6952 Peggy Drive, Las Vegas, NV 89145, Las Vegas, 89145 - 3 bed, 4 bath
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Las Vegas, NV 89145
This High-Utility Value-Add Residence represents a Strong Value Opportunity listed at $399,999—positioned well below the $403,954 Fair Market Value by 1%. This valuation gap provides $3,955 in Instant Equity. Boasting a rare 3-bedroom, 4-bathroom layout and $0 HOA Fees, the property offers significant functional density and monthly savings. While the Condition Rating of 4 indicates a need for modernization, the proximity to 7/10 rated schools like Helen M Smith Elementary ensures long-term stability. It is an ideal project for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6952 Peggy Drive Subject | $399,999* List Price | 3 | 4 | 1,778 | $227 | - |
A 804 VINCENT Way Sold | $400,000 | 4 | 2 | 1,898 | $211 | 0.2 mi |
B 7116 Michael Collins Place Sold | $411,500 | 4 | 2 | 1,519 | $271 | 0.3 mi |
C 7701 Pheasant Lane Sold | $358,000 | 3 | 2 | 1,620 | $221 | 0.7 mi |
D 6949 Marseilles Circle Sold | $330,000 List Price | 3 | 2 | 1,784 | 0.0 mi | |
E 708 Vincent Way Pending | $485,000 List Price | 5 | 4 | 1,778 | $273 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 (54 years old), the property is described as having 'great potential,' a common indicator of a dated interior. Exterior photos show older roof-mounted HVAC units and original-style windows, suggesting the home is functional but requires significant cosmetic updates and likely system overhauls to meet modern standards.
The property features a $0 association fee, offering significant monthly savings and greater flexibility for homeowners compared to many surrounding Las Vegas developments.
With four bathrooms for a three-bedroom residence, this home provides an unusually high level of convenience and privacy for residents and guests alike.
The home is situated within a mile of highly-rated schools, including Helen M Smith Elementary and Walter Johnson Junior High, both boasting a 7/10 rating.
Built in 1970, the property may require capital improvements or modernization of major systems to meet current energy efficiency and aesthetic standards.
While some nearby schools are high-performing, others in the immediate area have ratings as low as 2 or 3, which may impact long-term resale value for families.
Charming home located in a desirable Las Vegas area. Perfect for buyers looking for a solid property with great potential. Enjoy easy access to nearby amenities and a convenient lifestyle. Schedule your showing today.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 76% |
| Square foot | 1,778 | 1,898 | 45% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $400.0K | $407.5K | 44% |
| Price per sq ft | $225 | $256 | 40% |
| Built year | 1970 | 1993 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 447 | 1% |
Apr 17, 2026
$399,999
Initial Listing