5871 Lost Valley Street, Las Vegas, NV 89113, Las Vegas, 89113 - 3 bed, 3 bath
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5871 Lost Valley Street
Las Vegas, NV 89113
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,904Sq Ft
7,405Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$526,180
4% AboveMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well above the $526,180 Fair Market Value by 4%. While the price reflects a premium, the property offers significant lifestyle benefits, including No HOA fees, a 3-car garage, and a covered patio on a large lot. With a Fair Condition Rating, the home provides a solid foundation for cosmetic updates to modernize the original fixtures. This is an ideal acquisition for Owner-Occupants seeking a central location or Value-Add Investors.
Estimated Market Value
$526,180
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 |
|---|---|---|---|---|---|---|
★ 5871 Lost Valley Street Subject | $550,000* List Price | 3 | 3 | 1,904 | $276 | - |
A 7894 West Patrick Lane Sold | $490,000 | 3 | 2 | 1,579 | $310 | 0.8 mi |
B 5608 Scottyboy Drive Sold | $430,000 | 4 | 3 | 2,068 | $208 | 0.4 mi |
C 5420 Cedar Canyon Lane Sold | $475,000 | 2 | 2 | 1,579 | $301 | 0.9 mi |
D 7883 Southern Roundup Court Sold | $410,000 List Price | 2 | 2 | 1,579 | 0.7 mi | |
E 5975 Garden Vista Street Sold | $499,900 | 3 | 2 | 1,581 | $316 | 0.2 mi |
F 7595 Paso Robles Avenue Pending | $399,999 List Price | 3 | 3 | 1,795 | $223 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1997 (27 years old), the property falls into the Fair category based on age. While well-maintained with some updates like granite countertops and wood-look tile flooring, the kitchen cabinetry and bathroom fixtures remain original and dated, requiring modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Prime Location & Accessibility
Ideally situated within 15 minutes of the Las Vegas Strip and major sports venues like Allegiant Stadium, offering exceptional convenience for entertainment and commuting.
- No HOA Restrictions
The absence of a Homeowners Association provides owners with significant monthly cost savings and greater freedom regarding property use and modifications.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1997, the property is approaching a 30-year milestone where major systems such as the roof or HVAC may require significant capital investment or replacement.
- Inconsistent School Ratings
While some nearby elementary schools are highly rated, the immediate middle and high schools have lower performance scores, which may affect long-term resale value for families.
About 5871 Lost Valley Street
Exceptional central Las Vegas location with NO HOA! Ideally situated just 15 minutes from the iconic Las Vegas Strip, 10 minutes from Allegiant Stadium, and 15 minutes from the future Athletics (A's) Stadium, this home offers convenient access to world-class entertainment, dining, shopping, and major sporting events. Beautifully maintained, this home features soaring 10-foot ceilings and offers over 1,900 square feet of thoughtfully designed living space with 3 bedrooms and 2.5 bathrooms. The spacious primary suite includes a large walk-in closet and a private ensuite with dual sinks, a separate soaking tub and shower, creating the perfect place to unwind. The well-appointed kitchen showcases gorgeous granite countertops, a pantry, and all appliances included, opening seamlessly to the main living areas finished with durable wood-look tile flooring. The oversized 3-car garage provides ample parking and additional storage. Step outside to a backyard designed for the Las Vegas lifestyle, complete with low-maintenance artificial turf, mature fruit trees, and a covered patio that spans the length of the home—perfect for relaxing or entertaining year-round.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Marion B Earl Elementary School
Grades PK-5 • 1.3 mi
5/10
Frank Kim Elementary School
Grades PK-5 • 1.7 mi
5/10
Helen Jydstrup Elementary School
Grades PK-5 • 1.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,904 | 1,961.945 |
| Lot Size | 7,405 | 6,098 |
| Price | $550.0K | $486.0K |
| Price per sq ft | $289 | $259 |
| Built year | 1997 | 2002 |
| HOA | $0 | $83 |
| Days on market | 35 | 62 |
Pricing History
Listed for Sale
Aug 5, 2026
$550,000
Initial Listing
Sold
Mar 24, 1997
$157,000
Public Record