7220 Elderly Avenue, Las Vegas, NV 89131, Las Vegas, 89131 - 4 bed, 4 bath
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Las Vegas, NV 89131
This Turnkey Single-Story Residence represents a Strong Value Opportunity, listed at $829,900—positioned slightly above the $806,519 Fair Market Value. Despite the premium, the property offers a Condition Rating of 2, featuring high-end modern finishes and zero deferred maintenance. Situated on an expansive 13,068 sq. ft. lot with RV parking, this home provides rare utility in a gated community near top-rated schools like Betsey A Rhodes Elementary. This is an ideal acquisition for Owner-Occupants or discerning families seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7220 Elderly Avenue Subject | $824,800* List Price | 4 | 4 | 2,843 | $287 | - |
A 7411 Thornbuck Place Sold | $755,000 | 4 | 3 | 2,958 | $255 | 0.7 mi |
B 7073 Winstar Street Sold | $945,000 | 5 | 4 | 2,829 | $334 | 0.2 mi |
C 7073 Winstar Street Sold | $945,000 | 5 | 4 | 2,829 | $334 | 0.2 mi |
D 7286 Mount Kearsarge Street Sold | $730,000 | 5 | 4 | 3,341 | $218 | 0.3 mi |
E 7286 Mount Kearsarge Street Sold | $730,000 | 5 | 4 | 3,341 | $218 | 0.3 mi |
F 7026 Appaloosa Ridge Street Pending | $935,000 List Price | 5 | 4 | 2,829 | $331 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1999, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathrooms feature modern shaker cabinetry, quartz countertops, and updated stainless steel appliances. The interior shows mint-condition wood-look flooring and contemporary finishes throughout, making it fully move-in ready with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2843.
Positioned as the lowest-priced home in the sought-after Shenandoah gated community, this property offers significant equity potential and a competitive entry point for the neighborhood.
The generous 13,000+ sq. ft. lot includes dedicated RV parking and a three-car garage, providing rare and ample space for large vehicles, hobbies, and outdoor activities.
With a build date of 1999, major systems such as the roof or HVAC may be approaching the end of their functional lifespan, potentially requiring near-term capital expenditure.
The $150 monthly association fee and gated community status may impose strict CC&R limitations on property modifications and add to the monthly carrying costs.
Get ready to fall in love with this beautifully upgraded single-story home located in one of the area’s most sought-after gated communities, where the Halloween and Christmas displays feel straight out of a movie set. Featuring 4 bedrooms and 3.5 bathrooms, including 3 bedrooms with private en-suite baths, this home offers an exceptional blend of comfort, functionality, and luxury. Meticulously upgraded throughout with modern finishes, every detail has been thoughtfully designed. Situated on an expansive 13,000+ sq. ft. lot, this move-in ready property also features RV parking and a spacious 3-car garage, providing plenty of room for vehicles, toys, storage, and hobbies. Lowest priced home in this community. Don't miss your chance. Schedule your showing today.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,843 | - |
| Lot Size | 13,068 | - |
| Price | $824.8K | $474.8K |
| Price per sq ft | $290 | $257 |
| Built year | 1999 | 0 |
| HOA | $150 | $0 |
| Days on market | 30 | 526 |
Jul 17, 2026
$824,800
$829,900
-1% Price Drop
Initial Listing
Jun 22, 2026
$829,900
Initial Listing