5693 Ibanez Avenue, Las Vegas, NV 89103, Las Vegas, 89103 - 4 bed, 3 bath
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Las Vegas, NV 89103
This Renovated Single-Family Residence is a High-Potential Investment Opportunity listed at $525,000—positioned well below the $753,301 Fair Market Value by 30%. This significant valuation gap provides $228,301 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features a heated pool and spa, premium flooring, and porcelain tile bathrooms with No HOA restrictions. Located minutes from the Strip, it offers a turnkey lifestyle with massive financial upside. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5693 Ibanez Avenue Subject | $525,000* List Price | 4 | 3 | 2,205 | $342 | - |
A 5422 Holbrook Drive Sold | $463,000 | 4 | 3 | 2,150 | $215 | 0.4 mi |
B 6357 Spring Meadow Drive Sold | $419,995 List Price | 4 | 2 | 1,609 | 0.7 mi | |
C 3620 Willow Springs Drive Sold | $420,000 | 4 | 3 | 1,988 | $211 | 0.8 mi |
D 6348 Mockingbird Lane Active | $569,500 List Price | 4 | 3 | 2,277 | $250 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the property has undergone an extensive recent renovation that brings it up to modern standards. The interior features premium upgraded flooring, a contemporary neutral paint palette, and elegantly updated bathrooms with porcelain tile. The presence of modern appliances, updated light fixtures, and a well-maintained exterior with a heated pool and spa indicates a high level of quality with no visible deferred maintenance.
The property features a heated pool and spa within a private backyard, offering a luxury retreat perfect for year-round entertainment in the Las Vegas climate.
The absence of a homeowner association provides owners with significant financial savings and the freedom to manage their property without restrictive covenants.
Situated just minutes from the Las Vegas Strip and major highways, this home offers exceptional convenience for commuting and access to world-class amenities.
Built in 1981, the residence may require more frequent maintenance or future capital improvements to aging infrastructure compared to modern builds.
With a lot size of approximately 6,100 square feet, the inclusion of a pool and spa leaves limited additional yard space for gardening or other outdoor activities.
Welcome to 5693 Ibanez Ave, where comfort meets elevated living in one of Las Vegas’ most desirable locations. This unique residence offers 4 spacious bedrooms and 2.5 beautifully appointed bathrooms across more than 2,200 square feet of thoughtfully designed living space. Premium upgraded flooring flows seamlessly throughout the home, complemented by vibrant colors and elegantly finished bathrooms featuring with porcelain tile. Step outside to your private retreat—complete with a heated pool, relaxing spa, and an expansive backyard perfect for entertaining or creating unforgettable moments with family and friends. With no HOA and a prime location just minutes from the Las Vegas Strip, major highways, dining, entertainment, and premier shopping, this home delivers the perfect blend of luxury, convenience, and lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,205 | 1,650 | 88% |
| Lot Size | 6,098 | 6,970 | 20% |
| Price | $525.0K | $371.0K | 92% |
| Price per sq ft | $238 | $242 | 48% |
| Built year | 1981 | 1977 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 587 | 1% |
Mar 28, 2026
$525,000
Initial Listing
May 16, 1997
$155,000
Public Record