5903 Blue Grouse Trail, Las Vegas, NV 89142, Las Vegas, 89142 - 3 bed, 3 bath
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Las Vegas, NV 89142
This High-Potential Investment Opportunity is listed at a List Price of $365,000—positioned well below the $370,975 Fair Market Value by 1%. This valuation gap offers $5,975 in Instant Equity. Featuring brand-new A/C units and a low $40 HOA, the property maintains a Fair Condition Rating, requiring cosmetic updates to maximize its potential. Located near highly-rated schools, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build wealth through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5903 Blue Grouse Trail Subject | $365,000* List Price | 3 | 3 | 1,637 | $227 | - |
A 5915 Woodfield Drive Sold | $395,000 | 4 | 3 | 1,636 | $241 | 0.2 mi |
B 6100 Apple Orchard Drive Sold | $410,000 | 3 | 3 | 1,669 | $246 | 0.4 mi |
C 6058 Grape Blossom Avenue Sold | $276,900 | 3 | 3 | 1,608 | $172 | 0.8 mi |
D 5857 RAINBOW BRIDGE Drive Sold | $359,900 | 3 | 2 | 1,334 | $270 | 0.1 mi |
E 6173 American Beauty Avenue Sold | $380,000 | 3 | 2 | 1,632 | $233 | 0.6 mi |
F 5857 Rainbow Bridge Drive Sold | $359,900 | 3 | 2 | 1,334 | $270 | 0.1 mi |
G 1747 Raspberry Hill Road Sold | $394,500 | 4 | 2 | 1,652 | $239 | 0.7 mi |
H 6057 Bing Cherry Drive Sold | $405,000 | 3 | 2 | 1,632 | $248 | 0.7 mi |
I 5916 Clover Canyon Lane Active | $379,900 List Price | 3 | 3 | 1,594 | $238 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is at the 20-year mark with original dated oak cabinetry and laminate counters in the kitchen and bathrooms. While the HVAC systems are brand new with warranties, the interior shows signs of wear and mismatched appliances, and the listing description explicitly notes the need for a buyer to 'make it shine' and 'transform' the space, indicating a need for cosmetic updates and minor repairs.
Listed at $365,000 with a recent appraisal of $370,000, this property provides immediate equity for the buyer, a significant advantage in the current market.
The home features two brand-new A/C units with 10-year warranties, offering substantial long-term value and peace of mind regarding high-cost maintenance items.
With a monthly HOA fee of only $40, this property offers exceptionally low recurring costs compared to many other residential communities in Las Vegas.
The property is marketed as needing 'vision' and personal touches, suggesting that immediate investment in cosmetic repairs or upgrades is necessary.
The 3,920-square-foot lot is relatively compact, which may limit outdoor activities or landscaping possibilities for buyers seeking a larger yard.
Priced UNDER APPRAISED VALUE! Just rec'd appraisal at 370k- have instant equity- unheard of! This 3-bedroom, 2 and 3/4 bath yes! TWO FULL bathrooms upstairs and 3/4 bath downstairs with shower- home offers 1,637 square feet of living space and is ready for its next owner to make it shine. Built in 2004, the property features a functional floor plan, spacious living areas, and a low monthly HOA of just $40. Major improvements include two brand-new A/C units, both backed by 10-year warranties, providing significant value and peace of mind for years to come. A Mercury Home Warranty is also included and paid through the remainder of the year. Whether you're an investor looking to expand your portfolio or a buyer eager to add your own personal touches, this home presents an excellent opportunity to build equity and maximize its potential. Conveniently located near shopping, dining, parks, schools, and everyday amenities, the location adds to the property's appeal. This property is a perfect opportunity for those with vision to transform it into something special. Don't miss your chance to unlock the possibilities this home has to offer!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,637 | - |
| Lot Size | 3,920 | - |
| Price | $365.0K | $474.8K |
| Price per sq ft | $223 | $257 |
| Built year | 2004 | 0 |
| HOA | $40 | $0 |
| Days on market | 36 | 526 |
Jun 16, 2026
$365,000
Initial Listing