5000 Red Rock Street 240, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
5000 Red Rock Street 240
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5000 Red Rock Street 240, Las Vegas, NV 89118 is currently available with a list price of $279,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring new kitchen cabinets, new appliances, and updated bathrooms with new vanities and modern hardware. With new flooring, fresh paint, and a re-tiled fireplace, the interior meets current quality standards and is in turn-key condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financial Incentives
The property comes with HOA fees pre-paid through 2026, providing the buyer with significant immediate savings and a lower monthly carrying cost for the first two years.
- Rare Parking and Storage
Unlike most condominiums in this price range, this unit features a rare attached 2-car garage, offering superior security, convenience, and additional storage space.
- Comprehensive Modern Updates
The interior is fully turn-key, featuring extensive renovations including new flooring, fresh paint, updated kitchen cabinetry, new appliances, and modernized bathrooms.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5572, other record lot size in square feet = 2304. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Underperforming School District
The assigned middle and high schools are rated 4/10, which may be a deterrent for families seeking high-performing educational environments and could impact long-term resale value.
- Market Re-entry Perception
The 'Back on Market' status can often trigger buyer hesitation or increased scrutiny regarding previous inspection findings or the stability of the prior transaction.
About 5000 Red Rock Street 240
BACK ON MARKET! HOA PAID THROUGH 2026 + RARE 2-CAR GARAGE. Resort style pool, clubhouse and jacuzzi. Just 10 minutes from the Las Vegas Strip, dining, shows, and major sports venues, this gated Laguna Del Rey condo offers unbeatable value. A rare low-cost, turn-key opportunity. Beautifully updated 2-bedroom + den (convertible to 3rd bedroom), 2-bath upstairs unit featuring new flooring, fresh paint, new kitchen cabinets, new appliances, and a re-tiled fireplace. Bathrooms updated with new vanities, toilets, and modern hardware. Vaulted ceilings and open living area lead to a private patio. Spacious primary suite with walk-in closet. Rare attached 2-car garage. Furniture can be included. Community pool and itness center. Active home warranty. Close to shopping, dining, and freeway access. Priced to sell.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- 5,572 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $341 / Month
Neighborhood Insights
Las Vegas Unified Schools
Helen Jydstrup Elementary School
Grades PK-5 • 0.2 mi
Grant Sawyer Middle School
Grades 6-8 • 1.0 mi
Durango High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,439 | 1,070 | 93% |
| Lot Size | 5,572 | - | 72% |
| Price | $279.0K | $172.0K | 95% |
| Price per sq ft | $194 | $194 | 50% |
| Built year | 1996 | 1995 | 50% |
| HOA | $341 | $221 | 87% |
| Days on market | 101 | 570 | 5% |
Pricing History
Listed for Sale
Nov 26, 2025
$279,000
Initial Listing
Sold
Jun 27, 1996
$112,000
Public Record