
Las Vegas, NV 89143
This Value-Add Northwest Residence is a High-Potential Investment Opportunity for buyers seeking to build equity in a premier gated community. Listed at $425,000 against a $354,720 Fair Market Value, the asset's upside is found in its spacious 5-bedroom layout and Fair Condition Rating. The floor plan features a rare downstairs bedroom and 3/4 bath, while the location offers proximity to Skye Canyon and top-tier schools like James Bilbray Elementary (Rating 8). This property offers significant forced appreciation potential through renovation, making it an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants ready to customize a spacious home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9624 Fast Elk Street Subject | $425,000* List Price | 5 | 3 | 1,954 | $182 | - |
A 9833 Fast Elk Street Sold | $337,700 | 4 | 3 | 1,954 | $173 | 0.1 mi |
B 8421 WINTERCHASE Place Sold | $493,000 | 4 | 3 | 2,438 | $202 | 1.0 mi |
C 8421 Winterchase Place Sold | $493,000 | 4 | 3 | 2,438 | $202 | 1.0 mi |
D 9029 Tumblewood Sold | $435,000 | 3 | 3 | 2,091 | $208 | 0.9 mi |
E 9029 Tumblewood Avenue Sold | $435,000 | 3 | 3 | 2,091 | $208 | 0.9 mi |
F 9029 Tumblewood Avenue Sold | $435,000 | 3 | 3 | 2,091 | $208 | 0.9 mi |
G 9144 Black Elk Avenue Active | $526,000 List Price | 4 | 3 | 1,954 | $269 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is approximately 21 years old and fits the 'Fair' criteria of being aged but functional. The listing explicitly states the home 'Needs Some TLC' and is priced below neighborhood comps to attract investors or DIY buyers, indicating that cosmetic updates and minor repairs are necessary. While the exterior appears maintained, the lack of recent renovation and the agent's description suggest the interior components and finishes are likely original and show signs of wear.
The home features five bedrooms including a rare downstairs bedroom with an adjacent 3/4 bath, providing an ideal setup for multi-generational living or guests.
Priced below neighborhood comparables, this property offers a fantastic opportunity for investors or DIY buyers to build equity through cosmetic renovations and TLC.
Located in a desirable Northwest Las Vegas gated community, the property is minutes from Skye Canyon shopping, parks, and major freeway access for easy commuting.
The home is explicitly noted as needing 'TLC,' implying that buyers will need to budget for immediate repairs or upgrades to bring the property to its full potential.
At 3,485 square feet, the lot is relatively small for a large five-bedroom home, which may limit outdoor living space and privacy between neighbors.
This Home Needs Some TLC, Making It a Fantastic Opportunity for Buyers Looking To Add Their Personal Touch or Investors Seeking Value. Priced Well Below Neighborhood Comps, This Home Offers Exceptional Upside for the Right Buyer. Discover the Potential in This Spacious 5-Bedroom Home, Perfectly Situated in a Desirable Northwest Las Vegas Gated Community. Featuring a Convenient Downstairs Bedroom With a 3/4 Bath Just Across the Hall, This Flexible Layout Is Ideal For Multi-Generational Living or Guests. Enjoy Being Minutes From the Skye Canyon Shopping Center, Parks, and Quick Access to the I-95/11 Freeway, Making Daily Commutes and Errands a Breeze. With Its Prime Location and Strong Potential, This Is a Rare Chance To Create Something Special—Don’t Miss It!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,954 | - |
| Lot Size | 3,485 | - |
| Price | $425.0K | $474.8K |
| Price per sq ft | $218 | $257 |
| Built year | 2004 | 0 |
| HOA | $71 | $0 |
| Days on market | 223 | 526 |
Dec 11, 2025
$425,000
Initial Listing