5916 Paseo Del Mar, Las Vegas, NV 89108, Las Vegas, 89108 - 3 bed, 3 bath
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Las Vegas, NV 89108
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $515,000—positioned above the $453,411 Fair Market Value. While priced for the current market, the property features a massive 1/3-acre lot with gated RV/boat storage, offering significant utility. With a Fair Condition Rating and recent 2024 upgrades including a new HVAC and roof, the home provides a stable foundation for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, no-HOA asset with substantial room for value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5916 Paseo Del Mar Subject | $515,000* List Price | 3 | 3 | 2,347 | $193 | - |
A 5805 W Cheyenne Avenue Sold | $500,000 List Price | 3 | 2 | 2,172 | 0.3 mi | |
B 2532 Goldenmoon Street Sold | $480,000 | 3 | 3 | 2,556 | $188 | 0.8 mi |
C 6100 W Brooks Avenue Sold | $440,000 | 3 | 2 | 1,768 | $249 | 0.2 mi |
D 2915 Maverick Street Sold | $660,000 | 4 | 3 | 3,256 | $203 | 0.3 mi |
E 5701 Avenida Tampico Pending | $500,000 List Price | 5 | 3 | 2,105 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the 1986 construction and original 'vintage' kitchen/baths are over 30 years old and dated, the property is maintained with significant recent system upgrades including a 2024 HVAC and roof repairs, placing it in Fair condition rather than Poor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 2347.
The massive 1/3-acre lot features a wide, gated side entrance specifically designed for RV, boat, or work truck storage, providing significant value and savings on external storage fees.
The property offers immediate peace of mind with significant 2024 maintenance completed, including brand-new HVAC systems, roof repairs, and fresh interior/exterior paint.
The home is noted for its 'vintage features,' suggesting that the kitchen and bathrooms likely require modernization to meet current market trends and buyer expectations.
Built in 1986, the property may lack the superior insulation, energy-efficient window technology, and open-concept layout found in more contemporary Las Vegas builds.
Maximum Value if you need Large Lot For Your RV, Boat, Work Trucks or Toys! Two-Story Residence With Vintage Features Sits On An Expansive 1/3 Acre Lot. Features A Wide, Gated Side Entrance For Trailer Or Vehicle Storage. Skip The Storage Fees And Bring The SAVINGS Home! Be Greeted By A Custom Wood And Stained-Glass Entry That Opens Into A Grand Vaulted Foyer, Flowing Seamlessly Into The Oversized Living And Formal Dining Areas. The Rear Of The Home Is An Entertainer’s Dream, Offering A Secondary Living With Fireplace, Casual Dining Space And A Den Complete With A Wet Bar. The Primary Suite Features Double Doors Entry, A Private Balcony, And A Spacious Bathroom Featuring Dual Sinks, A Dedicated Makeup Vanity, And A Large Walk-In Closet. Two Additional Oversized Bedrooms Are Positioned For Privacy. Enjoy Peace Of Mind With Significant Maintenance Already Completed: 2024 Complete New HVAC Systems installed, Roof Repair, And Fresh Paint.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,347 | 1,582 | 93% |
| Lot Size | 16,117 | 6,534 | 90% |
| Price | $515.0K | $349.0K | 91% |
| Price per sq ft | $219 | $225 | 47% |
| Built year | 1986 | 1984 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 992 | 0% |
May 15, 2026
$515,000
Initial Listing