5823 Reeves Springs Avenue, Las Vegas, NV 89131, Las Vegas, 89131 - 3 bed, 2 bath
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Las Vegas, NV 89131
This Spacious Single-Story Home is a Strong Value Opportunity, listed at $555,000—positioned well below the $558,505 Fair Market Value by 0.6%. This valuation gap offers $3,505 in Instant Equity. The property is in Good Condition, featuring a Granite Kitchen, 10-foot ceilings, and a resort-style backyard with a private putting green and cascading waterfall. Located in a secure gated community, it balances lifestyle luxury with financial stability. This is an ideal acquisition for Owner-Occupants seeking a move-in ready retreat or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5823 Reeves Springs Avenue Subject | $499,000* List Price | 3 | 2 | 2,136 | $234 | - |
A 5831 REEVES SPRINGS Avenue Sold | $362,000 List Price | 3 | 2 | 2,136 | 0.0 mi | |
B 5840 McLennan Ranch Avenue Sold | $575,000 | 3 | 3 | 2,136 | $269 | 0.1 mi |
C 6146 Tarrant Ranch Road Sold | $595,000 | 3 | 3 | 2,619 | $227 | 0.4 mi |
D 7036 Wild Wave Drive Sold | $629,999 List Price | 3 | 2 | 2,304 | 1.0 mi | |
E 7036 WILD WAVE Drive Sold | $397,000 List Price | 3 | 2 | 2,304 | 1.0 mi | |
F 7129 Saint Lucia Street Sold | $490,000 | 3 | 2 | 1,961 | $250 | 1.0 mi |
G 5911 Hansford Ranch Avenue Active | $589,900 List Price | 3 | 2 | 2,136 | $276 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009 (17 years old), this property falls squarely into the 'Good' category. The kitchen and living areas are well-maintained and functional with granite countertops and 10-foot ceilings. While the carpet shows some minor wear and the finishes are original to the build date, the home is move-in ready and reflects pride of ownership.
The property features exceptional outdoor amenities including a serene pond with a cascading waterfall, a private putting green, and a shaded palapa, offering a unique resort-like retreat.
With soaring 10-foot ceilings and over 2,100 square feet of living space, this single-story layout provides an open, airy atmosphere that is highly sought after for both accessibility and modern aesthetics.
Located within a secure gated community in the Centennial-Jones subdivision, the home offers enhanced security and a sense of exclusivity for its residents.
The property has been on the market for 43 days and has already seen a price reduction from $570,000 to $555,000, suggesting potential challenges in meeting current buyer expectations or market demand.
The assigned public schools for this address have modest ratings ranging from 4 to 5, which may be a drawback for families specifically seeking top-tier educational districts.
Step into this beautifully designed single-story home located in a secure gated community, offering comfort, style, and resort-like outdoor living. This 3-bedroom, 2-bath residence features soaring 10-foot ceilings that create an open, airy feel throughout the living spaces. The kitchen is appointed with elegant granite countertops, perfect for both everyday living and entertaining. Outside, the low-maintenance desert landscaping is thoughtfully designed to complement the home’s natural surroundings while conserving water. The backyard is a true retreat—enjoy tranquil moments by the serene pond with a cascading waterfall, practice your short game on the private putting green, or relax under the shaded palapa, ideal for outdoor gatherings. This home combines indoor comfort with exceptional outdoor amenities—perfect for those seeking both relaxation and lifestyle.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 2,136 | 2,238 | 48% |
| Lot Size | 6,970 | 6,534 | 52% |
| Price | $499.0K | $399.9K | 73% |
| Price per sq ft | $234 | $195 | 68% |
| Built year | 2009 | 2003 | 86% |
| HOA | $90 | $60 | 82% |
| Days on market | 76 | 1061 | 0% |
Jun 15, 2026
$499,000
$555,000
-10% Price Drop
Initial Listing
May 14, 2026
$555,000
$570,000
-3% Price Drop
Initial Listing
Apr 1, 2026
$570,000
Initial Listing