
Las Vegas, NV 89138
Analysis of 12119 Red Iris Ave, Las Vegas, NV 89138 is currently available with a list price of $702,950. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new 2026 construction featuring high-end designer finishes, including a gourmet kitchen with quartz countertops, maple cabinetry, and stainless-steel GE appliances. The property includes modern upgrades such as 9-foot ceilings, smart home technology, and premium flooring throughout, meeting the highest standards for new construction with no physical depreciation.
Situated in the highly sought-after Summerlin Village 25, this property offers access to top-tier master-planned amenities and excellent long-term value retention in one of Las Vegas's most prestigious areas.
This brand-new home features extensive premium finishes, including a gourmet kitchen with quartz countertops, maple cabinetry with soft-close features, and a comprehensive smart home technology package.
As a 2026 build, the property provides the latest in energy efficiency, contemporary architectural design with 9-foot ceilings, and the peace of mind associated with new home warranties.
With a lot size of only 3,049 square feet, the property offers very minimal private yard space, which may be a drawback for buyers prioritizing outdoor living or gardening.
Priced at nearly $750,000, this townhouse sits at a high price-per-square-foot that may face stiff competition from detached single-family homes in nearby neighborhoods.
*Brand New Richmond American Designer Home* - Features include - 9' ceilings w/8' doors throughout, tile tub/shower surrounds, Smart wifi programmable thermostat, soft water loop, gourmet kitchen config w/GE stainless-steel appliance pkg. w/pyramid hood, Premier maple cabinets w/slate finish, door hardware, soft-close features, and 42" kitchen uppers; upgraded quartz kitchen and bath countertops, tile backsplash at kitchen, upgraded stainless-steel kitchen sink and faucet, add'l. ceiling fan prewires and lighting, upgraded stainless-steel bathroom faucets and accessories, upgraded carpet and ceramic tile flooring throughout; two-tone interior paint, upgraded interior trim pkg., black iron stair rails, laundry cabinets, home theater prewire, video doorbell, + more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,425 | - |
| Lot Size | 3,049 | - |
| Price | $703.0K | $324.2K |
| Price per sq ft | $290 | $237 |
| Built year | 2026 | 0 |
| HOA | $69 | $0 |
| Days on market | 109 | 276 |
Jul 21, 2026
$702,950
$712,950
-1% Price Drop
Initial Listing
Jul 9, 2026
$712,950
$722,950
-1% Price Drop
Initial Listing
Jun 9, 2026
$722,950
$732,950
-1% Price Drop
Initial Listing
Jun 5, 2026
$732,950
$742,950
-1% Price Drop
Initial Listing
May 29, 2026
$742,950
$747,993
-1% Price Drop
Initial Listing
May 19, 2026
$747,993
$750,793
+0% Price Increase
Initial Listing
May 5, 2026
$750,793
$750,774
+0% Price Increase
Initial Listing
Apr 28, 2026
$750,774
$750,853
+0% Price Increase
Initial Listing
Apr 15, 2026
$750,853
$749,853
+0% Price Increase
Initial Listing
Apr 5, 2026
$749,853
Initial Listing