
Las Vegas, NV 89146
This 2-bedroom, 2-bathroom condominium represents a Strong Value Opportunity, listed at $230,000—positioned slightly above the $216,646 Fair Market Value. While the property reflects a Fair Condition Rating due to its 1986 vintage, it offers a turnkey, move-in ready experience with recent kitchen appliance upgrades and a functional, flexible floor plan featuring a sunroom and wet bar. Located near the College of Southern Nevada and major transit routes, this home is an ideal choice for first-time buyers or recent downsizers seeking a well-maintained, centrally located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1412 Santa Margarita Street A Subject | $230,000* List Price | 2 | 2 | 1,106 | $194 | - |
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 1620 Sandecker Court 101 Sold | $218,000 | 2 | 2 | 1,085 | $201 | 0.1 mi |
D 1416 Santa Margarita Street G Pending | $189,000 List Price | 2 | 2 | 1,106 | $171 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1986 (38 years old), placing it in the 'Fair' to 'Poor' age bracket. While the listing describes it as move-in ready with some recent updates—including a newer hall bath vanity, walk-in shower, and kitchen appliances—the overall aesthetic remains dated. Specifically, the wet bar features original-style dark wood cabinetry and laminate counters, and the architecture reflects its 1980s origin, fitting the criteria for a property over 20 years old that is functional but dated.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
The floor plan features unique bonus areas, including a sunroom with a wet bar and an additional sunroom off the primary suite, offering rare flexibility for a home office, gym, or hobby room.
This move-in ready home has been thoughtfully updated with new kitchen appliances, a newer bathroom vanity, and custom shelving, with all appliances and window coverings included.
The designated middle and high schools currently hold lower performance ratings, which may be a consideration for families or impact future resale appeal to that demographic.
Built in 1986, the property and community may require more frequent maintenance or face future capital improvement needs typical of developments over 35 years old.
This superbly located and lovingly cared for 2 bed, 2 bath condo is perfect for a first time buyer, recent downsizer, or anyone in between! Your private front patio leads into a large living room with gas fireplace. The sunroom/den with wet bar and storage closet is perfect for a home gym or game room. The kitchen has been thoughtfully done with new refrigerator and dishwasher, and a pantry cabinet which is not standard in other units. Plenty of dining space for a full sized table - great for entertaining! The primary bedroom is private and quiet, and features a walk-in closet with custom shelving and an attached sun room that would be great for a home office. The second bedroom has its own entrance to the hall bath with a newer vanity and large walk in shower. A separate laundry room with storage ensures plenty of room for your supplies, and has a pocket door. The community is close to the freeway, shopping, College of Southern Nevada, and Bonanza High School. It is a short drive from Downtown Summerlin, The Strip, or Fremont Street. It features established landscaping, pool, spa, and includes water and trash utilities. With all appliances, window coverings, and a Ring doorbell and camera for security, this clean home is move in ready.
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 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,106 | 1,059.468 |
| Lot Size | 1,406 | 6,055.359 |
| Price | $230.0K | $225.8K |
| Price per sq ft | $208 | $213 |
| Built year | 1986 | 1996 |
| HOA | $260 | $254 |
| Days on market | 43 | 71 |
Jul 28, 2026
$230,000
Initial Listing
Aug 5, 1994
$14,000
Public Record
Feb 28, 1994
$10,500
Public Record