6850 Legalla Lane, Las Vegas, NV 89156, Las Vegas, 89156 - 3 bed, 2 bath
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6850 Legalla Lane
Las Vegas, NV 89156
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,196Sq Ft
6,970Lot Size
Property Price
LIST PRICE$299,900
EST. MARKET VALUE
$297,180
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $299,900—positioned slightly above the $297,180 Fair Market Value. While requiring a cash buyer, the home features No HOA, Gated RV Parking, and a large lot with Mountain and Strip Views. With a Condition Rating of 5, this asset requires significant renovations, offering a clear path to forced appreciation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a value-add project in a high-demand area.
Estimated Market Value
$297,180
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 |
|---|---|---|---|---|---|---|
★ 6850 Legalla Lane Subject | $299,900* List Price | 3 | 2 | 1,196 | $248 | - |
A 6882 Tiffollo Lane Sold | $325,000 | 3 | 2 | 1,300 | $250 | 0.1 mi |
B 6721 Tiffollo Lane Sold | $305,000 | 3 | 2 | 1,196 | $255 | 0.2 mi |
C 1940 Tide Court Sold | $289,000 | 2 | 1 | 1,229 | $235 | 0.8 mi |
D 2294 Ray Kanel Drive Sold | $300,000 | 2 | 2 | 1,065 | $282 | 0.4 mi |
E 2881 Prestonwood Street Sold | $276,000 | 3 | 2 | 1,140 | $242 | 0.9 mi |
F 2866 Galena Peak Lane Sold | $311,000 | 2 | 2 | 1,404 | $222 | 0.8 mi |
G 6741 Solaron Avenue Active | $295,000 List Price | 3 | 2 | 1,256 | $235 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1980 (46 years old) and marketed as an 'investor special' requiring a cash buyer. The description explicitly calls for 'TLC and renovations,' suggesting that the kitchen, bathrooms, and major systems are likely original or significantly outdated and in need of a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- No HOA & RV Parking
The property features no homeowner association fees and includes gated RV parking, offering significant freedom and storage space for boats or recreational vehicles.
- Scenic Views
Positioned near Sunrise Mountain, the lot offers a rare combination of both mountain and Las Vegas Strip views, enhancing its aesthetic appeal and marketability.
- Investment Potential
Priced under $300,000 with 'great bones' and a large lot, this home presents a strong opportunity for a fix-and-flip or a high-yield rental property.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
Marketed as an 'investor special' requiring TLC, the property will need immediate capital investment for repairs and modernization to reach its full value.
- Financing Limitations
The requirement for a cash buyer and a quick sale excludes traditional buyers using FHA or VA loans, narrowing the pool of potential offers.
About 6850 Legalla Lane
Investor special! Great bones in this 3 bed 2 bath single story home, in need of a quick sale and a cash buyer! Lots of potential with a cute little courtyard, and gated RV parking great for a boat, RV or storage. No HOA! Near to Sunrise Mountain, large lot, minutes from Lake Mead, mountain AND Strip views. A little TLC and renovations and you have a great home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Liliam Lujan Hickey Elementary School
Grades PK-5 • 0.6 mi
5/10
Dr. William (Bob) H Bailey Middle School
Grades 6-8 • 0.3 mi
3/10
Sunrise Mountain High School
Grades 9-12 • 0.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,196 | 1,961.945 |
| Lot Size | 6,970 | 6,098 |
| Price | $299.9K | $486.0K |
| Price per sq ft | $251 | $259 |
| Built year | 1980 | 2002 |
| HOA | $0 | $83 |
| Days on market | 15 | 62 |
Pricing History
Listed for Sale
Aug 25, 2026
$299,900
Initial Listing