5000 Red Rock Street 165, Las Vegas, NV 89118, Las Vegas, 89118 - 3 bed, 2 bath
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Las Vegas, NV 89118
This Spacious Value-Add Condominium is listed at $256,500, offering a stable and competitive entry point for the largest floor plan in the community. Maintaining a Condition Rating of 4, the residence features soaring vaulted ceilings, a private patio, and essential mechanical upgrades including a new A/C unit. Located minutes from the Las Vegas Strip and near Helen Jydstrup Elementary, the property provides convenient access to Grant Sawyer Middle and Durango High. This asset balances lifestyle convenience with significant potential for forced appreciation, making it ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5000 Red Rock Street 165 Subject | $256,500* List Price | 3 | 2 | 1,425 | $168 | - |
A 5000 RED ROCK Street 140 Sold | $277,500 | 2 | 2 | 1,425 | $195 | 0.0 mi |
B 5000 Red Rock Street 262 Sold | $265,000 List Price | 3 | 2 | 1,439 | 0.0 mi | |
C 5000 RED ROCK Street 262 Sold | $182,000 List Price | 3 | 2 | 1,439 | 0.0 mi | |
D 5201 S TORREY PINES Drive 1174 Sold | $209,999 List Price | 2 | 3 | 1,467 | 0.8 mi | |
E 4955 Lindell Road 105 Sold | $266,000 | 3 | 2 | 1,202 | $221 | 0.3 mi |
F 5000 RED ROCK Street 259 Sold | $253,000 | 2 | 2 | 1,212 | $209 | 0.0 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 moderate renovation needed.
The property was built in 1996 (29 years ago) and appears to be largely in its original condition, which aligns with the 'fair' criteria of being built 25-40 years ago without major renovations. While the description mentions a modern kitchen with stainless steel appliances and recent mechanical updates like a new A/C unit and washing machine, the visible interior images show significant signs of age, including dated mirrored walls and carpeting that appears worn and stained. The home is functional and maintained by a single owner, but requires cosmetic updates such as new flooring and paint to meet modern standards.
As one of the largest floor plans in the community and offered at the lowest price point, this 1,425 sq. ft. unit provides significant square footage and value for the Las Vegas market.
The property features a brand-new A/C unit and washing machine, offering immediate peace of mind and reducing the likelihood of near-term capital expenditures for the buyer.
The condo is ideally situated just minutes from the Las Vegas Strip, major freeways, and shopping centers, making it a prime location for both commuters and those seeking proximity to entertainment.
The association fee of $435 per month is relatively high for this price bracket, which may impact monthly affordability and the overall debt-to-income ratio for some buyers.
The assigned middle and high schools carry a rating of 4, which may be a drawback for families specifically seeking top-tier educational performance in their home search.
GORGEOUS CONDO WITH OPEN FLOOR PLAN -3 BEDROOMS, 2 BATHS, WELCOME TO ONE OF THE LARGEST UNITS IN THE COMMUNITY-OFFERED AT THE LOWEST PRICE! THIS BEAUTIFULLY MAINTAINED CONDO HAS HAD ONLY ONE OWNER AND FEATURES SOARING VAULTED CEILINGS, AN OPEN AND AIRY LAYOUT, AND OVERSIZED BEDROOMS FOR ULTIMATE COMFORT. THE MODERN KITCHEN INCLUDES STAINLESS STEEL APPLIANCES, A NEW A/C UNIT AND A NEW WASH MACHINE FOR ADDED CONVENIENCE. ENJOY YOUR MORNING COFFEE OR EVENING RELAXATION ON THE COZY PRIVATE PATIO. ADDITIONAL HIGHLIGHTS INCLUDE EXTRA STORAGE, A ONE -CAR GARAGE WITH DRIVEWAY PARKING , AND A PRIME LOCATION JUST FEW MINUTES FROM LAS VEGAS STRIP, MAJOR FREEWAYS, SHOPPING CENTER AND RESTAURANTS THE COMMUNITY OFFERS RESORT-STYLE AMENITIES, INCLUDING A SPARKLING POOL, FITNESS CENTER, AND MORE -PERFECT FOR ENJOYING THE LAS VEGAS STYLE. YOU WILL LOVE IT, COME SEE IT AND BUY IT .....
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.0 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 | 1,425 | 1,034 | 89% |
| Lot Size | - | - | 50% |
| Price | $256.5K | $184.5K | 85% |
| Price per sq ft | $180 | $202 | 45% |
| Built year | 1996 | 1996 | 50% |
| HOA | $435 | $220 | 98% |
| Days on market | 164 | 986 | 14% |
Nov 9, 2025
$256,500
Initial Listing
Feb 22, 1996
$102,500
Public Record