6516 Sterling Springs Parkway, Las Vegas, NV 89108, Las Vegas, 89108 - 3 bed, 3 bath
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Las Vegas, NV 89108
This property presents a High-Potential Investment Opportunity with a List Price of $429,900—positioned well below the $418,738 Fair Market Value by -2%. Featuring a Fair Condition Rating (1989 build), this home serves as a functional handyman's dream with a versatile downstairs bedroom and office conversion. While school ratings in the immediate area are modest, the low $31 HOA fee and proximity to major retail hubs ensure long-term utility. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6516 Sterling Springs Parkway Subject | $429,900* List Price | 3 | 3 | 1,922 | $218 | - |
A 2512 Charteroak Street Sold | $460,000 | 4 | 3 | 1,726 | $267 | 0.5 mi |
B 2624 Cathedral Lane Sold | $415,000 | 3 | 3 | 2,110 | $197 | 0.3 mi |
C 6612 Tampa Court Sold | $378,000 | 4 | 3 | 2,250 | $168 | 0.8 mi |
D 6556 Figtree Road Sold | $325,000 | 3 | 2 | 1,339 | $243 | 0.6 mi |
E 2512 CHARTEROAK Street Sold | $460,000 | 4 | 3 | 1,726 | $267 | 0.5 mi |
F 2624 SHAKESPEARE Road Sold | $407,500 | 3 | 2 | 1,622 | $251 | 0.4 mi |
G 2624 Shakespeare Road Sold | $407,500 | 3 | 2 | 1,622 | $251 | 0.4 mi |
H 6604 CHARDONAY Way Sold | $375,000 | 3 | 2 | 1,457 | $257 | 0.9 mi |
I 6672 Golden Pond Circle Active | $430,000 List Price | 3 | 3 | 1,887 | $228 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (37 years old), the property exceeds the 30-year age threshold for the poor category. The description as a 'handyman's dream' suggests that the kitchen, bathrooms, and major systems are original and require significant rehab or updates.
Priced under $230 per square foot with an exceptionally low HOA fee of $31, this property offers significant affordability and value compared to similar-sized homes in the Las Vegas area.
The floor plan includes a highly desirable downstairs bedroom with a full bath and a converted office/guest room, making it ideal for multi-generational living or remote professionals.
The property is situated in a quiet, safe community with easy freeway access and is within walking distance to major retail hubs including Smith's and Walmart.
The assigned middle and high schools carry low ratings (2 and 3 respectively), which may be a concern for families prioritizing educational performance.
Built in 1989, the home may require cosmetic modernizations or system updates to meet the aesthetic and efficiency standards of newer residential inventory.
Great opportunity for new home owners. Below $230/sqft. This is an owner's house and well maintained without any problems. It could be any handyman's dream house with two storages. Easy access to freeway and walking distance to close by Smith's grocery or Walmart. Downstair bedroom with a full bath. Family room is converted to an office or guest room. Easy to maintain desert landscape. Very quiet neighborhood and safe community with very low HOA fees.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,922 | - |
| Lot Size | 4,356 | - |
| Price | $429.9K | $474.8K |
| Price per sq ft | $224 | $257 |
| Built year | 1989 | 0 |
| HOA | $31 | $0 |
| Days on market | 9 | 526 |
Jul 13, 2026
$429,900
Initial Listing
Jun 9, 2011
$196,772
Public Record
Nov 30, 1999
$137,000
Public Record