12123 Red Iris Ave, Las Vegas, NV 89138, Las Vegas, 89138 - 4 bed, 3 bath
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Las Vegas, NV 89138
Analysis of 12123 Red Iris Ave, Las Vegas, NV 89138 is currently available with a list price of $689,950. 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, GE stainless-steel appliances, and upgraded flooring. As a new build, all systems and components meet current quality standards with zero deferred maintenance.
Situated in the prestigious Summerlin Village 25, this property offers residents access to one of Las Vegas's most desirable master-planned communities known for top-tier amenities, parks, and schools.
This brand-new 2026 build features high-end finishes including 9-foot ceilings, 8-foot doors, a gourmet kitchen with quartz countertops, and upgraded flooring throughout, providing a luxury move-in-ready experience.
The home is equipped with modern technology such as a smart Wi-Fi programmable thermostat, home theater prewiring, and a video doorbell, catering to the needs of tech-conscious buyers.
With a lot size of only 3,049 square feet for a 2,450 square foot home, the property offers very limited outdoor space, which may be a drawback for buyers prioritizing a large yard or privacy.
At a list price of nearly $738,000, this townhouse sits at a high price point that competes directly with detached single-family homes in other desirable Las Vegas 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/painted linen 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; upgraded interior trim pkg., Mission style 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 | 2,450 | - |
| Lot Size | 3,049 | - |
| Price | $690.0K | $324.2K |
| Price per sq ft | $282 | $237 |
| Built year | 2026 | 0 |
| HOA | $69 | $0 |
| Days on market | 108 | 276 |
Jul 21, 2026
$689,950
$699,950
-1% Price Drop
Initial Listing
Jul 9, 2026
$699,950
$709,950
-1% Price Drop
Initial Listing
Jun 9, 2026
$709,950
$719,950
-1% Price Drop
Initial Listing
Jun 5, 2026
$719,950
$729,950
-1% Price Drop
Initial Listing
May 29, 2026
$729,950
$735,998
-1% Price Drop
Initial Listing
May 19, 2026
$735,998
$738,998
+0% Price Increase
Initial Listing
May 5, 2026
$738,998
$738,979
+0% Price Increase
Initial Listing
Apr 15, 2026
$738,979
$737,979
+0% Price Increase
Initial Listing
Apr 6, 2026
$737,979
Initial Listing