
Las Vegas, NV 89107
This Versatile Split-Level Residence represents a Prime Investment Opportunity, listed at $959,900—positioned well below the $985,256 Fair Market Value by 2%. This valuation gap offers $25,356 in Instant Equity. With an Excellent Condition Rating, the home features a remodeled kitchen, 2024 HVAC, and 36 solar panels. The half-acre lot, private lower-level entrance, and 4-car garage provide exceptional utility for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, income-generating property in a central medical district location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Kenny Way Subject | $909,000* List Price | 4 | 4 | 2,921 | $333 | - |
A 400 Lacy Lane Sold | $950,000 | 3 | 3 | 2,407 | $395 | 0.5 mi |
B 706 Lacy Lane Active | $999,000 List Price | 4 | 3 | 3,541 | $282 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1964, the property qualifies as Excellent due to extensive recent renovations and system upgrades within the last 5 years. Key highlights include a completely remodeled kitchen with quartz waterfall countertops (modern/mint), a brand-new HVAC system installed in 2024, solar panels from 2023, and a water heater from 2021. The interior features updated vinyl flooring and an open-concept layout, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24394, living area = 2921.
The split-level layout featuring a private lower-level entrance, combined with a 4-car garage and additional flex space, offers exceptional utility for multigenerational living, a home business, or rental income.
Situated on a rare half-acre corner lot with no HOA, the property provides significant privacy, RV parking with hookups, and an oversized pool, which are highly sought-after features in a central urban location.
Built in 1964, the split-level configuration may not appeal to modern buyers who prefer contemporary single-story layouts or traditional two-story designs.
At nearly $960,000, the property is priced at the top of the 89107 market, which may lead to appraisal challenges or a more limited pool of qualified buyers compared to newer suburban developments.
Welcome to one of the most architecturally distinctive homes in Las Vegas' historic Palomino/Alta Drive neighborhood, one of the city's classic custom-home communities known for its oversized lots, mature landscaping, and enduring Las Vegas character. Situated on an impressive 0.56-acre corner lot, this 2,921 sq. ft. residence showcases a rare mid-century split-level design with a unique half-basement—an architectural style that's becoming increasingly rare and nearly impossible to replicate on a property of this scale. Designed for privacy and functionality, the multi-level floor plan offers 4 bedrooms and 3 bathrooms (1 full, 2 three-quarter, and 1 half bath). The half-basement features a private entrance, offering flexibility for multigenerational living, guests, a home office, recreation room, gym, or creative studio. The inviting main level features an open layout with a beautifully remodeled kitchen showcasing shaker cabinetry, quartz countertops, a waterfall island, spacious living and dining areas, a mudroom, and a convenient powder room. Outside, enjoy a 4-car garage, attached flex space, indoor storage, RV parking with hookups, abundant additional parking, and a generously sized yard with endless possibilities. Thoughtful updates include solar installed in 2023 (mounted on the garage to preserve the main roof), a new HVAC system (2024), water heater and water softener (2021), added attic insulation (2022), and a kitchen water filtration system. More than a home, this is a rare opportunity to own a true piece of classic Las Vegas—where architectural character, generous space, and endless potential come together.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,921 | 1,961.945 |
| Lot Size | 24,394 | 6,098 |
| Price | $909.0K | $486.0K |
| Price per sq ft | $311 | $259 |
| Built year | 1964 | 2002 |
| HOA | $0 | $83 |
| Days on market | 69 | 62 |
Aug 18, 2026
$909,000
$929,000
-2% Price Drop
Initial Listing
Aug 4, 2026
$929,000
$959,900
-3% Price Drop
Initial Listing
Jul 2, 2026
$959,900
Initial Listing