11261 Playa Caribe Avenue, Las Vegas, NV 89138, Las Vegas, 89138 - 3 bed, 2 bath
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11261 Playa Caribe Avenue
Las Vegas, NV 89138
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,898Sq Ft
5,227Lot Size
Property Price
LIST PRICE$579,995
EST. MARKET VALUE
$570,374
SUMMARY
This Single-Story Summerlin West Residence is a Strong Value Opportunity, listed at $595,000—positioned well below the $564,555 Fair Market Value by -5%. While the property is priced slightly above the current estimation, its Fair Condition Rating is bolstered by significant 2023-2024 upgrades, including fresh paint and landscaping. Featuring a 16-foot Granite Kitchen and proximity to Top-Rated Schools like Linda Rankin Givens Elementary, this home offers a premium lifestyle. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey home in a prime location.
Estimated Market Value
$570,374
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11261 Playa Caribe Avenue Subject | $579,995* List Price | 3 | 2 | 1,898 | $301 | - |
A 11232 Playa Caribe Avenue Sold | $565,000 | 3 | 3 | 1,976 | $286 | 0.1 mi |
B 11533 Crimson Rose Avenue Sold | $595,000 | 3 | 2 | 1,904 | $313 | 0.5 mi |
C 11337 Via Spiga Drive Sold | $750,000 | 3 | 3 | 2,003 | $374 | 0.4 mi |
D 11237 VINTNERS Lane Sold | $560,000 | 3 | 2 | 1,904 | $294 | 0.3 mi |
E 11237 Vintners Lane Sold | $560,000 | 3 | 2 | 1,904 | $294 | 0.3 mi |
F 917 Ambrosia Drive Sold | $596,000 | 3 | 3 | 1,620 | $368 | 0.5 mi |
G 11821 Luna Del Mar Lane Sold | $545,000 | 3 | 3 | 1,882 | $290 | 0.8 mi |
H 11433 Valentino Lane Sold | $725,000 | 5 | 3 | 2,542 | $285 | 0.4 mi |
I 11240 Playa Bonita Avenue Pending | $599,950 List Price | 3 | 3 | 2,056 | $292 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2002 (22 years old), the property is well-maintained but dated. While it features recent 2023/2024 paint and landscaping updates, the bathrooms and cabinetry reflect the original 20-year-old builder style. Per the criteria, homes over 20 years with original features are rated Fair.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Linda Rankin Givens Elementary School (9/10).
- Prime Location & Top-Rated Schools
Situated in the highly desirable Summerlin West gated community, this home is within walking distance of Vistas Park and top-rated schools including Linda Rankin Givens Elementary and Palo Verde High School.
- Extensive Recent Upgrades
The property boasts significant 2023-2024 improvements, including fresh interior and exterior paint, upgraded landscaping, and high-end inclusions like an 82-inch TV and LG appliances.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
With a lot size of 5,227 square feet, the outdoor space is relatively limited, which may be a drawback for buyers seeking a large backyard or significant privacy.
- Aging Major Systems
Despite recent cosmetic and landscaping updates, the 2002 construction year suggests that original major mechanical systems or the roof may be approaching the end of their typical service life.
About 11261 Playa Caribe Avenue
A beautiful single-story home in Gated San Marcos in Summerlin West, 3 bedrooms, 2 full baths, 2-car garage. This home has vaulted ceilings, kitchen has a 16 foot granite counter top. Home has upgraded Engineered Wood Floors in Master bedroom and Office/Bedroom. 82" flat screen TV, Microwave, LG Gas Range, Dishwasher and LG Refrigerator are included. Perimeter alarm system. The Vistas Park in Summerlin West.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $30 / Month
Neighborhood Insights
Las Vegas Unified Schools
Linda Rankin Givens Elementary School
Grades PK-5 • 0.3 mi
9/10
Sig Rogich Middle School
Grades 6-8 • 0.5 mi
8/10
Palo Verde High School
Grades 9-12 • 0.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,898 | 1,961.945 |
| Lot Size | 5,227 | 6,098 |
| Price | $580.0K | $486.0K |
| Price per sq ft | $306 | $259 |
| Built year | 2002 | 2002 |
| HOA | $30 | $83 |
| Days on market | 43 | 62 |
Pricing History
Listed for Sale
Sep 8, 2026
$579,995
$584,995
-1% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$584,995
$589,995
-1% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$589,995
$594,995
-1% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$594,995
$595,000
+0% Price Increase
Initial Listing
Price Change
Jul 28, 2026
$595,000
Initial Listing