1400 Santa Margarita Street B, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
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Las Vegas, NV 89146
This Well-Located Ground-Floor Condominium is listed at $225,000, representing a stable residential option near its $196,665 Fair Market Value. Boasting a Condition Rating of 4, the 1,106 sq. ft. layout features durable tile and laminate flooring and two unique enclosed balconies that provide flexible space for a home office or private gym. Situated within the zone for the prestigious 9/10 Judy & John L. Goolsby Elementary School, the property offers exceptional accessibility to Summerlin Parkway and the Strip. It is a perfect fit for first-time buyers or Owner-Occupants seeking a functional, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1400 Santa Margarita Street B Subject | $210,000* List Price | 2 | 2 | 1,106 | $190 | - |
A 1406 Santa Margarita Street G Sold | $199,000 | 2 | 2 | 1,106 | $180 | 0.0 mi |
B 1421 Santa Margarita Street A Sold | $185,000 | 2 | 2 | 1,056 | $175 | 0.1 mi |
C 6721 W Charleston Boulevard 3 Sold | $182,500 | 2 | 2 | 996 | $183 | 0.2 mi |
D 1416 Santa Margarita Street B Sold | $227,500 | 2 | 2 | 1,106 | $206 | 0.1 mi |
E 1404 Santa Margarita Street D Active | $245,000 List Price | 2 | 2 | 1,106 | $222 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property is well-maintained and move-in ready but shows clear signs of its age. While it features practical updates like laminate and tile flooring, the presence of popcorn ceilings, dated vertical blinds, and older-style fixtures suggests it has not undergone a comprehensive modern renovation. It fits the 'fair' criteria as an aged but functional home that would benefit from cosmetic and system updates to meet current market standards.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
Ideally situated near Summerlin Parkway and S Rainbow Blvd, this property offers exceptional convenience with proximity to shopping, dining, and a short 20-minute commute to the Las Vegas Strip.
The unique inclusion of two enclosed balconies provides significant flexibility, allowing the 1,106 sq. ft. layout to accommodate a home office, private gym, or expanded dining area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4582, other record lot size in square feet = 1406.
Built in 1984, the condo may require capital improvements or modernization of major systems and finishes to compete with newer developments in the area.
The immediate public schools, including the high school located just 0.25 miles away, currently hold lower performance ratings, which may be a consideration for family-focused buyers.
Unbeatable convenience in this well-located 1st-floor & 1,106 sq. ft. condo with quick access to Summerlin Parkway, and only 20 minutes to the Strip. Off S Rainbow Blvd - surrounded by shopping, dining, and everyday essentials— one of the most practical locations in area. The unit offers direct, easy access with parking right in front, your own private walkway to front door, and plenty of additional guest parking.Inside, a spacious 2-bedroom 2-bath layout with a large living room, a private balcony, a separate storage room, extended kitchen cabinet for extra space, and nook area for dining. The enclosed balcony in the living room gives flexibility for dining, gym, or creative working space. The primary bedroom includes its own enclosed balcony. Tile and laminate flooring throughout the living and kitchen areas ensure easy maintenance and durability. This is perfect blend of comfort, convenience, and practicality—ideal for homeowner or investor. *Furniture sold separately
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,106 | - |
| Lot Size | 4,582 | - |
| Price | $210.0K | $217.2K |
| Price per sq ft | $190 | $219 |
| Built year | 1984 | 0 |
| HOA | $260 | $0 |
| Days on market | 107 | 828 |
Jul 21, 2026
$210,000
$219,500
-4% Price Drop
Initial Listing
May 30, 2026
$219,500
$220,000
+0% Price Increase
Initial Listing
Apr 18, 2026
$220,000
$225,000
-2% Price Drop
Initial Listing
Apr 6, 2026
$225,000
Initial Listing