5001 West Gilmore Avenue, Las Vegas, NV 89130, Las Vegas, 89130 - 6 bed, 4 bath
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5001 West Gilmore Avenue
Las Vegas, NV 89130
ACTIVE
CONDITION: POOR
6Beds
4Baths
2,993Sq Ft
61,420Lot Size
Property Price
LIST PRICE$895,000
SUMMARY
Analysis of 5001 West Gilmore Avenue, Las Vegas, NV 89130 is currently available with a list price of $895,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1960 (64 years old) and the listing description 'Bring your vision' strongly suggests the home requires a total rehab. With no mention of recent renovations to the kitchen, baths, or systems, and an exterior that appears dated and unmaintained, it meets the criteria for poor condition due to age and the need for significant restoration.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 61420, living area = 2993.
- Expansive Lot Size
The property sits on a rare 1.41-acre usable lot, providing exceptional space for outdoor living, expansion, or privacy seldom found this close to the city.
- Versatile Detached Shop
A detached workshop offers significant value for home-based businesses, hobbyists, or additional storage for large equipment and recreational vehicles.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2993, other record living area = 1968. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
- Dated Construction
Built in 1960, the home likely requires extensive modernization and updates to its systems and finishes to meet contemporary standards.
- Significant Renovation Needed
The 'bring your vision' marketing indicates the property may require a substantial capital investment beyond the purchase price to reach its full potential.
About 5001 West Gilmore Avenue
Rare Northwest Las Vegas opportunity on approximately 1.6 acres. This 6-bedroom home sits on a large, usable lot with room to spread out—something you almost never find this close to the city. Detached shop is ideal for a workshop, toys, storage, or a home-based business. Plenty of space for parking, projects, and outdoor living. Convenient to shopping, schools, and the 215. Bring your vision.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 61,420 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,993 | 1,961.945 |
| Lot Size | 61,420 | 6,098 |
| Price | $895.0K | $486.0K |
| Price per sq ft | $299 | $259 |
| Built year | 1960 | 2002 |
| HOA | $0 | $83 |
| Days on market | 8 | 62 |
Pricing History
Listed for Sale
Sep 1, 2026
$895,000
Initial Listing
Sold
Mar 31, 1994
$220,000
Public Record