825 Cypress Pines Way, Henderson, NV 89002, Henderson, 89002 - 3 bed, 2 bath
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825 Cypress Pines Way
Henderson, NV 89002
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,802Sq Ft
6,970Lot Size
Property Price
LIST PRICE$419,000
EST. MARKET VALUE
$417,286
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $419,000—positioned well below the $417,286 Fair Market Value (Note: Market adjustment reflects current unfinished state). While the home has a Fair Condition Rating (5/10), the inclusion of RV parking, a newer AC unit, and a Nuvo water filtration system provides a solid foundation. Located near top-rated schools like James E & A Rae Smalley Elementary (9/10), this is a value-add acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through renovation.
Estimated Market Value
$417,286
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 825 Cypress Pines Way Subject | $419,000* List Price | 3 | 2 | 1,802 | $232 | - |
A 855 Coach House Road Sold | $480,000 | 4 | 3 | 2,017 | $238 | 0.2 mi |
B 845 CYPRESS PINES Way Sold | $415,000 | 3 | 2 | 1,668 | $249 | 0.1 mi |
C 1073 Plantation Rose Court Sold | $479,999 | 3 | 2 | 1,720 | $279 | 0.8 mi |
D 854 Coastal Beach Road Sold | $420,000 List Price | 4 | 3 | 2,017 | 0.2 mi | |
E 189 Emerald Mountain Avenue Sold | $338,000 List Price | 3 | 2 | 1,720 | 0.5 mi | |
F 409 Hightop Lane Sold | $445,000 | 3 | 2 | 1,666 | $267 | 0.5 mi |
G 136 Westin Lane Active | $430,000 List Price | 3 | 2 | 1,802 | $239 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1994 (30 years old) with original, dated kitchen and bathrooms. The property is currently in a mid-renovation state with unfinished tile flooring, missing baseboards, and missing appliances, requiring significant rehab to be move-in ready despite the newer HVAC system.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: James E & A Rae Smalley Elementary School (9/10).
- Equity Potential
Priced significantly below market comparables, this property offers a prime opportunity for buyers to build immediate equity by completing the existing renovations.
- Sought-After Amenities
The home features highly desirable single-story living combined with dedicated RV parking, a rare combination in Henderson that adds significant utility and resale appeal.
CONSRISKS & DEFICIENCIES
- Incomplete Condition
The property requires finishing work, including the installation of remaining tile flooring, which limits the buyer pool to those willing to manage a renovation project.
- Immediate Capital Requirement
While priced to sell, the home will require additional upfront investment and labor to reach its full potential and modern living standards.
About 825 Cypress Pines Way
PRICED TO SELL AND READY TO BE FINISHED! If you've been waiting for a single-story home with RV parking and newer AC unit where you can put in a little work and create immediate value, this is it. Offering over 1,800 sq. ft. with 3 bedrooms, this home has been priced well below comparable properties to reflect the remaining work. Much of the tile flooring has already been installed, and the remaining matching tile is at the property ready for the next owner to complete. The spacious open floor plan features vaulted ceilings, abundant natural light and two fireplaces. The kitchen opens directly to the living area and offers plenty of cabinet space and a pantry. Additional features include a newer AC unit, and Nuvo water filtration system. The spacious primary suite offers direct backyard access. Outside, you'll find RV parking, mature trees and a large covered patio with plenty of potential to create your own backyard retreat. This is a great opportunity to finish what's already been started, add your own touches and make it yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $56 / Month
Neighborhood Insights
Henderson Unified Schools
James E & A Rae Smalley Elementary School
Grades PK-5 • 0.9 mi
9/10
Ulis Newton Elementary School
Grades PK-5 • 1.0 mi
7/10
Marlan J. Walker Elementary School
Grades PK-5 • 1.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,802 | 2,064.015 |
| Lot Size | 6,970 | 6,098 |
| Price | $419.0K | $525.0K |
| Price per sq ft | $233 | $265 |
| Built year | 1994 | 2005 |
| HOA | $56 | $110 |
| Days on market | 33 | 70 |
Pricing History
Listed for Sale
Aug 7, 2026
$419,000
Initial Listing
Sold
Apr 15, 1998
$135,000
Public Record
Sold
Jul 22, 1994
$118,500
Public Record