6353 Formula Way, Las Vegas, NV 89146, Las Vegas, 89146 - 3 bed, 2 bath
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Las Vegas, NV 89146
This Single-Story Residential Property represents a High-Potential Investment Opportunity, listed at $389,900—positioned well above the $338,045 Fair Market Value by -15%. While the list price exceeds current market estimates, the home features Recent Interior Upgrades including new LVP flooring and carpet, maintaining a Fair Condition Rating. With No HOA Fees and a generous 5,663 sq ft lot, the property offers significant flexibility for future enhancements. This residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a central location near the Las Vegas Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6353 Formula Way Subject | $399,900* List Price | 3 | 2 | 1,536 | $232 | - |
A 6353 Cobalt Lane Active | $425,000 List Price | 3 | 2 | 1,951 | $218 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is well-maintained and move-in ready with recent cosmetic upgrades including new LVP flooring and carpet. However, it remains 'Fair' due to its age and dated features such as popcorn ceilings and mirrored closet doors, suggesting that while functional, the kitchen, baths, and major systems likely exceed the 20-year mark for a full modernization.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
The home features brand new Luxury Vinyl Plank flooring in wet areas and upgraded carpeting throughout, providing a fresh, move-in-ready aesthetic for the new owner.
With an association fee of $0, this property offers significant monthly cost savings and greater homeowner freedom compared to many surrounding Las Vegas communities.
The immediate assigned schools, such as Bonanza High and Garside Junior High, have lower performance ratings, which may be a concern for families prioritizing education.
Built in 1989, the property may soon require capital improvements for original major systems like the roof or HVAC, which are not noted as recently replaced.
Discover an exceptional opportunity in this charming single-story home, perfectly situated for convenience and comfort. This thoughtfully designed home offers three spacious bedrooms plus den area and two full bathrooms, providing ample space for relaxation and daily living. The well-appointed interior spans 1,536 square feet, with vaulted ceilings and a fireplace. New Luxury Vinyl Plank flooring in the kitchen, bathrooms, entry and laundry room plus new upgraded carpet thru-out the rest of the home creating an inviting atmosphere that blends functionality with aesthetic appeal. Enjoy the generous outdoor space, encompassing a lot size of 5,663 sq ft. ideal for outdoor activities and room for a pool! This property just West of the Famous Las Vegas Strip ensures that residents can easily access the best the city has to offer, from the best entertainment to world class dining and shopping. The surrounding neighborhood provides parks, schools, college, Chinatown and further West to Summerlin. This residence presents a unique opportunity to embrace a fulfilling lifestyle in a desirable locale.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,536 | - |
| Lot Size | 5,663 | - |
| Price | $399.9K | $474.8K |
| Price per sq ft | $260 | $257 |
| Built year | 1989 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 526 |
Jun 28, 2026
$399,900
$389,900
+3% Price Increase
Initial Listing
Jun 5, 2026
$389,900
Initial Listing