
Las Vegas, NV 89120
This Value-Add Townhouse Asset represents the lowest-priced entry point in the subdivision with a List Price of $249,000, compared to a $224,019 Fair Market Value. While currently holding a Condition Rating of 4, the property offers significant upside through cosmetic modernization of its original 1994 finishes. Key features include vaulted ceilings, a fireplace, and enhanced privacy facing a water wash in a gated community, all within a Strategic Location just 11 minutes from the Strip. This property is a high-potential acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5370 Runningbrook Road Subject | $249,000* List Price | 2 | 2 | 1,104 | $199 | - |
A 5342 Runningbrook Road Sold | $315,000 | 3 | 2 | 1,337 | $236 | 0.1 mi |
B 2413 Paradise Village Way Sold | $225,000 | 3 | 2 | 1,332 | $169 | 0.9 mi |
C 5342 RUNNINGBROOK Road Sold | $315,000 | 2 | 3 | 1,337 | $236 | 0.1 mi |
D 3683 Villa Knolls East Drive Sold | $209,000 | 3 | 2 | 1,026 | $204 | 0.5 mi |
E 3435 Villa Knolls South Drive Active | $264,900 List Price | 2 | 2 | 1,026 | $258 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, this 30-year-old home is dated and requires 'TLC' as noted in the listing. While it has been freshly painted and features a newer water heater (2018), the kitchen remains largely original with dated cabinetry and countertops. The exterior landscaping is overgrown, but the home remains functional and move-in ready for a buyer willing to perform minor updates.
Positioned as the lowest-priced home in the area, this property presents a high-upside opportunity for investors or primary residents to build equity through minor improvements.
The home offers superior accessibility, located only 5 minutes from the airport and 11 minutes from the Las Vegas Strip, making it ideal for frequent travelers or hospitality professionals.
Unlike many townhomes, this unit faces a water wash rather than another building, providing a more open feel and increased privacy with no neighbors directly in front.
The listing indicates the home needs cosmetic attention and minor repairs, which may deter buyers looking for a completely turn-key, move-in-ready experience.
With a 1994 build date, major mechanical systems and structural components may be nearing the end of their typical life cycles, potentially requiring future capital expenditure.
AMAZING POTENTIAL! LOWEST PRICE IN THE AREA! This freshly painted 1 story townhome in the quaint, gated community of Paradise Springs offers a HUGE primary with XL walk-in closet, dual sink and walk-in shower in en-suite. Open concept living with vaulted ceilings and fireplace in family room. Tub/shower in secondary bath. All appliances included! With a little TLC, this could be a beautiful home. Stay cool in your community pool with park. HOA includes front landscape maintenance and roof coverage! Home faces a water wash so no one in front of you. Water heater replaced in 2018. If you want convenience, how about 5 minutes to the airport and only 11 minutes to the strip! Don't miss this great opportunity to make this charming townhouse your home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,104 | 1,440 | 24% |
| Lot Size | 3,049 | 2,280 | 76% |
| Price | $249.0K | $275.0K | 41% |
| Price per sq ft | $226 | $190 | 94% |
| Built year | 1994 | 1973 | 94% |
| HOA | $225 | $225 | 50% |
| Days on market | 56 | 312 | 6% |
Apr 21, 2026
$249,000
Initial Listing
Jun 24, 1994
$105,500
Public Record