5281 Mineral Lake Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
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Las Vegas, NV 89122
This single-story corner lot residence represents a Prime Investment Opportunity with a List Price of $320,000—positioned well below the $395,921 Fair Market Value by 19%. This significant valuation gap provides $75,921 in Instant Equity for the incoming buyer. While the property holds a Fair Condition Rating due to original builder-grade fixtures, it features a Granite Kitchen and Solar Screens within a gated community offering a pool and spa. This high-yield asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to capture immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5281 Mineral Lake Drive Subject | $320,000* List Price | 3 | 2 | 1,225 | $245 | - |
A 6693 Diamond Care Drive Sold | $340,000 | 3 | 2 | 1,377 | $247 | 0.1 mi |
B 6693 Diamond Care Drive Sold | $340,000 | 3 | 2 | 1,377 | $247 | 0.1 mi |
C 5236 Jewel Canyon Drive Sold | $330,000 | 3 | 2 | 1,377 | $240 | 0.2 mi |
D 4940 Mascaro Drive Sold | $305,000 | 3 | 2 | 1,225 | $249 | 0.4 mi |
E 5114 Mascaro Drive Sold | $302,500 | 3 | 2 | 1,377 | $220 | 0.3 mi |
F 5279 Mineral Lake Drive Sold | $310,000 | 3 | 2 | 1,377 | $225 | 0.0 mi |
G 5123 Mascaro Drive Active | $379,000 List Price | 3 | 2 | 1,225 | $309 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this 23-year-old home is well-maintained but shows signs of its age. While the kitchen has been partially updated with granite countertops, the cabinetry, bathroom fixtures, and tub surrounds appear to be original builder-grade materials from the time of construction. It meets the 'Fair' criteria as an aged property with regular upkeep and minor updates rather than a comprehensive recent renovation.
The property is located in a gated community that offers a pool, spa, basketball court, and playground, with the added benefit of front-yard landscape maintenance included in the HOA.
As a single-story home situated on a corner lot, this property provides enhanced privacy and accessibility, which is highly sought after for long-term residency.
The home features solar screens on all windows for improved energy efficiency and an upgraded kitchen with granite countertops and a breakfast bar.
The assigned public schools have relatively low ratings, ranging from 2 to 4, which may be a deterrent for families prioritizing high-performing educational zones.
With 1,225 square feet of living area and a modest lot size, the property may feel restrictive for larger families or those requiring significant outdoor space.
Charming single-story home in a corner lot, offering an open layout with 3 bedrooms and 2 bathrooms. Kitchen upgraded with granite counter tops and breakfast bar, spacious living area, solar screens on all windows, and a private backyard ideal for relaxing or entertaining. Located in a gated community featuring a pool, spa, basketball court, playground, and front-yard landscape maintenance. An excellent opportunity in a well-kept neighborhood.
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 5.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,225 | 1,570 | 21% |
| Lot Size | 3,920 | 5,227 | 34% |
| Price | $320.0K | $349.9K | 42% |
| Price per sq ft | $261 | $218 | 80% |
| Built year | 2001 | 2001 | 50% |
| HOA | $168 | $52 | 94% |
| Days on market | 82 | 1337 | 0% |
Mar 24, 2026
$320,000
Initial Listing