This High-Potential Investment Opportunity is listed at a List Price of $239,000, positioned slightly above the $235,469 Fair Market Value. While the property is in Fair Condition Rating due to its 2003 build and original finishes, it offers a functional layout with a covered balcony and walk-in closet. Located in a gated community near top-rated schools like Eileen Conners Elementary, this unit provides a stable entry point into the Las Vegas market. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10155 Cedar Key Avenue 201 Subject | $239,000* List Price | 2 | 2 | 1,110 | $212 | - |
A 10550 W Alexander Road 1040 Sold | $250,000 | 2 | 2 | 1,184 | $211 | 0.6 mi |
B 10550 W Alexander Road 2133 Sold | $265,000 | 2 | 2 | 1,172 | $226 | 0.7 mi |
C 3855 WIGGINS BAY Street 103 Sold | $275,000 | 2 | 2 | 1,190 | $231 | 0.0 mi |
D 3812 Ormond Beach Street 203 Sold | $276,500 | 3 | 2 | 1,232 | $224 | 0.1 mi |
E 10190 Deerfield Beach Avenue 202 Sold | $278,000 | 3 | 2 | 1,260 | $221 | 0.1 mi |
F 3364 Indian Shadow Street 101 Sold | $240,000 | 2 | 2 | 1,242 | $193 | 0.9 mi |
G 3930 Legend Hills 201 Sold | $205,000 List Price | 2 | 2 | 1,110 | 0.2 mi | |
H 3915 Legend Hills 204 Sold | $247,500 | 2 | 2 | 1,110 | $223 | 0.2 mi |
I 3822 Ormond Beach Street 101 Active | $247,500 List Price | 2 | 2 | 1,024 | $242 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, placing it in the Fair category. The description of a 'functional kitchen with tile countertops' suggests original finishes that are now dated by modern standards. At over 20 years of age, the unit likely requires cosmetic updates and a review of aging mechanical systems.
Situated in a gated community in the desirable Lone Mountain area, the property offers enhanced security and excellent proximity to schools, including an elementary school just 0.27 miles away.
At 1,110 square feet, this unit provides a generous floor plan featuring a primary walk-in closet, a kitchen pantry, and a covered balcony, offering more living space than many standard two-bedroom condos.
Priced at $239,000, this property represents an affordable entry point into the Las Vegas market, making it an attractive option for both first-time homebuyers and investors.
The unit's location on the second floor may be a drawback for buyers with mobility concerns or those who prefer the convenience of ground-level access.
Built in 2003 and featuring original tile countertops, the interior may require cosmetic updates and modernizations to align with current market trends and maximize resale value.
Welcome home to this lovely Las Vegas condo located in a gated community with great amenities! This second-floor unit features 2 bedrooms and 2 bathrooms. Enjoy a functional kitchen with tile countertops, a pantry, and a dining area that opens into the inviting living space—perfect for entertaining. The primary bedroom offers a walk-in closet, and you’ll love relaxing on the covered balcony/patio. Conveniently located near schools, shopping, and dining. Don’t miss out—schedule your showing and make an offer today!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,110 | - |
| Lot Size | - | - |
| Price | $239.0K | $217.2K |
| Price per sq ft | $215 | $219 |
| Built year | 2003 | 0 |
| HOA | $319 | $0 |
| Days on market | 5 | 828 |
Jul 23, 2026
$239,000
Initial Listing