1401 North Michael Way 118, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
Loading property details...
Las Vegas, NV 89108
This 2-bedroom condominium presents a Strong Value Opportunity, listed at $214,000—positioned well below the $217,656 Fair Market Value by 1.68%. This valuation gap offers $3,656 in Instant Equity for the buyer. With a Fair Condition Rating, the unit features modern laminate flooring and a functional first-floor layout. While the interior requires minor cosmetic updates, the property provides a stable, low-maintenance asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible, well-located entry point into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 North Michael Way 118 Subject | $214,000* List Price | 2 | 2 | 1,259 | $187 | - |
A 1900 N Torrey Pines Drive 116 Sold | $190,000 List Price | 3 | 2 | 1,227 | 1.0 mi | |
B 1900 N Torrey Pines Drive 116 Sold | $230,000 List Price | 3 | 2 | 1,227 | 1.0 mi | |
C 1900 N Torrey Pines Drive 132 Sold | $260,000 List Price | 3 | 2 | 1,227 | 0.9 mi | |
D 4516 W Lake Mead Boulevard 101 Sold | $170,000 | 2 | 2 | 1,081 | $157 | 1.0 mi |
E 1900 N TORREY PINES Drive 221 Sold | $200,000 | 2 | 2 | 1,022 | $196 | 0.9 mi |
F 1401 N Michael Way 228 Active | $207,000 List Price | 2 | 2 | 1,075 | $193 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (24 years old), the property falls into the Fair category as it exceeds the 20-year mark without a full renovation. While the living area has updated laminate flooring, the kitchen and bathrooms appear to have original builder-grade cabinetry and counters. The bedroom carpet shows visible wear and staining, and the overall interior is dated, requiring minor cosmetic repairs and modernization.
The unit is conveniently located on the first floor, providing easy entry and eliminating the need for stairs, which is a significant advantage for accessibility and moving.
The primary suite is generously sized and includes a large walk-in closet and dual sinks, offering a level of comfort and storage often missing in standard two-bedroom condos.
Featuring modern laminate flooring throughout and including all appliances, this well-maintained home is move-in ready, reducing immediate post-purchase costs for the buyer.
The property is zoned for Western High School, which currently holds a low rating of 2, potentially limiting its appeal to families with school-aged children.
As a condominium, the property lacks a private yard or significant outdoor area, which may be a drawback for buyers with pets or those who enjoy gardening.
Welcome to this beautifully maintained 2-bedroom, 2-bathroom first-floor condo offering comfort, style, and convenience. The spacious open-concept living and dining area creates the perfect setting for both everyday living and entertaining guests. The well-appointed kitchen features a convenient breakfast bar and comes complete with all appliances included. Enjoy beautiful laminate flooring throughout the home, adding warmth and a modern touch. The generously sized primary suite offers a large walk-in closet and a private en-suite bathroom with dual sinks and a walk-in shower. An attached storage closet provides additional space for your belongings. Ideally located on the first floor for easy access, this charming condo is just minutes from major shopping, dining, entertainment, and everyday conveniences. Combining comfort, functionality, and an excellent location, this is a wonderful opportunity you won't want to miss!
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 |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,259 | - |
| Lot Size | 5,911 | - |
| Price | $214.0K | $217.2K |
| Price per sq ft | $170 | $219 |
| Built year | 2002 | 0 |
| HOA | $173 | $0 |
| Days on market | 41 | 828 |
Jun 11, 2026
$214,000
Initial Listing