5000 Red Rock Street 118, Las Vegas, NV 89118, Las Vegas, 89118 - 3 bed, 2 bath
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Las Vegas, NV 89118
This Modernized Move-In Ready Condo is listed at $250,000, representing a stable and fair entry point perfectly aligned with its $250,000 Fair Market Value. The residence maintains a Condition Rating of 3 following recent cosmetic updates, including new flooring and fresh interior paint. Functional highlights include a desirable first-floor layout, a large covered patio with peaceful park views, and a cozy fireplace. Located minutes from the Las Vegas Strip and near Helen Jydstrup Elementary, this turnkey home is perfectly suited for Owner-Occupants or second-home buyers seeking a polished Southwest Las Vegas lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5000 Red Rock Street 118 Subject | $245,000* List Price | 3 | 2 | 1,181 | $207 | - |
A 4955 Lindell Road 105 Sold | $266,000 | 3 | 2 | 1,202 | $221 | 0.4 mi |
B 5000 Red Rock Street 262 Sold | $265,000 List Price | 3 | 2 | 1,439 | 0.0 mi | |
C 5000 RED ROCK Street 259 Sold | $253,000 | 2 | 2 | 1,212 | $209 | 0.0 mi |
D 5125 W Reno Avenue 2076 Sold | $282,000 | 2 | 2 | 1,287 | $219 | 0.7 mi |
E 5038 S Rainbow Boulevard 206 Sold | $240,000 | 3 | 2 | 1,163 | $206 | 0.9 mi |
F 5250 S RAINBOW Boulevard 2126 Sold | $192,900 List Price | 3 | 2 | 1,131 | 0.9 mi | |
G 5000 Red Rock Street 241 Active | $284,959 List Price | 3 | 2 | 1,439 | $198 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition, benefiting from recent cosmetic updates including new flooring and fresh interior paint. While the 1991 construction is reflected in the older cabinetry styles and mirrored closet doors, the kitchen has been updated with stone countertops and the unit appears well-maintained with no immediate repairs required. The combination of turnkey interior finishes and functional systems justifies a good rating.
Recently updated with new flooring and fresh paint, this move-in-ready unit eliminates the need for immediate renovation expenses for new owners.
Situated minutes from the Las Vegas Strip and Harry Reid International Airport, the property offers exceptional convenience for commuters and high rental demand for investors.
The rare first-floor positioning features a large covered patio with peaceful park views and a cozy fireplace, providing a comfortable and accessible living space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22413, other record lot size in square feet = 2304.
The monthly association fee of $435 is relatively high for a property at this price point, which may impact the buyer's monthly budget and overall affordability.
The assigned middle and high schools carry lower ratings (4/10), which could be a drawback for families prioritizing high-performing educational districts.
Welcome home to your charming first-floor condo featuring a cozy fireplace and a large covered patio with peaceful park views—perfect for indoor-outdoor living. Freshly updated with new flooring and new paint, this home is move-in ready and offers a functional, comfortable layout. Enjoy the convenience of a covered parking space and a prime location near the airport, just minutes from the Las Vegas Strip, with easy access to shopping, dining, and major roadways. Ideal for owner-occupants, second-home buyers, or investors seeking low-maintenance living in a high-demand area.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,181 | 1,034 | 82% |
| Lot Size | 22,413 | - | 92% |
| Price | $245.0K | $184.5K | 75% |
| Price per sq ft | $207 | $205 | 52% |
| Built year | 1991 | 1996 | 18% |
| HOA | $435 | $220 | 98% |
| Days on market | 100 | 986 | 6% |
Apr 1, 2026
$245,000
$250,000
-2% Price Drop
Initial Listing
Jan 12, 2026
$250,000
Initial Listing