2036 Mesquite Lane 103, Laughlin, NV 89029, Laughlin, 89029 - 2 bed, 2 bath
Loading property details...
Laughlin, NV 89029
This Ground-Floor Resort Condominium represents a High-Potential Investment Opportunity with a List Price of $125,000—positioned well below the $141,865 Fair Market Value by 11%. This valuation gap secures $16,865 in Instant Equity for the incoming buyer. While maintaining a Condition Rating of 4, the unit offers significant value-add potential through cosmetic modernization. Featuring Mountain Views and immediate proximity to community pools and spas, the property balances lifestyle amenities with strong financial fundamentals. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking an accessible, low-maintenance retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2036 Mesquite Lane 103 Subject | $125,000* List Price | 2 | 2 | 986 | $144 | - |
A 2044 Mesquite Lane 203 Sold | $125,000 List Price | 2 | 2 | 986 | 0.0 mi | |
B 3550 Bay Sands Drive 3020 Sold | $115,000 | 1 | 1 | 716 | $161 | 0.4 mi |
C 2044 Mesquite Lane 202 Active | $110,000 List Price | 2 | 2 | 986 | $112 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, the property is well-maintained and clean but remains largely in its original state or has dated updates. The kitchen features older white appliances, including an electric coil-top stove, and basic white cabinetry. The presence of carpet in the dining area and older light fixtures/ceiling fans further indicates the need for modernization to meet current design standards, fitting the criteria for a home over 20 years old with functional but outdated components.
The unit is located on the ground floor, eliminating the need for stairs and making it an ideal choice for buyers seeking easy access or long-term mobility convenience.
The Portofino community offers a robust amenity package including gated security, a clubhouse, two pools, and two spas, providing a high-quality lifestyle at an accessible price point.
Situated directly next to one of the community's refreshing pools and spas, this condo offers immediate proximity to recreational facilities, enhancing its appeal as a vacation retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6709, other record lot size in square feet = 2601.
Built in 1989 and described as ready for personalization, the property likely requires cosmetic updates or renovations to align with contemporary design standards.
The monthly association fee of $333 is relatively high compared to the $125,000 purchase price, which may impact the monthly carrying costs for budget-conscious investors or buyers.
Ground Floor Condo in Portofino Awaits! Say goodbye to stairs with this conveniently located 2 bedroom, 2 bath condominium in the desirable Portofino community! Located next to one of the community's two refreshing pools and relaxing spas, this unit offers an ideal opportunity for comfortable living, a smart investment, or a sunny escape. This beautiful ground floor condo is ready for you to personalize and make your own! Enjoy the fantastic amenities Portofino has to offer, including a clubhouse, 2 pools & 2 spas, covered parking, and the peace of mind of gated security, all with low HOA dues. Come and experience the Nevada sunshine and the benefit of NO STATE INCOME TAX! Schedule your private showing today – this ground-floor gem won't last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 69% |
| Baths | 2.0 | 1.0 | 69% |
| Square foot | 986 | 716 | 69% |
| Lot Size | 6,709 | 572 | 85% |
| Price | $125.0K | $108.0K | 85% |
| Price per sq ft | $127 | $161 | 46% |
| Built year | 1989 | 1990 | 31% |
| HOA | $333 | $160 | 92% |
| Days on market | 12 | 1806 | 8% |
Apr 10, 2026
$125,000
Initial Listing