5061 River Glen Drive Unit 80, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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5061 River Glen Drive Unit 80
Las Vegas, NV 89103
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
700Sq Ft
9,313Lot Size
Property Price
LIST PRICE$135,000
EST. MARKET VALUE
$140,634
4% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $140,000, positioned well below the $144,888 Fair Market Value by 3%. This valuation gap offers $4,888 in Instant Equity. Featuring a Mint Condition Rating, this unit includes a Granite Kitchen, modern appliances, and an Oversized Private Balcony. Located in a secure guard-gated community with five pools and gym access, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, low-maintenance residence near top-rated elementary schools.
Estimated Market Value
$140,634+$5,634 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5061 River Glen Drive Unit 80 Subject 1 bd · 1 ba · 700 sqft · $201 | $135,000* List Price | 1 | 1 | 700 | $201 | - |
A 5020 Indian River Drive 436 Sold 1 bd · 1 ba · 700 sqft · $167 · 0.0 mi | $117,000 | 1 | 1 | 700 | $167 | 0.0 mi |
B 5295 Indian River Drive 312 Sold 1 bd · 1 ba · 700 sqft · $194 · 0.2 mi | $136,000 | 1 | 1 | 700 | $194 | 0.2 mi |
C 5163 Indian River Drive 205 Sold 1 bd · 1 ba · 700 sqft · $217 · 0.1 mi | $152,000 | 1 | 1 | 700 | $217 | 0.1 mi |
D 4941 River Glen Drive 10 Sold 1 bd · 1 ba · 700 sqft · $225 · 0.1 mi | $157,500 | 1 | 1 | 700 | $225 | 0.1 mi |
E 5121 River Glen Drive 138 Sold 2 bd · 1 ba · 816 sqft · $202 · 0.1 mi | $165,000 | 2 | 1 | 816 | $202 | 0.1 mi |
F 5220 Indian River Drive 280 Sold 2 bd · 2 ba · 978 sqft · $174 · 0.2 mi | $170,000 | 2 | 2 | 978 | $174 | 0.2 mi |
G 5081 River Glen Drive 117 Pending 1 bd · 1 ba · 700 sqft · $229 · 0.0 mi | $160,000 List Price | 1 | 1 | 700 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a recent renovation within the last 5 years. The images and description show a kitchen with updated countertops and white cabinetry, new appliances, fresh paint, new carpets, and modern flooring, placing it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Community Amenities
Situated in a secure guard-gated community, the property offers residents access to five pools, a gym, and tennis courts, with this specific unit located directly adjacent to these facilities.
- Turnkey Interior Condition
The condo is in pristine, updated condition featuring modern granite countertops and includes all appliances, offering a move-in-ready experience for a new owner.
- Enhanced Outdoor Living
Positioned on the second story, the unit features an oversized private balcony that provides significant outdoor space rarely found in one-bedroom configurations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9313, other record lot size in square feet = 9551.
- Aging Infrastructure
Built in 1982, the property may face higher long-term maintenance requirements for building systems and common areas compared to newer Las Vegas developments.
- Limited Square Footage
At 700 square feet, the compact layout offers limited flexibility for buyers requiring a home office or additional storage beyond the existing closet space.
About 5061 River Glen Drive Unit 80
Granite Counters Inside, Fresh Air on Your Balcony, and Safety of a Guard Gated Community - This recently updated property is in pristine condition and comes with all appliances included. Being on the second story gives you a huge private balcony. This place has tons of closet space, a large living room, and separate dining area. Located directly next to one of the community's 5 pools and the gym and tennis courts. Ask your agent about the complete Features & Upgrades list exclusively available through the MLS, and schedule your private tour today.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 9,313 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $246 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.5 mi
6/10
Kenny C Guinn Middle School
Grades 6-8 • 1.2 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 2.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 700 | 1,048.989 |
| Lot Size | 9,313 | 5,669.706 |
| Price | $135.0K | $221.6K |
| Price per sq ft | $193 | $210 |
| Built year | 1982 | 1996 |
| HOA | $246 | $254 |
| Days on market | 37 | 70 |
Pricing History
Listed for Sale
Oct 15, 2026
$135,000
$140,000
-4% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$140,000
Initial Listing