6729 Drapemaster Avenue, Las Vegas, NV 89156, Las Vegas, 89156 - 4 bed, 4 bath
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6729 Drapemaster Avenue
Las Vegas, NV 89156
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,520Sq Ft
3,920Lot Size
Property Price
LIST PRICE$478,900
EST. MARKET VALUE
$516,800
7% BelowMARKET VALUE
SUMMARY
This Modern Multi-Generational Residence is a Strong Value Opportunity, listed at $478,900—positioned well below the $516,801 Fair Market Value by 7%. This valuation gap provides $37,901 in Instant Equity for the buyer. Built in 2024, the home maintains a Mint Condition Rating and features a versatile Next Gen layout with dual primary suites and unobstructed Las Vegas Strip views. With premium finishes and the rare advantage of no HOA fees, this property balances luxury lifestyle perks with immediate financial upside. It is an ideal acquisition for Owner-Occupants seeking a house-hack setup or Buy-and-Hold Investors targeting a high-quality, low-maintenance asset.
Estimated Market Value
$516,800+$37,900 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6729 Drapemaster Avenue Subject | $478,900* List Price | 4 | 4 | 2,520 | $205 | - |
A 2861 Overlook Brook Street Sold | $465,000 List Price | 4 | 4 | 2,520 | 0.1 mi | |
B 2729 Pavehawk Way Sold | $460,000 | 5 | 3 | 2,328 | $198 | 0.2 mi |
C 6737 Violet Cascade Avenue Sold | $466,900 | 4 | 3 | 1,958 | $238 | 0.3 mi |
D 6769 Magnolia River Avenue Sold | $481,900 | 5 | 3 | 2,328 | $207 | 0.2 mi |
E 6712 Violet Cascade Avenue Sold | $466,900 | 4 | 3 | 1,958 | $238 | 0.3 mi |
F 6794 Magnolia River Avenue Sold | $476,900 | 5 | 3 | 2,328 | $205 | 0.2 mi |
G 2964 Gunnery Forge Street Active | $480,000 List Price | 4 | 4 | 2,520 | $190 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a brand-new 2024 construction in mint condition. The property features modern finishes including white sparkling countertops, contemporary cabinetry, and updated bathroom fixtures. As a new build, all systems (HVAC, electrical, and plumbing) are brand new and require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Strip Views
The property boasts breathtaking, unobstructed views of the Las Vegas Strip and city lights, providing a premium atmosphere for evening relaxation and entertainment.
- Multi-Generational Layout
Featuring a 'Next Gen' style floor plan with two primary suites—including a downstairs studio-style suite—this home offers exceptional flexibility for guests or multi-generational living.
- New Construction & No HOA
Built in 2024, this modern home features high-end finishes like epoxy garage floors and custom closets, all while benefiting from the rare advantage of having no monthly association fees.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 3994.
- Limited Outdoor Space
With a lot size of just 3,920 square feet, the backyard space is relatively compact, which may not suit buyers looking for significant private outdoor recreation areas.
- Peripheral Location
Situated in the far eastern 89156 zip code, the property is further from the city's primary employment hubs and luxury amenities compared to more central or western master-planned communities.
About 6729 Drapemaster Avenue
Experience the Las Vegas Lifestyle from your own backyard with breathtaking Strip Views that come alive every night!Nex Gen Like, 2 Stunning Owner suties one upstairs and one downstairs set up like a studio, 3.5-bath home offering breathtaking city light views! This beautifully designed property features bright, open living spaces and gorgeous white sparkling countertops that elevate the kitchen into a true showpiece. Epoxy garage floor, 2 semi custom walk in closets, Perfect for entertaining or relaxing under the Las Vegas skyline, this home combines comfort, elegance, and functionality. Owner suite downstais with full bath!! Modern finishes, and incredible nighttime views make this a must-see! Buyers don’t miss your chance to own more for less!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,520 | 1,961.945 |
| Lot Size | 3,920 | 6,098 |
| Price | $478.9K | $486.0K |
| Price per sq ft | $190 | $259 |
| Built year | 2024 | 2002 |
| HOA | $0 | $83 |
| Days on market | 168 | 62 |
Pricing History
Listed for Sale
Mar 25, 2026
$478,900
Initial Listing