5551 Corral Circle, Las Vegas, NV 89119, Las Vegas, 89119 - 6 bed, 3 bath
Loading property details...
5551 Corral Circle
Las Vegas, NV 89119
PENDING
CONDITION: EXCELLENT
6Beds
3Baths
2,314Sq Ft
8,712Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$575,070
SUMMARY
This Turnkey Short-Term Rental Asset is a Prime Investment Opportunity, listed at $599,000—positioned well below the $619,590 Fair Market Value by 3%. This valuation gap offers $20,590 in Instant Equity. Featuring a Condition Rating of 2, the home includes a Resort-Style Pool, Outdoor Kitchen, and Paid Solar. While the unpermitted garage conversion requires due diligence, the property’s turnkey status and lack of HOA make it ideal for Buy-and-Hold Investors or Owner-Occupants seeking immediate cash flow.
Estimated Market Value
$575,070
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 Corral Circle Subject | $575,000* List Price | 6 | 3 | 2,314 | $249 | - |
A 5242 Jane Way Sold | $530,000 | 5 | 3 | 2,213 | $239 | 1.0 mi |
B 1851 E Hacienda Avenue Sold | $440,000 | 4 | 2 | 1,418 | $310 | 0.3 mi |
C 1655 HACIENDA Avenue Sold | $465,000 | 4 | 2 | 2,136 | $218 | 0.4 mi |
D 1047 Westminster Avenue Sold | $432,000 | 4 | 3 | 1,544 | $280 | 0.9 mi |
E 5178 Wilbur Street Sold | $480,000 | 5 | 3 | 1,831 | $262 | 1.0 mi |
F 5473 Clydesdale Street Active | $525,000 List Price | 5 | 3 | 2,426 | $216 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1972, the property underwent a comprehensive renovation from 2023 to present, meeting the <5 year renovation criteria. Updates include a modern kitchen with quartz islands, spa-style bathrooms, new flooring, and significant system upgrades including new windows and paid solar panels.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
The property is fully remodeled (2023) and sold completely furnished, including all household items, making it an immediate move-in or high-yield short-term rental opportunity with no HOA restrictions.
- Resort-Style Outdoor Amenities
The oversized corner cul-de-sac lot features a premium backyard with a pool (new deck, pump, and heater) and a high-end outdoor kitchen equipped with a pizza oven, BBQ, and fridge.
- Energy Efficiency & Financial Incentives
Value is significantly enhanced by paid-off solar panels (2023), new energy-efficient windows, a $100,000 price reduction, and seller-offered mortgage rate buy-downs.
CONSRISKS & DEFICIENCIES
- Unpermitted Living Space
The 434-square-foot semi-permanent garage conversion is not permitted, which may create complications regarding total appraised value, financing options, and future code compliance.
- Low School Ratings
The property is zoned for several schools with low performance ratings (as low as 2/10), which could limit appeal for families and impact long-term appreciation compared to other submarkets.
About 5551 Corral Circle
***$155K ALREADY INVESTED - YOURS FOR $575K Seller Paid $580k in 2023 then poured another $155K in upgrades! Price dropped to $575K! AIRPORT AREA! As an STR, property generated APPROX. $12K/MO and is now listed $155K BELOW the seller’s total investment! Incredible 6BD/4BA VINTAGE Vegas property with X-cellent income potential. MAKE OFFER! • TURNKEY • PERFECT FOR CRASH PAD! AIRBNB/STR INVESTMENT! And more, right by airport, strip, stadium, etc! This fully remodeled Vintage Vegas ranch home features 6 oversized bedrooms, 3 full baths, a huge den, PAID OFF solar, a stunning custom kitchen with quartz countertops, luxury primary suite, remodeled baths, newer windows, and an incredible backyard oasis with a pool, outdoor kitchen, BBQ, pizza oven, and more! Incredible value. Incredible opportunity. Don’t miss it! FULLY FURNISHED, dishes, pans, everything,included in price.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Gene Ward Elementary School
Grades PK-5 • 0.4 mi
2/10
Jack Dailey Elementary School
Grades PK-5 • 0.5 mi
6/10
Doris French Elementary School
Grades PK-5 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,314 | 1,961.945 |
| Lot Size | 8,712 | 6,098 |
| Price | $575.0K | $486.0K |
| Price per sq ft | $248 | $259 |
| Built year | 1972 | 2002 |
| HOA | $0 | $83 |
| Days on market | 61 | 62 |
Pricing History
Listed for Sale
Jul 31, 2026
$575,000
$599,000
-4% Price Drop
Initial Listing
Price Change
Jul 10, 2026
$599,000
Initial Listing