$985,000104 days on market
bedrooms bathrooms4,513 square feet
5145 Kell Lane, Las Vegas 89156
Keller Williams VIP
IDX MLS 2795999
$985,000New this week
227 W Saint Louis AvenueLas Vegas, NV 89102
- $4,104,324 per acre
- Land
- 10,454 sq ft lot
Listed by Brian Krueger, Coldwell Banker Premier, 702-871-9500
About this home
Rare opportunity to acquire 0.47 acres of vacant multifamily land in the heart of the redeveloping Gateway District, just steps from The Strat, Sahara Las Vegas, Atomic Golf, & Las Vegas Boulevard. Zoned R-4 High Density Residential by the City of Las Vegas, this site is positioned for a multifamily development capitalizing on one of the most dynamic urban infill corridors in the valley. Located within a designated Opportunity Zone, the property offers significant long-term tax advantages for qualified investors.
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Surrounded by active renovation and new construction — including The Myles & Gemma — the Gateway District is following the trajectory of the adjacent Arts District, with development momentum moving south. With strong rent growth, superior occupancy fundamentals, & proximity to roughly one-third of the city's employment base, this is a compelling entry point for builders, developers, & long-term capital. Two parcels offered together (APNs 162-04-710-094 & 095). Owner/Licensee.
How does this home compare?
It is larger than 0% of the 134 homes for sale there.
- Priced higher than93%
- Larger than0%
- Listed longer than0%
Compared with the 134 homes for sale in ZIP 89102 today, from the MLS listings on this site.
Facts and features
The home
- Type
- Land
The lot and outside
- Lot
- 10,454 sq ft
Costs
- Property tax
- $1,679 a year
The community
- Neighborhood
- Meadows Add
Schools
- Elementary
- ,
As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD
Where it is
Where is 227 W Saint Louis Avenue?
In Meadows Add, Las Vegas. The prices on the map are 6 similar homes for sale nearby.
Cost of ownership
What would this home cost each month?
At the list price of $985,000 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.
Estimated monthly payment $5,640
- Principal and interest$4,981
- Property tax$493
- Home insurance$167
- HOA dues$0
Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from Dunlap Real Estate Team.
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Lifestyles
What other kinds of homes are for sale in Las Vegas?
Las Vegas has 443 henderson luxury homes, 602 henderson pool homes, and 120 henderson golf homes for sale today.
Fine print
- Listing information from GLVAR IDX, refreshed November 2, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
- The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.