5065 Celebrity Circle, Las Vegas, NV 89119, Las Vegas, 89119 - 3 bed, 2 bath
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Las Vegas, NV 89119
This Value-Add Asset represents a High-Potential Investment Opportunity with a List Price of $350,000 and a Fair Market Value of $295,465. Currently carrying a Poor Condition Rating, the residence exhibits significant deferred maintenance, including an empty pool, a private patio, and an unfinished bedroom addition. However, the cul-de-sac location, fireplace, and 1,448 sq. ft. layout offer substantial upside for forced appreciation through renovation and completion of the fourth bedroom. This acquisition is perfectly suited for Fix-and-Flip Investors or Contractors seeking a high-reward project in the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5065 Celebrity Circle Subject | $350,000* List Price | 3 | 2 | 1,448 | $204 | - |
A 5065 Celebrity Circle Sold | $266,100 | 3 | 2 | 1,448 | $184 | 0.0 mi |
B 5065 CELEBRITY Sold | $266,100 | 3 | 2 | 1,448 | $184 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982, the property exhibits significant deferred maintenance and requires substantial rehabilitation. Key issues include an empty pool, an unfinished and unpermitted bedroom addition, and the need for a full carpet replacement. While some vinyl flooring is present, the interior shows outdated popcorn ceilings and visible wall damage, aligning with the 'poor' criteria for homes needing major repairs.
Situated at the end of a cul-de-sac, the property offers reduced traffic and enhanced privacy, making it a safer and quieter environment for residents.
With an approved short sale price and a partially completed 4th bedroom addition, this home presents a significant opportunity for equity growth through renovation and completion.
The 1,448 sq. ft. floor plan features modern vinyl flooring and a primary suite with direct slider access to the backyard, providing a desirable and convenient flow.
The property requires extensive TLC, including an empty pool and full carpet replacement, which will necessitate immediate capital investment after closing.
The additional bedroom is currently incomplete, which may pose challenges for traditional financing and requires the buyer to navigate permitting and construction to finalize the space.
APPROVED SHORT SALE FOR $350000* 1448 SQUFT* 3 Bedroom/2 Full Bath/Addtl Bedroom Added (Not Completed)* Possible 4 Bedroom* Vinyl Flooring* Primary w/ Slider to Backyard* Primary Bath Shower/Tub Combo* Fireplace* Ceiling Fans T/O* Carpet Needs to be Replaced* Needs TLC* Pool Is Empty* Cul-De-Sac*
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,448 | 1,548 | 39% |
| Lot Size | 3,920 | 6,970 | 19% |
| Price | $350.0K | $375.0K | 45% |
| Price per sq ft | $242 | $248 | 44% |
| Built year | 1982 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 345 | 1055 | 43% |
May 12, 2025
$350,000
Initial Listing