2020 Mesquite Lane 205, Laughlin, NV 89029, Laughlin, 89029 - 3 bed, 2 bath
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Laughlin, NV 89029
This Rare Three-Bedroom Condominium represents a Strategic Residential Acquisition listed at $152,000, aligning with its $151,400 Fair Market Value. Currently holding a Fair Condition Rating, the asset features updated flooring and a modern fireplace, though it requires minor kitchen remediation to maximize its Value-Add potential and long-term ROI. Residents enjoy resort-style pools and spas within a gated community near the Colorado River, ensuring consistent market demand. This property is an optimal entry-level opportunity for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2020 Mesquite Lane 205 Subject | $152,000* List Price | 3 | 2 | 1,194 | $127 | - |
A 2008 Mesquite Lane 304 Sold | $125,000 List Price | 2 | 2 | 986 | 0.0 mi | |
B 2044 Mesquite Lane 203 Sold | $125,000 List Price | 2 | 2 | 986 | 0.1 mi | |
C 2008 Mesquite Lane 105 Active | $150,000 List Price | 3 | 2 | 1,194 | $126 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this property is in fair condition, showing a mix of recent cosmetic updates and dated original components. While the unit features newer vinyl plank flooring, fresh paint, and a modern fireplace surround, the kitchen is incomplete with missing cabinet doors and drawers. The appliances are older white models, and the bathrooms feature basic, dated fiberglass tub inserts. The property is functional but requires minor repairs and further updates to be considered move-in ready by modern standards.
Situated within the gated Portofino community, residents benefit from premium amenities including two community pools, spas, and meticulously maintained grounds.
The property's proximity to the Colorado River, casinos, and local shopping makes it an ideal choice for both a primary residence and a low-maintenance vacation retreat.
Offering a rare three-bedroom configuration at this price point, the unit provides significant flexibility for families, guests, or a dedicated home office space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8267, other record lot size in square feet = 2601.
Built in 1988, the property may soon require capital improvements or updates to major systems and cosmetic finishes to remain competitive with newer developments.
Being a second-floor unit, the lack of ground-level access may limit appeal for buyers with mobility concerns or those preferring easier entry for moving large items.
Welcome to Portofino, one of Laughlin’s most desirable gated Condo communities! This beautiful 3-bedroom, 2-bath second floor unit offers comfortable living with a bright, open floor plan and plenty of natural light. The spacious living room features a beautiful fireplace, perfect for relaxing evenings or entertaining guests. The kitchen offers ample cabinet space and a breakfast bar. The dining area includes a beautiful light fixture and a separate alcove for storage. The primary bedroom includes a private bathroom and generous closet space, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Enjoy resort-style living with two community pools, spas, and well-maintained grounds. Conveniently located near the Colorado River, casinos, restaurants, and shopping. Whether you're looking for a full-time residence or a low-maintenance getaway, this Portofino condo offers comfort, convenience, and the perfect Laughlin lifestyle!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.0 | 92% |
| Baths | 2.0 | 1.0 | 69% |
| Square foot | 1,194 | 716 | 85% |
| Lot Size | 8,267 | 572 | 85% |
| Price | $152.0K | $108.0K | 92% |
| Price per sq ft | $127 | $161 | 46% |
| Built year | 1988 | 1990 | 23% |
| HOA | $290 | $160 | 92% |
| Days on market | 135 | 1806 | 8% |
Dec 8, 2025
$152,000
Initial Listing