5273 Wave Dancer Lane, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
5273 Wave Dancer Lane
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5273 Wave Dancer Lane, Las Vegas, NV 89118 is currently available with a list price of $349,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1994, this property is over 30 years old and fits the 'fair' criteria. While the listing describes it as 'nice' and it appears well-maintained, the architectural style, kitchen cabinetry, and bathroom fixtures are consistent with the original construction period. It lacks the recent extensive renovations or modern high-end finishes required for a 'good' or 'excellent' rating, though it remains functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is ideally situated just minutes from the Las Vegas Strip, offering exceptional proximity to world-class entertainment, shopping, and major employment hubs.
- Community Amenities
Located within a secure gated community, residents enjoy access to a pool and spa with a relatively low monthly association fee of $160.
- Architectural Appeal
The interior features high ceilings in the living room and a primary suite with a walk-in closet, creating a more spacious and airy feel than typical townhomes of this size.
CONSRISKS & DEFICIENCIES
- Limited Parking
The attached one-car garage may be restrictive for households with multiple vehicles, potentially necessitating reliance on limited guest or street parking.
- Compact Living Space
At 1,089 square feet, the floor plan is relatively small, which may limit storage options and flexibility for those requiring a home office or larger common areas.
About 5273 Wave Dancer Lane
NICE 2 STORY TOWNHOME IN GATED COMMUNITY FEATURES 2 SPACIOUS BEDROOMS (PRIMARY BEDROOM WITH WALK-IN CLOSET),2 BATHROOMS, LIVING ROOM WITH HIGH CEILINGS. ATTACHED ONE CAR GARAGE. COMMUNITY POOL & SPA!! VERY CONVENIENT LOCATION. A FEW MINUTES TO THE STRIP, NEAR SCHOOLS, SHOPPING AND THE LIBRARY
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1994
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $160 / Month
Neighborhood Insights
Las Vegas Unified Schools
Helen Jydstrup Elementary School
Grades PK-5 • 0.2 mi
Grant Sawyer Middle School
Grades 6-8 • 1.1 mi
Durango High School
Grades 9-12 • 1.6 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 | 1,089 | 1,265 | 19% |
| Lot Size | 1,742 | 1,742 | 50% |
| Price | $349.9K | $285.0K | 68% |
| Price per sq ft | $321 | $226 | 97% |
| Built year | 1994 | 2004 | 10% |
| HOA | $160 | $160 | 50% |
| Days on market | 368 | 288 | 58% |
Pricing History
Listed for Sale
Mar 4, 2025
$349,900
Initial Listing
Sold
Jun 23, 1998
$92,500
Public Record
Sold
Jun 17, 1994
$92,500
Public Record