4005 West Richmar Avenue, Las Vegas, NV 89139, Las Vegas, 89139 - 6 bed, 6 bath
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4005 West Richmar Avenue
Las Vegas, NV 89139
ACTIVE
CONDITION: GOOD
6Beds
6Baths
4,994Sq Ft
49,658Lot Size
Property Price
LIST PRICE$1,995,000
EST. MARKET VALUE
$1,988,157
SUMMARY
This 1.1-Acre Private Estate is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $1,988,158 Fair Market Value (priced at market stability). Featuring a Good Condition Rating, this turnkey property boasts a Tennis Court, Pickleball Court, and Elevator, recently enhanced by $150K in upgrades including Quartzite Kitchen Counters. With No HOA and versatile multi-generational living potential, this residence offers a rare blend of luxury and utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, private sanctuary near the Las Vegas Strip.
Estimated Market Value
$1,988,157
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 |
|---|---|---|---|---|---|---|
★ 4005 West Richmar Avenue Subject | $1,995,000* List Price | 6 | 6 | 4,994 | $398 | - |
A 3910 West Pebble Road Active | $1,535,000 List Price | 5 | 6 | 5,325 | $288 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (18 years old), the property fits the 10-20 year age bracket for 'Good' condition. It is well-maintained and move-in ready, featuring recent updates such as new quartzite kitchen counters and stainless steel appliances. Modern systems like a tankless water heater and high-end finishes including travertine and hardwood flooring further support this rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49658, living area = 4994.
- Exceptional Outdoor Amenities
The 1.1-acre estate functions as a private resort with a tennis court, pickleball court, 11-foot movie screen, and a 60-foot covered patio, offering unparalleled entertainment value.
- Versatile Income & Living Potential
With a proven track record as a successful short-term rental and a layout featuring six bedrooms including a downstairs ensuite with private access, the property is ideal for investors or multigenerational families.
CONSRISKS & DEFICIENCIES
- High Maintenance Requirements
The expansive 1.1-acre grounds, specialized sports courts, and over 100 trees will require substantial ongoing maintenance and utility costs to keep the estate in premium condition.
- Regulatory Risk
As a property marketed for its short-term rental potential, it remains sensitive to evolving local Clark County ordinances and licensing requirements which could impact future income projections.
About 4005 West Richmar Avenue
Hard to find 1.1 Acre estate. No HOA. RV/boat Parking w/50 Amp service. Gated Dual driveways can accommodate parking for 15 cars. Park-like tranquil yard minutes from the Strip/Airport. Mature landscaping offers great seclusion and no water bill well service. Yard features tennis court, Pickleball court, covered 60" patio, 11' movie screen, firepit area, lemon/apricot trees. Home features Elevator to master, naturally lit interior creates a bright airy ambiance downstairs. French doors open to the exterior from the kitchen, dining and living room areas. Travertine flooring throughout the main living area, hardwood flooring upstairs. Master suite with sperate sitting room and outdoor patio. 6 bedrooms /6 baths perfect for family, guests or multigenerational living option. Downstairs bedroom w/ ensuite bath and door to the exterior ideal for tenant or paid guests. Recently invested $150K in upgrades. Home features new quartzite kitchen counters, stainless steel appliances, separate dining area, two washer/dryer connections in laundry room, tankless water heater, four car garage, new tennis court fencing/windscreen, Pool recently retiled.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 49,658 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,994 | 1,961.945 |
| Lot Size | 49,658 | 6,098 |
| Price | $2.00M | $486.0K |
| Price per sq ft | $399 | $259 |
| Built year | 2006 | 2002 |
| HOA | $0 | $83 |
| Days on market | 103 | 62 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,995,000
$2,095,000
-5% Price Drop
Initial Listing
Price Change
Jul 14, 2026
$2,095,000
$2,195,000
-5% Price Drop
Initial Listing
Price Change
Jun 22, 2026
$2,195,000
$2,250,000
-2% Price Drop
Initial Listing
Price Change
Jun 18, 2026
$2,250,000
$2,400,000
-6% Price Drop
Initial Listing
Price Change
May 29, 2026
$2,400,000
Initial Listing