8047 Aspendale Drive, Las Vegas, NV 89123, Las Vegas, 89123 - 3 bed, 2 bath
Loading property details...
Las Vegas, NV 89123
This Single-Story Ranch represents a High-Potential Investment Opportunity with a List Price of $464,900—positioned well below the $581,753 Fair Market Value by 20%. This valuation gap offers $116,853 in Instant Equity for strategic buyers. Featuring a Granite Kitchen, newer HVAC system, and a Condition Rating of 4, the home is move-in ready while providing significant upside through cosmetic modernization. The No HOA status and private lot with no rear neighbors maximize both lifestyle freedom and long-term asset appreciation. 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 |
|---|---|---|---|---|---|---|
★ 8047 Aspendale Drive Subject | $449,900* List Price | 3 | 2 | 1,988 | $197 | - |
A 8349 YAMHILL Street Sold | $362,900 List Price | 4 | 3 | 1,936 | 0.7 mi | |
B 8323 Cabin Peak Street Sold | $449,000 | 3 | 3 | 1,846 | $243 | 0.5 mi |
C 1125 Adelman Drive Sold | $449,000 | 4 | 3 | 1,874 | $240 | 0.3 mi |
D 8323 CABIN PEAK Street Sold | $449,000 | 3 | 3 | 1,846 | $243 | 0.5 mi |
E 8443 Brookline Court Sold | $340,000 List Price | 3 | 3 | 1,846 | 0.7 mi | |
F 1061 Serpentina Avenue Sold | $390,000 List Price | 4 | 3 | 1,883 | 0.5 mi | |
G 1438 Auburn Valley Avenue Active | $545,000 List Price | 4 | 3 | 2,207 | $247 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this property is well-maintained and move-in ready but reflects its age through dated features. While the kitchen has been updated with granite countertops and the HVAC and water heater are newer, the painted original cabinetry, mixed-style appliances, and older ceramic tile flooring align with the 'fair' criteria for a home over 30 years old that has undergone partial rather than extensive recent renovations.
The absence of a Homeowners Association provides significant monthly savings and greater freedom for property modifications, a highly sought-after feature in the Las Vegas market.
The property features a newer HVAC system and water heater, offering peace of mind and reducing the likelihood of immediate large-scale maintenance costs for the new owner.
This single-story ranch-style home offers superior privacy with no rear neighbors and a secure gated courtyard entry, creating a quiet and secluded living environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1988, other record living area = 1708.
Built in 1988, the home may require ongoing maintenance or cosmetic updates to meet modern aesthetic standards compared to newer constructions in the area.
While the elementary school is well-rated, the assigned middle and high schools have average ratings, which may be a consideration for families focused on top-tier educational districts.
YOU KNOW THE PHRASE IN REAL ESTATE, LOCATION, LOCATION, LOCATION! ADD NO HOA ON TOP OF THAT AND THIS HOME IS PERFECT FROM TOP TO BOTTOM! WHO ISN'T LOOKING FOR A ONE STORY RANCH, NO HOA, NO REAR NEIGHBORS, GRANITE KITCHEN COUNTERS, ALL APPLIANCES, SOLAR SCREENS, FANS & CLOSET ORGANIZERS, DESERT LOW MAINTENANCE LANDSCAPE, NEWER HVAC & WATERHEATER. ALL BEHIND A GATED COURTYARD ENTRY & SECURITY SCREEN! EXCELLENT LOCATION FOR EASY COMMUTE ANYWHERE! YOU ARE GOING TO LOVE IT!
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,988 | 1,907 | 53% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $449.9K | $410.0K | 59% |
| Price per sq ft | $226 | $226 | 50% |
| Built year | 1988 | 1997 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 812 | 0% |
Apr 21, 2026
$449,900
$459,900
-2% Price Drop
Initial Listing
Apr 10, 2026
$459,900
$464,900
-1% Price Drop
Initial Listing
Mar 23, 2026
$464,900
Initial Listing