5551 Tahoe Meadows Court, Las Vegas, NV 89120, Las Vegas, 89120 - 4 bed, 3 bath
Loading property details...
5551 Tahoe Meadows Court
Las Vegas, NV 89120
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,605Sq Ft
11,326Lot Size
Property Price
LIST PRICE$620,000
EST. MARKET VALUE
$583,560
6% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $620,000—positioned well below the $583,560 Fair Market Value by -6%. While the property requires cosmetic updates due to its Fair Condition Rating, the expansive quarter-acre lot and custom outdoor bar provide significant lifestyle upside. The home features a versatile floor plan with a private office and a three-car garage, making it a functional asset. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build equity through strategic modernization.
Estimated Market Value
$583,560
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 |
|---|---|---|---|---|---|---|
★ 5551 Tahoe Meadows Court Subject | $620,000* List Price | 4 | 3 | 2,605 | $224 | - |
A 4128 Tarkin Avenue Sold | $580,000 | 3 | 3 | 2,347 | $247 | 0.0 mi |
B 6043 Aster Crest Court Sold | $469,990 | 4 | 3 | 2,352 | $200 | 0.9 mi |
C 5039 Mesa View Drive Sold | $450,000 | 4 | 2 | 2,176 | $207 | 1.0 mi |
D 3862 Boca Chica Avenue Sold | $469,900 | 4 | 2 | 1,835 | $256 | 0.5 mi |
E 5366 Ravendale Circle Sold | $440,000 | 3 | 2 | 2,141 | $206 | 0.8 mi |
F 3740 Rick Stratton Drive Active | $689,000 List Price | 3 | 3 | 2,748 | $251 | 0.6 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 2000, the property is over 20 years old and retains most of its original finishes. While functional, the kitchen cabinetry and fixtures are dated, and the interior shows significant wear, specifically heavily stained carpeting in the bedrooms and dated window treatments, necessitating minor repairs and cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2605.
- Outdoor Entertainment Oasis
The property sits on a generous quarter-acre lot featuring a custom grill and bar area, providing a premium space for outdoor hosting and enjoying the Las Vegas climate.
- Versatile Work & Storage Space
A dedicated private front office combined with a three-car garage featuring a full workbench and ample storage makes this home ideal for remote professionals and hobbyists.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 2000, the interior finishes and major systems may require updates or refreshments to compete with the aesthetic and efficiency of newer residential developments.
- Recurring Association Fees
The $300 association fee represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers in this price bracket.
About 5551 Tahoe Meadows Court
Welcome to 5551 Tahoe Meadows Court, a beautifully spacious 4-bedroom, 3-bathroom home. Offering an expansive 2,605 square feet of comfortable living space, this inviting property sits on a generous quarter-acre lot, providing an incredible outdoor oasis. Step into the backyard to discover a custom grill and bar area, tailor-made for outdoor entertainment, summer barbecues, and relaxing evenings under the desert sky. Built in 2000, this home features a thoughtfully designed floor plan that maximizes both space and natural light. The main living areas are perfect for gathering, highlighted by a cozy kitchen for all your culinary needs. The attached three-car garage comes equipped with ample storage and a full workbench area for any future projects. And at the front of the home is an additional office space that can be closed off to the rest of the home for privacy. Whether you are hosting friends at your outdoor bar or enjoying the expansive interior layout, this Las Vegas gem combines fantastic amenities with a prime location. Don't miss your chance to make this exceptional property your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,605 | 1,961.945 |
| Lot Size | 11,326 | 6,098 |
| Price | $620.0K | $486.0K |
| Price per sq ft | $238 | $259 |
| Built year | 2000 | 2002 |
| HOA | $300 | $83 |
| Days on market | 4 | 62 |
Pricing History
Listed for Sale
Sep 5, 2026
$620,000
Initial Listing