5217 West Gowan Road, Las Vegas, NV 89130, Las Vegas, 89130 - 4 bed, 4 bath
Loading property details...
5217 West Gowan Road
Las Vegas, NV 89130
ACTIVE
CONDITION: POOR
4Beds
4Baths
2,852Sq Ft
20,038Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$547,180
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned slightly above the $547,181 Fair Market Value. While the equity gap is minimal, the 20,038 sqft lot and 4-bed/4-bath layout provide significant value-add potential. Currently operating as a residential care home, the property carries a Condition Rating of 5, indicating a need for modernization. This asset is ideal for Buy-and-Hold Investors or Commercial Developers capable of navigating zoning and licensing requirements to maximize the utility of this expansive, no-HOA site.
Estimated Market Value
$547,180
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5217 West Gowan Road Subject | $550,000* List Price | 4 | 4 | 2,852 | $192 | - |
A 5120 Gentle River Avenue Pending | $620,000 List Price | 4 | 3 | 2,732 | $227 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 (45 years old) with no mention of recent renovations, falling into the >30y category. Its current use as a residential care home typically involves high wear and tear, and the property likely requires significant updates to kitchens, baths, and major systems to meet modern residential standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 2852.
- Expansive Lot Size
Situated on a generous 20,038-square-foot lot, this property offers significant outdoor space and privacy, which is a premium feature in the Las Vegas market.
- High Bed-to-Bath Ratio
With 4 bedrooms and 4 bathrooms, the home provides a highly functional layout that is ideal for multi-generational living or specialized residential care.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 8.
- Operational Complexity
The property's current use as a residential care home requires buyers to perform extensive due diligence regarding zoning, licensing, and the separation of the existing business.
- Property Age
Built in 1979, the residence may require updates to its core systems or aesthetic renovations to meet the standards of modern buyers.
About 5217 West Gowan Road
Property is currently used as a residential care home. MLS listing and price are for the real estate only. The current business is separate and not included in the list price. Buyer to verify property use, zoning, licensing requirements, and suitability for intended use. Property is occupied. Showings by appointment only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 20,038 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,852 | 1,961.945 |
| Lot Size | 20,038 | 6,098 |
| Price | $550.0K | $486.0K |
| Price per sq ft | $193 | $259 |
| Built year | 1979 | 2002 |
| HOA | $0 | $83 |
| Days on market | 15 | 62 |
Pricing History
Listed for Sale
Aug 25, 2026
$550,000
Initial Listing