221 Mission Catalina Lane 202, Las Vegas, NV 89107, Las Vegas, 89107 - 1 bed, 1 bath
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Las Vegas, NV 89107
This Charming Move-In Ready Condo represents a Prime Investment Opportunity with a List Price of $159,000—positioned well below the $244,550 Fair Market Value by 34%. This significant valuation gap provides $85,550 in Instant Equity. Featuring a Condition Rating of 4, the unit boasts new carpet, fresh paint, and a wood-burning fireplace. Located in a gated community with a pool, spa, and fitness center, it offers strong rental potential near the Las Vegas Strip. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 Mission Catalina Lane 202 Subject | $159,000* List Price | 1 | 1 | 660 | $371 | - |
A 220 Mission Newport Lane 106 Sold | $122,000 | 1 | 1 | 660 | $185 | 0.0 mi |
B 220 MISSION NEWPORT Lane 203 Sold | $122,000 | 1 | 1 | 660 | $185 | 0.0 mi |
C 220 MISSION NEWPORT Lane 106 Sold | $122,000 | 1 | 1 | 660 | $185 | 0.0 mi |
D 220 Mission Newport Lane 203 Sold | $122,000 | 1 | 1 | 660 | $185 | 0.0 mi |
E 220 MISSION NEWPORT Lane 203 Sold | $122,000 | 1 | 1 | 660 | $185 | 0.0 mi |
F 220 Mission Catalina Lane 102 Sold | $169,900 List Price | 2 | 2 | 876 | 0.0 mi | |
G 220 Mission Newport Lane 201 Active | $164,000 List Price | 1 | 1 | 660 | $248 | 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 due to recent cosmetic updates including new carpet and fresh paint. However, built in 1989, it still features dated elements such as popcorn ceilings and linoleum flooring, and lacks the extensive kitchen or bathroom renovations necessary to meet the 'good' or 'excellent' criteria.
The property features brand-new carpet and fresh interior paint throughout, and includes all appliances, offering a turnkey solution for immediate occupancy or rental.
Ideally situated just 15 minutes from the Las Vegas Strip and Airport, with convenient access to the 95 Freeway and Summerlin Parkway for easy commuting.
Located within a gated community, residents enjoy premium lifestyle features including a pool, spa, fitness center, and a private balcony with a wood-burning fireplace.
The monthly HOA fee of $370 is relatively high for a 660-square-foot one-bedroom unit, which may impact the debt-to-income ratio for some buyers.
The assigned public schools for this address currently hold low ratings (2 and 3 out of 10), which could be a drawback for families or long-term appreciation.
CHARMING CONDO IN MEADOWS COMMUNITY * 2ND LEVEL * GATED ENTRY * 660 SF * 1 BED * 1 FULL BATH * LIVING RM HAS WOOD-BURNING FIREPLACE & LEADS TO BALCONY * KITCHEN OPEN TO LIVING RM & DINING AREA * ALL APPLIANCES INCLUDED * NEW CARPET & PAINT * BEDROOM IS CARPETED WITH CEILING FAN/LIGHT, WINDOW & CLOSET * BATH HAS SINGLE-SINK & TUB/SHOWER COMBO * SEPARATE LAUNDRY RM W/ SHELVING FOR STORAGE * CARPET & LINOLEUM FLOORING * WINDOW BLINDS * CEILING FANS * COVERED CARPORT PKG * COMMUNITY POOL/SPA & FITNESS CENTER * 15 MINS FROM AIRPORT & THE LAS VEGAS STRIP * NEAR 95 FWY & SUMMERLIN PKWY, SPRINGS PRESERVES, ED FOUNTAIN PARK, RESTAURANTS, SHOPPING AND MORE!
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 | 1.5 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 660 | 704 | 50% |
| Lot Size | 7,243 | 876 | 85% |
| Price | $159.0K | $100.0K | 85% |
| Price per sq ft | $241 | $157 | 92% |
| Built year | 1989 | 1987 | 50% |
| HOA | $370 | $227 | 85% |
| Days on market | 71 | 1084 | 4% |
Feb 10, 2026
$159,000
Initial Listing