5121 Peaceful Pond Avenue, Las Vegas, NV 89131, Las Vegas, 89131 - 3 bed, 2 bath
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Las Vegas, NV 89131
This Refined Single-Story Residence is a High-Potential Investment Opportunity listed at $499,900—positioned well below the $573,510 Fair Market Value by 12%. This valuation gap offers $73,610 in Instant Equity for buyers. Maintaining a Good Condition Rating, the property features a resort-style backyard with a pool, mountain views, and a gourmet kitchen with granite counters. Located in the gated Lynbrook community near top-rated Howard E. Heckethorn Elementary, it balances lifestyle luxury with strong financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5121 Peaceful Pond Avenue Subject | $499,900* List Price | 3 | 2 | 1,800 | $319 | - |
A 7065 Red Tide Drive Sold | $469,900 List Price | 3 | 2 | 1,947 | 0.4 mi | |
B 7129 Saint Lucia Street Sold | $490,000 | 3 | 2 | 1,961 | $250 | 0.4 mi |
C 4928 Peaceful Pond Avenue Sold | $388,000 | 3 | 2 | 1,413 | $275 | 0.1 mi |
D 4928 Peaceful Pond Sold | $388,000 | 3 | 2 | 1,413 | $275 | 0.1 mi |
E 5418 Basset Hound Avenue Sold | $459,000 List Price | 3 | 2 | 1,934 | 0.3 mi | |
F 4837 River Splash Avenue Sold | $405,000 | 3 | 2 | 1,413 | $287 | 0.2 mi |
G 5613 Blue Peak Avenue Active | $520,000 List Price | 4 | 2 | 2,022 | $257 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows well-maintained interior and exterior spaces. Although built in 2001, it has received significant updates including stainless steel kitchen appliances, granite countertops, and modern laminate flooring. The resort-style backyard with a pool and artificial turf indicates a high level of upkeep, making it a solid 'good' condition despite being 25 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1800.
The property features a private outdoor oasis with a sparkling pool, mature fruit and citrus trees, and premium artificial turf, offering a low-maintenance yet luxurious space for entertaining.
This refined single-story home boasts high volume ceilings, an open floor plan, and a versatile den that provides flexibility as a home office or an optional fourth bedroom.
Built in 2001, the property is approaching a timeframe where original major systems like the HVAC or roof may require inspection or upcoming capital investment.
While the elementary school is top-rated, the assigned middle and high schools have significantly lower ratings, which may be a consideration for families with older children.
A private resort-inspired retreat designed for both relaxation & unforgettable entertaining. Lounge beneath the open sky, take a refreshing dip in the sparkling pool, & enjoy the rare generous outdoor space that feels like your own secluded oasis with fruit & citrus tress plus minimal upkeep with premium artificial turf. Welcome home to refined single-story living ideally positioned on a cul-de-sac within a gated community. Step inside to high volume ceilings, an open floor plan, & lots of natural light. The gourmet kitchen features granite countertops, stainless appliances, pendant lighting, backsplash, & a large breakfast bar. A spacious primary suite with dual sinks, a garden tub, & separate shower in the spa-like bath area. Generously sized secondary bedrooms plus a versatile den, perfect as a home office or optional bedroom. Lynbrook residents enjoy parks, playgrounds, & curated BBQ areas — all just moments from premier shopping, dining, schools, & seamless freeway access. Enjoy!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,800 | 2,238 | 24% |
| Lot Size | 8,712 | 6,534 | 70% |
| Price | $499.9K | $399.9K | 73% |
| Price per sq ft | $278 | $195 | 91% |
| Built year | 2001 | 2003 | 35% |
| HOA | $90 | $60 | 82% |
| Days on market | 114 | 1061 | 1% |
Feb 22, 2026
$499,900
Initial Listing