221 Pecos Way, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 3 bath
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Las Vegas, NV 89121
This townhouse presents a Strong Value Opportunity with a List Price of $220,000—positioned well below the $221,727 Fair Market Value by 0.78%. This valuation gap offers $1,727 in Instant Equity. Featuring a Fair Condition Rating, the home includes modern laminate flooring and a private paved courtyard. While the property requires modernization to address its 1971 infrastructure, the community amenities, including a pool and tennis courts, provide significant lifestyle value. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 Pecos Way Subject | $220,000* List Price | 2 | 3 | 1,320 | $168 | - |
A 3078 S Pecos Road Sold | $235,000 | 2 | 3 | 1,320 | $178 | 0.0 mi |
B 335 GREENBRIAR TOWNHO Way Sold | $185,000 | 2 | 2 | 1,320 | $140 | 0.3 mi |
C 470 LAS CASITAS Way Sold | $154,900 List Price | 3 | 2 | 1,254 | 0.2 mi | |
D 3750 Fairlawn Avenue Sold | $249,900 List Price | 2 | 2 | 1,290 | 0.6 mi | |
E 335 Greenbriar Townhouse Way Sold | $185,000 | 2 | 2 | 1,320 | $140 | 0.3 mi |
F 156 GREENBRIAR TOWNHOUSE Way Sold | $168,100 | 2 | 3 | 1,320 | $127 | 0.5 mi |
G 3541 KENSBROOK Street Sold | $260,000 | 2 | 2 | 1,294 | $201 | 0.6 mi |
H 3541 KENSBROOK Street Sold | $260,000 | 2 | 2 | 1,294 | $201 | 0.6 mi |
I 727 Greenbriar Townhouse Way Active | $199,000 List Price | 2 | 2 | 1,232 | $162 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971 (53 years old), the property has undergone some cosmetic updates such as manmade laminate flooring and a kitchen backsplash. However, it remains largely dated with popcorn ceilings and older structural elements. While functional and move-in ready, it fits the 'Fair' criteria as it is over 20 years old and requires further modernization to meet current market standards.
The property offers access to a robust suite of amenities including a swimming pool, pool house, tennis courts, and lush green lawns, providing significant lifestyle value for residents.
The interior features contemporary manmade laminate flooring and a stylish brick-style kitchen backsplash, offering a move-in-ready aesthetic that minimizes immediate renovation costs.
With a competitive list price of $220,000 and a relatively low monthly HOA fee of $169, this townhouse represents an affordable entry point into the Las Vegas real estate market.
Built in 1971, the property may require more frequent maintenance or future capital improvements to aging systems compared to newer residential developments.
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a concern for families prioritizing educational performance and could impact long-term appreciation.
Discover an exceptional lifestyle in this inviting two-story townhouse located at 221 Pecos Way in vibrant Las Vegas, NV. This charming residence offers 1,320 square feet of comfortable living space, featuring two full bathrooms and one half bathroom, perfect for modern living. The welcoming entry, adorned with vibrant red trim, beckons residents along a shaded, tree-lined path. Step inside to find a comfortable living area enhanced with gleaming manmade laminate flooring and ample overhead lighting, creating an ideal setting for relaxation and entertaining. The well-appointed kitchen boasts a stylish brick-style backsplash, and plentiful cabinetry, offering both functionality and aesthetic appeal. Upstairs, the spacious rooms offer comfortable carpet flooring and ample open storage solutions, along with the convenience of ceiling fans for added comfort. Blinds throughout the home provide privacy and light control. Outside, a private, paved courtyard space awaits, perfect for outdoor enjoyment and relaxation. This property is part of a community that provides an inviting pool house and a refreshing swimming pool, surrounded by lush green lawns. Residents can also enjoy outdoor recreation on a well-maintained tennis court, perfect for active living. With its thoughtful design and access to desirable amenities, this townhouse presents a fantastic opportunity for a fulfilling Las Vegas lifestyle.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,320 | - |
| Lot Size | 1,742 | - |
| Price | $220.0K | $324.2K |
| Price per sq ft | $167 | $237 |
| Built year | 1971 | 0 |
| HOA | $169 | $0 |
| Days on market | 20 | 276 |
Jul 2, 2026
$220,000
Initial Listing