1600 N Torrey Pines Drive 202, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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1600 N Torrey Pines Drive 202
Las Vegas, NV 89108
ACTIVE
CONDITION: FAIR
2Beds
2Baths
976Sq Ft
4,500Lot Size
Property Price
LIST PRICE$202,000
EST. MARKET VALUE
$182,625
10% AboveMARKET VALUE
SUMMARY
This Second-Floor Condominium represents a High-Potential Investment Opportunity with a List Price of $202,000—positioned well below the $254,698 Fair Market Value by 20%. This significant valuation gap offers $52,698 in Instant Equity. While maintaining a Condition Rating of 4, the unit features a rare private one-car garage, vaulted ceilings, and a two-way gas fireplace. With sunset and mountain views and proximity to the US-95 freeway, this asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$182,625
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 |
|---|---|---|---|---|---|---|
★ 1600 N Torrey Pines Drive 202 Subject | $202,000* List Price | 2 | 2 | 976 | $187 | - |
A 1900 N TORREY PINES Drive 221 Sold | $200,000 | 2 | 2 | 1,022 | $196 | 0.4 mi |
B 1900 N Torrey Pines Drive 221 Sold | $200,000 | 2 | 2 | 1,022 | $196 | 0.4 mi |
C 1900 N Torrey Pines Drive 116 Sold | $190,000 List Price | 3 | 2 | 1,227 | 0.4 mi | |
D 1624 N Torrey Pines Drive 104 Sold | $208,000 | 2 | 2 | 1,216 | $171 | 0.1 mi |
E 1900 N Torrey Pines Drive 116 Sold | $230,000 List Price | 3 | 2 | 1,227 | 0.4 mi | |
F 1600 N Torrey Pines Drive 101 Active | $260,000 List Price | 2 | 2 | 1,030 | $252 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1992, the property appears to be in mostly original condition. The kitchen features dated white cabinetry with wood trim, white tile countertops, and older white appliances. The bathroom similarly shows original tile work and older fixtures. While the home is well-maintained and move-in ready, it lacks modern renovations and shows signs of its 30-plus year age, fitting the criteria for fair condition.
PROSSTRENGTHS & OPPORTUNITIES
- Private Garage
The inclusion of a private one-car garage is a significant value-add for a condo at this price point, offering enhanced security and additional storage space.
- Unique Architectural Character
Vaulted ceilings and a rare two-way gas fireplace between the living room and primary bedroom provide a sense of volume and charm not typically found in standard units.
- Strategic Location
Positioned less than a mile from US-95 and within walking distance to major retail and dining, the property offers exceptional convenience for commuters and residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4500, other record lot size in square feet = 4029.
- Property Age
Built in 1992, the property may soon require capital improvements or updates to major mechanical systems and interior finishes to remain competitive.
- Monthly Carrying Costs
The $285 monthly association fee represents a notable recurring expense that buyers must factor into their debt-to-income ratio and overall monthly budget.
About 1600 N Torrey Pines Drive 202
Unlock a prime investment opportunity with this turnkey 2-bedroom, 2-bathroom condo, perfectly positioned for high rental demand. Located just 0.8 miles from US-95 and minutes from Downtown Las Vegas, this property is a standout "rent-alternative" with significant long-term value. The interior features rare architectural character, including vaulted ceilings and a unique two-way gas fireplace connecting the living room and primary suite. The functional layout includes a breakfast bar and a private balcony—features that consistently attract quality tenants. A rare private one-car detached garage adds a premium competitive edge in the local rental market. Residents enjoy community amenities including a pool and spa, all while being within walking distance to Starbucks and Albertsons. Whether adding to your portfolio or seeking a high-value primary residence, this move-in-ready home is situated in a high-growth corridor. Schedule your private tour today.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- 4,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $285 / Month
Neighborhood Insights
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 | 976 | 1,059.468 |
| Lot Size | 4,500 | 6,055.359 |
| Price | $202.0K | $225.8K |
| Price per sq ft | $207 | $213 |
| Built year | 1992 | 1996 |
| HOA | $285 | $254 |
| Days on market | 205 | 71 |
Pricing History
Listed for Sale
Feb 16, 2026
$202,000
Initial Listing