5420 Cedar Canyon Lane, Las Vegas, NV 89113, Las Vegas, 89113 - 2 bed, 2 bath
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Las Vegas, NV 89113
This Single-Story Residential Home is a Strong Value Opportunity, listed at $484,000—positioned well below the $530,445 Fair Market Value by 8%. This valuation gap offers $46,445 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Resort-Style Backyard with a Pool and Spa, and a Versatile Office/Den. Located near Top-Rated Schools like Goolsby Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, no-HOA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5420 Cedar Canyon Lane Subject | $484,000* List Price | 2 | 2 | 1,579 | $336 | - |
A 7883 Southern Roundup Court Sold | $410,000 List Price | 2 | 2 | 1,579 | 0.5 mi | |
B 5560 Airview Court Sold | $380,000 | 3 | 2 | 1,282 | $296 | 0.4 mi |
C 7927 W Oquendo Road Sold | $455,000 | 3 | 2 | 1,578 | $288 | 0.6 mi |
D 7892 Southern Roundup Court Sold | $516,000 | 3 | 2 | 1,579 | $327 | 0.5 mi |
E 7892 SOUTHERN ROUNDUP Court Sold | $516,000 | 3 | 2 | 1,579 | $327 | 0.5 mi |
F 5861 Lost Valley Street Sold | $460,000 | 3 | 2 | 1,581 | $291 | 0.9 mi |
G 5569 Johnny Holiday Street Pending | $446,000 List Price | 3 | 2 | 1,452 | $307 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1994 (30 years old), the property shows evidence of a mid-life renovation (approx. 5-15 years ago) including granite countertops and stainless steel appliances. The interior features fresh paint and well-maintained flooring, making it move-in ready and functional rather than needing immediate repairs.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
The property features a private outdoor retreat complete with a sparkling pool, spa, and covered patio, offering a premium lifestyle element that is highly coveted in the Las Vegas climate.
Rare for this area, the home is listed with no association fees, providing the homeowner with significant monthly cost savings and greater flexibility regarding property use and modifications.
With only two formal bedrooms, the property may see restricted interest from larger families or buyers specifically requiring three or more dedicated sleeping rooms.
Given the 1994 construction date, buyers may be concerned about the remaining lifespan of major ticket items such as the roof, HVAC, or pool equipment if they haven't been recently replaced.
Elegant single-story residence in desirable Southwest Las Vegas offering refined comfort, flexible living, and resort-style outdoor enjoyment. Fresh interior paint, and an inviting open layout create a warm, elevated feel throughout. The home features 2 bedrooms plus a versatile office/den that may serve as a guest room, private workspace, or potential 3rd bedroom depending on buyer needs. Step outside to a private backyard retreat with a sparkling pool and spa, covered patio, low-maintenance desert landscaping, and mature greenery that adds natural charm. Ideally positioned near shopping, dining, parks, schools, and freeway access, this home delivers an exceptional blend of lifestyle, convenience, and single-story living.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.3 mi
Grades PK-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 2.0 | 3.0 | 18% |
| Square foot | 1,579 | 2,470 | 17% |
| Lot Size | 6,970 | 5,663 | 62% |
| Price | $484.0K | $470.0K | 51% |
| Price per sq ft | $307 | $236 | 79% |
| Built year | 1994 | 2006 | 22% |
| HOA | $0 | $56 | 29% |
| Days on market | 23 | 495 | 1% |
May 15, 2026
$484,000
Initial Listing
Jul 13, 1994
$125,000
Public Record