
Las Vegas, NV 89119
Analysis of 4957 Wilbur Street, Las Vegas, NV 89119 is currently available with a list price of $989,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1962 with partial renovations. While the property features updated LVP flooring and a modernized primary bath, the kitchen is dated with original painted cabinetry and vintage appliances (wall oven and coil cooktop). The presence of popcorn ceilings and older carpet in secondary rooms indicates the renovation is incomplete or over 15 years old in key areas.
The property features a dramatic interior atrium with a koi pond, waterfall, and retractable theater screen, creating a rare and luxurious indoor-outdoor sanctuary.
Minutes from the Strip, Airport, and UNLV, the property offers significant future value through zoning that supports potential commercial or adaptive reuse.
With a 10-person spa, spa-style primary suite, and nearly 4,000 sqft of living space, the home is perfectly equipped for high-end entertaining and luxury living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
Built in 1962, the home may require more frequent maintenance or updates to its core structural systems compared to newer luxury developments.
The potential for commercial or adaptive reuse requires buyer verification and may introduce uncertainty regarding the long-term residential character of the immediate area.
Experience a rare blend of luxury living and future commercial potential in this architecturally distinctive Las Vegas property, ideally located minutes from the Strip, Airport, Convention Center, and UNLV. A dramatic interior atrium with koi pond, waterfall, mature greenery, and retractable theater screen creates a true indoor-outdoor sanctuary. The open living area features vaulted ceilings, a wood-burning fireplace, and a versatile loft ideal for office or media use. The spa-style primary suite includes rainfall shower and modern finishes, while additional bedrooms offer atrium access and flexible layouts. The resort-style backyard showcases a 10-person spa, outdoor TV, and entertaining patio. Ample parking accommodates multiple vehicles or RV. Zoning supports potential commercial or adaptive reuse (buyer to verify).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 85% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 3,950 | 1,616 | 98% |
| Lot Size | 10,454 | 6,970 | 88% |
| Price | $989.0K | $375.0K | 98% |
| Price per sq ft | $250 | $238 | 58% |
| Built year | 1962 | 1983 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 1518 | 2% |
May 3, 2026
$989,000
Initial Listing