
Laughlin, NV 89029
This Ground-Floor River-View Condominium is a High-Potential Investment Opportunity, listed at $135,000—positioned well below the $152,688 Fair Market Value by 11%. This valuation gap provides $17,688 in Instant Equity. Maintaining a Condition Rating of 4, the unit is move-in ready with updated flooring, offering further upside through cosmetic modernization. Residents benefit from Scenic Colorado River Views, guard-gated security, and resort amenities like dual pools and RV parking. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-value desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2064 Mesquite Lane 101 Subject | $135,000* List Price | 2 | 2 | 990 | $154 | - |
A 2044 Mesquite Lane 203 Sold | $125,000 List Price | 2 | 2 | 986 | 0.1 mi | |
B 3550 Bay Sands Drive 3020 Sold | $115,000 | 1 | 1 | 716 | $161 | 0.4 mi |
C 2072 Mesquite Lane 201 Active | $129,990 List Price | 2 | 2 | 990 | $131 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but shows significant signs of its 1989 construction. While the living areas feature updated laminate flooring, the kitchen retains dated oak-style cabinetry and older white appliances. The bathrooms and fixtures appear functional but lack modern updates, fitting the criteria for a property that is aged but maintained through regular upkeep without a full recent renovation.
This unit offers rare and desirable views of the Colorado River from both the primary suite and the living room, significantly enhancing its appeal as a desert retreat.
The ground-floor location provides easy, stair-free access, making it an ideal choice for those prioritizing mobility or convenience when moving recreational gear.
The community features guard-gated security, two pools, and dedicated RV/boat parking, offering a high level of safety and lifestyle convenience for outdoor enthusiasts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8206, other record lot size in square feet = 1936.
Built in 1989, the property may require updates to interior finishes or mechanical systems to align with modern aesthetic and efficiency standards.
The $333 monthly association fee is relatively high compared to the listing price, which may impact the overall affordability and debt-to-income ratio for some buyers.
GROUND-FLOOR GUARD-GATED RESORT LIVING at Portofino Condominiums in Laughlin, where security, comfort, and unbeatable views come together!! This ground-floor 2-bedroom, 2-bath condo offers nearly 1,000 sq ft with an open layout, breakfast bar, and VIEWS VIEWS VIEWS!! Views of the Colorado River from your Primary suite AND the Living room windows. Designed for convenience, the ground-floor location provides easy access with no stairs. Portofino provides 2 sparkling pools, hot-tubs, BBQ areas, and secure RV or boat parking, all within beautifully landscaped grounds and guard-gated security. Just five minutes from the Laughlin Strip, the Colorado River, and Lake Mohave, it’s perfect for year-round living or a desert retreat. With shopping and dining nearby, plus Nevada’s tax benefits, this condo is a smart move. Discover why Laughlin is loved by vacationers and locals alike, and enjoy NEVADA’S NO STATE INCOME TAX!
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 | 990 | 716 | 77% |
| Lot Size | 8,206 | 572 | 85% |
| Price | $135.0K | $108.0K | 85% |
| Price per sq ft | $136 | $161 | 46% |
| Built year | 1989 | 1990 | 31% |
| HOA | $333 | $160 | 92% |
| Days on market | 35 | 1806 | 8% |
Mar 18, 2026
$135,000
Initial Listing