6975 Obannon Drive, Las Vegas, NV 89117, Las Vegas, 89117 - 5 bed, 4 bath
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Las Vegas, NV 89117
This property presents a High-Potential Investment Opportunity with a List Price of $860,000—positioned well above the $813,831 Fair Market Value by 5%. While the property requires modernization due to its Fair Condition Rating, the expansive 0.49-acre lot and 5-bedroom, 4-bathroom layout offer significant value-add potential. Featuring a private pool, spa, and cabana, this asset is primed for a residential conversion. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to restore this unique, multi-generational space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6975 Obannon Drive Subject | $825,000* List Price | 5 | 4 | 2,955 | $279 | - |
A 7045 Edna Avenue Sold | $875,000 | 3 | 2 | 2,916 | $300 | 0.8 mi |
B 1505 Ten Palms Court Sold | $950,000 | 5 | 4 | 3,727 | $255 | 0.9 mi |
C 2784 Belcastro Street Active | $854,900 List Price | 5 | 4 | 2,576 | $332 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old and shows significant dating. The kitchen features original or very old oak cabinetry and appliances, and the interior retains popcorn ceilings and commercial-grade fluorescent lighting from its time as a care facility. While the flooring has been updated and solar panels added, the kitchen and bathrooms require comprehensive modernization to meet current residential standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 2955.
The property sits on a rare 0.49-acre lot with no HOA, offering exceptional privacy, space for outdoor activities, and the freedom to customize the grounds without restrictive association rules.
With 5 bedrooms, 4 bathrooms, and a layout featuring two distinct living areas, this home is perfectly configured for multi-generational families or those seeking a flexible floor plan for guests or home offices.
Previously utilized as an assisted living facility and daycare, the interior may require significant cosmetic or structural modifications to restore a traditional residential ambiance and remove institutional features.
Built in 1979, the property may require updates to major systems and energy efficiency components to meet modern standards, potentially leading to higher maintenance or renovation costs.
Discover unparalleled space and privacy at 6975 Obannon Drive, a true Las Vegas gem! This remarkable 5-bedroom, 4-bathroom single-story home boasts nearly 3,000 sq ft of comfortable living, set on an expansive 0.49-acre lot. Step into your private outdoor oasis featuring a sparkling pool, relaxing spa, and inviting cabana – perfect for entertaining or unwinding in the Las Vegas sunshine. Inside, the versatile layout offers the potential for two distinct living areas, ideal for multi-generational families or flexible use. property as previously used as an assistant living facility and a Daycare. Located in the heart of Las Vegas, enjoy easy access to everything the city has to offer. This is an incredible opportunity to own a unique property with endless possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,955 | - |
| Lot Size | 21,344 | - |
| Price | $825.0K | $474.8K |
| Price per sq ft | $279 | $257 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 70 | 526 |
Jul 22, 2026
$825,000
$850,000
-3% Price Drop
Initial Listing
Jun 27, 2026
$850,000
$860,000
-1% Price Drop
Initial Listing
May 13, 2026
$860,000
Initial Listing