
Las Vegas, NV 89118
This property presents a High-Potential Investment Opportunity with a List Price of $362,000—positioned well below the $332,687 Fair Market Value by -8%. While the property requires cosmetic modernization, its Condition Rating of 4 and functional layout provide a solid foundation for value-add renovations. Located in the gated Spring Valley Ranch with community pool access, this home offers a strategic location near the Las Vegas Strip. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6086 Sunken River Trail Subject | $362,000* List Price | 2 | 3 | 1,468 | $227 | - |
A 5351 Chili Pepper Street Sold | $350,000 | 2 | 3 | 1,431 | $245 | 0.3 mi |
B 5266 Souvenir Lane Sold | $302,000 | 3 | 3 | 1,480 | $204 | 0.4 mi |
C 5266 Souvenir Lane Sold | $302,000 | 3 | 3 | 1,480 | $204 | 0.4 mi |
D 6035 West Dewey Drive Sold | $372,000 | 4 | 3 | 1,608 | $231 | 0.3 mi |
E 5876 Pack Trail Sold | $352,500 | 3 | 3 | 1,389 | $254 | 0.2 mi |
F 5332 Chili Pepper Street Active | $345,000 List Price | 2 | 2 | 1,267 | $272 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this 28-year-old property is largely in original condition. The kitchen features dated oak cabinetry and tile countertops, and the interior shows older decorative elements like wallpaper borders. While functional and move-in ready, it requires cosmetic updates and modernization of systems and surfaces to meet current market standards.
Ideally situated just minutes from the Las Vegas Strip and Allegiant Stadium, providing residents with quick access to world-class entertainment, dining, and shopping.
Located within the secure Spring Valley Ranch gated community, offering added privacy and convenient access to a community pool just steps from the front door.
The floor plan thoughtfully separates living areas from bedrooms for enhanced privacy, complemented by a two-car garage and a private patio yard for outdoor relaxation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With a lot size of approximately 2,178 square feet, the outdoor area is restricted to a small patio, which may not appeal to buyers seeking a traditional backyard.
While the elementary school is well-rated, the assigned middle and high schools currently hold lower ratings, which could be a concern for education-focused families.
Located in the Southwest within the gated community of Spring Valley Ranch, this spacious 3-bedroom, 3-bathroom home is perfect for first-time homebuyers or families seeking comfort and convenience. The thoughtfully designed floor plan separates the living spaces from the bedrooms for added privacy. The first floor features a well-appointed kitchen with all appliances, a spacious living room, dining area, and a convenient half bathroom. Direct access to the two-car garage adds everyday convenience. Upstairs, the private primary suite offers a ¾ bathroom with a dual-sink vanity, while two additional bedrooms are located down the hallway. Additional features include blinds throughout and a private patio yard, perfect for outdoor relaxation or BBQs. On hot summer days, enjoy the community pool just steps from your door. Ideally located just minutes from the Las Vegas Strip, Allegiant Stadium, shopping, dining, and more, this home offers both comfort and an unbeatable location.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,468 | - |
| Lot Size | 2,178 | - |
| Price | $362.0K | $474.8K |
| Price per sq ft | $247 | $257 |
| Built year | 1996 | 0 |
| HOA | $125 | $0 |
| Days on market | 3 | 526 |
Jul 23, 2026
$362,000
Initial Listing
Jun 23, 2000
$117,400
Public Record
Feb 29, 2000
$124,065
Public Record
Mar 11, 1996
$109,500
Public Record