1401 N Michael Way 220, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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Las Vegas, NV 89108
This Turnkey Condominium represents a Strong Value Opportunity, listed at $199,500—positioned well below the $228,798 Fair Market Value by 12%. This valuation gap offers $29,298 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern upgrades like luxury vinyl plank flooring and new appliances, this home offers a private, split-bedroom layout with stunning mountain views. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, low-maintenance lifestyle near Summerlin.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 N Michael Way 220 Subject | $199,500* List Price | 2 | 2 | 1,075 | $213 | - |
A 1401 N Michael Way 157 Sold | $230,000 | 2 | 2 | 1,230 | $187 | 0.1 mi |
B 1620 N Torrey Pines Drive 203 Sold | $222,500 | 2 | 2 | 976 | $228 | 0.9 mi |
C 1900 N Torrey Pines Drive 221 Sold | $200,000 | 2 | 2 | 1,022 | $196 | 0.9 mi |
D 1401 N Michael Way 123 Active | $199,995 List Price | 2 | 2 | 1,067 | $187 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2001, the property has undergone a recent remodel (<5 years) featuring new luxury vinyl plank flooring, new baseboards, fresh paint, and a full suite of new stainless steel appliances. The interior is in mint condition and move-in ready.
The unit features comprehensive renovations including luxury vinyl plank flooring, new baseboards, and a full suite of brand-new appliances, offering a turnkey experience for the buyer.
The split-bedroom floor plan with vaulted ceilings provides maximum privacy for roommates or guests, complemented by a spacious balcony and mountain views.
Situated in a gated community with easy access to I-95 and proximity to Summerlin, this property combines security with a highly convenient commute.
The assigned high school has a low rating of 2, which may be a concern for families and could potentially impact future resale value.
Constructed in 2001, the complex may soon require more frequent maintenance or capital improvements to common areas compared to newer developments.
Conveniently located near Summerlin, this beautifully remodeled two-bedroom, two-bathroom condominium is centrally situated just off I-95. It offers stunning mountain views within a secluded gated community. The property features an array of modern amenities, including luxurious vinyl plank flooring throughout, new baseboards and paint, updated window coverings, a new refrigerator, kitchen sink, stove, washer, and dryer. The bright and airy condo boasts vaulted ceilings and a spacious outdoor balcony. The primary bedroom includes a walk-in closet and double sinks in the bathroom. The secondary bedroom is situated on the opposite side of the home, providing ample privacy and suitable for roommates or individuals seeking solitude. The condo also offers ample storage space, making it an ideal choice for those seeking a comfortable and convenient living environment.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,075 | 1,074 | 51% |
| Lot Size | 5,911 | - | 84% |
| Price | $199.5K | $180.0K | 65% |
| Price per sq ft | $186 | $168 | 64% |
| Built year | 2001 | 1995 | 81% |
| HOA | $263 | $200 | 88% |
| Days on market | 25 | 1580 | 1% |
May 22, 2026
$199,500
Initial Listing