9723 Villa Lorena Avenue, Las Vegas, NV 89147, Las Vegas, 89147 - 3 bed, 3 bath
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Las Vegas, NV 89147
This High-Potential Investment Opportunity is listed at a List Price of $389,900, positioned well above the $309,209 Fair Market Value. While the property currently lacks instant equity, it offers significant long-term value through its Prime Location in a Summerlin-adjacent neighborhood and a 2025 HVAC upgrade. Featuring a Fair Condition Rating with original cabinetry, the home provides a canvas for cosmetic updates to drive appreciation. With a functional primary suite and park views, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic entry into a desirable market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9723 Villa Lorena Avenue Subject | $389,900* List Price | 3 | 3 | 1,458 | $212 | - |
A 4786 Castel Martini Court Sold | $395,000 | 3 | 3 | 1,731 | $228 | 0.5 mi |
B 4786 CASTEL MARTINI Court Sold | $395,000 | 3 | 3 | 1,731 | $228 | 0.5 mi |
C 9748 Villa Lorena Avenue Active | $385,000 List Price | 3 | 3 | 1,516 | $254 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (21 years old), the property falls into the 'Fair' category as it is over 20 years old with original dated elements. While the HVAC is a major plus (replaced in 2025) and granite counters have been added, the oak cabinetry and white appliances are original to the build and require updating to meet modern standards.
The property is situated in a highly desirable Summerlin-adjacent neighborhood with a community park directly across the street, offering excellent lifestyle convenience and appeal.
A brand-new HVAC system installed in 2025 provides significant value, ensuring energy efficiency and reducing the likelihood of immediate major maintenance costs.
The primary suite features a private balcony, dual vanities, and a walk-in closet, providing a sophisticated and comfortable retreat for the homeowner.
The property includes only a one-car garage, which may be a constraint for multi-vehicle households or those requiring extra storage space.
With a lot size of 2,178 square feet, the outdoor space is relatively small, potentially limiting options for gardening or extensive outdoor entertaining.
Charming two-story home with 3 bedrooms, 2.5 baths, and a 1-car garage in a highly desirable Summerlin-adjacent location. The open living and dining areas create a comfortable layout ideal for everyday living and entertaining. The spacious primary suite features a private balcony, walk-in closet, and ensuite bath with dual vanities and a make-up table. Generously sized secondary bedrooms and an upstairs laundry room add everyday convenience. The kitchen offers granite countertops, tile flooring, and a large pantry. Additional highlights include a newer HVAC system installed in 2025, a mix of tile and carpet flooring, ample storage beneath the staircase, a nicely sized yard, and a community park located just across the street.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,458 | 1,942 | 19% |
| Lot Size | 2,178 | 6,098 | 3% |
| Price | $389.9K | $410.0K | 38% |
| Price per sq ft | $267 | $228 | 72% |
| Built year | 2005 | 1996 | 90% |
| HOA | $55 | $0 | 80% |
| Days on market | 15 | 504 | 1% |
May 22, 2026
$389,900
Initial Listing