
Las Vegas, NV 89178
PROPERTY IS THE ONLY 2.5 ACRES IN THE AREA POTENTIAL COMMERICAL ZONING AROUND 200 MATURE TREES FULLY BLOCKWALLED 2 ACRE FEET OF WATER RIGHTS
Property is extensive renovation needed.
Built in 1994, the structure is 32 years old based on the 2026 listing date, placing it in the 'Poor' category (>30y). The listing description focuses almost entirely on land value, water rights, and commercial potential, suggesting the residential systems, kitchen, and baths are likely original and require significant rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 92783, living area = 2136.
As the only 2.5-acre parcel in the immediate area with potential commercial zoning, this property represents a rare and high-value opportunity for developers or investors.
The inclusion of 2 acre-feet of water rights along with 200 mature trees provides a lush, established environment that is exceptionally rare and costly to replicate in the Las Vegas desert.
At a $3.5 million list price for a 2,136 sqft residence, the property is priced significantly above residential market norms, reflecting land value rather than the existing structure's utility.
The current 2-bedroom, 2-bathroom configuration is modest for a multi-million dollar estate, likely requiring a total renovation or teardown to meet the expectations of a luxury residential buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,136 | 1,959.772 |
| Lot Size | 92,783 | 5,961.915 |
| Price | $3.50M | $484.5K |
| Price per sq ft | $1.6K | $259 |
| Built year | 1994 | 2001 |
| HOA | $0 | $82 |
| Days on market | 22 | 62 |
Oct 2, 2026
$3,500,000
Initial Listing