1616 Cardinal Bluff Drive 201, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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Las Vegas, NV 89128
This Summerlin Guard-Gated Condominium represents a High-Potential Investment Opportunity, listed at $299,000—positioned below the $314,240 Fair Market Value by 4%. This valuation gap provides $15,240 in Instant Equity. While maintaining a Fair Condition Rating with its original 1999 aesthetic, the home features Scenic Mountain Views, a Split Floor Plan, and an Attached Garage. Located in the prestigious Red Hills community near elite shopping, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a value-add lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1616 Cardinal Bluff Drive 201 Subject | $299,000* List Price | 2 | 2 | 1,392 | $233 | - |
A 8720 Red Brook Drive 203 Sold | $250,000 List Price | 3 | 2 | 1,412 | 0.0 mi | |
B 8728 Red Rio Drive 201 Sold | $385,000 List Price | 2 | 2 | 1,392 | 0.1 mi | |
C 8737 RED BROOK Drive 203 Sold | $355,000 | 3 | 2 | 1,412 | $251 | 0.1 mi |
D 8737 Red Brook Drive 203 Sold | $355,000 | 3 | 2 | 1,412 | $251 | 0.1 mi |
E 8737 Red Brook Drive 203 Sold | $355,000 | 3 | 2 | 1,412 | $251 | 0.1 mi |
F 8721 Red Brook Drive 203 Sold | $360,000 | 3 | 2 | 1,412 | $255 | 0.1 mi |
G 1708 Sky Of Red Drive 204 Active | $310,000 List Price | 2 | 2 | 1,333 | $233 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is well-maintained but largely retains its original 25-year-old aesthetic. The kitchen features dated oak cabinetry and older tile flooring, while the bedrooms show visible wear and staining on the carpets. Although the unit is functional and includes some updated stainless steel appliances, the overall style of the fixtures, cabinetry, and flooring indicates it has not undergone a comprehensive modern renovation, placing it firmly in the fair category.
Situated in the prestigious guard-gated Red Hills community, this property offers resort-style living with access to a clubhouse, pool, and fitness center, all while being minutes from elite golf courses and upscale shopping.
The property features a private patio that provides beautiful mountain views, offering a serene outdoor space that enhances the overall living experience and property value.
The layout offers excellent privacy with the primary suite separated from the secondary bedrooms, complemented by desirable features like a gas fireplace and an attached oversized one-car garage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6617, other record lot size in square feet = 2788.
Built in 1999, the property may require upcoming capital improvements or modern cosmetic updates to compete with newer luxury condominium developments in the Summerlin area.
The monthly association fee of $365 represents a significant ongoing carrying cost that buyers must factor into their monthly debt-to-income ratio and overall budget.
This is THE one for you! Lock & leave or stay & enjoy resort style living every day. Red Hills in Summerlin is a guard-gated community, minutes from golf courses, upscale shopping & dining. Entertainment galore minutes from your doorstep! Red Hills amenities include a clubhouse, fitness center, pool & spa. enjoy Summerlin events, parades, farmers market etc. Mountain views are yours to enjoy from your private patio. The main bedroom & bath are separated from the other bedroom is by the living area w/gas fireplace. Other home features include spacious kitchen, separate laundry room, appliances, attached oversized one car garage. Just move in start enjoying YOUR new home!
No exterior & parking available.
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 | 1,392 | 1,074 | 92% |
| Lot Size | 6,617 | 415 | 80% |
| Price | $299.0K | $190.0K | 92% |
| Price per sq ft | $215 | $212 | 52% |
| Built year | 1999 | 1992 | 92% |
| HOA | $365 | $186 | 93% |
| Days on market | 70 | 998 | 1% |
Mar 28, 2026
$299,000
Initial Listing