5549 Orchard Lane, Las Vegas, NV 89110, Las Vegas, 89110 - 2 bed, 2 bath
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5549 Orchard Lane
Las Vegas, NV 89110
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,186Sq Ft
1,127Lot Size
Property Price
LIST PRICE$230,000
EST. MARKET VALUE
$238,072
3% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a 2-bedroom townhome listed at $230,000, positioned well below the $238,073 Fair Market Value by 3%. This valuation gap offers $8,073 in Instant Equity. Featuring a Condition Rating of 4, the property offers a functional layout with vaulted ceilings and a private patio, though it remains a prime candidate for cosmetic updates to maximize rental yield. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level asset with immediate upside.
Estimated Market Value
$238,072+$8,072 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5549 Orchard Lane Subject | $230,000* List Price | 2 | 2 | 1,186 | $201 | - |
A 5670 Vineyard Lane Active | $259,000 List Price | 2 | 2 | 1,179 | $220 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984 (40 years old), the property is described as well-maintained but remains largely dated. The kitchen features original-style oak cabinetry and older white appliances, and while the home is move-in ready, it lacks the recent renovations required for a higher rating and will eventually need cosmetic updates to the kitchen and baths.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Appeal
The interior features vaulted ceilings and a versatile loft, creating an open, airy atmosphere that maximizes the living space and adds modern character.
- Indoor-Outdoor Flow
Double French doors lead to a fully enclosed private patio, providing a seamless transition to a secluded outdoor area perfect for relaxation or entertaining.
- Prime Community Location
The home is ideally situated just steps from the community’s quieter, more private second pool, offering resort-style convenience with enhanced privacy.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1127, other record lot size in square feet = 1307.
- Property Age
Built in 1984, the home may require updates to major systems or cosmetic finishes to align with contemporary design standards and energy efficiency.
- School District Ratings
The property is zoned for schools with lower performance ratings, particularly at the middle and high school levels, which may impact appeal for families.
About 5549 Orchard Lane
Beautifully maintained 2-bedroom, 2-bathroom townhome just steps from the community’s quieter, more private second pool. Featuring vaulted ceilings, a versatile loft, and an open, inviting layout. Double French doors lead from the downstairs living area to a fully enclosed private patio, creating the perfect indoor-outdoor living space. A wonderful opportunity to enjoy comfort, privacy, and resort-style community living.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1984
- Lot Size
- 1,127 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $286 / Month
Neighborhood Insights
Las Vegas Unified Schools
John F Mendoza Elementary School
Grades PK-5 • 0.8 mi
4/10
Kirk Adams Elementary School
Grades PK-5 • 1.3 mi
5/10
Duane D Keller Middle School
Grades 6-8 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,186 | 1,414.01 |
| Lot Size | 1,127 | 2,178 |
| Price | $230.0K | $333.8K |
| Price per sq ft | $194 | $236 |
| Built year | 1984 | 1997 |
| HOA | $286 | $202 |
| Days on market | 8 | 70 |
Pricing History
Listed for Sale
Sep 1, 2026
$230,000
Initial Listing