5248 Greene Lane B, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
5248 Greene Lane B
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 5248 Greene Lane B, Las Vegas, NV 89119 is currently available with a list price of $230,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a comprehensive and recent professional renovation. The interior features brand-new white shaker cabinets, quartz countertops, and stainless steel appliances in the kitchen, along with fully updated bathrooms. With new luxury vinyl plank flooring, fresh paint, and new carpeting, the unit meets the criteria for excellent condition as all interior components are virtually new and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Remodel
The unit features high-end interior upgrades including quartz countertops, white shaker cabinets, and luxury vinyl plank flooring, providing a contemporary aesthetic that stands out in its price point.
- Turnkey Condition
With brand-new appliances, fully renovated bathrooms, and fresh paint throughout, the property is completely move-in ready, minimizing immediate capital expenditure for owner-occupants or investors.
- Functional Two-Story Layout
The 1,070-square-foot floor plan offers a desirable separation of space with living areas downstairs and bedrooms upstairs, creating a more private, townhome-style living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4240, other record lot size in square feet = 750. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1070, other record living area = 1370. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Aging Infrastructure
While the interior is modern, the 1977 construction date suggests that the building's core systems and common areas may require ongoing maintenance typical of older developments.
- Low School Ratings
The assigned public schools for this address have low ratings, specifically a 2/10 for the high school and primary elementary school, which may limit appeal for families and impact long-term appreciation.
About 5248 Greene Lane B
Completely remodeled unit featuring modern finishes throughout. Interior upgrades include new white shaker cabinets, quartz countertops, and brand-new appliances in the kitchen. The home offers new luxury vinyl plank flooring downstairs and new carpet upstairs for comfort and durability. Both bathrooms have been fully renovated, showcasing updated fixtures and finishes. Additional improvements include fresh interior paint throughout, creating a clean, bright, and cohesive living space. Well-designed layout with updated flooring, modern kitchen and baths, and thoughtful upgrades make this unit truly move-in ready. Ideal for owner-occupants or investors seeking a turnkey property with strong rental potential. Convenient location with easy access to shopping, dining, and major roadways. Pride of ownership shows throughout.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 4,240 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $269 / Month
Neighborhood Insights
Las Vegas Unified Schools
Gene Ward Elementary School
Grades PK-5 • 0.4 mi
Jack Dailey Elementary School
Grades PK-5 • 0.8 mi
Helen C Cannon Junior High School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,070 | 970 | 81% |
| Lot Size | 4,240 | 750 | 86% |
| Price | $230.0K | $125.0K | 97% |
| Price per sq ft | $215 | $167 | 81% |
| Built year | 1977 | 1980 | 43% |
| HOA | $269 | $215 | 74% |
| Days on market | 47 | 422 | 2% |
Pricing History
Listed for Sale
Jan 19, 2026
$230,000
Initial Listing