4997 Mascaro Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
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4997 Mascaro Drive
Las Vegas, NV 89122
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,377Sq Ft
3,920Lot Size
Property Price
LIST PRICE$320,000
EST. MARKET VALUE
$294,435
8% AboveMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $320,000—positioned well below the $294,436 Fair Market Value by -8%. While the list price exceeds the current estimation, the property maintains a Condition Rating of 3, featuring significant capital improvements including a brand-new HVAC system and luxury vinyl plank flooring. Located in a gated 55+ community with resort-style amenities, this home offers a low-maintenance lifestyle. It is an ideal acquisition for Active Adult Retirees or Owner-Occupants seeking a move-in ready sanctuary.
Estimated Market Value
$294,435
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 |
|---|---|---|---|---|---|---|
★ 4997 Mascaro Drive Subject | $320,000* List Price | 3 | 2 | 1,377 | $214 | - |
A 4945 Mascaro Drive Sold | $325,000 | 3 | 2 | 1,377 | $236 | 0.0 mi |
B 5026 Droubay Drive Sold | $325,000 | 3 | 2 | 1,348 | $241 | 0.1 mi |
C 5148 Mineral Lake Drive Sold | $299,900 | 3 | 2 | 1,377 | $218 | 0.2 mi |
D 5116 JEWEL CANYON Drive Sold | $320,000 | 3 | 2 | 1,377 | $232 | 0.2 mi |
E 5192 Jewel Canyon Drive Sold | $240,000 | 3 | 2 | 1,225 | $196 | 0.2 mi |
F 4911 Midnight Oil Drive Sold | $340,000 | 3 | 3 | 1,540 | $221 | 0.3 mi |
G 4953 Miners Ridge Drive Sold | $329,000 | 3 | 2 | 1,183 | $278 | 0.2 mi |
H 5281 Mineral Lake Drive Sold | $320,000 | 3 | 2 | 1,225 | $261 | 0.4 mi |
I 5234 Panguitch Drive Active | $340,000 List Price | 3 | 2 | 1,377 | $247 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 2002 (22 years old), the property is in well-maintained, move-in ready condition with significant recent capital improvements. Key system upgrades include a brand-new HVAC with a 10-year warranty and a new water heater. Interior updates include new luxury vinyl plank flooring and new appliances. While the kitchen cabinetry remains dated (original 2002 style), the overall maintenance and system replacements elevate it above the 'Fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Mechanical Upgrades
The home features a brand-new A/C with a 10-year warranty, a new water heater, and new appliances, offering immediate peace of mind and significant maintenance savings for the buyer.
- Active Adult Lifestyle Amenities
Located in a desirable gated 55+ community, residents have access to resort-style amenities including a clubhouse, pool, spa, fitness center, and mini-golf.
- Turnkey Condition
The property is move-in ready with luxury vinyl plank flooring, solar screens, and all appliances included, ensuring a seamless transition for the new owner.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
The assigned public schools have low ratings (ranging from 2 to 4), which may negatively impact long-term property appreciation and resale appeal to certain buyer segments.
- Limited Outdoor Space
With a lot size of only 3,920 square feet, the backyard is relatively compact, which may be a drawback for buyers seeking more privacy or extensive gardening space.
About 4997 Mascaro Drive
Move-in ready home in a desirable gated 55+ community offering comfort, convenience, and resort-style amenities. Recent upgrades include a brand-new A/C with 10-year Warranty, new water heater, new washer and dryer, solar screens, and luxury vinyl plank flooring in the great room and primary bedroom. All appliances are included, making this home truly turnkey. Enjoy a private backyard featuring a producing lime tree and jalapeño plants. Residents have access to a clubhouse, community pool and spa, fitness center, mini-golf, guest parking, and an active social calendar. Conveniently located near I-515/US-95 and I-215 with easy access to shopping, dining, Sam's Town, Harry Reid International Airport, the Las Vegas Strip, and Lake Mead National Recreation Area. Experience low-maintenance living in one of Las Vegas' most sought-after active adult communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $140 / Month
Neighborhood Insights
Las Vegas Unified Schools
Sister Robert Joseph Bailey Elementary School
Grades PK-5 • 1.6 mi
4/10
Francis H Cortney Junior High School
Grades 6-8 • 1.9 mi
2/10
Basic Academy
Grades 9-12 • 5.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,377 | 1,961.945 |
| Lot Size | 3,920 | 6,098 |
| Price | $320.0K | $486.0K |
| Price per sq ft | $232 | $259 |
| Built year | 2002 | 2002 |
| HOA | $140 | $83 |
| Days on market | 63 | 62 |
Pricing History
Listed for Sale
Jul 8, 2026
$320,000
Initial Listing