12139 Red Iris Ave, Las Vegas, NV 89138, Las Vegas, 89138 - 4 bed, 3 bath
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Las Vegas, NV 89138
Analysis of 12139 Red Iris Ave, Las Vegas, NV 89138 is currently available with a list price of $699,950. 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 in mint condition. It features a modern gourmet kitchen with quartz countertops and stainless steel appliances, designer bathrooms with matte black fixtures, and brand-new energy-efficient systems including a smart thermostat and soft water loop.
As a 2026 Richmond American Designer Home, this property offers the latest in modern architecture, featuring 9' ceilings, 8' doors, and energy-efficient smart home technology for a completely turnkey experience.
The kitchen is a standout feature with a GE stainless-steel appliance package, premier maple cabinets with soft-close features, upgraded quartz countertops, and a stylish tile backsplash.
The home is loaded with upscale upgrades, including matte black bathroom fixtures, black iron stair rails, upgraded ceramic tile flooring, and a home theater prewire, providing a luxury aesthetic throughout.
With a lot size of just 3,049 square feet for a 2,450 square foot townhouse, the property offers very minimal private yard space, which may deter buyers looking for significant outdoor utility.
The property has been on the market for 101 days and has undergone six consecutive price reductions, which may indicate that the initial pricing was misaligned with the current townhouse market demand in Summerlin.
*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/almond 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 matte black faucet, add'l. ceiling fan prewires and lighting, upgraded matte black bathroom faucets and accessories, upgraded carpet and ceramic tile flooring throughout; two-tone interior paint, upgraded interior trim pkg., black iron stair rails, 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 | $700.0K | $324.2K |
| Price per sq ft | $286 | $237 |
| Built year | 2026 | 0 |
| HOA | $69 | $0 |
| Days on market | 108 | 276 |
Jul 21, 2026
$699,950
$709,950
-1% Price Drop
Initial Listing
Jul 9, 2026
$709,950
$719,950
-1% Price Drop
Initial Listing
Jun 9, 2026
$719,950
$729,950
-1% Price Drop
Initial Listing
Jun 5, 2026
$729,950
$739,950
-1% Price Drop
Initial Listing
May 29, 2026
$739,950
$744,950
-1% Price Drop
Initial Listing
Apr 21, 2026
$744,950
$745,087
+0% Price Increase
Initial Listing
Apr 6, 2026
$745,087
Initial Listing