6883 May Basket Avenue, Las Vegas, NV 89131, Las Vegas, 89131 - 5 bed, 5 bath
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6883 May Basket Avenue
Las Vegas, NV 89131
ACTIVE
CONDITION: FAIR
5Beds
5Baths
3,630Sq Ft
23,087Lot Size
Property Price
LIST PRICE$962,500
EST. MARKET VALUE
$861,566
11% AboveMARKET VALUE
SUMMARY
This Spacious Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $962,500—positioned above the $861,567 Fair Market Value. While priced above market, the property offers a rare 2.25% Assumable VA Loan, providing significant long-term interest savings. Featuring a 4-Car Garage, Secured RV Parking, and an Oversized Half-Acre Lot, the home maintains a Good Condition Rating. Located near Top-Rated Schools like Betsey A Rhodes Elementary, this property is an ideal acquisition for Savvy Homeowners or Multi-Generational Families seeking long-term financial stability and expansive living space.
Estimated Market Value
$861,566
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 |
|---|---|---|---|---|---|---|
★ 6883 May Basket Avenue Subject | $962,500* List Price | 5 | 5 | 3,630 | $237 | - |
A 7100 Via Campanile Avenue Sold | $850,000 | 4 | 4 | 3,441 | $247 | 0.6 mi |
B 6259 Thunder Blitz Avenue Sold | $865,000 | 4 | 4 | 3,040 | $285 | 0.8 mi |
C 7888 Garden Stream Court Sold | $855,000 | 4 | 5 | 3,156 | $271 | 0.9 mi |
D 7221 Sandy Plains Avenue Sold | $749,750 List Price | 5 | 4 | 4,037 | 0.6 mi | |
E 7220 Lake Farm Avenue Active | $1,115,000 List Price | 4 | 3 | 3,596 | $310 | 0.6 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 2004 (22 years old), the property exceeds the 20-year threshold for 'Good' condition. While the home is well-maintained, clean, and move-in ready with recent paint, the kitchen cabinetry, granite, and bathroom fixtures are original to the build and appear dated by modern standards.
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 = 23087, living area = 3630.
- Exceptional Financing Opportunity
The rare 2.25% assumable VA loan offers a massive financial advantage, providing significant monthly savings compared to current market interest rates.
- Expansive Lot and Storage
The oversized half-acre corner lot features a 4-car garage and secured RV parking with a 12-foot gate, offering rare space and privacy for the Las Vegas area.
CONSRISKS & DEFICIENCIES
- High Association Fees
The $585 association fee represents a significant recurring carrying cost that may impact the overall monthly affordability for some buyers.
- Aging Major Systems
Built in 2004, the property is reaching an age where original major systems like HVAC units or roofing may soon require capital investment for updates or replacement.
About 6883 May Basket Avenue
2.25% ASSUMABLE LOAN. ** HALF ACRE LOT. ** SECURE RV PARKING. ** 4 CAR GARAGE. ** EN-SUITE BATHROOMS. ** 6883 May Basket is a rare Las Vegas property offering the space, privacy, and flexibility that are almost impossible to find together. Situated on an oversized half-acre corner lot, this home features a massive RV driveway with a 12' gate and secured RV parking, plus an expansive backyard with plenty of room to add a pool, outdoor kitchen, sport court, or additional entertaining space. The incredibly functional floor plan includes private en-suite bathrooms for the bedrooms, including one ADA-ready suite, plus additional bedrooms connected by a Jack-and-Jill bath and a dedicated built-in office. Enjoy your expansive kitchen with granite counters, oversize island with breakfast bar, and upgraded cabinetry. Recently painted, clean, and move-in-ready. 4 car garage perfect for a workshop or toys. The seller currently has a ** 2.25% interest rate! ** The servicer has confirmed the owners loan is eligible for a VA Assumption (pending buyers ability to qualify), creating a potentially incredible opportunity. We look forward to meeting you.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 23,087 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $585 / Month
Neighborhood Insights
Las Vegas Unified Schools
Betsey A Rhodes Elementary School
Grades PK-5 • 1.1 mi
7/10
Ralph Cadwallader Middle School
Grades 6-8 • 1.1 mi
7/10
Arbor View High School
Grades 9-12 • 1.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,630 | 1,961.945 |
| Lot Size | 23,087 | 6,098 |
| Price | $962.5K | $486.0K |
| Price per sq ft | $265 | $259 |
| Built year | 2004 | 2002 |
| HOA | $585 | $83 |
| Days on market | 20 | 62 |
Pricing History
Listed for Sale
Aug 20, 2026
$962,500
Initial Listing