5116 Gray Lane E, Las Vegas, NV 89119, Las Vegas, 89119 - 1 bed, 1 bath
Loading property details...
Las Vegas, NV 89119
This Stunning Move-In Ready Townhome is listed at $199,900, offering exceptional value right at its $199,900 Fair Market Value. Boasting a Condition Rating of 2, the interior features a comprehensive remodel including shaker-style cabinetry, stone countertops, and luxury vinyl plank flooring. Residents enjoy a lifestyle of convenience and security within a guard-gated community featuring a pool and clubhouse, located minutes from UNLV and Harry Reid International Airport. This turnkey property is the perfect fit for urban professionals or first-time buyers seeking a modern, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5116 Gray Lane E Subject | $199,900* List Price | 1 | 1 | 716 | $279 | - |
A 5116 Gray Lane F Active | $199,900 List Price | 1 | 1 | 702 | $285 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent interior renovation, making it move-in ready with modern finishes. The kitchen features new shaker-style cabinetry, stone countertops, a subway tile backsplash, and stainless steel appliances. The bathroom is fully updated with a modern vanity and custom tile work. Throughout the home, there is new luxury vinyl plank flooring, fresh neutral paint, and updated fixtures, effectively neutralizing the 1977 build year.
Situated near UNLV, Harry Reid International Airport, and major shopping hubs, this property offers exceptional convenience for students and urban professionals.
The interior has been newly remodeled, providing a modern aesthetic and immediate move-in readiness, which is a significant advantage for first-time buyers or investors.
The property is located within a guard-gated community and includes an attached one-car garage, offering a level of security and private parking rarely found in one-bedroom units.
At just 716 square feet with a single bedroom, the layout offers restricted flexibility for those needing a home office or additional storage.
The assigned public schools feature low performance ratings, which may deter families and potentially impact the property's long-term appreciation compared to other submarkets.
Centrally located! Newly remodeled 1 bedroom with 1 bath townhome with attached 1 car garage. Close to airport, UNLV, shopping and entertainment! Guard Gated community! Community with pool and clubhouse!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 716 | 1,405 | 6% |
| Lot Size | 4,293 | 1,742 | 75% |
| Price | $199.9K | $207.4K | 50% |
| Price per sq ft | $279 | $158 | 94% |
| Built year | 1977 | 1980 | 38% |
| HOA | $240 | $205 | 50% |
| Days on market | 90 | 607 | 6% |
Jan 22, 2026
$199,900
Initial Listing
Jun 9, 1995
$152,500
Public Record