5240 Monroe Avenue
About this home
Welcome to a one-of-a-kind gated estate offering exceptional versatility and functionality. Situated on a spacious, horse-zoned lot, this private compound is designed to accommodate multi-generational living, recreational enthusiasts, business owners, and anyone seeking space without compromise. The main residence offers 3 spacious bedrooms and 2 beautifully updated bathrooms, featuring an open-concept floor plan, modern finishes, and abundant natural light throughout. The current two-car garage has been converted to additional living space, and the seller is willing to convert it back to a functional two-car garage prior to closing if the buyer prefers. A standout feature of this property is the attached private guest suite, offering 2 bedrooms, 1 bathroom, a full kitchenette, and its own private laundry room. With a separate entrance and excellent privacy, it's ideal for extended family, guests, a home office, or potential rental income while remaining connected to the main residence. The backyard is built for entertaining with a sparkling swimming pool, a dedicated pool bathroom, and a separate storage building for added convenience. One of the property's most impressive features is its functionality. With dual oversized electric RV gates on each side of the property and over $100,000 invested in premium concrete improvements, you'll enjoy expansive driveways, patios, walkways, and parking areas with room for multiple RVs, boats, trailers, work trucks, and recreational vehicles.
▶ Virtual TourOverview
⌄
- Property Type
- Single Family
- Style
- Single Family Residence
- Status
- Active
- Year Built
- 1990
- Living Area
- 3,123 sq ft
- Price / Sq Ft
- $240
- Days on Market
- 9
- Community
- Meikle Manor Tr 2
- MLS #
- 2809273
Interior
⌄
- Bedrooms
- 5
- Bathrooms
- 4
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
Exterior & Lot
⌄
- Garage
- 2 spaces
- Pool
- In Ground, Private, Pool/Spa Combo
HOA & Fees
⌄
- Annual Taxes
- $2,757
Location
⌄
- City
- Las Vegas
- ZIP
- 89110
- Subdivision
- Meikle Manor Tr 2
Property History
Prior MLS records for this address — deemed reliable but not guaranteed.
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Ter | $799,900 |
| 2026-06-10 | Ter | $899,900 |
Room Dimensions
| Room | Dimensions | Level |
|---|---|---|
| PrimaryBedroom | 15 × 18 | — |
| Kitchen | 15 × 20 | — |
| Bedroom 3 | 12 × 12 | — |
| Bedroom 2 | 12 × 12 | — |
| Bedroom 4 | 12 × 12 | — |
| PrimaryBathroom | 10 × 10 | — |
| Living Room | 18 × 20 | — |
| Bedroom 5 | 12 × 12 | — |
Location
- Downtown / Fremont St.4.8 mi
- Las Vegas Strip8.0 mi
- T-Mobile Arena8.8 mi
- Harry Reid Int'l Airport8.8 mi
- Allegiant Stadium9.5 mi
- The District at Green Valley Ranch12.1 mi
Straight-line distances from the property. Drive times vary by route and traffic.
Approximate location shown.
California → Nevada Tax Savings
Nevada has no state income tax. Here's roughly what you'd keep by moving from California.
Estimate only, based on California state income-tax brackets and ~3% annual income growth; excludes deductions, credits, and local taxes. Not tax advice — consult a tax professional. Nevada has no state income tax.
Listing courtesy of South Bay Realty.
Listing data courtesy of Las Vegas REALTORS® (GLVAR). The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Las Vegas REALTORS® MLS. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. The Roland Team, brokered by LPT Realty, is not responsible for any typographical errors, misinformation, or misprints. Data last updated Aug 23, 2026, 9:30 PM UTC.
© 2026 Las Vegas REALTORS®. All rights reserved. Equal Housing Opportunity. The Roland Team — brokered by LPT Realty.