This High-Potential Investment Opportunity is listed at a List Price of $159,000, positioned well above the $131,430 Fair Market Value by 20%. While the property carries a premium, its Condition Rating of 4 suggests a stable, functional asset in a central Las Vegas location. The 649-square-foot layout provides a compact, efficient footprint suitable for low-maintenance living. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or first-time buyers looking for an affordable entry point into the city.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2010 Rancho Lake Drive 206 Subject | $159,000* List Price | 1 | 1 | 649 | $203 | - |
A 2011 Sue Court 203 Active | $164,999 List Price | 1 | 1 | 649 | $254 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old based on the 2026 listing date. As there is no mention of recent renovations to the kitchen, bathroom, or HVAC systems, the property is classified as dated and likely requires minor updates or repairs consistent with its age.
Listed at $159,000, this property offers an exceptionally affordable entry point into the Las Vegas real estate market, making it an attractive option for first-time buyers or investors.
The condominium is ideally situated to provide seamless access to local amenities and the dynamic energy of the city, ensuring convenience for both daily errands and entertainment.
Built in 2004, the unit features a thoughtfully designed single-story floor plan that maximizes its footprint to create an open and inviting living environment.
With approximately 649 square feet, the compact one-bedroom layout may feel restrictive for buyers seeking more storage or room for hosting guests.
The $225 monthly association fee adds a significant recurring expense that must be factored into the overall affordability and monthly budget for the property.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 649 | - |
| Lot Size | - | - |
| Price | $159.0K | $217.2K |
| Price per sq ft | $245 | $219 |
| Built year | 2004 | 0 |
| HOA | $225 | $0 |
| Days on market | 13 | 828 |
Jul 9, 2026
$159,000
Initial Listing