81 Alpine Bay Avenue, Las Vegas, NV 89148, Las Vegas, 89148 - 3 bed, 3 bath
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Las Vegas, NV 89148
This Spacious Rhodes Ranch Residence represents a High-Potential Investment Opportunity with a List Price of $560,000—positioned well below the $700,355 Fair Market Value by 20%. This significant valuation gap provides $140,355 in Instant Equity. While the property maintains a Fair Condition Rating with original 2001 cabinetry, it features a Granite Kitchen, Hardwood Flooring, and a Versatile Floor Plan including a den and loft. Located in a Guard-Gated Community near Top-Rated Schools, it offers clear upside through cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 81 Alpine Bay Avenue Subject | $560,000* List Price | 3 | 3 | 2,534 | $276 | - |
A 74 Harbor Coast Street Sold | $605,000 List Price | 4 | 3 | 2,534 | 0.1 mi | |
B 311 Fox Lake Avenue Sold | $600,000 List Price | 4 | 3 | 2,544 | 0.5 mi | |
C 319 FOX LAKE Avenue Sold | $399,900 List Price | 3 | 3 | 2,517 | 0.5 mi | |
D 117 Standing Stone Street Sold | $480,000 | 4 | 3 | 2,125 | $226 | 0.3 mi |
E 189 Paxon Hollow Court Sold | $490,000 | 4 | 3 | 2,125 | $231 | 0.1 mi |
F 175 Fairway Woods Drive Sold | $439,000 List Price | 4 | 3 | 2,251 | 0.5 mi | |
G 319 Fox Lake Avenue Active | $539,000 List Price | 3 | 3 | 2,517 | $214 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 2001, is approximately 25 years old and maintains much of its original builder-grade character. While the kitchen has been partially updated with granite countertops, the cabinetry throughout the home is the original honey-oak style. Bathrooms feature dated integrated sinks and laminate-style counters. The home is clean and move-in ready with durable tile and hardwood flooring, but the lack of a comprehensive modern renovation and the age of the major systems and fixtures align with the 'fair' criteria.
The home features a highly functional layout including a first-floor den with an adjacent 3/4 bath and a spacious upstairs loft, providing excellent flexibility for multi-generational living or a home office.
Situated in the sought-after Rhodes Ranch master-planned community, the property offers a guard-gated environment and access to high-quality neighborhood amenities.
The interior boasts vaulted ceilings, granite countertops, and a combination of tile and hardwood flooring throughout, offering a modern aesthetic while eliminating the need for immediate carpet replacement.
The monthly association fee of $225 is a significant recurring expense that may impact the total monthly carrying cost for some buyers.
Built in 2001, the property is reaching an age where major systems such as the HVAC or roof may require inspection or upcoming capital investment if they have not been recently updated.
Master Community Rhodes Ranch, cozy two story home with vaulted ceiling, open floorplan. Home included sep living and family room, formal dining room. All tiles in the first and hardwood flooring in the stairs and 2nd story. Home also features large den and 3/4 bath on the first floor, fireplace in the family room, adjacent to to the kitchen with granite counter top. In the second story, the property has large loft and 3 good size bedrooms. In addition, home also have spacious backyard and an enclose patio. Must see.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.7 mi
Grades PK-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,534 | 2,071 | 73% |
| Lot Size | 5,227 | 3,920 | 68% |
| Price | $560.0K | $415.0K | 82% |
| Price per sq ft | $221 | $221 | 50% |
| Built year | 2001 | 2006 | 10% |
| HOA | $225 | $58 | 90% |
| Days on market | 30 | 890 | 0% |
Mar 23, 2026
$560,000
Initial Listing