5305 La Patera Lane, Las Vegas, NV 89149, Las Vegas, 89149 - 2 bed, 3 bath
5305 La Patera Lane
Las Vegas, NV 89149
Property Price
SUMMARY
Analysis of 5305 La Patera Lane, Las Vegas, NV 89149 is currently available with a list price of $365,000. 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 1995, the property has undergone an extensive recent renovation within the last 5 years. It features a completely modernized kitchen with quartz countertops, upgraded cabinetry, and new appliances, along with updated bathrooms, all-new flooring, and fresh paint throughout, meeting the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The property features a rare assumable loan at a 2.75% interest rate, offering significant monthly savings compared to current market rates.
- Turnkey Renovations
Fully renovated with modern finishes including quartz countertops, new appliances, and upgraded flooring, providing a move-in-ready experience.
- Premium Community Amenities
Located in the guard-gated Painted Desert golf community, residents benefit from enhanced security, a clubhouse, pool, spa, and lush greenbelt views.
CONSRISKS & DEFICIENCIES
- Non-Traditional Third Bedroom
The third bedroom is currently a loft-style space, which may require additional construction to provide the privacy expected of a standard bedroom.
- Limited Private Lot Space
With a lot size of only 1,742 square feet, the property offers minimal private outdoor yard space, which may not appeal to buyers with pets or children.
About 5305 La Patera Lane
BUYER CAN ASSUME THE LOAN FOR 2.75 percent INTEREST RATE. FULLY RENOVATED. This spacious townhome sits on a lush greenbelt in the guard-gated Painted Desert golf community. Recently renovated with all-new flooring, fresh paint, and a stunning kitchen featuring quartz counters, upgraded cabinets, new appliances, and a breakfast bar. The open-concept layout offers high ceilings, a 2-way fireplace, and large windows for tons of natural light. Dual sliders lead to a private patio with greenbelt views. Upstairs, the primary suite features a private balcony, dual closets, and a beautifully updated bathroom with quartz vanities and an oval soaking tub. Two additional bedrooms, including a loft-style third that can be enclosed. (Loft can be the third bedroom) Includes a 2-car garage with storage. Lots of parking for guest. Painted Desert Community features: Clubhouse, COMMUNITY Facilities, COMMUNITY Golf, COMMUNITY Pool, COMMUNITY Spa, Guard Gated, Not Age Restricted.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1995
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $163 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruthe Deskin Elementary School
Grades PK-5 • 1.1 mi
Dean Lamar Allen Elementary School
Grades PK-5 • 1.4 mi
Justice Myron E Leavitt Middle School
Grades 6-8 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,711 | 1,417 | 97% |
| Lot Size | 1,742 | 1,957 | 48% |
| Price | $365.0K | $276.0K | 97% |
| Price per sq ft | $213 | $194 | 55% |
| Built year | 1995 | 2005 | 17% |
| HOA | $163 | $105 | 69% |
| Days on market | 229 | 609 | 31% |
Pricing History
Listed for Sale
Jul 21, 2025
$365,000
Initial Listing
Sold
Jan 9, 1998
$112,000
Public Record
Sold
Mar 1, 1996
$120,000
Public Record