1101 Falconhead Lane 101, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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1101 Falconhead Lane 101
Las Vegas, NV 89128
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,136Sq Ft
2,117Lot Size
Property Price
LIST PRICE$210,000
EST. MARKET VALUE
$209,133
SUMMARY
This Condominium is a Strong Value Opportunity, listed at $210,000—positioned well below the $212,309 Fair Market Value by 1%. This valuation gap offers $2,309 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit includes newer stainless steel appliances and a private attached storage space. While the interior reflects its 1988 build, the functional layout and community pool access provide immediate utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible, well-located residence.
Estimated Market Value
$209,133
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 |
|---|---|---|---|---|---|---|
★ 1101 Falconhead Lane 101 Subject 2 bd · 2 ba · 1,136 sqft · $184 | $210,000* List Price | 2 | 2 | 1,136 | $184 | - |
A 1340 Pinto Rock Lane 201 Sold 2 bd · 2 ba · 1,136 sqft · $176 · 0.2 mi | $199,950 | 2 | 2 | 1,136 | $176 | 0.2 mi |
B 1017 Falconhead Lane 102 Sold 2 bd · 2 ba · 912 sqft · $181 · 0.0 mi | $165,000 | 2 | 2 | 912 | $181 | 0.0 mi |
C 7940 Decker Canyon Drive 201 Sold 2 bd · 2 ba · 1,136 sqft · $195 · 0.2 mi | $222,000 | 2 | 2 | 1,136 | $195 | 0.2 mi |
D 1325 Keifer Lane 201 Sold 2 bd · 2 ba · 1,192 sqft · $173 · 0.2 mi | $206,000 | 2 | 2 | 1,192 | $173 | 0.2 mi |
E 1505 Cedar Rock Lane 201 Sold 2 bd · 2 ba · 912 sqft · $203 · 0.3 mi | $185,000 | 2 | 2 | 912 | $203 | 0.3 mi |
F 929 Sulphur Springs Lane 202 Sold 2 bd · 2 ba · 1,136 sqft · $220 · 0.1 mi | $250,000 | 2 | 2 | 1,136 | $220 | 0.1 mi |
G 912 Falconhead Lane 201 Sold 2 bd · 2 ba · 912 sqft · $192 · 0.2 mi | $175,000 | 2 | 2 | 912 | $192 | 0.2 mi |
H 937 Boulder Mesa Drive 201 Sold 2 bd · 2 ba · 912 sqft · $207 · 0.1 mi | $188,500 | 2 | 2 | 912 | $207 | 0.1 mi |
I 7928 Diamond Rock Way 201 Active 2 bd · 2 ba · 912 sqft · $219 · 0.0 mi | $200,000 List Price | 2 | 2 | 912 | $219 | 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 1988 (36 years old), the property is dated but functional. While it features newer laminate flooring and stainless steel appliances, the presence of popcorn ceilings, original painted cabinets with laminate countertops, and older carpeting in the bedrooms indicates a need for cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Updated Kitchen Appliances
The inclusion of newer stainless steel appliances provides immediate value and a modern aesthetic for the next homeowner.
- Enhanced Storage & Accessibility
This single-story unit features a rare private attached storage space, offering a level of convenience and functionality often missing in standard condominium living.
- Prime Community Location
Ideally situated near community pools and major freeways, the property offers excellent accessibility to local shopping, dining, and outdoor recreation.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1988, the property may soon require capital expenditures for aging mechanical systems or interior updates to remain competitive with newer builds.
- Potential Noise Exposure
As a ground-floor unit located in close proximity to community pools, residents may experience increased foot traffic and higher ambient noise levels.
About 1101 Falconhead Lane 101
*ASSUMABLE LOAN 3.25%* Discover an exceptional living experience where convenience meets comfort in this inviting condominium. This single-story residence offers a seamless blend of practical amenities and a vibrant community atmosphere, perfect for those seeking an effortless lifestyle. Step inside to find a thoughtfully designed layout encompassing 1136 square feet of living space, featuring two spacious bedrooms and two full bathrooms. The kitchen is equipped with newer stainless steel appliances all included, ready for your culinary endeavors. Beyond the interiors, a private patio offers an ideal setting for relaxation or entertaining guests outdoors. Situated near the community pools, the property provides ample space that also includes a private extra storage space attached to the building for your convenience. This home offers a unique opportunity to embrace a lifestyle of ease and accessibility in a desirable location. Close to freeways, shopping, restaurants and parks!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 2,117 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $255 / Month
Neighborhood Insights
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 | 1,136 | 1,048.989 |
| Lot Size | 2,117 | 5,669.706 |
| Price | $210.0K | $221.6K |
| Price per sq ft | $185 | $210 |
| Built year | 1988 | 1996 |
| HOA | $255 | $254 |
| Days on market | 68 | 70 |
Pricing History
Listed for Sale
Aug 17, 2026
$210,000
Initial Listing