5116 Gray Lane H, Las Vegas, NV 89119, Las Vegas, 89119 - 3 bed, 2 bath
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Las Vegas, NV 89119
This Turnkey Remodeled Townhouse is listed at $259,900, reflecting a market-aligned premium for its extensive upgrades relative to the $233,373 Fair Market Value. Boasting a Condition Rating of 2, the home features modern grey wood-look laminate flooring, stone countertops, and new cabinetry. Residents benefit from a guard-gated community with a pool and clubhouse, located near Jack Dailey Elementary School, UNLV, and the Airport. This move-in-ready home is perfectly suited for urban professionals or first-time buyers seeking a polished, low-maintenance lifestyle in Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5116 Gray Lane H Subject | $259,900* List Price | 3 | 2 | 1,260 | $185 | - |
A 5470 S Maryland Parkway Sold | $249,900 | 2 | 2 | 1,440 | $174 | 0.5 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 remodel, featuring modern grey wood-look laminate flooring, fresh neutral paint, and updated kitchen cabinetry with stone countertops. While the structure dates to 1977, the interior finishes are virtually new and meet current market standards for a turnkey, move-in-ready home with no visible deferred maintenance.
The property is ideally situated near UNLV, Harry Reid International Airport, and major shopping and entertainment districts, making it highly attractive for students and professionals.
Featuring a fresh, newly remodeled interior, this 3-bedroom townhome offers a modern living space that eliminates the need for immediate renovation or repair costs.
The guard-gated community provides enhanced security and premium amenities, including a pool and clubhouse, which are significant value-adds at this price point.
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 = 644.
With an original build date of 1977, the property may have older mechanical or structural components that require ongoing maintenance despite the recent cosmetic updates.
The assigned public schools have relatively low ratings, specifically a 2/10 for the high school, which may limit the property's appeal to families with school-aged children.
Centrally located! Newly remodeled 3 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 | 3.0 | 2.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,260 | 1,405 | 25% |
| Lot Size | 4,293 | 1,742 | 75% |
| Price | $259.9K | $222.5K | 75% |
| Price per sq ft | $206 | $158 | 81% |
| Built year | 1977 | 1980 | 38% |
| HOA | $240 | $205 | 50% |
| Days on market | 90 | 607 | 6% |
Jan 22, 2026
$259,900
Initial Listing