
Henderson, NV 89015
This Massive Value-Add Residential Asset is listed at $659,000, representing a stable entry point at its $659,000 Fair Market Value. Currently holding a Condition Rating of 4, the property requires modernization but offers immense forced-appreciation potential via its 5,000 square foot layout and 7-bedroom configuration. Premium features include a livable basement, private pool, solar panels, and RV parking on a nearly half-acre lot with mountain views. Serving C T Sewell Elementary, Mahlon Brown Junior, and Basic Academy, this is an ideal acquisition for Fix-and-Flip Investors or Multi-Generational Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 846 Fairview Drive Subject | $659,000* List Price | 7 | 4 | 5,000 | $132 | - |
A 830 PARK Lane Sold | $799,000 | 6 | 5 | 4,775 | $167 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this property is functional and appears to have been maintained, but it is significantly outdated and requires modernization. While it offers unique features like solar panels and a massive 5,000 sq. ft. layout, the interior finishes—including flooring, textured ceilings, and light fixtures—reflect its age. The listing description explicitly mentions the need for 'vision' to make the property shine, indicating that while it is livable, it requires aesthetic and likely system updates to meet current market standards.
With over 5,000 square feet and seven bedrooms, this home offers rare scale and a unique livable basement, ideal for multi-generational living or large families.
Situated on nearly half an acre with no HOA, the property features a private pool, RV parking, and ample space to create a custom outdoor oasis.
The home is equipped with solar panels, providing significant long-term energy savings for a residence of this substantial size in the desert climate.
Built in 1975 and marketed as needing 'vision,' the property likely requires a substantial capital investment to modernize finishes and systems.
The combination of an expansive 5,000-square-foot interior, a swimming pool, and a large lot implies high ongoing maintenance and utility expenses.
Over 5000 square feet of living space with livable basement. ***RV Parking***Spacious 7-bedroom, 3-bath home on nearly half an acre in Henderson! This unique property features a rare livable basement, sparkling pool, and large front and backyard perfect for entertaining. Beautiful windows fill the home with natural light, while solar panels offer energy savings. With over 16,000 sq ft of lot space, there’s plenty of room to create your dream outdoor oasis. Inside, generous living areas and bedrooms provide endless possibilities. A rare find with incredible potential—bring your vision and make this gorgeous property shine!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 5,000 | 1,592 | 99% |
| Lot Size | 16,117 | 6,534 | 93% |
| Price | $659.0K | $45.0K | 96% |
| Price per sq ft | $132 | $40 | 51% |
| Built year | 1975 | 1996 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 2744 | 1% |
Jan 15, 2026
$659,000
Initial Listing