1940 Las Palmas Lane 272, Laughlin, NV 89029, Laughlin, 89029 - 2 bed, 2 bath
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Laughlin, NV 89029
This Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $149,000—positioned well below the $153,770 Fair Market Value by 3%. This valuation gap offers $4,770 in Instant Equity. Featuring a split floor-plan with dual primary suites and pool views, the property maintains a Fair Condition Rating. While the HOA fee is notable, the move-in ready interior provides immediate utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1940 Las Palmas Lane 272 Subject | $149,000* List Price | 2 | 2 | 1,023 | $150 | - |
A 2044 Mesquite Lane 203 Sold | $125,000 List Price | 2 | 2 | 986 | 0.8 mi | |
B 1948 Las Palmas Lane 277 Active | $164,900 List Price | 2 | 2 | 1,023 | $161 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property is dated despite some cosmetic improvements. While the description mentions upgraded kitchen cabinets and laminate flooring, the bathroom images show older tile and 1980s-style brass hardware. The water heater and softener appear functional but are housed in a basic utility closet. It is move-in ready but requires modern updates to the baths and fixtures to move beyond a 'Fair' rating.
The split floor plan features two primary suites, each with its own walk-in closet and full bathroom, offering exceptional privacy and utility for roommates or multi-generational living.
The unit features covered balconies with direct views of the pool area, providing a premium location within the community and a relaxing outdoor atmosphere.
The home is move-in ready with upgraded kitchen cabinets, laminate flooring, and a unique two-sided tile surround fireplace that adds character and modern appeal.
The $345 monthly HOA fee is relatively high compared to the listing price, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Constructed in 1987, the property may soon require capital improvements or maintenance on aging infrastructure and common areas typical of buildings from this era.
POOL VIEWS!!! The home is bright, open and appointed with a split floor-plan, 2 primary suites, each featuring a walk-in closet with laundry hook ups, bathroom with combined garden tub and shower, and a covered patio/balcony with a storage closet. Poll view from balconies. The main living area offers separate living and dining spaces with a two-sided tile surround fireplace & laminate flooring. Kitchen has upgraded cabinets and tile flooring.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,023 | 855 | 67% |
| Lot Size | - | 286 | 50% |
| Price | $149.0K | $84.4K | 83% |
| Price per sq ft | $146 | $100 | 67% |
| Built year | 1987 | 1990 | 33% |
| HOA | $345 | $80 | 83% |
| Days on market | 13 | 1551 | 17% |
Jun 1, 2026
$149,000
Initial Listing