4711 Grand Ridge Court, Las Vegas, NV 89147, Las Vegas, 89147 - 4 bed, 4 bath
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4711 Grand Ridge Court
Las Vegas, NV 89147
ACTIVE
CONDITION: FAIR
4Beds
4Baths
2,533Sq Ft
6,534Lot Size
Property Price
LIST PRICE$543,500
EST. MARKET VALUE
$524,623
3% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a fully leased single-family residence listed at $543,500, positioned slightly above the $537,427 Fair Market Value. With a Condition Rating of 4, the property offers a stable, turnkey income stream through March 2029 at $2,385/month. Featuring a spacious 2,533 sq ft layout and low $19/mo HOA fees, it provides excellent cash flow potential. Located near top-rated schools like Frank Kim Elementary, this asset is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate, long-term rental stability.
Estimated Market Value
$524,623
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 |
|---|---|---|---|---|---|---|
★ 4711 Grand Ridge Court Subject | $543,500* List Price | 4 | 4 | 2,533 | $207 | - |
A 4767 Beaconsfield Street Sold | $465,000 | 4 | 3 | 1,853 | $251 | 0.6 mi |
B 7517 Palermo Avenue Sold | $570,000 | 4 | 3 | 2,449 | $233 | 0.5 mi |
C 4386 Newhaven Drive Sold | $431,000 | 4 | 3 | 2,016 | $214 | 0.7 mi |
D 7045 Grasswood Drive Sold | $435,000 | 4 | 3 | 1,982 | $219 | 1.0 mi |
E 7764 Pacemont Court Sold | $399,000 | 3 | 3 | 1,558 | $256 | 0.1 mi |
F 4702 San Palo Way Sold | $595,000 | 5 | 3 | 2,890 | $206 | 0.3 mi |
G 4302 Cloverhill Court Sold | $440,000 | 4 | 2 | 1,799 | $245 | 0.8 mi |
H 4839 Beaconsfield Street Sold | $398,000 | 3 | 2 | 1,555 | $256 | 0.6 mi |
I 7823 Windward Road Active | $588,000 List Price | 3 | 3 | 2,533 | $232 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1997 (27 years old), the property is dated with original-style tile countertops and older white appliances in the kitchen. While functional and currently leased, the interior finishes and systems are nearing the end of their typical lifecycle and will require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Stable Long-Term Income
The property is a turnkey investment fully leased through March 2029 at $2,385/month, providing immediate cash flow and long-term tenant stability.
- Low Operating Expenses
With an exceptionally low HOA fee of only $19 per month and tenants responsible for all utilities, the property offers high net operating income potential.
- Spacious and Functional Layout
The 2,533 sq ft floor plan includes 4 bedrooms, 4 bathrooms, and a 3-car garage, making it a highly desirable configuration for families and long-term renters.
CONSRISKS & DEFICIENCIES
- Limited Inspection Access
Strict 'do not disturb occupant' requirements and mandatory notice for showings may complicate the due diligence process for prospective buyers.
- As-Is Condition Risk
The property is sold as-is with no seller representations regarding future tenancy or property condition, potentially requiring unforeseen capital expenditures.
About 4711 Grand Ridge Court
Turnkey investment opportunity in Rancho Brias. Fully leased SFR with a quality long-term tenant in place through 3/31/29 at $2,385/mo; tenant pays utilities. 4 bed / 4 bath (3 full + 1 three-quarter), 2,533 sq ft, 3-car garage. HOA $19/mo. Part of a 12-home Las Vegas SFR portfolio offered for bulk purchase; seller may consider an individual offer. Buyer must have written offer + POF on file prior to any showing. Full portfolio package and rent roll available from listing agent. Do not disturb occupants. Showings by appointment with proper NRS 118A notice. Offered as-is; seller makes no representations regarding future tenancy
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $19 / Month
Neighborhood Insights
Las Vegas Unified Schools
Frank Kim Elementary School
Grades PK-5 • 0.5 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 1.7 mi
4/10
Durango High School
Grades 9-12 • 1.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,533 | 1,961.945 |
| Lot Size | 6,534 | 6,098 |
| Price | $543.5K | $486.0K |
| Price per sq ft | $215 | $259 |
| Built year | 1997 | 2002 |
| HOA | $19 | $83 |
| Days on market | 96 | 62 |
Pricing History
Listed for Sale
Jun 5, 2026
$543,500
Initial Listing