706 Lacy Lane, Las Vegas, NV 89107, Las Vegas, 89107 - 4 bed, 3 bath
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Las Vegas, NV 89107
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned well below the $1,038,553 Fair Market Value by 3%. This valuation gap offers $39,553 in Instant Equity. Featuring a 3,541 sqft layout with a detached casita and half-acre lot, the home maintains a Condition Rating of 3. While the non-functional pool requires attention, the flexible floor plan is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living space in central Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 706 Lacy Lane Subject | $999,000* List Price | 4 | 3 | 3,541 | $293 | - |
A 2501 Wimbledon Drive Sold | $999,777 List Price | 4 | 3 | 3,630 | 0.9 mi | |
B 2501 Wimbledon Drive Sold | $1,249,900 List Price | 4 | 3 | 3,630 | 0.9 mi | |
C 3109 Conners Drive Pending | $1,100,000 List Price | 5 | 3 | 3,671 | $300 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1958, the property has undergone significant renovations including modern wood-look tile flooring, recessed lighting, and updated kitchens with stainless steel appliances. The interior is functional and move-in ready; however, the non-functional pool and some DIY-style finishes in the kitchen keep it from an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 3541.
Situated on a rare 0.54-acre lot in central Las Vegas, this property provides exceptional outdoor space and privacy seldom found in such a convenient urban location.
Featuring a detached casita, multiple kitchens, and flexible living areas, the layout is perfectly suited for multi-generational living or high-potential investment opportunities.
The existing inground pool is currently not in use, representing a potentially significant renovation cost for buyers wishing to restore the outdoor amenities.
The listing requires the buyer to verify all improvements and permits, suggesting potential complexities regarding the documentation of the home's extensive expansions.
Beautifully upgraded and expanded single-story property situated on a rare half-acre lot in central Las Vegas! This unique property features multiple living areas, including a detached casita and additional flexible-use rooms—ideal for multi-generational living, independent living setup, or investment potential. The property offers incredible versatility with multiple kitchens, expanded living spaces, and a fire sprinkler system. Spacious backyard includes an existing inground pool currently not in use and ample space to create your own outdoor retreat. Conveniently located near shopping, dining, schools, and freeway access. A rare opportunity with endless possibilities! Buyer to verify all improvements, room count, square footage, permits, and intended use.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 3,541 | 1,661 | 95% |
| Lot Size | 23,522 | 6,534 | 97% |
| Price | $999.0K | $355.0K | 98% |
| Price per sq ft | $282 | $212 | 79% |
| Built year | 1958 | 1963 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 264 | 1% |
May 13, 2026
$999,000
Initial Listing
Jun 28, 1994
$150,000
Public Record