5854 Alfred Drive, Las Vegas, NV 89108, Las Vegas, 89108 - 4 bed, 3 bath
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5854 Alfred Drive
Las Vegas, NV 89108
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,445Sq Ft
20,038Lot Size
Property Price
LIST PRICE$634,999
EST. MARKET VALUE
$726,642
12% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Single Family Residence listed at $659,777—positioned well below the $738,009 Fair Market Value by 10%. This valuation gap provides $78,232 in Instant Equity. Featuring a Mint Condition Rating after a complete slab-up rebuild, the home offers a Granite Kitchen, Swimming Pool, and RV Parking on a massive 1/2-acre lot. While school ratings are modest, the property’s turnkey status and privacy make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury.
Estimated Market Value
$726,642+$91,643 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5854 Alfred Drive Subject | $634,999* List Price | 4 | 3 | 2,445 | $297 | - |
A 5905 Paseo Montana Sold | $561,000 | 4 | 3 | 2,027 | $277 | 0.2 mi |
B 5517 Avenida Caballo Sold | $650,000 | 4 | 2 | 1,951 | $333 | 0.3 mi |
C 5809 Paseo Del Mar Sold | $680,000 | 4 | 3 | 2,348 | $290 | 0.4 mi |
D 5710 Madre Mesa Drive Active | $699,000 List Price | 3 | 3 | 2,786 | $251 | 0.1 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.
The property underwent a complete rebuild from the slab up within the last few years. It features a new tile roof, updated plumbing and lighting fixtures, custom cabinetry, granite countertops, and new Italian tile flooring, placing it in mint condition with no maintenance required.
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 = 20038, living area = 2445.
- Expansive Lot & No HOA
The property sits on a rare half-acre lot with no HOA restrictions, offering ultimate privacy and freedom with RV parking, a circular driveway, and a remote-controlled gated entry.
- Comprehensive Modern Rebuild
Completely rebuilt from the slab up within the last few years, the home features high-end finishes including a new tile roof, Italian tile flooring, granite countertops, and premium Moen fixtures.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools for this location have relatively low ratings, ranging from 2 to 4, which may be a drawback for families prioritizing high-performing educational districts.
- Neighborhood Value Disparity
As a high-end rebuild in an established 1970s area, the property may face appraisal challenges or limited appreciation compared to homes in newer, master-planned communities.
About 5854 Alfred Drive
LIVE THE LIFE! 1/2 ACRE LOT *NO HOA* REBUILT* MUST SEE this completely rebuilt home from the slab up within the last few years. 4 bedrooms +3 baths. NEW TITLE ROOF* NEW CUSTOM ITALIAN TILE FLOORING THROUGHOUT* NEW CARPET IN THE BEDROOMS* GREAT OPEN FLOOR PLAN * Brand New Designer Paint*New Lighting Fixtures* New Plumbing fixtures MOEN* FAMILY ROOM OPENS TO KITCHEN with Custom Cabinetry* Gorgeous Granite Countertops, Refrigerator, microwave, washer and dryer included. Primary bedroom has spa-like bath. All bathrooms remodeled.. EXTREMELY private yard has a Beautiful Swimming POOLl*KOI Pond *Vegetable garden* Work Shed* Covered Carport* RV PARKING*Circular DriVeway WITH a Remote Controlled gated Entry.. NO HOA. Reduced price!!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 20,038 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
Doris M Reed Elementary School
Grades PK-5 • 0.3 mi
4/10
J Harold Brinley Middle School
Grades 6-8 • 0.3 mi
2/10
Cimarron Memorial High School
Grades 9-12 • 1.8 mi
3/10
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 | 2,445 | 1,961.945 |
| Lot Size | 20,038 | 6,098 |
| Price | $635.0K | $486.0K |
| Price per sq ft | $260 | $259 |
| Built year | 1975 | 2002 |
| HOA | $0 | $83 |
| Days on market | 32 | 62 |
Pricing History
Listed for Sale
Sep 1, 2026
$634,999
$639,888
-1% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$639,888
$639,999
+0% Price Increase
Initial Listing
Price Change
Aug 28, 2026
$639,999
$644,999
-1% Price Drop
Initial Listing
Price Change
Aug 26, 2026
$644,999
$649,777
-1% Price Drop
Initial Listing
Price Change
Aug 22, 2026
$649,777
$649,888
+0% Price Increase
Initial Listing
Price Change
Aug 21, 2026
$649,888
$649,999
+0% Price Increase
Initial Listing
Price Change
Aug 13, 2026
$649,999
$659,777
-1% Price Drop
Initial Listing
Price Change
Aug 8, 2026
$659,777
Initial Listing
Sold
Feb 10, 1997
$166,000
Public Record