10124 Jacob Place Unit 202, Las Vegas, NV 89144, Las Vegas, 89144 - 2 bed, 2 bath
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10124 Jacob Place Unit 202
Las Vegas, NV 89144
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,100Sq Ft
1,100Lot Size
Property Price
LIST PRICE$259,999
EST. MARKET VALUE
$263,745
SUMMARY
This Move-In Ready Condo is a Strong Value Opportunity, listed at $259,999—positioned well below the $263,746 Fair Market Value by 1.4%. This valuation gap offers $3,747 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home is freshly painted and located in the prestigious Summerlin community, zoned for top-tier schools like John W. Bonner Elementary (9/10). This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey lifestyle in a prime location.
Estimated Market Value
$263,745
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 |
|---|---|---|---|---|---|---|
★ 10124 Jacob Place Unit 202 Subject 2 bd · 2 ba · 1,100 sqft · $240 | $259,999* List Price | 2 | 2 | 1,100 | $240 | - |
A 10221 Penrith Ave. Avenue 202 Sold 2 bd · 2 ba · 1,046 sqft · $283 · 0.2 mi | $296,000 | 2 | 2 | 1,046 | $283 | 0.2 mi |
B 1704 Queen Victoria Street 102 Sold 2 bd · 2 ba · 1,119 sqft · $224 · 0.3 mi | $250,368 | 2 | 2 | 1,119 | $224 | 0.3 mi |
C 1004 DUCKHORN Court 201 Sold 2 bd · 2 ba · 1,269 sqft · $243 · 0.6 mi | $309,000 | 2 | 2 | 1,269 | $243 | 0.6 mi |
D 1000 Duckhorn Court 102 Sold 3 bd · 2 ba · 1,338 sqft · $223 · 0.7 mi | $299,000 | 3 | 2 | 1,338 | $223 | 0.7 mi |
E 10116 Jacob Place Unit 104 Active Under Contract 2 bd · 2 ba · 1,100 sqft · $226 · 0.0 mi | $249,000 List Price | 2 | 2 | 1,100 | $226 | 0.0 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 1998 (28 years old), the property falls into the >20y category. While the description notes it is freshly painted and move-in ready, the visible elements like the fireplace tile and older laundry appliances indicate the unit is dated and likely retains original kitchen/bath finishes that will require updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: John W Bonner Elementary School (9/10).
- Prime Summerlin Location
Situated in the highly sought-after Summerlin master-planned community, this gated property offers immediate access to premium shopping, dining, parks, and extensive walking trails.
- Top-Rated School District
The property is zoned for exceptional public schools, including John W. Bonner Elementary (Rating: 9) and Sig Rogich Middle School (Rating: 8), which supports strong long-term property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1100, other record lot size in square feet = 2000.
- Aging Infrastructure
Built in 1998, the property may soon require capital expenditures for major systems or appliances that are approaching the end of their typical 25-30 year life cycles.
- Second-Floor Accessibility
As a unit located on the second floor (Unit 202), it may be less appealing to buyers with mobility concerns or those specifically seeking ground-level convenience.
About 10124 Jacob Place Unit 202
Beautiful 2-Bedroom Condo in Gated Red Bluffs at Summerlin! Welcome to this wonderful 2-bedroom, 2-bathroom condo located in the desirable gated community of Red Bluffs in Summerlin! Freshly painted and ready for you, this inviting home offers comfortable living in a fantastic location. The thoughtfully designed floor plan provides a welcoming atmosphere, with spacious bedrooms, two full bathrooms, and plenty of room to relax and unwind. Enjoy the convenience of low-maintenance condo living in a gated neighborhood, offering added privacy and peace of mind. Located in the heart of Summerlin, you’ll be close to shopping, dining, parks, golf courses, walking trails, and a variety of recreational amenities. Enjoy easy access to major roadways, making commuting and exploring all that Las Vegas has to offer a breeze. Whether you're looking for a comfortable place to call home or a convenient lifestyle in one of Las Vegas's most desirable areas, this condo is a fantastic opportunity. Freshly painted and move-in ready, this home is waiting for you! Don't miss your chance to enjoy comfortable living in the beautiful Red Bluffs
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1998
- Lot Size
- 1,100 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $74 / Month
Neighborhood Insights
Las Vegas Unified Schools
John W Bonner Elementary School
Grades PK-5 • 0.7 mi
9/10
Ethel W. Staton Elementary School
Grades PK-5 • 1.1 mi
8/10
Sig Rogich Middle School
Grades 6-8 • 1.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,100 | 1,048.989 |
| Lot Size | 1,100 | 5,669.706 |
| Price | $260.0K | $221.6K |
| Price per sq ft | $236 | $210 |
| Built year | 1998 | 1996 |
| HOA | $74 | $254 |
| Days on market | 9 | 70 |
Pricing History
Listed for Sale
Oct 15, 2026
$259,999
Initial Listing