
Las Vegas, NV 89138
Analysis of 12147 Red Iris Ave, Las Vegas, NV 89138 is currently available with a list price of $727,950. 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 with high-end designer finishes. Features a gourmet kitchen with quartz countertops, stainless steel GE appliances, and matte black fixtures. All systems are new and the property is in mint, move-in ready condition.
This brand-new Richmond American home is loaded with high-end finishes, including a gourmet kitchen with GE stainless-steel appliances, quartz countertops, matte black fixtures, and upgraded maple cabinetry with soft-close features.
Located in the highly desirable Summerlin Village 25 (89138 zip code), the property offers prestige and access to top-tier community amenities in one of Las Vegas's most sought-after master-planned developments.
Built in 2026, the home features contemporary 9' ceilings, energy-efficient smart thermostats, video doorbells, and home theater pre-wiring, providing a turnkey experience with full builder warranties.
The property has been on the market for 96 days and has undergone seven price reductions, suggesting that the initial list price was significantly above market expectations for a townhouse.
With a lot size of only 3,484 square feet for a 2,450-square-foot residence, the property offers very limited private yard space, which may be a drawback for buyers seeking outdoor recreation areas.
*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/latte 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, 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 | 3,484 | - |
| Price | $728.0K | $324.2K |
| Price per sq ft | $297 | $237 |
| Built year | 2026 | 0 |
| HOA | $69 | $0 |
| Days on market | 108 | 276 |
Jul 21, 2026
$727,950
$737,950
-1% Price Drop
Initial Listing
Jul 9, 2026
$737,950
$747,950
-1% Price Drop
Initial Listing
Jun 9, 2026
$747,950
$757,950
-1% Price Drop
Initial Listing
Jun 5, 2026
$757,950
$767,950
-1% Price Drop
Initial Listing
May 29, 2026
$767,950
$775,950
-1% Price Drop
Initial Listing
Apr 21, 2026
$775,950
$776,384
+0% Price Increase
Initial Listing
Apr 15, 2026
$776,384
$775,384
+0% Price Increase
Initial Listing
Apr 6, 2026
$775,384
Initial Listing