5116 Gray Lane G, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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Las Vegas, NV 89119
This Remodeled Guard-Gated Townhouse is listed at $239,900, offering a stable entry point at its $239,900 Fair Market Value. Boasting a Condition Rating of 3, the interior features a modernized kitchen with white shaker cabinets, stainless steel appliances, and contemporary flooring. Residents benefit from a secure lifestyle with guard-gated access, a community pool, and a clubhouse, all situated minutes from UNLV and Harry Reid International Airport. This turnkey residence is an exceptional choice for professionals or first-time buyers seeking a central, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5116 Gray Lane G Subject | $239,900* List Price | 2 | 2 | 1,070 | $224 | - |
A 5015 Spencer Street C Active | $196,000 List Price | 2 | 2 | 828 | $237 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a recent interior remodel. Updates include new wood-look laminate or vinyl flooring throughout, fresh neutral paint, and a modernized kitchen with white shaker-style cabinets, updated countertops, and a stainless steel dishwasher. While the structure was built in 1977, the interior finishes are contemporary and well-maintained, meeting the criteria for a property that has been significantly updated within the last 5 to 15 years without requiring immediate repairs.
Situated near UNLV, Harry Reid International Airport, and major entertainment hubs, this property offers exceptional convenience for students, professionals, and frequent travelers.
The townhouse has been newly remodeled, featuring modern updates that reduce the need for immediate capital expenditure and appeal to contemporary buyers.
Located within a guard-gated community, residents benefit from added security along with desirable amenities including a pool, clubhouse, and a private attached garage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4293, other record lot size in square feet = 484.
Originally constructed in 1977, the property may have aging underlying systems or structural components that require ongoing maintenance despite the recent cosmetic renovations.
The assigned public schools, particularly the high school and one elementary school, carry low performance ratings, which may limit the property's appeal to families with school-aged children.
Centrally located! Newly remodeled 2 bedroom with 2 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,070 | 1,405 | 13% |
| Lot Size | 4,293 | 1,742 | 75% |
| Price | $239.9K | $222.5K | 56% |
| Price per sq ft | $224 | $158 | 81% |
| Built year | 1977 | 1980 | 38% |
| HOA | $240 | $205 | 50% |
| Days on market | 90 | 607 | 6% |
Jan 22, 2026
$239,900
Initial Listing