
Las Vegas, NV 89123
Analysis of 7830 Spencer Street, Las Vegas, NV 89123 is currently available with a list price of $1,175,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Despite being built in 1978, the property has been extensively renovated to function as a high-capacity care facility. The interior features a modern, large kitchen with updated cabinetry, stone countertops, and stainless steel appliances. The flooring has been updated with contemporary wood-look laminate and neutral tiling. The home is move-in ready with upgraded infrastructure including recessed lighting, fire sprinklers, and solar panels, showing pride of ownership and minimal wear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29185, living area = 2973.
The property is uniquely equipped with essential safety systems, including fire alarms, sprinklers, and solar panels, offering a significant cost and time advantage for licensed care operators.
Featuring a rare 9-bedroom configuration on a single-story footprint, the home is perfectly optimized for high-demand housing models such as memory care or transitional living.
Built in 1978, the property may require updates to its primary mechanical systems or cosmetic finishes to meet modern standards beyond its specialized safety equipment.
The specialized layout and premium pricing are tailored specifically for commercial care operators, which may limit the pool of traditional residential buyers.
Previously operated as both a memory-care residence and transitional housing, this 1-story property offers a rare 9 bedroom, 4 bath layout on a 2/3 acre lot with no HOA. It's well suited for licensed care use or group home housing models. Its central location between Silverado Ranch and Green Valley provides convenient access to hospitals, major roadways, and other services. The home conveys with fire alarms, sprinklers, and solar panels, all valuable infrastructure for operators seeking lower overhead and faster setup timelines. A wide driveway, RV gate, and easy rear-yard access support staff and resident transport needs. Multiple exterior storage solutions, including sheds and a storage container, offer ample room for supplies and equipment. With its bedroom count, lot size, prior care-use history, and included systems, this property offers a strong platform for operators looking to expand capacity or establish a new program in a high-demand area.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.3 mi
Grades PK-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 3.0 | 100% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 2,973 | 1,907 | 86% |
| Lot Size | 29,185 | 6,098 | 98% |
| Price | $1.18M | $410.0K | 98% |
| Price per sq ft | $395 | $227 | 98% |
| Built year | 1978 | 1997 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 142 | 812 | 14% |
Apr 10, 2026
$1,175,000
$1,250,000
-6% Price Drop
Initial Listing
Dec 2, 2025
$1,250,000
Initial Listing