7733 Parakeet Avenue, Las Vegas, NV 89145, Las Vegas, 89145 - 3 bed, 3 bath
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7733 Parakeet Avenue
Las Vegas, NV 89145
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,650Sq Ft
4,792Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$419,324
4% BelowMARKET VALUE
SUMMARY
This 3-bedroom single-family residence is a High-Potential Investment Opportunity, listed at $399,000—positioned well below the $419,325 Fair Market Value by 4%. This valuation gap offers $20,325 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern luxury vinyl plank flooring and a paid-off solar system. With no HOA and potential RV parking, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, move-in ready home near Summerlin.
Estimated Market Value
$419,324+$20,324 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 7733 Parakeet Avenue Subject | $399,000* List Price | 3 | 3 | 1,650 | $254 | - |
A 8000 Mt Royal Court Sold | $444,900 | 3 | 3 | 1,792 | $248 | 0.2 mi |
B 8212 Ogee Drive Sold | $460,000 | 3 | 3 | 1,567 | $294 | 0.5 mi |
C 8112 Leger Drive Sold | $406,000 | 4 | 3 | 1,741 | $233 | 0.4 mi |
D 7753 Cherry River Drive Sold | $350,000 | 3 | 2 | 1,166 | $300 | 0.2 mi |
E 8221 Grassy Point Circle Sold | $450,000 | 3 | 2 | 1,533 | $294 | 0.5 mi |
F 8024 Redskin Circle Sold | $405,000 | 3 | 2 | 1,322 | $306 | 0.3 mi |
G 8425 Charles Court Sold | $415,000 | 3 | 3 | 1,873 | $222 | 0.8 mi |
H 116 Firestone Drive Sold | $379,500 | 3 | 2 | 1,514 | $251 | 0.6 mi |
I 8025 Mt Royal Court Active | $429,500 List Price | 3 | 3 | 1,792 | $240 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1986 but features significant cosmetic updates including new luxury vinyl plank flooring throughout and a refreshed kitchen with a modern subway tile backsplash and stainless steel appliances. The property appears well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Paid-Off Solar System
The seller will pay off the solar balance in full at closing, providing the new owner with immediate energy savings and increased home equity without the burden of a monthly lease or loan.
- Highly Functional Layout
The rare inclusion of a primary bedroom and full bathroom on the first floor offers excellent accessibility, while the upstairs loft and private balcony provide versatile additional living space.
- No HOA & Prime Location
Located in a non-HOA community near Summerlin and Boca Park, this property offers homeowners freedom from restrictive rules and fees, plus the added benefit of potential RV parking.
CONSRISKS & DEFICIENCIES
- Low High School Rating
The assigned high school, Bonanza High School, has a rating of 3/10, which may be a concern for families prioritizing high-performing secondary education.
- Property Age and Maintenance
Built in 1986, the home may require more frequent maintenance or updates to major systems and structural components compared to newer builds in the surrounding Las Vegas area.
About 7733 Parakeet Avenue
A well-designed 3-bedroom home featuring a highly desirable primary bedroom and full bathroom conveniently located on the first floor. Upstairs offers a spacious loft with access to a private outdoor balcony, creating the perfect additional living or flex space. The home includes a 2-car garage and stylish luxury vinyl plank flooring throughout the main living areas. The inviting living room features a brick fireplace, adding warmth and character, and flows seamlessly into the dining area, making it ideal for both everyday living and entertaining. Situated in a non-HOA community, this home provides added flexibility and freedom. Additional highlights include potential RV parking and a prime location close to Summerlin, Angel Park Golf Club, and Boca Park Shopping Center, offering easy access to shopping, dining, golf, and entertainment. Seller to pay off solar balance in full at closing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Helen M Smith Elementary School
Grades PK-5 • 0.6 mi
7/10
Walter Johnson Junior High School
Grades 6-8 • 0.2 mi
7/10
Bonanza High School
Grades 9-12 • 1.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,650 | 1,961.945 |
| Lot Size | 4,792 | 6,098 |
| Price | $399.0K | $486.0K |
| Price per sq ft | $242 | $259 |
| Built year | 1986 | 2002 |
| HOA | $0 | $83 |
| Days on market | 26 | 62 |
Pricing History
Listed for Sale
Aug 14, 2026
$399,000
Initial Listing