4909 Royal Lake Avenue, Las Vegas, NV 89131, Las Vegas, 89131 - 4 bed, 3 bath
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4909 Royal Lake Avenue
Las Vegas, NV 89131
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,684Sq Ft
4,356Lot Size
Property Price
LIST PRICE$390,000
EST. MARKET VALUE
$392,572
SUMMARY
This Spacious Four-Bedroom Residence is a Strong Value Opportunity, listed at $390,000—positioned well below the $392,573 Fair Market Value by 0.66%. This valuation gap offers $2,573 in Instant Equity for the buyer. With a Fair Condition Rating, the home provides a functional layout near the highly-rated Howard E Heckethorn Elementary School. While the property requires cosmetic updates to modernize its original 2002 finishes, it remains a stable asset for Buy-and-Hold Investors or first-time buyers seeking entry into a prime school district.
Estimated Market Value
$392,572
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 |
|---|---|---|---|---|---|---|
★ 4909 Royal Lake Avenue Subject | $390,000* List Price | 4 | 3 | 1,684 | $233 | - |
A 4916 Morning Splash Avenue Sold | $435,000 | 3 | 3 | 1,684 | $258 | 0.1 mi |
B 5112 Amethyst Creek Court Sold | $415,000 | 4 | 2 | 1,687 | $246 | 0.4 mi |
C 5008 Apache Valley Avenue Sold | $355,000 | 3 | 2 | 1,396 | $254 | 0.6 mi |
D 5028 Charlo Drive Sold | $400,000 | 3 | 2 | 1,396 | $287 | 0.2 mi |
E 5016 Stone Bay Avenue Sold | $503,000 | 4 | 3 | 2,177 | $231 | 0.4 mi |
F 7515 Splashing Rock Drive Sold | $425,000 | 3 | 2 | 1,674 | $254 | 0.4 mi |
G 7515 Splashing Rock Drive Sold | $425,000 | 3 | 2 | 1,674 | $254 | 0.4 mi |
H 7674 Rainbow Cove Drive Pending | $350,000 List Price | 3 | 2 | 1,594 | $220 | 0.2 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 2002, this 22-year-old property falls into the 'Fair' category as it exceeds the 20-year mark without evidence of major renovations. While the listing describes it as 'beautifully maintained,' the provided imagery shows dated builder-grade cabinetry and finishes from the original construction era. At this age, major systems like HVAC and the roof are likely nearing the end of their functional lifespan and will require updates soon.
PROSSTRENGTHS & OPPORTUNITIES
- Excellent School Proximity
The property is located just 0.3 miles from Howard E Heckethorn Elementary, a highly-rated school (8/10), making it an ideal choice for families with young children.
- Motivated Seller & Price Adjustment
With a recent $20,000 price reduction and an explicitly motivated seller, there is significant potential for buyers to negotiate a favorable deal in a competitive market.
- Efficient Four-Bedroom Layout
The 1,684 sqft floor plan is thoughtfully designed to accommodate four bedrooms, providing high utility and flexibility for growing families or remote work needs.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
The lot size of 4,356 sqft is relatively compact, which may be a drawback for buyers seeking a large backyard or significant private outdoor recreation space.
- Extended Days on Market
Having been on the market for 37 days despite a price cut, the property may be facing perceived value challenges or stiff competition in the immediate Lynbrook area.
About 4909 Royal Lake Avenue
MOTOVATED SELLER!!!!! Welcome to this beautifully maintained two-story home featuring 4 spacious bedrooms, 2 full bathrooms, and 1 convenient half bath. The thoughtfully designed floor plan offers generous living spaces, ideal for both everyday living and entertaining. The kitchen opens to the dining and living areas, creating a warm and inviting atmosphere. Upstairs, the spacious primary suite provides a private retreat, while the additional bedrooms offer flexibility for family, guest, or home office. Enjoy a low-maintenance backyard perfect for relaxing or entertaining. Conveniently located near parks, schools, shopping, dining, and easy freeway access, this home comfort, functionality, and an excellent location. Don't miss this fantastic opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $90 / Month
Neighborhood Insights
Las Vegas Unified Schools
Howard E Heckethorn Elementary School
Grades PK-5 • 0.3 mi
8/10
Anthony Saville Middle School
Grades 6-8 • 1.5 mi
5/10
Shadow Ridge 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 | 3.0 | 3.0 |
| Square foot | 1,684 | 1,961.945 |
| Lot Size | 4,356 | 6,098 |
| Price | $390.0K | $486.0K |
| Price per sq ft | $232 | $259 |
| Built year | 2002 | 2002 |
| HOA | $90 | $83 |
| Days on market | 65 | 62 |
Pricing History
Listed for Sale
Jul 31, 2026
$390,000
$410,000
-5% Price Drop
Initial Listing
Price Change
Jul 6, 2026
$410,000
Initial Listing