
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 | $959,900* List Price | 4 | 4 | 2,921 | $337 | - |
A 220 CANYON Drive Sold | $679,990 List Price | 3 | 2 | 2,446 | 0.7 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.
A rare half-acre corner lot with only one direct neighbor in the historic Alta Drive area, this 2,921 sq. ft. split-level home offers no HOA, 4 bedrooms, 3.5 baths, vaulted ceilings, abundant natural light, shutters, vinyl flooring, and an open-concept layout for comfortable living and entertaining. The remodeled kitchen features shaker cabinetry, quartz countertops, a quartz waterfall island, and a spacious breakfast bar. The lower level has its own private entrance, creating valuable options for multigenerational living, extended guests, or potential rental income. Outdoor living is a standout, with a private backyard, 6-ft backyard privacy fence, gated front yard, oversized deep pool, side gate access, RV parking potential, and RV hookup. The property also includes a 4-car garage with attached workshop, plus additional attached flex space ideal for a gym, art studio, home office, creative workspace, or future casita concept. Additional value includes 36 solar panels installed in 2023, mounted on the garage to help keep the main roof free of added solar equipment and load. Major updates include a new HVAC system in 2024, water heater and water softener in 2021, added attic insulation in 2022, and a kitchen-sink water filtration system. Located in the Las Vegas Medical District with quick access to both I-15 and US-95, this property offers strong rental or investment appeal near a major healthcare employment corridor. Nearby highlights include UNLV Dental School 1.3 miles, the Arts District 2 miles, Chinatown 3.2 miles, the Strip 3.8 miles, and Downtown Las Vegas 4 miles. Set in the Palomino area, with nearby multi-million-dollar homes, this property offers a rare combination of land, privacy, usable space, central location, and long-term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,921 | - |
| Lot Size | 24,394 | - |
| Price | $959.9K | $474.8K |
| Price per sq ft | $329 | $257 |
| Built year | 1964 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 526 |
Jul 2, 2026
$959,900
Initial Listing