8430 Gagnier Boulevard, Las Vegas, NV 89113, Las Vegas, 89113 - 1 bed, 1 bath
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Las Vegas, NV 89113
Analysis of 8430 Gagnier Boulevard, Las Vegas, NV 89113 is currently available with a list price of $750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property features a small 768-square-foot residence built in 1997. While the exterior appears functional and the listing suggests it could serve as a rental or starter home, it is nearly 30 years old with no mention of recent renovations to the kitchen, bathroom, or major systems. The structure is significantly undersized and outdated compared to the surrounding modern custom homes, and the listing explicitly highlights the property's value as a redevelopment site, indicating the building has reached the end of its competitive lifespan for the area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40946, living area = 768.
Elementary School: Evelyn Stuckey Elementary School (9/10).
The combined 2-acre footprint in Southwest Las Vegas offers a rare opportunity for redevelopment into a four-home custom community or a massive private estate with guest quarters.
The property is tied to an adjacent parcel and cannot be purchased separately, requiring a total investment of $1,495,000, which may limit the pool of interested buyers.
The current 768-square-foot residence is very small for the price point, meaning the value is almost entirely in the land and will likely necessitate demolition or major expansion.
Opportunity to own 2 acres in Southwest Las Vegas! This listing includes the nearly 1-acre lot at 8430 Gagnier Blvd, featuring a cozy 1-bedroom, 1-bathroom home—perfect as a starter home, rental, or future redevelopment site. Important: This property is being sold together with the adjacent 1.16-acre vacant lot (Parcel #176-16-201-058). Both parcels are listed at $1,495,000 and will not be sold separately. Whether you're looking to develop a 4-home custom community, build a private estate with space for guest homes, or hold as a long-term investment, this location offers flexibility and future value. Surrounded by new custom homes and growth, this is a rare chance to own side-by-side parcels in a highly desirable area of Southwest Las Vegas.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades PK-5 • 1.9 mi
Grades PK-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 1% |
| Baths | 1.0 | 3.0 | 0% |
| Square foot | 768 | 2,466 | 0% |
| Lot Size | 40,946 | 5,663 | 99% |
| Price | $750.0K | $485.0K | 76% |
| Price per sq ft | $977 | $241 | 100% |
| Built year | 1997 | 2006 | 27% |
| HOA | $0 | $55 | 32% |
| Days on market | 355 | 501 | 46% |
May 2, 2025
$750,000
Initial Listing