5601 Rocky Ravine Avenue, Las Vegas, NV 89131, Las Vegas, 89131 - 6 bed, 3 bath
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Las Vegas, NV 89131
This Fully Remodeled Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $689,000—positioned well below the $775,591 Fair Market Value by 11%. This valuation gap provides $86,591 in Instant Equity. Boasting an Excellent Condition Rating, the home features a rare Next Gen suite, a chef’s kitchen with quartz counters, and a private pool. With RV parking and no restrictive HOA bylaws, it offers rare lifestyle freedom. This is an elite acquisition for Multi-Generational Families or Owner-Occupants seeking a high-equity, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5601 Rocky Ravine Avenue Subject | $689,000* List Price | 6 | 3 | 3,754 | $207 | - |
A 6005 Cabo San Lucas Avenue Sold | $705,000 | 6 | 4 | 4,234 | $167 | 0.6 mi |
B 6005 Cabo San Lucas Avenue Sold | $705,000 | 6 | 4 | 4,234 | $167 | 0.6 mi |
C 8810 Arroyo Azul Street Sold | $690,000 | 6 | 4 | 3,545 | $195 | 0.4 mi |
D 8810 Arroyo Azul Street Sold | $690,000 | 6 | 4 | 3,545 | $195 | 0.4 mi |
E 8810 ARROYO AZUL Street Sold | $690,000 | 6 | 4 | 3,545 | $195 | 0.4 mi |
F 8516 Chapman Ravine Street Sold | $534,900 List Price | 4 | 3 | 3,754 | 0.0 mi | |
G 5837 Ponderosa Verde Place Pending | $699,000 List Price | 4 | 4 | 3,545 | $197 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2004, the property has undergone an extensive recent remodel that brings it up to modern standards. The interior features new luxury vinyl plank flooring, fresh paint, and a contemporary chef's kitchen with high-end quartz waterfall countertops, a farm sink, and stainless steel double ovens. The addition of a fully equipped Next Gen suite and the pristine condition of the outdoor pool area indicate that all components are virtually new with no visible deferred maintenance.
The property features a rare first-floor Next Gen suite complete with a kitchenette, living area, and private bedroom, ideal for dual-living arrangements or high-end guest accommodations.
Extensively remodeled with luxury vinyl flooring, fresh paint, and a chef's kitchen featuring quartz countertops and double ovens, providing a move-in-ready experience with contemporary finishes.
Situated on a corner lot, the home offers a 3-car garage plus dedicated RV parking with a separate driveway, all while benefiting from an HOA with no restrictive bylaws or improvement approval requirements.
With six bedrooms but only three bathrooms, the home may experience logistical challenges and high demand for shared facilities during peak hours for larger households.
Despite the aesthetic interior remodel, the 2004 build date suggests that original structural components and major mechanical systems like the roof or HVAC may be nearing the end of their typical lifespan.
Fully remodeled home on a corner lot with mature landscaping, 3-car garage, and RV parking with a separate driveway. The interior features new luxury vinyl flooring and fresh paint throughout. A versatile flex space at the entry is ideal for a home office. The first floor includes a Next Gen suite with kitchenette, living area, private bedroom, and full bath. The kitchen offers quartz counters, double ovens, cooktop, farm sink, backsplash, and a walk-in pantry. Open-concept living and dining areas flow seamlessly to the backyard with a pool and large covered patio, perfect for entertaining. HOA is a land management agreement with no community rules, bylaws, or approval required for improvements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 97% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,754 | 2,257 | 90% |
| Lot Size | 8,712 | 6,970 | 68% |
| Price | $689.0K | $406.0K | 84% |
| Price per sq ft | $184 | $203 | 43% |
| Built year | 2004 | 2003 | 56% |
| HOA | $60 | $60 | 50% |
| Days on market | 12 | 1000 | 0% |
Apr 10, 2026
$689,000
Initial Listing