
Las Vegas, NV 89108
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well above the $267,895 Fair Market Value by -49%. Given the Poor Condition Rating and necessary interior rehab, this asset requires a strategic renovation budget. The lack of HOA fees and proximity to highly-rated elementary schools provide a solid foundation for value-add projects. This property is a complex acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing solar panel debt and comprehensive interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6224 chinook way Subject | $399,000* List Price | 3 | 2 | 1,520 | $190 | - |
A 6224 Mandarin Drive Sold | $403,000 | 4 | 2 | 1,618 | $249 | 0.3 mi |
B 6633 Gazelle Drive Sold | $384,000 | 3 | 3 | 1,260 | $305 | 1.0 mi |
C 1208 Lucky Gold Court Sold | $380,000 | 4 | 3 | 1,591 | $239 | 0.7 mi |
D 1117 CORAL ISLE Way Sold | $385,000 | 3 | 2 | 1,300 | $296 | 0.3 mi |
E 912 Smith Street Sold | $370,000 | 3 | 2 | 1,575 | $235 | 0.5 mi |
F 6240 Mandarin Drive Pending | $299,900 List Price | 4 | 2 | 1,618 | $185 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1986 (38 years old) with no recorded renovations, placing it in the 'Poor' age bracket. Visible popcorn ceilings and dated interiors suggest a lack of modern updates, while the exterior debris and heavy interior clutter indicate the property likely requires a full rehab to meet current market standards.
The property is free from HOA fees and regulations, offering the homeowner significant monthly savings and the freedom to manage their property without restrictive covenants.
Ideally situated for families, the home is within walking distance (less than 0.4 miles) of two elementary schools, including the highly-rated Vail Pittman Elementary.
The inclusion of solar panels provides a sustainable energy solution that can significantly offset utility costs in the demanding Las Vegas desert climate.
The solar panels carry an outstanding balance that must be addressed during the sale, which may complicate financing or require additional buyer negotiations.
The assigned middle and high schools have lower academic ratings (3 and 2 respectively), which may be a drawback for education-focused buyers and impact future resale value.
There is no HOA for the property. There are no HOA fees. There are solar panels with a balance owed. THIS LISTING AND PROPERTY SALE IS SUBJECT TO PROBATE COURT APPROVAL
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,520 | 1,579 | 46% |
| Lot Size | 5,200 | 6,534 | 32% |
| Price | $399.0K | $349.0K | 70% |
| Price per sq ft | $262 | $225 | 71% |
| Built year | 1986 | 1984 | 54% |
| HOA | $10 | $0 | 76% |
| Days on market | 36 | 992 | 0% |
May 22, 2026
$399,000
$400,000
+0% Price Increase
Initial Listing
May 11, 2026
$400,000
Initial Listing