7116 Painted Paradise Street, Las Vegas, NV 89131, Las Vegas, 89131 - 3 bed, 2 bath
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Las Vegas, NV 89131
This Single-Story Residential Asset represents a Prime Investment Opportunity, listed at a List Price of $510,000—positioned well below the $525,113 Fair Market Value by 2%. This valuation gap provides $15,113 in Instant Equity. Featuring a Condition Rating of 3, the home offers modern LVP flooring and a refreshed kitchen. With a large lot, RV Parking Potential, and a 3-car garage, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant functional upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7116 Painted Paradise Street Subject | $510,000* List Price | 3 | 2 | 1,934 | $272 | - |
A 7129 Saint Lucia Street Sold | $490,000 | 3 | 2 | 1,961 | $250 | 0.0 mi |
B 5317 PALM LEAF Court Sold | $395,000 List Price | 3 | 2 | 1,961 | 0.3 mi | |
C 5513 Maple Bridge Avenue Sold | $489,999 List Price | 3 | 2 | 1,891 | 0.9 mi | |
D 7036 Wild Wave Drive Sold | $629,999 List Price | 3 | 2 | 2,304 | 0.1 mi | |
E 5418 Basset Hound Avenue Sold | $459,000 List Price | 3 | 2 | 1,934 | 0.2 mi | |
F 7509 Evening Falls Drive Sold | $425,000 | 3 | 2 | 1,710 | $249 | 0.4 mi |
G 4901 Silent Birch Avenue Sold | $599,990 | 4 | 3 | 2,032 | $295 | 0.4 mi |
H 4920 ENCORE PARADISE Avenue Sold | $555,000 | 3 | 3 | 2,372 | $234 | 0.5 mi |
I 6808 Hazelnut Garden Street Pending | $525,000 List Price | 3 | 2 | 1,947 | $270 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property has been well-maintained with significant recent cosmetic updates. It features modern LVP flooring throughout, fresh grey paint, and a kitchen refreshed with white cabinetry, black hardware, and stainless steel appliances. The primary bathroom includes a custom upgraded shower, making the home move-in ready despite the age of the original systems and counters.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1934.
The property features a spacious backyard with no rear neighbors, synthetic grass, and significant RV parking potential on both sides, offering rare flexibility and privacy.
A finished 3-car garage provides ample space for vehicles and storage, a highly sought-after feature that adds significant functional value for homeowners with multiple vehicles or hobbies.
The assigned elementary and high schools carry modest ratings (4/10), which may be a consideration for families prioritizing top-tier educational districts.
Built in 2002, the home may require cosmetic updates to the kitchen and secondary living areas to align with modern design trends found in newer area developments.
Checkout this beautiful northwest home in single-story gated community with open floor plan. Kitchen has plenty of storage/organization, breakfast bar, separate dining area and large pantry. Spacious backyard with synthetic grass and covered patio, with no homes behind. This home has a courtyard style entry. 3-car finished garage. RV PARKING POTENTIAL on either side of the home. Primary bathroom has a beautiful custom upgraded shower and two separate closets. Beautiful mountain views from the front of the property. Hurry before this gem is gone!
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,934 | - |
| Lot Size | 8,712 | - |
| Price | $510.0K | $474.8K |
| Price per sq ft | $264 | $257 |
| Built year | 2002 | 0 |
| HOA | $90 | $0 |
| Days on market | 44 | 526 |
Jun 8, 2026
$510,000
Initial Listing