12131 Red Iris Ave, Las Vegas, NV 89138, Las Vegas, 89138 - 3 bed, 3 bath
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Las Vegas, NV 89138
Analysis of 12131 Red Iris Ave, Las Vegas, NV 89138 is currently available with a list price of $643,950. 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.
Brand new 2026 construction in mint condition. Features a gourmet kitchen with quartz countertops, stainless steel appliances, and modern maple cabinets. Systems are brand new, including a smart thermostat and soft water loop, requiring zero maintenance.
As a 2026 Richmond American Designer Home, the property features high-end modern upgrades including a gourmet kitchen with GE stainless-steel appliances, quartz countertops, and smart home technology.
Situated in the highly desirable Summerlin Village 25, this home offers the prestige and lifestyle of Las Vegas's premier master-planned community with a relatively low monthly HOA fee of $69.
With 2,070 square feet of living space, 9-foot ceilings, and 8-foot doors, this townhouse provides a generous and airy footprint that rivals many detached single-family homes.
The property has been on the market for over 100 days and has undergone seven price reductions, suggesting initial overpricing or a lack of buyer urgency at the current valuation.
The compact 3,049 square foot lot is typical for high-density townhome developments but offers very little private yard space for buyers prioritizing outdoor living or gardening.
*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 sink and cabinets, home theater prewire, video doorbell, + more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,070 | - |
| Lot Size | 3,049 | - |
| Price | $644.0K | $324.2K |
| Price per sq ft | $311 | $237 |
| Built year | 2026 | 0 |
| HOA | $69 | $0 |
| Days on market | 108 | 276 |
Jul 21, 2026
$643,950
$653,950
-2% Price Drop
Initial Listing
Jul 9, 2026
$653,950
$663,950
-2% Price Drop
Initial Listing
Jun 9, 2026
$663,950
$673,950
-1% Price Drop
Initial Listing
Jun 5, 2026
$673,950
$690,950
-2% Price Drop
Initial Listing
May 29, 2026
$690,950
$695,950
-1% Price Drop
Initial Listing
Apr 21, 2026
$695,950
$696,514
+0% Price Increase
Initial Listing
Apr 15, 2026
$696,514
$695,514
+0% Price Increase
Initial Listing
Apr 6, 2026
$695,514
Initial Listing