5009 Forest Oaks Drive, Las Vegas, NV 89149, Las Vegas, 89149 - 3 bed, 3 bath
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Las Vegas, NV 89149
This Single Family Residence in the Painted Desert community represents a Strong Value Opportunity, listed at $407,222—positioned well below the $386,482 Fair Market Value by -5%. Featuring a private pool and tall ceilings, the home maintains a Condition Rating of 4, offering a balance of move-in readiness and potential for modernization. Proximity to top-rated schools like Ruthe Deskin Elementary adds long-term stability. This property is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or first-time buyers prioritizing community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5009 Forest Oaks Drive Subject | $407,222* List Price | 3 | 3 | 1,665 | $232 | - |
A 5148 FOREST OAKS Drive Sold | $435,000 | 3 | 3 | 2,197 | $198 | 0.2 mi |
B 5148 Forest Oaks Drive Sold | $435,000 | 3 | 3 | 2,197 | $198 | 0.2 mi |
C 5148 Forest Oaks Drive Sold | $435,000 | 3 | 3 | 2,197 | $198 | 0.2 mi |
D 4940 Forest Oaks Drive Sold | $475,000 List Price | 4 | 4 | 2,260 | 0.0 mi | |
E 5264 Crooked Valley Drive Active | $419,888 List Price | 3 | 3 | 1,596 | $263 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property falls into the >20y category. While the description notes 'some remodeling' and 'mostly move-in condition,' the age of the home and the qualifier 'mostly' suggest that kitchens, baths, and systems are likely dated or require minor repairs/updates to meet modern standards.
The property features a private swimming pool and a well-maintained backyard, providing a premium outdoor oasis that is highly desirable in the Las Vegas climate.
Benefiting from recent remodeling and tall ceilings in the living room, the home offers a modern, spacious feel and is in mostly move-in condition, reducing immediate renovation needs for the buyer.
Located within the Painted Desert Community, the home offers the security and lifestyle benefits of an established golf course neighborhood with a relatively low monthly association fee.
With over 70 days on the market and a recent price reduction, the property's current momentum suggests it may have faced initial overpricing or competition from newer inventory.
Constructed in 1989, the home may soon require significant maintenance or replacement of major systems such as the roof or HVAC, which are not explicitly mentioned as being part of the recent remodel.
Beautiful two story home in the Painted Desert Community. This home has had some remodeling done. It is in mostly move in condition. Nice back yard and does have a pool. Tall ceiling in the living room.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 2.0 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,665 | - |
| Lot Size | 4,356 | - |
| Price | $407.2K | $474.8K |
| Price per sq ft | $245 | $257 |
| Built year | 1989 | 0 |
| HOA | $139 | $0 |
| Days on market | 103 | 526 |
Jun 23, 2026
$407,222
$422,222
-4% Price Drop
Initial Listing
Apr 11, 2026
$422,222
Initial Listing