6520 North Tenaya Way, Las Vegas, NV 89131, Las Vegas, 89131 - 2 bed, 1 bath
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6520 North Tenaya Way
Las Vegas, NV 89131
ACTIVE
CONDITION: FAIR
2Beds
1Baths
800Sq Ft
102,366Lot Size
Property Price
LIST PRICE$2,200,000
SUMMARY
Analysis of 6520 North Tenaya Way, Las Vegas, NV 89131 is currently available with a list price of $2,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1990, making it 34 years old, which aligns with the 'fair' condition criteria for homes built 25-40 years ago without major renovations. The residential component is a modest 800 sq. ft. caretaker's apartment located within the horse barn, likely featuring dated 1990s-era finishes and systems. While the equestrian facilities appear functional in aerial imagery, the listing agent's note regarding 'cleaning up' and the lack of interior photos suggest the living quarters are in an aged state requiring minor updates or cosmetic repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 102366, living area = 800.
- Premier Equestrian Facilities
The property is a turnkey horse facility featuring a massive 260x130 lighted arena, 19 total stalls with turnouts, and specialized cattle pens, catering perfectly to professional or serious equestrian enthusiasts.
- Significant Expansion Potential
Situated on 2.35 acres with the adjacent 2.35-acre lot also available for purchase, this property offers a rare opportunity to assemble a massive 4.7-acre private compound in Las Vegas.
CONSRISKS & DEFICIENCIES
- Limited Primary Living Space
The current residential footprint is limited to an 800 sqft apartment, which may not meet the needs of buyers looking for a traditional luxury home without substantial additional construction.
- Infrastructure Age
Built in 1990 and currently requiring 'cleaning up,' the property may necessitate capital improvements or modernization to its specialized facilities to meet contemporary standards.
About 6520 North Tenaya Way
2.35 acres --- full arena { 260x130 } with lights -- water -- return lane-- cattle pen is 100x12---horse barn has 9 horse stalls with 24x12 turnouts --- 10 stalls/pens outside ---care takers apartment located in the horse barn features a full bathroom-- 2 bedrooms---full kitchen ! --separate 2 car garage ---chicken coup --- fully fenced -- next door is an additional 2.35 acres --owned by family member { mls #2760104} -- owners would love to see the properties sold together--- a very unique & interesting property ! still photos up by next week, doing some cleaning up !! thank you
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 102,366 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 800 | 1,961.945 |
| Lot Size | 102,366 | 6,098 |
| Price | $2.20M | $486.0K |
| Price per sq ft | $2.8K | $259 |
| Built year | 1990 | 2002 |
| HOA | $0 | $83 |
| Days on market | 195 | 62 |
Pricing History
Listed for Sale
Feb 26, 2026
$2,200,000
Initial Listing