5000 Red Rock Street 241, Las Vegas, NV 89118, Las Vegas, 89118 - 3 bed, 2 bath
5000 Red Rock Street 241
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5000 Red Rock Street 241, Las Vegas, NV 89118 is currently available with a list price of $284,989. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and well-maintained, aligning with the 'good' condition category. While built in 1996, the interior has been modernized with granite countertops, white cabinetry, and updated light fixtures. The unit features fresh paint, durable tile flooring throughout, and shutters on all windows, indicating a lack of deferred maintenance. Although it is not a brand-new or fully gutted renovation (which would be required for 'excellent'), the updates to the kitchen and the overall move-in ready status exceed the 'fair' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Space & Layout
As the largest end-unit in the community, this 3-bedroom condo features soaring vaulted ceilings and an open floor plan that provides a spacious, house-like feel.
- Superior Parking & Storage
Rare for condominium living, the property includes an oversized two-car garage, a full two-car driveway, and a dedicated large storage room for vehicles and equipment.
- Modernized & Move-In Ready
The interior boasts fresh paint, updated fixtures, granite countertops, and premium shutters throughout, ensuring a turnkey experience for the new owner.
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.
- High Monthly HOA Fees
At $435 per month, the association fees are relatively high compared to the listing price, which may impact overall monthly affordability for some buyers.
- Average School Ratings
While the elementary school is rated a 6, the assigned middle and high schools carry lower ratings of 4/10, which could be a drawback for education-focused families.
About 5000 Red Rock Street 241
Welcome to this exceptional & spacious 3-bed, 2-bath condo—the largest unit in the community! This rare oversized end-unit is ideally located in one of the best spots in the neighborhood, offering peaceful views of tranquil water features. Inside, you’ll find soaring vaulted ceilings, beautiful tile flooring throughout, granite countertops, white cabinetry, a walk-in pantry & shutters on every window. Freshly painted with updated fixtures, this home has a modern feel & is move-in ready. Enjoy a private patio, oversized 2-car garage, full 2 car driveway & a large storage room perfect for your toys & vehicles. Security door and Rolling shutters for added security while you are away. The community offers resort-style amenities including a pool, fitness area & scenic water features. Conveniently located near major shopping centers & freeway access, this condo combines space, comfort & accessibility.. Call the listing agent to Schedule your private showing or text for the 3D tour!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- 5,572 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435 / 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 | 3.0 | 2.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,439 | 1,070 | 93% |
| Lot Size | 5,572 | - | 72% |
| Price | $285.0K | $172.0K | 97% |
| Price per sq ft | $198 | $196 | 51% |
| Built year | 1996 | 1995 | 50% |
| HOA | $435 | $221 | 99% |
| Days on market | 43 | 570 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$284,989
$284,999
+0% Price Increase
Initial Listing
Price Change
Jan 23, 2026
$284,999
Initial Listing
Sold
Jul 3, 1996
$111,000
Public Record