5000 Red Rock Street 248, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
5000 Red Rock Street 248
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5000 Red Rock Street 248, Las Vegas, NV 89118 is currently available with a list price of $229,900. 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 with significant recent capital improvements, including a 3-year-old A/C unit and brand-new windows. The interior has been modernized with granite countertops, ceramic tile flooring, and updated appliances, which elevates the condition above its 1993 original build date.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a newer A/C unit (only 3 years old) and brand-new windows, offering enhanced energy efficiency and reducing immediate maintenance concerns for the new owner.
- Modernized Interior Finishes
The unit is move-in ready with upgraded granite countertops, ceramic tile flooring, and updated appliances, providing a contemporary feel that appeals to modern buyers.
- Desirable Community Amenities
Located in Laguna Del Rey, the property offers access to a comprehensive amenity package including a gym, pool, and playground, all situated near the Las Vegas Strip.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5823, other record lot size in square feet = 2304.
- High Monthly HOA Fees
The association fee of $345 per month is relatively high for a sub-1,000 square foot condo, which may impact the overall affordability for budget-conscious buyers.
- Second-Floor Accessibility
Being an upstairs unit, the property may be less desirable for individuals with mobility issues or those who prefer the convenience of ground-floor access.
About 5000 Red Rock Street 248
Welcome home! This is a lovely upstairs unit located in the desirable Laguna Del Rey community. The Laguna Del Rey community has a gym, community pool, waterscape and playground, and located near the Las Vegas strip! This unit has ceramic tile flooring, granite counter tops, updated features and appliances. You can enjoy a nice evening on the balcony overlooking the mature landscaping, this is such a lice unit! The unit has new windows, and the a/c unit is only 3 years old.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- 5,823 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $345 / Month
Neighborhood Insights
Las Vegas Unified Schools
Helen Jydstrup Elementary School
Grades PK-5 • 0.1 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 | 989 | 1,053 | 43% |
| Lot Size | 5,823 | - | 74% |
| Price | $229.9K | $172.0K | 66% |
| Price per sq ft | $232 | $196 | 75% |
| Built year | 1993 | 1994 | 42% |
| HOA | $345 | $221 | 88% |
| Days on market | 52 | 570 | 1% |
Pricing History
Listed for Sale
Jan 14, 2026
$229,900
Initial Listing
Sold
May 19, 1994
$78,000
Public Record