
Henderson, NV 89011
This High-Potential Investment Opportunity is a Spanish-inspired custom estate listed at $949,500—positioned well below the $999,252 Fair Market Value by 4%. This valuation gap offers $49,752 in Instant Equity. Featuring a 4,570 sqft layout, full basement, and 4-car garage, the home maintains a Condition Rating of 4, offering significant upside for cosmetic modernization. With sweeping city and mountain views and low HOA fees, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add luxury residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 953 Pyrite Avenue Subject | $949,500* List Price | 4 | 5 | 4,570 | $219 | - |
A 1105 Malachite Court Active | $949,999 List Price | 4 | 4 | 3,645 | $261 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23 years old), the property is well-maintained and functional but reflects its original era with dated finishes, including early-2000s tile patterns, cabinetry, and blue carpeting, meeting the criteria for homes over 20 years old needing cosmetic updates.
The 4,570 sqft floor plan offers exceptional utility with a rare full basement featuring a bar, two luxurious primary suites, and a massive 4-car garage, catering perfectly to multi-generational living or high-end entertaining.
Perched in the exclusive Calico Ridge area, the property provides sweeping city and mountain views from its private balcony and spa, capturing the quintessential elevated Henderson lifestyle.
At a competitive price point for a custom estate, the remarkably low $15 monthly HOA fee provides significant long-term savings compared to other luxury master-planned communities in the valley.
The assigned public schools carry lower ratings, specifically a 3 for the high school and a 4 for the middle school, which may impact appeal for families prioritizing top-tier education.
Built in 2001, the Spanish-inspired custom finishes may require capital investment for cosmetic updates to meet the aesthetic expectations of modern luxury buyers.
Discover timeless elegance in this Spanish-inspired custom estate nestled in the exclusive hills of Calico Ridge. Amazing curb appeal with 4 car garage! Perched above the valley, this architectural gem blends warmth and grandeur with a gourmet kitchen and wraparound bar opening to an expansive great room adorned with built-in bookcases and an entertainment center. Entertain in style in the formal dining room with a built-in buffet, or retreat to one of two luxurious primary suites, each featuring a cozy fireplace, walk-in closet, jetted tub, and oversized shower. A full basement with bar creates the perfect space for gatherings. Enjoy rare 4-car garage parking and sweeping city views from your private balcony. Relax in the spa under desert skies or explore nearby Lake Mead and miles of scenic trails. With low HOA fees and serene surroundings, this estate offers a lifestyle of sophistication and privacy
No exterior & parking available.
Grades PK-5 • 2.6 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 4,570 | - |
| Lot Size | 13,939 | - |
| Price | $949.5K | $527.3K |
| Price per sq ft | $208 | $279 |
| Built year | 2001 | 0 |
| HOA | $15 | $0 |
| Days on market | 27 | 2555 |
Jun 25, 2026
$949,500
Initial Listing
Jul 29, 1998
$54,000
Public Record