1017 Falconhead Lane 102, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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Las Vegas, NV 89128
This property presents a High-Potential Investment Opportunity with a List Price of $175,000—positioned well below the $167,759 Fair Market Value by -4%. Featuring a Condition Rating of 5, the unit requires a full interior rehab to address dated finishes and wear. While the first-floor layout and spacious patio offer functional appeal, the property’s extended market time necessitates a strategic renovation plan. This is a value-add acquisition ideal for Buy-and-Hold Investors or Contractors seeking to capture equity through targeted capital improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1017 Falconhead Lane 102 Subject | $175,000* List Price | 2 | 2 | 912 | $184 | - |
A 917 ROCKVIEW Drive 201 Sold | $139,900 List Price | 2 | 2 | 912 | 0.2 mi | |
B 1336 Huntdale Lane 101 Sold | $224,000 | 2 | 2 | 996 | $225 | 0.2 mi |
C 1329 PINTO ROCK Lane 102 Sold | $190,000 | 2 | 2 | 1,136 | $167 | 0.2 mi |
D 1313 Pinto Rock Lane 202 Sold | $217,000 | 2 | 2 | 1,136 | $191 | 0.1 mi |
E 1329 Pinto Rock Lane 102 Sold | $190,000 | 2 | 2 | 1,136 | $167 | 0.2 mi |
F 1150 N Buffalo Drive 2015 Sold | $190,000 | 2 | 2 | 928 | $205 | 0.4 mi |
G 1104 Pinto Rock Lane 101 Pending | $199,990 List Price | 2 | 2 | 1,136 | $176 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988, the property is over 30 years old and features an original, dated kitchen with 1980s oak cabinetry and fluorescent lighting. While the description mentions 2026 updates, the visual evidence shows severely stained and damaged carpeting and significant wear that necessitates a full interior rehab.
The property features recent 2026 updates including brand-new carpet and fresh interior paint, allowing for immediate occupancy without the need for initial renovations.
As a ground-floor unit with a spacious patio, this home offers superior accessibility and enhanced outdoor living space compared to typical upper-level condominiums.
Situated near the popular Summerlin area, the unit provides convenient access to premium shopping, dining, and major freeway interchanges for easy commuting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1740, other record lot size in square feet = 3000.
With 184 days on the market and a history of price reductions, the property may be facing challenges with buyer perception or local market competition.
Many of the closest assigned elementary and middle schools carry low performance ratings (2/10 to 3/10), which may deter families prioritizing educational quality.
GREAT FIRST-FLOOR UNIT IN THE POPULAR ROCK SPRINGS COMMUNITY NEAR SUMMERLIN. FEATURES 2 BEDROOMS & 2 BATHS, COVERED PARKING & ACCESS TO MULTIPLE COMMUNITY POOLS & AMENITIES. RECENT UPDATES INCLUDE NEW CARPET & FRESH INTERIOR PAINT IN 2026. SPACIOUS PATIO/PORCH AREA PROVIDES ADDED OUTDOOR ENJOYMENT.CONVENIENTLY LOCATED NEAR SHOPPING, DINING, ENTERTAINMENT, & FREEWAY ACCESS.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 912 | - |
| Lot Size | 1,740 | - |
| Price | $175.0K | $217.2K |
| Price per sq ft | $192 | $219 |
| Built year | 1988 | 0 |
| HOA | $256 | $0 |
| Days on market | 218 | 828 |
Apr 8, 2026
$175,000
$189,950
-8% Price Drop
Initial Listing
Dec 16, 2025
$189,950
Initial Listing