5242 Jane Way, Las Vegas, NV 89119, Las Vegas, 89119 - 5 bed, 3 bath
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Las Vegas, NV 89119
This Fully Remodeled Single-Family Residence is a High-Potential Investment Opportunity, listed at $549,500—positioned well below the $683,677 Fair Market Value by 19%. This significant valuation gap offers $134,177 in Instant Equity. Boasting a Brand-New Roof, Granite Kitchen, and Sparkling Pool, the property maintains an Excellent Condition Rating with no HOA. Its proximity to the Strip and UNLV, combined with a flexible 9-bedroom potential, makes it a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5242 Jane Way Subject | $544,900* List Price | 5 | 3 | 2,213 | $262 | - |
A 5178 Wilbur Street Sold | $480,000 | 5 | 3 | 1,831 | $262 | 0.1 mi |
B 944 De Met Drive Sold | $535,000 | 6 | 3 | 2,132 | $251 | 0.1 mi |
C 5514 Oxbow Street Sold | $550,000 | 4 | 3 | 1,852 | $297 | 0.9 mi |
D 5514 Oxbow Street Sold | $550,000 | 4 | 2 | 1,852 | $297 | 0.9 mi |
E 5128 Wilbur Street Sold | $420,000 | 4 | 2 | 1,572 | $267 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1975, the property has undergone an extensive recent renovation that meets current quality standards. Key upgrades include a brand-new roof, a fully remodeled kitchen with granite countertops and new stainless steel appliances, updated bathrooms, and modern flooring and light fixtures throughout. The interior presents as virtually new and move-in ready.
Ideally situated minutes from the Las Vegas Strip, Harry Reid International Airport, and UNLV with no HOA restrictions, offering maximum flexibility for short-term rentals or primary residency.
The property is move-in ready with a brand-new roof, fully remodeled kitchen featuring granite countertops, updated bathrooms, and new stainless steel appliances.
Offered fully furnished with a flexible layout that can potentially expand to 9 bedrooms, plus RV parking and a private pool, making it a high-yield asset for investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Built in 1975, the property may have aging underlying plumbing or electrical systems that were not fully replaced during the cosmetic and roof renovations.
Reconfiguring a 2,213-square-foot home into nine bedrooms could result in significantly smaller room sizes and create a high demand on the existing three bathrooms.
Exceptional opportunity in the heart of Las Vegas! Fully remodeled 5-bedroom home just minutes from the Las Vegas Strip, Harry Reid International Airport, and UNLV, with easy freeway access and NO HOA. Stunning updated kitchen with granite countertops, modern lighting, and brand-new stainless steel appliances. New washer and dryer included. Brand-new roof, updated bathrooms, sparkling pool, and expansive parking including RV space. Flexible layout offers potential for up to 9 bedrooms if reconfigured (buyer to verify). Offered fully furnished, providing immediate convenience and versatility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,213 | 1,548 | 86% |
| Lot Size | 7,405 | 6,970 | 60% |
| Price | $544.9K | $375.0K | 96% |
| Price per sq ft | $246 | $248 | 46% |
| Built year | 1975 | 1979 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 1055 | 2% |
Apr 14, 2026
$544,900
$549,000
-1% Price Drop
Initial Listing
Apr 2, 2026
$549,000
$549,500
+0% Price Increase
Initial Listing
Feb 25, 2026
$549,500
Initial Listing