5293 Tulip Hill Avenue, Las Vegas, NV 89141, Las Vegas, 89141 - 5 bed, 4 bath
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Las Vegas, NV 89141
This Fire-Damaged Residential Asset presents a High-Potential Investment Opportunity with a List Price of $408,800—positioned well below the $524,000 Fair Market Value by 22% based on recent neighborhood comparables. This valuation gap offers $115,200 in Instant Equity for buyers prepared to execute a full restoration. The property features a substantial 5-bedroom, 4-bathroom footprint and a Condition Score of 5, requiring a complete professional overhaul of all interior systems. Located in the high-demand Highlands Ranch community, this 2013-built home is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking significant forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5293 Tulip Hill Avenue Subject | $408,800* List Price | 5 | 4 | 3,065 | $133 | - |
A 5345 Tartan Hill Avenue Sold | $524,000 | 4 | 4 | 3,065 | $171 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property has sustained significant fire damage and is currently in a gutted state with exposed framing, missing drywall, and no functional kitchen, bathrooms, or flooring. It requires a complete professional restoration of all interior systems and finishes to be habitable.
With 5 bedrooms, 4 bathrooms, and over 3,000 square feet, the property offers a substantial footprint that provides high resale value potential once fully restored.
Situated in the desirable Highlands Ranch community in Southwest Las Vegas, the property is located in a high-demand area known for its modern infrastructure and growth.
Built in 2013, the home features a contemporary layout and meets modern building codes, which can simplify the permitting and reconstruction process compared to older homes.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3485, living area = 3065.
The property has sustained significant fire damage, requiring a complete and costly professional restoration of the structure and interior systems.
The 'Cash Only' and 'As-Is' requirements limit the buyer pool to investors with liquid capital, as the property's current condition disqualifies it for traditional mortgage financing.
Investment Opportunity. FIRE DAMAGED PROPERTY. Cash only. AS-IS. *** 5 bed, 4 bath single family home in Highlands Ranch!! All showings will be by appointment only. No Fire Report. Buyer to perform Due Diligence before entering into contract.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 3,065 | 2,320 | 71% |
| Lot Size | 3,485 | 5,227 | 22% |
| Price | $408.8K | $449.9K | 38% |
| Price per sq ft | $133 | $222 | 33% |
| Built year | 2013 | 2004 | 73% |
| HOA | $32 | $64 | 29% |
| Days on market | 141 | 574 | 10% |
Dec 2, 2025
$408,800
Initial Listing