79 Lockheed Avenue, Las Vegas, NV 89183, Las Vegas, 89183 - 3 bed, 3 bath
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Las Vegas, NV 89183
This Spacious Two-Story Residence is a Strong Value Opportunity, listed at $400,000—positioned well below the $432,848 Fair Market Value by 7%. This valuation gap provides $32,848 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the home features a Huge Covered Patio and a Versatile Loft, offering immediate move-in readiness with room for cosmetic updates. Located near the M Resort with a private backyard bordering a vacant lot, it perfectly balances lifestyle and financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 79 Lockheed Avenue Subject | $400,000* List Price | 3 | 3 | 1,650 | $262 | - |
A 11939 Giles Street Sold | $400,000 | 3 | 3 | 1,620 | $247 | 0.1 mi |
B 11939 Giles Street Sold | $400,000 | 3 | 3 | 1,620 | $247 | 0.1 mi |
C 28 Manor Hill Avenue Sold | $385,000 | 3 | 3 | 1,650 | $233 | 0.2 mi |
D 135 Gilliflower Avenue Sold | $350,000 | 3 | 3 | 1,342 | $261 | 0.2 mi |
E 11953 Haven Street Sold | $380,000 | 3 | 3 | 1,354 | $281 | 0.1 mi |
F 68 JEWEL MINE Avenue Sold | $439,000 | 3 | 3 | 1,886 | $233 | 0.5 mi |
G 112 Trumphet Lilly Avenue Pending | $369,000 List Price | 3 | 3 | 1,480 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2006, falling within the 10-20 year range for a 'good' condition rating. The home appears move-in ready and well-maintained. The kitchen features functional but dated oak cabinetry, dark countertops, and a mix of black and white appliances. Flooring consists of standard tile in wet areas and carpet in living spaces, showing typical wear for its age. While the interior styling is original to the mid-2000s construction and lacks recent modern renovations, the property meets the criteria for a functional, well-kept residence.
The property is ideally situated near the M Resort and Casino, offering quick access to the Las Vegas Strip, airport, and major freeways for ultimate convenience.
Featuring a vacant lot directly behind the home and a large covered patio, the property provides a level of seclusion and outdoor relaxation rarely found in dense suburban developments.
With a very low monthly HOA fee of $53 and all appliances included, this home presents an affordable and move-in-ready opportunity for first-time buyers or investors.
While the inclusion of all appliances is a plus, they are conveyed in 'as-is' condition, which may lead to unexpected repair or replacement costs shortly after closing.
The lot size of 2,614 square feet is relatively small, which may limit outdoor activities or gardening space for buyers seeking a larger backyard.
*Fantastic location near the M Resort and Casino! Beautiful two-story home featuring 3 bedrooms and a low HOA. The spacious downstairs family room is perfect for entertaining. The family room opens nicely to the kitchen where you'll find tile floors, lots of cabinets and counter space, and a lovely island! The dining room/kitchen combination is perfect! Replete with slider take a step outside to the huge covered patio--a great place to BBQ or enjoy relaxing moments. Vacant lot behind you! Upstairs, all bedrooms are well-situated alongside a versatile loft—ideal for a toy room, reading nook, or home office. The upstairs laundry room includes built-in cabinets for added storage. All appliances are included for move-in convenience, and do convey in their current 'as is' condition. With a super convenient location near area shopping, major road and freeway access, and just minutes from the Las Vegas Strip and airport, don't miss this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,650 | 1,741 | 46% |
| Lot Size | 2,614 | 4,356 | 29% |
| Price | $400.0K | $360.0K | 60% |
| Price per sq ft | $242 | $233 | 56% |
| Built year | 2006 | 2003 | 68% |
| HOA | $53 | $42 | 57% |
| Days on market | 75 | 985 | 0% |
Feb 6, 2026
$400,000
Initial Listing