7942 Firethorn Lane, Las Vegas, NV 89123, Las Vegas, 89123 - 6 bed, 4 bath
Loading property details...
Las Vegas, NV 89123
This property presents a High-Potential Investment Opportunity with a List Price of $540,000—positioned well above the $446,676 Fair Market Value by -20%. Featuring a 21,780 sqft lot and No HOA Restrictions, this Fair Condition Rating asset requires significant modernization. While the 6-bedroom layout offers utility, the aging infrastructure necessitates a strategic renovation plan. Located near Aggie Roberts Elementary and Silverado High School, this property is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to leverage land value for future appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7942 Firethorn Lane Subject | $550,000* List Price | 6 | 4 | 1,897 | $280 | - |
A 7984 Secretariat Lane Pending | $475,000 List Price | 4 | 2 | 1,654 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1972 (54 years old) with no mention of renovations, the property meets the age criteria for a tear-down. The listing description focuses heavily on the expansive lot size and RV parking rather than interior condition, and the exterior shows dated security bars and older roof-mounted HVAC systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1897.
The property features a massive 21,780 sqft lot with a circular driveway and RV parking, providing rare outdoor space and storage capacity for a central Las Vegas location.
With an association fee of zero, homeowners enjoy the freedom to use their land without restrictive covenants and benefit from lower monthly carrying costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Built in 1972, the home may require significant capital investment for modernizing major systems and cosmetic finishes to meet current market standards.
Fitting 6 bedrooms into 1,897 square feet suggests that individual room sizes are likely very small, which may compromise the functional flow and feel of the living space.
Welcome to this exceptional property located in the heart of the city, offering convenience, space, and endless possibilities. Situated on an expansive 21,780 sqft lot, this home features a grand circular driveway, RV parking, and plenty of room Perfectly located near shopping, dining, entertainment, schools, and major freeways, this property combines comfort with accessibility. A rare opportunity to own a spacious property in a prime location with room for all your toys, future plans, and more.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,897 | - |
| Lot Size | 21,780 | - |
| Price | $550.0K | $474.8K |
| Price per sq ft | $290 | $257 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 58 | 526 |
May 25, 2026
$540,000
Initial Listing