
Las Vegas, NV 89147
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well above the $261,993 Fair Market Value by -24%. While the property lacks immediate equity, its No HOA Fees and Generous Lot Size in the established Spring Valley area provide a solid foundation for value-add renovations. Given the Fair Condition Rating and 1980 construction, the home requires modernization to reach its full potential. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive interior rehab.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7271 Mountain Moss Drive Subject | $325,000* List Price | 4 | 2 | 1,337 | $196 | - |
A 7382 Cedar Ridge Street Sold | $410,000 | 3 | 2 | 1,394 | $294 | 0.3 mi |
B 7559 Silver Leaf Way Sold | $360,000 List Price | 4 | 2 | 1,509 | 0.6 mi | |
C 3974 Round Wood Street Sold | $420,000 | 3 | 2 | 1,579 | $266 | 0.3 mi |
D 3974 Round Wood Street Sold | $420,000 | 3 | 2 | 1,579 | $266 | 0.3 mi |
E 3974 Round Wood Street Sold | $420,000 | 3 | 2 | 1,579 | $266 | 0.3 mi |
F 7010 Wedgewood Way Pending | $349,999 List Price | 3 | 2 | 1,280 | $273 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1980 (44 years old) and the listing lacks any mention of recent renovations to the kitchen, bathrooms, or major systems. Based on the criteria for homes over 30 years old and the description of 'endless potential,' the home likely requires a full rehab to address dated interiors and aging infrastructure.
The absence of a Homeowners Association provides significant monthly savings and greater flexibility for property modifications and usage.
Situated in the established Spring Valley area, the home offers excellent proximity to the Las Vegas Strip, shopping, dining, and major freeway access.
The 6,098-square-foot lot features a large backyard with significant potential for outdoor living, landscaping, or a private pool.
Built in 1980, the property may require modernization of its original systems and aesthetic finishes to meet contemporary buyer expectations.
With 4 bedrooms packed into 1,337 square feet, individual room dimensions may feel cramped, potentially limiting furniture layout options.
Beautiful single-story home located in the desirable Spring Valley area with NO HOA. This property offers a spacious layout, comfortable living areas, and a large backyard with endless potential. Conveniently located near shopping, dining, parks, and freeway access, this is a great opportunity to own a home in one of Las Vegas’ most established neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,337 | 1,948 | 15% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $325.0K | $410.0K | 33% |
| Price per sq ft | $243 | $228 | 59% |
| Built year | 1980 | 1996 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 556 | 1% |
May 23, 2026
$325,000
Initial Listing