10245 South Maryland Parkway 2197, Las Vegas, NV 89183, Las Vegas, 89183 - 3 bed, 2 bath
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10245 South Maryland Parkway 2197
Las Vegas, NV 89183
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,188Sq Ft
5,193Lot Size
Property Price
LIST PRICE$239,900
EST. MARKET VALUE
$264,427
9% BelowMARKET VALUE
SUMMARY
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $239,900—positioned well below the $264,427 Fair Market Value by 9%. This valuation gap provides $24,527 in Instant Equity for the buyer. With a Good Condition Rating, the unit features a functional layout, community pools, and access to top-tier schools like Roger D. Gehring Elementary and Coronado High. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-located asset with immediate upside potential.
Estimated Market Value
$264,427+$24,527 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 10245 South Maryland Parkway 2197 Subject | $239,900* List Price | 3 | 2 | 1,188 | $223 | - |
A 10245 S Maryland Parkway 2216 Sold | $271,000 List Price | 2 | 2 | 1,188 | 0.0 mi | |
B 1050 E Cactus Avenue 1021 Sold | $258,000 | 3 | 2 | 1,145 | $225 | 0.1 mi |
C 1050 E Cactus Avenue 2088 Sold | $265,000 | 3 | 2 | 1,145 | $231 | 0.3 mi |
D 10245 MARYLAND 246 Sold | $179,000 List Price | 2 | 2 | 1,053 | 0.1 mi | |
E 1050 E Cactus Avenue 2017 Sold | $235,500 | 2 | 2 | 1,048 | $225 | 0.1 mi |
F 1050 E CACTUS Avenue 1024 Sold | $250,000 | 3 | 2 | 1,145 | $218 | 0.1 mi |
G 1050 E Cactus Avenue 1024 Sold | $250,000 | 2 | 2 | 1,145 | $218 | 0.1 mi |
H 10245 South Maryland Parkway 1222 Active | $260,000 List Price | 3 | 2 | 1,188 | $219 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, this 20-year-old property falls within the 'Good' range. It is well-maintained and move-in ready with functional HVAC, gas heating, and appliances. While the kitchen and bathrooms are dated with original laminate countertops and builder-grade finishes, the home is functional and requires only minor cosmetic updates rather than major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roger D Gehring Elementary School (9/10). High School: Coronado High School (9/10).
- Excellent School Zoning
The property is zoned for highly-rated schools, including Coronado High School (9/10) and Roger D. Gehring Elementary (9/10), providing significant long-term value and appeal for families.
- Community Amenities
Residents enjoy access to two pools and spas, with one conveniently located near the unit, along with dedicated covered parking and ample guest spaces for visitors.
CONSRISKS & DEFICIENCIES
- Cosmetic Refresh Required
The second bathroom is explicitly noted as needing cosmetic updates, and the use of laminated countertops suggests the interior may require additional investment to meet modern aesthetic standards.
- Dated Appliance Package
The kitchen features a standard suite of black appliances rather than modern stainless steel, which may be a drawback for buyers seeking a fully modernized, move-in-ready home.
About 10245 South Maryland Parkway 2197
Welcome to this spacious 3-bedroom, 2-bathroom condo in a convenient Las Vegas location! This home offers a functional layout with comfortable living spaces, laminate wood flooring, and a well-appointed kitchen featuring white wood cabinetry, laminated countertops, and a full suite of black appliances including refrigerator, oven, dishwasher, and microwave. The primary bathroom features a double-sink vanity and tub/shower combination, while the second bathroom offers a single vanity and stand-up shower. Both bathrooms have functional toilets, with the second bathroom offering an opportunity for cosmetic updates. The home is equipped with a functional gas heater, central A/C, and gas water heater. One covered parking space is included. Enjoy community amenities including 2 pools and spas, with one conveniently located located near the unit, plus plenty of guest parking for visitors. Come see the possibilities!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 5,193 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220 / Month
Neighborhood Insights
Las Vegas Unified Schools
Roger D Gehring Elementary School
Grades PK-5 • 1.0 mi
9/10
Roberta C Cartwright Elementary School
Grades PK-5 • 1.0 mi
6/10
John R Hummel Elementary School
Grades PK-5 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,188 | 1,059.468 |
| Lot Size | 5,193 | 6,055.359 |
| Price | $239.9K | $225.8K |
| Price per sq ft | $202 | $213 |
| Built year | 2004 | 1996 |
| HOA | $220 | $254 |
| Days on market | 28 | 71 |
Pricing History
Listed for Sale
Aug 12, 2026
$239,900
Initial Listing