5185 Sun Valley Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 4 bed, 3 bath
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Las Vegas, NV 89122
This property presents a High-Potential Investment Opportunity with a List Price of $449,000—positioned well below the $447,608 Fair Market Value (priced at market). While the home maintains a Fair Condition Rating, the 2,408 sqft layout and powered workshop provide significant value-add potential through modernization. The absence of HOA fees enhances long-term cash flow, making this an ideal Buy-and-Hold Investor asset or a project for Owner-Occupants seeking to build equity through cosmetic renovations in a versatile, spacious setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5185 Sun Valley Drive Subject | $449,000* List Price | 4 | 3 | 2,408 | $186 | - |
A 4736 Beadle Street Sold | $500,000 | 5 | 4 | 2,448 | $204 | 0.9 mi |
B 5149 SUN VALLEY Drive Sold | $350,000 | 4 | 2 | 1,834 | $191 | 0.1 mi |
C 5149 Sun Valley Drive Sold | $350,000 | 4 | 2 | 1,834 | $191 | 0.1 mi |
D 5149 Sun Valley Drive Sold | $350,000 | 4 | 2 | 1,834 | $191 | 0.1 mi |
E 5249 Sun Valley Drive Sold | $350,000 | 4 | 2 | 1,698 | $206 | 0.1 mi |
F 5068 Killarney Street Active | $360,000 List Price | 5 | 2 | 1,848 | $195 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the home features recent cosmetic updates like vinyl plank flooring and fresh paint. However, the kitchen and bathrooms are significantly dated, featuring 1980s/90s-style oak cabinetry, fluorescent light panels, and Hollywood-style vanity lighting. While functional and move-in ready, the property requires modernization of major systems and aesthetics to meet current standards.
With over 2,400 square feet, four bedrooms, and dual living areas featuring wood-burning fireplaces, this home offers exceptional interior volume and versatility for large families.
The property sits on a spacious corner lot featuring a fully fenced yard, outdoor kitchen, and a dedicated powered workshop, providing excellent utility for hobbyists and entertaining.
The absence of a homeowners association offers residents significant financial savings and greater freedom regarding property modifications and vehicle storage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1961, the home likely requires updates to major systems and energy efficiency measures to meet modern standards and reduce long-term utility costs.
The emphasis on 'potential' suggests that the property may need immediate cosmetic or functional renovations to appeal to contemporary buyer preferences.
Discover the incredible potential and generous space this unique 4-bedroom, 3-bathroom home has to offer! With over 2,400 square feet of living space, this property features expansive living and family rooms, each anchored by a cozy wood-burning fireplace. Situated on a spacious, accessible corner lot, the fully fenced yard is designed for outdoor enjoyment with multiple entertaining areas, including an outdoor kitchen and covered front and back patios. The oversized utility and laundry room provides exceptional storage and functionality, while the dedicated outdoor workshop space with multiple electrical outlets is perfect for hobbies, projects, or extra workspace. A true hidden gem offering space, versatility, and endless possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,408 | - |
| Lot Size | 9,148 | - |
| Price | $449.0K | $474.8K |
| Price per sq ft | $186 | $257 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 526 |
Jul 16, 2026
$449,000
Initial Listing