2036 Mesquite Lane 301, Laughlin, NV 89029, Laughlin, 89029 - 2 bed, 2 bath
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Laughlin, NV 89029
This Top-Floor Corner Condominium presents a Prime Investment Opportunity with a List Price of $106,900—positioned well below the $109,624 Fair Market Value by 2%. This valuation gap offers $2,724 in Instant Equity for buyers. Currently holding a Condition Rating of 5, the unit features dated 1989 finishes, providing a clear path for forced appreciation through a modern kitchen and bath rehab. Located in a guard-gated community with mountain and city views, this asset is ideal for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2036 Mesquite Lane 301 Subject | $106,900* List Price | 2 | 2 | 990 | $111 | - |
A 2044 Mesquite Lane 203 Sold | $125,000 List Price | 2 | 2 | 986 | 0.0 mi | |
B 3550 Bay Sands Drive 1042 Pending | $125,000 List Price | 2 | 2 | 1,067 | $117 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989, this 35-year-old property exceeds the 30-year threshold for original condition. The kitchen and wet bar feature dated oak-style cabinetry, original-style white appliances, and fluorescent lighting. While the unit appears clean and functional, it lacks modern renovations to the kitchen, bathrooms, and systems, requiring a full rehab to meet current market standards.
As a top-floor corner unit in Laughlin's only guard-gated community, this property offers enhanced privacy and unobstructed panoramic views of the mountains and city lights.
The Portofino community provides exceptional value through its dual pools, spas, and clubhouse, along with the rare and highly convenient inclusion of RV and boat parking.
With a competitive price point under $110,000 and the significant benefit of no state income tax in Nevada, this unit is an attractive option for both investors and vacation home seekers.
The 1989 construction features original-style white appliances and plush carpeting, which may require capital investment for modern upgrades to maximize rental or resale value.
The $333 monthly association fee is relatively high compared to the listing price, which could impact the debt-to-income ratio for some buyers and overall monthly cash flow.
TOP-FLOOR CORNER UNIT WITH STUNNING VIEWS IN LAUGHLIN'S ONLY GUARD-GATED COMMUNITY! This bright 2-bedroom, 2-bath condo sits on the top floor of sought-after Portofino, where mountain panoramas and sparkling Laughlin city views greet you from every window. The open layout features a breakfast bar connecting the kitchen to the living area, with abundant cabinet storage, white appliances, a dual basin stainless steel sink, and tile flooring. The living room anchors the space with a fireplace, ceiling fan, and plush carpet that carries through the bedrooms. IN-UNIT LAUNDRY and an assigned covered carport add everyday convenience. Portofino delivers resort-style amenities including TWO POOLS, two spas, a clubhouse, BBQ areas, and RV and boat parking, all behind guarded gates. Minutes from the Colorado River, the Riverwalk, casino dining and entertainment, and year-round outdoor recreation. Plus, enjoy the advantage of NO STATE INCOME TAX. Schedule your private tour today!
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 | 990 | 855 | 67% |
| Lot Size | - | 286 | 50% |
| Price | $106.9K | $84.0K | 50% |
| Price per sq ft | $108 | $96 | 50% |
| Built year | 1989 | 1990 | 50% |
| HOA | $333 | $80 | 83% |
| Days on market | 38 | 1543 | 17% |
Apr 29, 2026
$106,900
Initial Listing