5041 Dancing Lights Avenue, Las Vegas, NV 89130, Las Vegas, 89130 - 3 bed, 3 bath
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5041 Dancing Lights Avenue
Las Vegas, NV 89130
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,870Sq Ft
4,356Lot Size
Property Price
LIST PRICE$435,000
EST. MARKET VALUE
$444,245
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $435,000—positioned well below the $444,245 Fair Market Value by 2%. This valuation gap offers $9,245 in Instant Equity. Featuring a Private Backyard Pool and a Fair Condition Rating, the home offers a low-maintenance interior with laminate flooring. While school ratings are moderate, the low $27 HOA fee enhances long-term cash flow. This is a stable asset ideal for Buy-and-Hold Investors or first-time buyers seeking a functional, move-in-ready residence.
Estimated Market Value
$444,245
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5041 Dancing Lights Avenue Subject | $435,000* List Price | 3 | 3 | 1,870 | $238 | - |
A 5456 Beach Pine Street Sold | $425,000 | 3 | 2 | 1,722 | $247 | 0.2 mi |
B 4921 Sparkling Sky Avenue Sold | $392,500 | 3 | 3 | 1,639 | $239 | 0.2 mi |
C 5008 Dancing Lights Avenue Sold | $430,000 | 4 | 3 | 2,086 | $206 | 0.1 mi |
D 5412 Leadville Avenue Sold | $490,000 | 4 | 3 | 2,053 | $239 | 0.8 mi |
E 6320 Winter Valley Court Sold | $430,000 | 4 | 3 | 1,842 | $233 | 0.8 mi |
F 5433 Bridgehampton Avenue Sold | $398,900 | 3 | 2 | 1,368 | $292 | 0.5 mi |
G 4935 Cedar Lawn Way Sold | $395,000 | 2 | 2 | 1,385 | $285 | 0.3 mi |
H 5464 Beach Pine Street Sold | $305,000 List Price | 3 | 2 | 1,592 | 0.2 mi | |
I 5201 Backwoodsman Avenue Pending | $375,000 List Price | 3 | 2 | 1,782 | $210 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000 (24 years old), the property falls into the Fair category based on age. While the interior shows cosmetic updates such as laminate flooring and a subway tile backsplash, the kitchen cabinets are simply painted originals and the black appliances are dated. At over 20 years old, major systems like HVAC and the roof are likely approaching the end of their primary life cycle, and bathrooms appear to retain original tiling.
PROSSTRENGTHS & OPPORTUNITIES
- Private Backyard Pool
The property features a private pool, a highly sought-after amenity in the Las Vegas market that provides a perfect retreat for cooling off and outdoor entertaining.
- Low-Maintenance Interior
The home is move-in ready with durable laminate and tile flooring throughout, offering a modern, cohesive look that is easy to maintain and ideal for both families and investors.
- Exceptional HOA Affordability
With an association fee of only $27 per month, this property offers significantly lower monthly carrying costs compared to many other master-planned communities in the region.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 4,356-square-foot lot is relatively small, which may limit additional yard space or privacy for those seeking a larger outdoor footprint beyond the pool area.
- Average School Ratings
The assigned elementary and high schools currently hold lower ratings (4/10), which could be a drawback for families prioritizing top-tier educational performance metrics.
About 5041 Dancing Lights Avenue
Check out this move-in-ready Las Vegas home offering comfortable living with a fantastic backyard retreat. The interior features durable laminate flooring and tile throughout, creating a clean, cohesive look with easy maintenance. The inviting floor plan offers plenty of natural light and functional living spaces designed for everyday living and entertaining. Step outside to your private pool, perfect for cooling off during warm Las Vegas days or enjoying evenings with family and friends. Conveniently located near shopping, dining, parks, schools, and major roadways, this home combines comfort, convenience, and outdoor living. Whether you’re looking for your next home or investment property, this is it !
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $27 / Month
Neighborhood Insights
Las Vegas Unified Schools
Kay Carl Elementary School
Grades PK-5 • 0.6 mi
4/10
Lied Middle School
Grades 6-8 • 0.6 mi
6/10
Shadow Ridge High School
Grades 9-12 • 3.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,870 | 1,961.945 |
| Lot Size | 4,356 | 6,098 |
| Price | $435.0K | $486.0K |
| Price per sq ft | $233 | $259 |
| Built year | 2000 | 2002 |
| HOA | $27 | $83 |
| Days on market | 6 | 62 |
Pricing History
Listed for Sale
Sep 3, 2026
$435,000
Initial Listing