customization, this estate is poised to become one of the area's most distinguished residences. Bring your vision to life and create a legacy property unlike any other in the valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 13.0 | 0.0 |
| Baths | 9.0 | 0.0 |
| Square foot | 11,225 | - |
| Lot Size | 81,022 | - |
| Price | $2.50M | $527.3K |
| Price per sq ft | $223 | $279 |
| Built year | 2002 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 2555 |
Jul 13, 2026
$2,500,000
Initial Listing