5148 Mineral Lake Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
Loading property details...
Las Vegas, NV 89122
This Functional Single-Story Residence is a strategic acquisition listed at $299,900—positioned well below the $304,281 Fair Market Value by 1%. This valuation gap secures $4,381 in Instant Equity for the incoming buyer. Maintaining a Fair Condition Rating, the interior features vaulted ceilings and an open layout within a secure gated community. While the property is served by underperforming local schools, the inclusion of all major appliances and a low-maintenance lot enhances its immediate rental appeal. This property is perfectly suited for Buy-and-Hold Investors or first-time buyers looking for an affordable entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5148 Mineral Lake Drive Subject | $299,900* List Price | 3 | 2 | 1,377 | $222 | - |
A 6693 Diamond Care Drive Sold | $340,000 | 3 | 2 | 1,377 | $247 | 0.2 mi |
B 5114 Mascaro Drive Sold | $302,500 | 3 | 2 | 1,377 | $220 | 0.2 mi |
C 6659 Diamond Care Drive Sold | $315,000 | 3 | 2 | 1,377 | $229 | 0.2 mi |
D 5279 Mineral Lake Drive Sold | $310,000 | 3 | 2 | 1,377 | $225 | 0.2 mi |
E 5236 Jewel Canyon Drive Sold | $330,000 | 3 | 2 | 1,377 | $240 | 0.2 mi |
F 6693 Diamond Care Drive Sold | $340,000 | 3 | 2 | 1,377 | $247 | 0.2 mi |
G 4971 Droubay Drive Active | $320,000 List Price | 3 | 2 | 1,348 | $237 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this 25-year-old property falls into the 'Fair' category as it is over 20 years old without a major recent renovation. While functional and featuring updated laminate flooring, the interior shows visible wear on walls and dated fixtures that suggest a need for minor repairs and cosmetic modernization.
The home features a highly sought-after single-story floor plan with vaulted ceilings and an open layout, creating a spacious and accessible living environment.
Situated within a gated community, the property offers enhanced privacy and security, which is a significant value-add for homeowners in the Las Vegas area.
The inclusion of the refrigerator, washer, dryer, and ceiling fans in all rooms provides immediate convenience and cost savings for move-in ready buyers.
The assigned public schools have low ratings, particularly the middle school at a 2/10, which may limit the property's appeal to families prioritizing education.
With a lot size of only 3,920 square feet, the outdoor space is relatively limited, offering minimal room for extensive landscaping or private recreational amenities.
Single story home with 3 bedrooms, 2 bathrooms and a 2 car garage in a nice gated community. Home has an open layout and vaulted ceilings. Fridge, washer and dryer are included. Ceiling fans in all rooms.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 5.7 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 | 1,377 | 1,570 | 36% |
| Lot Size | 3,920 | 5,227 | 34% |
| Price | $299.9K | $349.9K | 33% |
| Price per sq ft | $218 | $218 | 50% |
| Built year | 2001 | 2001 | 50% |
| HOA | $168 | $52 | 94% |
| Days on market | 44 | 1337 | 0% |
May 1, 2026
$299,900
Initial Listing