2010 Rancho Lake Drive 206, Las Vegas, NV 89108, Las Vegas, 89108 - 1 bed, 1 bath
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2010 Rancho Lake Drive 206
Las Vegas, NV 89108
ACTIVE
CONDITION: FAIR
1Beds
1Baths
649Sq Ft
0Lot Size
Property Price
LIST PRICE$148,000
EST. MARKET VALUE
$129,146
14% AboveMARKET VALUE
SUMMARY
This condominium represents a High-Potential Investment Opportunity, listed at a List Price of $157,000—positioned above the $127,599 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, the 2004 construction provides a solid foundation for value-add improvements. The efficient 649 sqft layout and low-maintenance lifestyle appeal to those seeking a strategic urban location. This property is an ideal acquisition for Buy-and-Hold Investors looking for rental demand or first-time buyers seeking an affordable entry point into the Las Vegas market.
Estimated Market Value
$129,146
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 |
|---|---|---|---|---|---|---|
★ 2010 Rancho Lake Drive 206 Subject | $148,000* List Price | 1 | 1 | 649 | $199 | - |
A 2101 Hussium Hills Street 207 Sold | $165,000 | 2 | 2 | 888 | $186 | 0.2 mi |
B 2011 Sue Court 203 Active | $159,999 List Price | 1 | 1 | 649 | $247 | 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 2004 (22 years old), the property falls into the >20y category. While it features fresh paint and updated laminate flooring, the kitchen remains dated with original oak cabinetry and older white appliances, indicating a need for minor cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $157,000, this property represents a highly accessible entry point into the Las Vegas market, offering significant value for first-time homeowners or investors.
- Modern Construction Standards
Built in 2004, the unit benefits from more contemporary building codes and infrastructure compared to older inventory, likely resulting in better energy efficiency and lower maintenance.
- Strategic Urban Location
The property is ideally situated to provide seamless access to local amenities and the dynamic energy of Las Vegas, ensuring convenience for daily errands and entertainment.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At approximately 649 square feet, the compact footprint may limit appeal for buyers seeking versatile living spaces or those with significant storage needs.
- Recent Price Volatility
A recent price reduction shortly after listing suggests the property may be facing stiff competition or initial overvaluation in the current market climate.
About 2010 Rancho Lake Drive 206
Discover an exceptional opportunity to embrace a vibrant lifestyle in this charming condominium, ideally situated in the heart of Las Vegas. This delightful residence offers a perfect blend of comfort and convenience, presenting an inviting atmosphere for modern living. The location provides seamless access to local amenities and the dynamic energy of the city, ensuring every necessity and entertainment option is within easy reach. Step inside to find a thoughtfully designed single-story layout, encompassing 707 square feet of refined living space. This condominium features one generously sized bedroom and a full bathroom, crafted to provide a serene retreat. The property's efficient design maximizes space, creating an open and airy feel that is both welcoming and functional. Nestled within a desirable neighborhood, this home offers a prime address at 2010 Rancho Lake Drive. Enjoy the benefits of a well-established community, where daily errands and leisure activities are effortlessly accommodated. This condominium represents an outstanding chance to experience the best of Las Vegas living, combining comfort with unparalleled accessibility.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $225 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 649 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $148.0K | $225.8K |
| Price per sq ft | $228 | $213 |
| Built year | 2004 | 1996 |
| HOA | $225 | $254 |
| Days on market | 62 | 71 |
Pricing History
Listed for Sale
Aug 27, 2026
$148,000
$152,000
-3% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$152,000
$157,000
-3% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$157,000
$159,000
-1% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$159,000
Initial Listing