1868 Arbol Verde Way, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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Las Vegas, NV 89119
This Centrally Located Townhouse represents a Strong Value Opportunity, listed at $280,000, which aligns precisely with its $280,000 Fair Market Value. Maintaining a Fair Condition Rating, the interior features functional updates including fresh paint, a large rock fireplace, and new kitchen appliances. The property offers significant utility with an attached 2-car garage and sits just 0.11 miles from a 7/10 rated elementary school. This listing balances an accessible price point with a prime location, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable Las Vegas asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1868 Arbol Verde Way Subject | $280,000* List Price | 2 | 2 | 1,383 | $202 | - |
A 4429 Shortleaf Street Active | $260,000 List Price | 2 | 3 | 1,299 | $200 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1981, making it over 40 years old. While the listing highlights recent cosmetic improvements such as new paint and a new dishwasher and stove, these are minor updates rather than a full renovation. Given the age of the home and the lack of mention regarding updated flooring, bathrooms, or major systems, it falls into the 'fair' category as a functional, maintained home that likely retains many original or dated features.
Priced at $280,000, this townhouse represents an excellent entry-level opportunity in the Las Vegas market, offering significant value for a 2-bedroom home with an attached 2-car garage.
The property features fresh paint and brand-new kitchen appliances, including a stove and dishwasher, providing a refreshed feel and reducing immediate post-purchase expenses.
Situated in the heart of Las Vegas with easy access to major city hubs and located just 0.11 miles from a highly-rated elementary school, making it ideal for commuters and young families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8193, other record lot size in square feet = 6241.
The monthly HOA fee of $379 is relatively high for this price point, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
While the elementary school is well-rated, the assigned middle and high schools have low ratings (3 and 2 respectively), which could be a deterrent for families with older children.
beautiful 2 bedroom 2 bath town home with attached 2 car garage in the heart of Las Vegas with access to everywhere in the city. Large rock fireplace in living room New paint, new dishwasher and stove in kitchen. Entry level price, won't last long!
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.3 mi
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 | 1,383 | 1,405 | 44% |
| Lot Size | 8,193 | 1,742 | 94% |
| Price | $280.0K | $222.5K | 75% |
| Price per sq ft | $202 | $158 | 75% |
| Built year | 1981 | 1980 | 56% |
| HOA | $379 | $210 | 81% |
| Days on market | 118 | 607 | 6% |
Dec 25, 2025
$280,000
Initial Listing