7332 Queen Palm Drive, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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7332 Queen Palm Drive
Las Vegas, NV 89128
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,373Sq Ft
4,356Lot Size
Property Price
LIST PRICE$400,000
EST. MARKET VALUE
$411,104
SUMMARY
This Single-Family Residence represents a Prime Investment Opportunity, listed at a List Price of $400,000—positioned well below the $411,104 Fair Market Value by 2%. This valuation gap provides $11,104 in Instant Equity. Featuring a Condition Rating of 3, the home includes a private swimming pool, covered patio, and recent mechanical upgrades like a 2020 HVAC. With No HOA fees, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with immediate value.
Estimated Market Value
$411,104
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7332 Queen Palm Drive Subject 2 bd · 2 ba · 1,373 sqft · $299 | $400,000* List Price | 2 | 2 | 1,373 | $299 | - |
A 7320 Silver Ridge Drive Sold 3 bd · 2 ba · 1,143 sqft · $332 · 0.3 mi | $380,000 | 3 | 2 | 1,143 | $332 | 0.3 mi |
B 1500 Wheatland Way Sold 3 bd · 2 ba · 1,508 sqft · $288 · 0.2 mi | $435,000 | 3 | 2 | 1,508 | $288 | 0.2 mi |
C 1624 Leaning Pine Way Sold 3 bd · 3 ba · 1,481 sqft · $270 · 0.2 mi | $400,000 | 3 | 3 | 1,481 | $270 | 0.2 mi |
D 1005 Rainbow Meadows Drive Sold 3 bd · 3 ba · 1,684 sqft · $258 · 0.5 mi | $435,000 | 3 | 3 | 1,684 | $258 | 0.5 mi |
E 7913 Pottery Creek Drive Sold 3 bd · 2 ba · 1,190 sqft · $340 · 0.9 mi | $405,000 | 3 | 2 | 1,190 | $340 | 0.9 mi |
F 7209 Indian Path Circle Sold 4 bd · 3 ba · 1,641 sqft · $250 · 0.2 mi | $410,000 | 4 | 3 | 1,641 | $250 | 0.2 mi |
G 7421 Summer Sun Drive Active 2 bd · 1 ba · 1,326 sqft · $279 · 0.1 mi | $369,900 List Price | 2 | 1 | 1,326 | $279 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1989, the property is well-maintained and move-in ready with significant system updates including a 2020 HVAC and a new water heater. The interior features updated hard-surface flooring and a clean aesthetic, though the kitchen cabinetry and layout reflect the original age of the home.
PROSSTRENGTHS & OPPORTUNITIES
- Private Pool & Outdoor Living
The property features a private swimming pool with a safety gate and a covered patio, offering a desirable outdoor retreat that is highly sought after in the Las Vegas market.
- Recent Mechanical Upgrades
With the HVAC system replaced in 2020 and a brand-new water heater, the home offers improved energy efficiency and reduced immediate maintenance costs for the buyer.
- No HOA Fees
The absence of a monthly association fee provides significant long-term savings and greater flexibility for the homeowner compared to many surrounding subdivisions.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two bedrooms, the property may have a more restricted buyer pool, potentially overlooking families or those requiring multiple guest rooms and home offices.
- Underperforming School Ratings
The local elementary and high schools carry lower performance ratings, which can be a deterrent for families and may impact the property's long-term resale value.
About 7332 Queen Palm Drive
Welcome to 7332 Queen Palm, a charming single-story, two-bedroom home designed for comfortable living and easy entertaining. The open and spacious kitchen features two pantry areas—perfect for storing food, small appliances, and everyday essentials—along with a cozy sitting area for enjoying quiet mornings with coffee. A beautiful double-sided fireplace creates warmth and ambiance between two inviting living and sitting areas. The centrally located laundry room offers added convenience while keeping the entrance from the garage open and unobstructed. The primary bedroom provides excellent storage with both a walk-in closet and an additional closet. The two-car garage includes storage shelves, offering plenty of space to keep tools, supplies, and seasonal items organized. Outside, relax beneath the covered sitting area overlooking the sparkling swimming pool. A baby gate separates the covered patio from the pool, adding a thoughtful feature to this delightful backyard retreat. The HVAC was replaced in 2020, and the water heater is new.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Edythe & Lloyd Katz Elementary School
Grades PK-5 • 0.3 mi
4/10
James B Mcmillan Elementary School
Grades PK-5 • 0.3 mi
2/10
Ernest Becker Middle School
Grades 6-8 • 2.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,373 | 1,959.772 |
| Lot Size | 4,356 | 5,961.915 |
| Price | $400.0K | $484.5K |
| Price per sq ft | $291 | $259 |
| Built year | 1989 | 2001 |
| HOA | $0 | $82 |
| Days on market | 40 | 62 |
Pricing History
Listed for Sale
Sep 14, 2026
$400,000
Initial Listing
Sold
Dec 7, 2011
$115,000
Public Record