
Las Vegas, NV 89130
This Functional Value-Add Residence is listed at $400,000, offering a stable acquisition within the established Rancho Alta Mira subdivision. Positioned relative to its $366,654 Fair Market Value, the home provides immediate utility with a Brand New A/C System, a Private Patio, and a rare Oversized 6,098 Sq. Ft. Lot. Currently maintaining a Fair Condition Rating, the property presents a clear path for forced appreciation through interior modernization. Featuring a Low $17 HOA and access to Ernest J. May Elementary, it is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5017 Aussie Court Subject | $400,000* List Price | 3 | 3 | 1,630 | $225 | - |
A 4616 Seabrook Lane Sold | $385,000 | 3 | 2 | 1,752 | $220 | 0.2 mi |
B 4616 SEABROOK Lane Sold | $385,000 | 3 | 2 | 1,752 | $220 | 0.2 mi |
C 5908 Briar Rose Lane Sold | $335,000 List Price | 4 | 2 | 1,502 | 0.8 mi | |
D 4833 Fiesta Lakes Street Sold | $379,000 | 3 | 3 | 1,853 | $205 | 0.6 mi |
E 5104 Brookmere Drive Sold | $450,000 | 3 | 2 | 1,486 | $303 | 0.1 mi |
F 5917 Blush Avenue Sold | $400,000 List Price | 3 | 2 | 1,502 | 0.8 mi | |
G 4636 Victoria Beach Way Active | $444,900 List Price | 3 | 2 | 1,744 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1994 (30 years old) and fits the 'fair' criteria as an aged home maintained through regular upkeep but lacking recent major renovations. While the addition of a brand-new A/C system is a significant functional upgrade, the listing description and property analysis explicitly note 'dated interior potential' and the need for modernization. The provided images show standard, older-style carpeting and a basic backyard, suggesting that while the home is move-in ready, the kitchen, bathrooms, and fixtures likely reflect their original 1990s styling.
Situated on an oversized 6,098 sq. ft. lot, the property features a massive backyard that offers rare potential for a custom pool, garden, or outdoor entertainment oasis in a suburban setting.
The home includes a brand-new A/C system, providing immediate peace of mind, energy efficiency, and significant cost savings for the buyer—a critical feature for the Las Vegas climate.
With an exceptionally low monthly HOA fee of just $17 and low-maintenance desert landscaping, this property offers a highly affordable cost of ownership compared to neighboring communities.
The assigned high school and some elementary schools carry lower performance ratings (as low as 2/10), which may be a significant drawback for families prioritizing educational district quality.
Built in 1994 and described as having 'potential' for customization, the home likely requires cosmetic updates or modernizing to align with current design trends and compete with newer inventory.
Welcome to this beautiful two story home situated on an oversized lot in a highly desirable neighborhood! This property offers exceptional outdoor space with a huge backyard perfect for entertaining, relaxing, or creating your dream outdoor oasis. The low maintenance desert landscaping in the front provides great curb appeal, while the spacious backyard features a patio area, seating space, and plenty of room for customization. Inside, you’ll find a comfortable and functional layout with ample natural light throughout. A brand new A/C system ensures year round comfort and energy efficiency. Conveniently located near shopping, dining, and everyday essentials, this home also offers easy freeway access, making commuting a breeze. Don’t miss the opportunity to own a home with space, convenience, and potential all in a fantastic location!
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,630 | 1,840 | 34% |
| Lot Size | 6,098 | 6,534 | 43% |
| Price | $400.0K | $400.0K | 50% |
| Price per sq ft | $245 | $225 | 62% |
| Built year | 1994 | 1996 | 33% |
| HOA | $17 | $0 | 54% |
| Days on market | 15 | 766 | 0% |
Apr 7, 2026
$400,000
Initial Listing
Mar 11, 1994
$112,500
Public Record