4960 Mascaro Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 2 bed, 2 bath
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Las Vegas, NV 89122
This Single-Story Senior Residence is a Strong Value Opportunity, listed at $275,000—positioned well below the $290,854 Fair Market Value by 5%. This valuation gap secures $15,854 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 4, the home features a 2-car garage and a premium lot backing directly to the Clark County Wetlands Park. Located in a gated 55+ community with a pool and clubhouse, this is an ideal acquisition for Owner-Occupants or downsizing seniors seeking Las Vegas's most affordable detached housing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4960 Mascaro Drive Subject | $275,000* List Price | 2 | 2 | 1,066 | $273 | - |
A 5075 Midnight Oil Drive Sold | $220,000 List Price | 3 | 2 | 1,183 | 0.2 mi | |
B 4940 Mascaro Drive Sold | $305,000 | 3 | 2 | 1,225 | $249 | 0.0 mi |
C 4960 MASCARO Drive Sold | $203,843 | 2 | 2 | 1,066 | $191 | 0.0 mi |
D 5196 Mineral Lake Drive Sold | $305,000 | 2 | 2 | 1,088 | $280 | 0.3 mi |
E 5114 Mascaro Drive Sold | $302,500 | 3 | 2 | 1,377 | $220 | 0.2 mi |
F 5129 Midnight Oil Drive Sold | $310,000 | 3 | 2 | 1,225 | $253 | 0.2 mi |
G 5166 Mascaro Drive Pending | $305,000 List Price | 2 | 2 | 1,066 | $286 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this property is over 20 years old and maintains most of its original features, placing it in the 'fair' category. While the listing is described as move-in ready and shows updated laminate flooring in the living areas, the kitchen and laundry appliances are older white models, and the oak cabinetry and light fixtures are dated. It represents a well-maintained home that is functional but shows clear signs of being outdated compared to modern standards.
Priced at $275,000, this property represents the lowest-priced single-family home with a two-car garage in Las Vegas, offering significant equity potential and affordability.
The home uniquely backs to the Clark County Wetlands Park, providing residents with enhanced privacy and scenic natural views that are rare at this price point.
This move-in-ready residence is located in a secure, gated 55+ community and includes all appliances, a community pool, and a clubhouse for an active lifestyle.
The 55+ age restriction significantly limits the pool of potential buyers, excluding families and younger investors from purchasing the property.
The local middle and high schools carry low ratings (2/10 and 3/10), which may negatively impact long-term property appreciation and general area desirability.
Move in Ready Single Story! Super value! At the time of writing, this is the lowest priced single family home with a 2 car garage in Las Vegas! 55+, gated community, 2 bedroom, 2 bath, 2 car garage! Backs to Clark County Wetlands Park! All appliances included! Community Pool & Clubhouse! Check out our 3D tour, and schedule your private viewing today!
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 5.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,066 | 1,528 | 4% |
| Lot Size | 3,920 | 4,792 | 37% |
| Price | $275.0K | $349.0K | 35% |
| Price per sq ft | $258 | $217 | 78% |
| Built year | 2002 | 2005 | 47% |
| HOA | $144 | $56 | 90% |
| Days on market | 57 | 1002 | 0% |
Feb 25, 2026
$275,000
Initial Listing