
Las Vegas, NV 89117
This Canyon Lake Condominium represents a Strong Value Opportunity with a List Price of $249,000—positioned well below the $265,400 Fair Market Value by 6%. This valuation gap provides $16,400 in Instant Equity for buyers ready to polish this Condition Rating 4 "Diamond in the Rough." Featuring a Granite Kitchen and access to Resort-Style Amenities including a pool and tennis courts, the property is zoned for Top-Rated 7/10 Schools. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2200 S Fort Apache Road 2175 Subject | $234,000* List Price | 2 | 2 | 1,053 | $245 | - |
A 2200 S FORT APACHE Road 1117 Sold | $245,000 | 2 | 2 | 1,053 | $233 | 0.1 mi |
B 2200 S Fort Apache Road 2133 Sold | $273,000 | 2 | 2 | 1,053 | $259 | 0.0 mi |
C 2200 S Fort Apache Road 2133 Sold | $273,000 | 2 | 2 | 1,053 | $259 | 0.0 mi |
D 2200 S FORT APACHE Road 1101 Sold | $275,000 | 2 | 2 | 1,053 | $261 | 0.2 mi |
E 2200 S Fort Apache Road 1251 Sold | $240,000 | 2 | 2 | 1,053 | $228 | 0.1 mi |
F 2200 S Fort Apache Road 1242 Sold | $224,000 List Price | 2 | 2 | 1,053 | 0.1 mi | |
G 2200 S Fort Apache Road 1118 Active | $239,900 List Price | 2 | 2 | 1,053 | $228 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this property is over 30 years old and is explicitly marketed as a 'Diamond in the Rough,' indicating it requires cosmetic or minor functional repairs. While the kitchen has been partially updated with granite countertops and white cabinets, the home retains several dated features including popcorn ceilings, older fluorescent lighting, and basic fixtures. The property appears maintained but shows signs of age and wear consistent with a home that has not undergone a comprehensive modern renovation.
The unit features desirable upgrades including granite countertops, white cabinetry, and a cozy fireplace, providing a solid foundation for a stylish living space.
Residents enjoy access to a wide array of recreational facilities, including a clubhouse, pool, tennis courts, and a putting green, enhancing the overall lifestyle appeal.
The property is zoned for well-rated elementary and middle schools, both scoring a 7/10, making it an attractive option for families prioritizing education.
Explicitly described as a 'Diamond in the Rough,' the property likely requires cosmetic or functional repairs, which may necessitate an additional budget beyond the purchase price.
The monthly association fee of $504 is relatively high for this price point, which could impact a buyer's monthly affordability and overall investment yield.
A Diamond In The Rough! Come check out this wonderful unit with it's granite counters, white cabinets, balcony, fireplace, mirrored closets and more!! Community is great too! Buyers will love the clubhouse, tennis court, pool, putting green and picnic area options!! Thanks for showing! Buyer to verify all information.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,053 | - |
| Lot Size | 19,470 | - |
| Price | $234.0K | $217.2K |
| Price per sq ft | $222 | $219 |
| Built year | 1991 | 0 |
| HOA | $504 | $0 |
| Days on market | 124 | 828 |
Apr 5, 2026
$234,000
$249,000
-6% Price Drop
Initial Listing
Mar 20, 2026
$249,000
Initial Listing