5441 Desert Valley Drive, Las Vegas, NV 89149, Las Vegas, 89149 - 3 bed, 3 bath
Loading property details...
Las Vegas, NV 89149
This property presents a High-Potential Investment Opportunity with a List Price of $499,900—positioned well below the $436,054 Fair Market Value by -14%. Featuring a Fair Condition Rating, this Single Family Residence requires significant restoration, particularly for the inground pool and spa. Located in the gated Villa Trinidad community near Dean Lamar Allen Elementary, this asset offers substantial upside for those capable of managing a short sale. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5441 Desert Valley Drive Subject | $449,000* List Price | 3 | 3 | 1,937 | $216 | - |
A 7777 Verde River Way Sold | $439,000 List Price | 3 | 2 | 1,741 | 0.2 mi | |
B 7848 Ben Hogan Drive Active | $449,999 List Price | 3 | 2 | 1,863 | $242 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1993 (31 years old), the property is a short sale sold strictly 'as-is' and is described as an investor opportunity needing rehab. Key systems like the pool and spa require restoration, and the interior features original oak cabinetry, dated carpeting, and popcorn ceilings, fitting the criteria for a property needing significant sweat equity.
Situated in the desirable Villa Trinidad gated community within Painted Desert, offering residents enhanced security, privacy, and a prestigious neighborhood profile.
The property features a spacious 6,970 sqft lot with an existing inground pool and spa, providing a significant infrastructure advantage for creating a custom backyard oasis.
Priced as a 'sweat-equity' or investor-friendly opportunity, allowing buyers to customize the home to their specific tastes while potentially building immediate equity through renovations.
The transaction is a short sale subject to third-party bank approval, which typically results in a more complex and prolonged closing timeline compared to traditional sales.
Sold strictly in 'as-is' condition with a pool and spa requiring full restoration, necessitating immediate and potentially substantial capital investment upon purchase.
Fantastic opportunity in the highly desirable Villa Trinidad gated community! Nestled on a spacious, private lot, this home features an incredible backyard asset: an in ground pool and spa combo just waiting to be restored into your personal private oasis (please note: pool has recently been drained). The property is sold strictly in its current "as-is" condition, making it a prime investor-friendly or sweat-equity opportunity. An FHA 203k rehab loan could be the perfect option to buy and restore this beauty—ask your lender about how to make this your dream backyard! Please note this is a short sale subject to third-party bank approval. Don't miss out on this incredible value and potential!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.4 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,937 | - |
| Lot Size | 6,970 | - |
| Price | $449.0K | $474.8K |
| Price per sq ft | $232 | $257 |
| Built year | 1993 | 0 |
| HOA | $71 | $0 |
| Days on market | 40 | 526 |
Jul 2, 2026
$449,000
$499,900
-10% Price Drop
Initial Listing
Jun 12, 2026
$499,900
Initial Listing
Nov 2, 1998
$172,500
Public Record