7009 Mountain Meadow Lane, Las Vegas, NV 89147, Las Vegas, 89147 - 3 bed, 2 bath
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Las Vegas, NV 89147
This Spring Valley Townhouse represents a High-Potential Investment Opportunity with a List Price of $279,990—positioned well below the $417,412 Fair Market Value by 32%. This significant valuation gap provides $137,422 in Instant Equity for buyers ready to modernize this Fair Condition Rating asset. Featuring a rare No HOA status, assumable solar, and a private patio, the property offers high rental demand in a prime location near the Strip. It is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7009 Mountain Meadow Lane Subject | $279,990* List Price | 3 | 2 | 1,024 | $408 | - |
A 7053 Mountain Meadow Lane Sold | $340,000 | 3 | 2 | 1,024 | $332 | 0.1 mi |
B 7091 Kenwood Street Sold | $325,000 | 3 | 2 | 1,060 | $307 | 0.4 mi |
C 4744 Willow Crest Avenue Sold | $320,000 | 2 | 2 | 1,024 | $313 | 0.1 mi |
D 4423 Pinegrove Street Sold | $225,000 List Price | 3 | 2 | 1,024 | 0.5 mi | |
E 4339 Pinegrove Street Sold | $208,000 | 2 | 1 | 854 | $244 | 0.5 mi |
F 6998 Sylvan Oak Drive Active | $329,900 List Price | 3 | 2 | 1,024 | $322 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this property is functional but shows significant signs of age. The kitchen features dated cabinetry and basic white appliances rather than modern upgrades. While the ceramic tile flooring is a durable maintenance choice, the exterior landscaping is overgrown and the overall aesthetic reflects a lack of recent comprehensive renovation, placing it firmly in the fair category.
The absence of a Homeowners Association (HOA) provides significant monthly savings and greater property freedom, a rare and highly sought-after feature for townhomes in the Las Vegas market.
Situated in the heart of Spring Valley, the property offers exceptional proximity to the Las Vegas Strip, Chinatown, and major transport links, ensuring strong long-term desirability.
The inclusion of assumable solar panels provides a proactive solution for managing high desert utility costs, offering the new owner immediate potential for energy savings.
At 1,024 square feet for a three-bedroom configuration, the interior living areas and individual bedrooms may feel constrained compared to modern residential standards.
The solar panels are financed rather than owned outright, requiring the buyer to assume a debt obligation which may impact debt-to-income ratios during the mortgage qualification process.
No HOA, Single story, 3bd 2 bth home with a 1 car attached garage and an attached carport in the heart of Spring Valley. Easy maintenance ceramic tile throughout with Financed assumable solar. A must see!! At this price it wont last long!!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,024 | 1,496 | 13% |
| Lot Size | 3,485 | 3,160 | 52% |
| Price | $280.0K | $322.5K | 35% |
| Price per sq ft | $273 | $228 | 89% |
| Built year | 1978 | 1996 | 17% |
| HOA | $0 | $74 | 46% |
| Days on market | 79 | 1038 | 2% |
Feb 2, 2026
$279,990
Initial Listing