361 Coastal Redwood Street, Las Vegas, NV 89138, Las Vegas, 89138 - 5 bed, 4 bath
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361 Coastal Redwood Street
Las Vegas, NV 89138
ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
3,083Sq Ft
5,663Lot Size
Property Price
LIST PRICE$885,000
EST. MARKET VALUE
$885,000
SUMMARY
This Modern Desert Luxury Residence is a Prime Investment Opportunity, listed at $965,000—positioned well below the $993,388 Fair Market Value by 2%. This valuation gap offers $28,388 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the 2020-built home features a chef’s kitchen with Kodiak Quartz, luxury vinyl flooring, and a versatile 5-bedroom layout. Located in the prestigious Summerlin West near Red Rock Canyon, it balances financial logic with high-end lifestyle perks. This is an ideal acquisition for Owner-Occupants or Upscale Families.
Estimated Market Value
$885,000
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 361 Coastal Redwood Street Subject | $885,000* List Price | 5 | 4 | 3,083 | $287 | - |
A 354 American Dipper Street Sold | $1,085,000 | 5 | 4 | 3,089 | $351 | 0.1 mi |
B 12477 Dolan Point Street Sold | $855,000 | 4 | 4 | 2,591 | $330 | 0.3 mi |
C 12355 Grey Dunes Avenue Sold | $955,000 | 4 | 3 | 2,649 | $361 | 0.5 mi |
D 12355 Aster Hills Avenue Sold | $965,000 | 4 | 3 | 2,649 | $364 | 0.6 mi |
E 452 Harmony Bay Avenue Sold | $849,990 | 4 | 3 | 2,337 | $364 | 0.2 mi |
F 379 Spotted Dove Street Sold | $700,000 | 4 | 3 | 2,077 | $337 | 0.1 mi |
G 331 Wind Poppy Street Sold | $700,000 | 4 | 3 | 2,107 | $332 | 0.2 mi |
H 372 Purple Sandpiper Street Sold | $680,000 | 4 | 3 | 2,087 | $326 | 0.1 mi |
I 12571 Huckleberry Oak Avenue Active | $1,099,000 List Price | 4 | 4 | 3,083 | $356 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this home is only 4 years old and remains in mint condition. The interior features modern desert luxury finishes including a chef's kitchen with Kodiak Quartz countertops, stainless steel Whirlpool appliances, and luxury vinyl flooring throughout. Systems are contemporary, highlighted by a tankless water heater, and the property requires no maintenance, making it fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Summerlin West Location
Situated in the highly desirable 89138 zip code, this property offers elite access to Downtown Summerlin, Red Rock Canyon, and the 215 Beltway, ensuring strong long-term appreciation.
- Modern High-End Finishes
Built in 2020, the home features a chef-inspired kitchen with Kodiak Quartz countertops, luxury vinyl flooring, and energy-efficient upgrades like a tankless water heater.
- Versatile 5-Bedroom Layout
With over 3,000 sq ft and a 5-bedroom, 4-bathroom configuration, the floor plan provides exceptional flexibility for multi-generational living, guests, or a professional home office.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5663, other record lot size in square feet = 5462. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Compact Lot Size
The 5,663 sq ft lot is relatively modest for a home of this size, which may limit outdoor recreational space or the ability to add significant backyard features like a large pool.
- Limited Garage Capacity
A 2-car garage for a 5-bedroom residence may be insufficient for larger households with multiple drivers or those requiring additional storage space.
About 361 Coastal Redwood Street
Situated in the coveted Summerlin West 89138, this newly built two-story home offers 3,036 sq ft of modern desert luxury. Designed for both entertaining and everyday living, it features soaring 9-ft ceilings, abundant natural light, and a sleek two-tone Modern Gray palette. Stylish luxury vinyl flooring runs throughout for a clean, low-maintenance finish. The chef’s kitchen showcases 42-inch cabinetry, Kodiak Quartz countertops, a Moen® pulldown faucet, undermount sink, Whirlpool stainless steel appliances, and a striking glass canopy hood. With 5 bedrooms and 4 bathrooms, the layout offers flexibility for family, guests, or a home office. Landscaped front and backyards provide a low-maintenance desert-chic outdoor space. Additional highlights include a tankless water heater and 2-car garage. Ideally located near Downtown Summerlin, Red Rock Canyon, and the 215 Beltway for easy access to dining, shopping, and the Las Vegas Strip.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $63 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,083 | 1,961.945 |
| Lot Size | 5,663 | 6,098 |
| Price | $885.0K | $486.0K |
| Price per sq ft | $287 | $259 |
| Built year | 2020 | 2002 |
| HOA | $63 | $83 |
| Days on market | 139 | 62 |
Pricing History
Listed for Sale
Jul 18, 2026
$885,000
$900,000
-2% Price Drop
Initial Listing
Price Change
Jun 30, 2026
$900,000
$924,000
-3% Price Drop
Initial Listing
Price Change
May 19, 2026
$924,000
$936,000
-1% Price Drop
Initial Listing
Price Change
May 5, 2026
$936,000
$965,000
-3% Price Drop
Initial Listing
Price Change
Apr 23, 2026
$965,000
Initial Listing