5271 Mineral Lake Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 2 bed, 2 bath
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5271 Mineral Lake Drive
Las Vegas, NV 89122
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,088Sq Ft
3,485Lot Size
Property Price
LIST PRICE$314,900
EST. MARKET VALUE
$292,815
7% AboveMARKET VALUE
SUMMARY
This single-story residence is a Strong Value Opportunity, listed at $319,900—positioned well above the $292,841 Fair Market Value by 9%. While the property carries a Fair Condition Rating due to its original finishes, it offers significant utility savings through its Paid-Off Solar system. The functional open-concept layout and private backyard with a Spacious Covered Patio provide immediate lifestyle benefits. Despite lower-rated local schools, the home’s low-maintenance design and energy efficiency make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Estimated Market Value
$292,815
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 |
|---|---|---|---|---|---|---|
★ 5271 Mineral Lake Drive Subject | $314,900* List Price | 2 | 2 | 1,088 | $269 | - |
A 5281 Mineral Lake Drive Sold | $320,000 | 3 | 2 | 1,225 | $261 | 0.0 mi |
B 4953 Miners Ridge Drive Sold | $329,000 | 3 | 2 | 1,183 | $278 | 0.4 mi |
C 5148 Mineral Lake Drive Sold | $299,900 | 3 | 2 | 1,377 | $218 | 0.1 mi |
D 5999 Natures Drive Sold | $330,000 | 2 | 2 | 1,108 | $298 | 1.0 mi |
E 5166 Mascaro Drive Sold | $300,000 | 2 | 2 | 1,066 | $281 | 0.3 mi |
F 5043 Mascaro Drive Sold | $290,000 | 2 | 2 | 1,088 | $267 | 0.3 mi |
G 5116 JEWEL CANYON Drive Sold | $320,000 | 3 | 2 | 1,377 | $232 | 0.2 mi |
H 6740 Diamond Care Drive Active | $284,900 List Price | 2 | 2 | 1,088 | $262 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2001, the property is over 20 years old and features dated original oak cabinetry and standard finishes. While it is well-maintained with updated stainless steel appliances and the addition of paid-off solar, the age and lack of a recent full renovation place it in the 'Fair' category according to the criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features fully paid-off solar panels, providing the new owner with significant immediate and long-term utility savings in the Las Vegas climate.
- Single-Story Accessibility
The desirable single-story, open-concept layout offers ease of movement and low-maintenance living, making it highly attractive to retirees or those seeking to avoid stairs.
- Outdoor Living Space
A private backyard with a spacious covered patio and well-maintained landscaping enhances the home's footprint, providing a functional area for outdoor relaxation and entertaining.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 1,088 square feet with only two bedrooms, the property's compact size may limit its appeal to larger families or buyers requiring additional flex space for a home office.
- School District Ratings
The assigned middle and high schools have relatively low performance ratings, which could be a deterrent for families and potentially impact long-term property appreciation.
About 5271 Mineral Lake Drive
Single-story comfort with PAID OFF SOLAR. Great curb appeal with well-maintained landscaping and an attached garage. Out back, a private yard and spacious covered patio made for relaxing and entertaining. Two bedrooms, two full baths, and a functional open-concept layout where the living and dining areas flow right into the kitchen. Stainless steel appliances including dishwasher and refrigerator, ample cabinetry, and generous counter space. Ceiling fans and blinds throughout. Easy, low-maintenance single-story living with the solar already paid off.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $168 / Month
Neighborhood Insights
Las Vegas Unified Schools
Sister Robert Joseph Bailey Elementary School
Grades PK-5 • 1.5 mi
4/10
Francis H Cortney Junior High School
Grades 6-8 • 1.6 mi
2/10
Basic Academy
Grades 9-12 • 5.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,088 | 1,961.945 |
| Lot Size | 3,485 | 6,098 |
| Price | $314.9K | $486.0K |
| Price per sq ft | $289 | $259 |
| Built year | 2001 | 2002 |
| HOA | $168 | $83 |
| Days on market | 30 | 62 |
Pricing History
Listed for Sale
Aug 30, 2026
$314,900
$319,900
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$319,900
Initial Listing
Sold
Jun 28, 2012
$66,500
Public Record