1419 Santa Margarita Street D, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
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1419 Santa Margarita Street D
Las Vegas, NV 89146
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,056Sq Ft
5,915Lot Size
Property Price
LIST PRICE$200,000
EST. MARKET VALUE
$181,980
9% AboveMARKET VALUE
SUMMARY
This Strong Value Opportunity is listed at $204,000, positioned slightly above the $191,094 Fair Market Value. While the property requires cosmetic updates to address its Condition Rating of 5, the split 2-bedroom, 2-bathroom layout and first-floor access provide a functional foundation. Residents benefit from resort-style amenities including a pool and spa. Located near Bonanza High School, this unit offers a central, accessible lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Las Vegas location.
Estimated Market Value
$181,980
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 |
|---|---|---|---|---|---|---|
★ 1419 Santa Margarita Street D Subject | $200,000* List Price | 2 | 2 | 1,056 | $172 | - |
A 1421 Santa Margarita Street A Sold | $185,000 | 2 | 2 | 1,056 | $175 | 0.0 mi |
B 1406 Santa Margarita Street G Sold | $199,000 | 2 | 2 | 1,106 | $180 | 0.1 mi |
C 1620 Sandecker Court 101 Sold | $218,000 | 2 | 2 | 1,085 | $201 | 0.1 mi |
D 1407 Santa Margarita Street A Active | $244,900 List Price | 2 | 2 | 1,056 | $232 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1988, making it over 30 years old. While the description notes it is well-kept with laminate flooring, the images reveal original, old-fashioned kitchen and bathroom finishes (tile countertops and dated cabinetry) that require major updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Desirable First-Floor Layout
The unit features a highly accessible first-floor location with a split 2-bedroom, 2-bathroom floor plan, providing optimal privacy and an open-concept living space.
- Exceptional Market Value
Priced competitively at $204,000, this property offers a low-entry price point for the Las Vegas market, making it an attractive option for first-time buyers and savvy investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5915, other record lot size in square feet = 2080.
- Underperforming School District
The immediate assigned schools, such as Bonanza High and Garside Junior High, have lower performance ratings, which may be a drawback for education-focused families.
- Aging Infrastructure
Built in 1988, the property and community amenities are nearly 40 years old, which may necessitate higher long-term maintenance costs or future capital improvements.
About 1419 Santa Margarita Street D
PRICED TO SELL QUICKLY! Exceptional Value First-Floor Las Vegas Condo! Don't miss this incredible opportunity perfect for first-time homebuyers, savvy investors, or anyone seeking affordable homeownership in a prime, central location. This beautifully well-kept, first-floor condominium features a highly desirable 2-bedroom, 2-bathroom split layout designed for modern, open-concept living. The bright and inviting interior boasts a spacious kitchen with ample cabinetry, durable laminate flooring, and a cozy gas fireplace—the perfect centerpiece for relaxation. Both oversized bedrooms feature generous walk-in closets providing exceptional storage space, while custom blackout window treatments throughout ensure ultimate peace and privacy. Step outside to your private patio, nestled in a quiet, serene area of the community surrounded by lush, mature landscaping. Residents enjoy exclusive resort-style amenities, including a sparkling community pool and spa, all within a welcoming, pet-friendly environment. Location & Lifestyle Highlights: Unbeatable Central Location: Enjoy incredible convenience with easy access to both the world-famous Las Vegas Strip and the scenic trails of Red Rock Canyon. You are perfectly positioned for both work and play! Steps to Schools & Parks: Located just steps away from Bonanza High School and minutes from local parks. Shopping & Dining: Drive just minutes to premier shopping centers, diverse dining options, and everyday conveniences. Move-in ready, priced to move, and packed with value—this central Las Vegas gem will not last long. Schedule your private tour today before it's gone!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 5,915 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $304 / Month
Neighborhood Insights
Las Vegas Unified Schools
Rose Warren Elementary School
Grades PK-5 • 0.8 mi
5/10
R Guild Gray Elementary School
Grades PK-5 • 1.1 mi
4/10
O K Adcock Elementary School
Grades PK-5 • 1.3 mi
4/10
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 | 1,056 | 1,059.468 |
| Lot Size | 5,915 | 6,055.359 |
| Price | $200.0K | $225.8K |
| Price per sq ft | $189 | $213 |
| Built year | 1988 | 1996 |
| HOA | $304 | $254 |
| Days on market | 46 | 71 |
Pricing History
Listed for Sale
Aug 23, 2026
$200,000
$204,000
-2% Price Drop
Initial Listing
Price Change
Jul 25, 2026
$204,000
Initial Listing