5128 FORREST HILLS Lane, Las Vegas, NV 89108, Las Vegas, 89108 - 3 bed, 2 bath
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Las Vegas, NV 89108
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $499,900—positioned well below the $551,374 Fair Market Value by 9%. This valuation gap provides $51,474 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home boasts a Granite Kitchen, Designer Tile, and New Carpeting across a generous 2,270 square foot layout. With No HOA Fees and proximity to J T Mcwilliams Elementary, this property balances immediate lifestyle comfort with long-term financial upside. It is an ideal acquisition for Owner-Occupants seeking space or Buy-and-Hold Investors looking for a stable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5128 FORREST HILLS Lane Subject | $499,900* List Price | 3 | 2 | 2,270 | $243 | - |
A 1120 Saylor Way Sold | $369,000 | 3 | 2 | 1,534 | $241 | 0.5 mi |
B 1309 N Mallard Street Sold | $415,000 | 5 | 2 | 1,639 | $253 | 0.7 mi |
C 912 Smith Street Sold | $370,000 | 3 | 2 | 1,575 | $235 | 0.5 mi |
D 6104 Warm River Road Sold | $401,500 | 4 | 3 | 1,980 | $203 | 0.9 mi |
E 1309 MALLARD Street Sold | $415,000 | 5 | 2 | 1,639 | $253 | 0.7 mi |
F 912 Saylor Way Sold | $350,000 | 3 | 2 | 1,635 | $214 | 0.6 mi |
G 5917 Martita Avenue Pending | $359,500 List Price | 3 | 2 | 1,874 | $192 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from recent cosmetic updates including fresh paint, new carpeting, and designer tile flooring. The kitchen features modern granite countertops, which is a significant upgrade for a home of this vintage. Although the 1972 exterior and unlandscaped yard reflect the property's age and require some attention, the interior renovations and spacious single-story layout meet the criteria for 'good' condition, as no immediate interior rehabilitation is required.
The home features fresh paint, new carpeting, designer tile, and granite countertops, offering a move-in-ready aesthetic for buyers seeking contemporary finishes.
At 2,270 square feet, this single-story floorplan provides an exceptionally generous living space with large bedrooms and abundant closet storage rarely found in this price point.
The absence of a monthly association fee provides significant long-term savings and greater freedom for the homeowner compared to many surrounding Las Vegas communities.
Built in 1972, the property may require future capital expenditures for major systems like roofing, HVAC, or plumbing that are typical for homes of this vintage.
The designated high school carries a low rating of 2, which could impact the property's appeal to families prioritizing academic performance and affect long-term resale value.
*GORGEOUS 1 STORY FLOORPLAN IN BEAUTIFUL COMMUNITY *FRESH PAINT THROUGHOUT, NEW CARPET, DESIGNER TILE *INCREDIBLE KITCHEN W/GRANITE COUNTERTOPS *LARGE MASTER W/LOTS OF CLOSETS *LARGE 2ND AND THIRD BEDROOMS *LOTS OF CLOSETS SPACE *HOME LOCATED ON A NICE SIZE LOT W/ BIG COURTYARD & BACKYD *CLOSE TO PARKS AND SHOPPING.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.9 mi
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 | 2,270 | 1,533 | 92% |
| Lot Size | 6,098 | 6,249 | 50% |
| Price | $499.9K | $352.9K | 91% |
| Price per sq ft | $220 | $231 | 44% |
| Built year | 1972 | 1984 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 882 | 0% |
Apr 1, 2026
$499,900
Initial Listing