
Las Vegas, NV 89107
This Centrally Located Condominium Asset is listed at $139,999, representing a stable entry point near the $131,100 Fair Market Value. Holding a Condition Rating of 4, this 2nd-floor corner unit features a private covered patio, laundry room, and access to a community pool. Its location provides exceptional proximity to the US-95 freeway and the Las Vegas Strip, ensuring consistent tenant interest. While zoned for Red Rock Elementary and Western High School, the gated community's amenities offer strong lifestyle appeal. This property 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 |
|---|---|---|---|---|---|---|
★ 220 Mission Newport Lane 208 Subject | $130,000* List Price | 1 | 1 | 660 | $192 | - |
A 5220 Mission Carmel Lane 107 Sold | $141,000 List Price | 2 | 2 | 876 | 0.0 mi | |
B 220 MISSION NEWPORT Lane 203 Sold | $122,000 | 1 | 1 | 660 | $185 | - |
C 220 Mission Newport Lane 106 Sold | $122,000 | 1 | 1 | 660 | $185 | - |
D 220 MISSION NEWPORT Lane 106 Sold | $122,000 | 1 | 1 | 660 | $185 | - |
E 220 Mission Newport Lane 203 Sold | $122,000 | 1 | 1 | 660 | $185 | - |
F 220 MISSION NEWPORT Lane 203 Sold | $122,000 | 1 | 1 | 660 | $185 | - |
G 221 Mission Newport Lane 205 Active | $145,000 List Price | 1 | 1 | 660 | $220 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is dated but functional. While it features updated laminate flooring and fresh paint, the kitchen retains original-style cabinetry, laminate countertops, and older white appliances. It appears well-maintained and move-in ready, but requires cosmetic updates to the kitchen and likely the bathroom to meet modern standards.
Situated just 10 minutes from the Las Vegas Strip with immediate access to the US-95 freeway, this property offers exceptional convenience for commuting, dining, and world-class entertainment.
Priced under $140,000 in a gated community, this well-maintained unit represents an affordable entry point for first-time buyers or a turnkey opportunity for investors seeking rental income.
As a second-floor corner unit, the home provides enhanced privacy and natural light, featuring a functional floor plan with a private covered patio and a dedicated laundry room.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 660, other record living area = 876. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The $370 monthly association fee is relatively high for a 660-square-foot one-bedroom condo, which may impact the overall affordability and net ROI for potential investors.
The property is zoned for schools with ratings between 2 and 3 out of 10, which could deter families and potentially limit long-term resale demand compared to other neighborhoods.
Beautifully maintained 2nd-floor corner unit in a quiet, gated community! This centrally located condo offers easy access to the 95 freeway and is just 10 minutes from the Las Vegas Strip, placing you near top restaurants, shopping, and entertainment. The bright and open layout features a separate laundry room and a private covered patio overlooking lush, mature landscaping and one of the two community pools. Ideal as a starter home or investment opportunity, this unit combines comfort, convenience, and value. Enjoy a well-kept community with desirable amenities in a prime location close to everything Las Vegas has to offer.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 660 | 660 | 50% |
| Lot Size | - | 748 | 35% |
| Price | $130.0K | $122.0K | 76% |
| Price per sq ft | $197 | $180 | 82% |
| Built year | 1989 | 1989 | 50% |
| HOA | $370 | $231 | 82% |
| Days on market | 66 | 594 | 6% |
May 11, 2026
$130,000
$139,999
-7% Price Drop
Initial Listing
Apr 10, 2026
$139,999
Initial Listing