230 Mission Newport Lane 203, Las Vegas, NV 89107, Las Vegas, 89107 - 1 bed, 1 bath
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Las Vegas, NV 89107
This High-Potential Investment Opportunity is listed at a List Price of $151,500—positioned well below the $156,830 Fair Market Value by 3%. This valuation gap offers $5,330 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a renovated kitchen and gated community amenities like a pool and spa. While school ratings are modest, the property’s central location ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, budget-conscious asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230 Mission Newport Lane 203 Subject | $142,000* List Price | 1 | 1 | 660 | $233 | - |
A 220 MISSION NEWPORT Lane 203 Sold | $122,000 | 1 | 1 | 660 | $185 | 0.0 mi |
B 220 Mission Newport Lane 106 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 5220 Mission Carmel Lane 107 Sold | $141,000 List Price | 2 | 2 | 876 | 0.1 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 move-in ready.
Although built in 1989, the property features a renovated kitchen with modern stone countertops, a contemporary tile backsplash, and updated flooring. The interior appears well-maintained and move-in ready, aligning with the criteria for a 5-15 year renovation cycle despite the presence of older white appliances.
Located in a secure gated community, the property offers premium amenities including a pool, indoor and outdoor spas, and an exercise room, providing significant lifestyle value for residents.
The unit is well-maintained with updated finishes, offering a move-in-ready opportunity that minimizes immediate renovation costs for first-time buyers or investors.
Situated in the heart of Las Vegas with immediate freeway access and proximity to major shopping and dining hubs, the property ensures high convenience and strong rental demand.
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 monthly association fee of $370 is relatively high compared to the $151,500 list price, which may impact monthly cash flow and overall affordability for budget-conscious buyers.
The property is zoned for schools with ratings between 2 and 3 out of 10, which could be a deterrent for families and potentially limit long-term capital appreciation.
Charming upstairs 1-bedroom, 1-bath condo located in a gated community with great amenities! This well-maintained unit features updated finishes and offers access to a community pool, indoor & outdoor spa, exercise room, and guest parking. Conveniently located in the heart of the city with easy freeway access, shopping, dining, and entertainment nearby. Great opportunity for a primary residence or investment property!
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 | $142.0K | $122.0K | 82% |
| Price per sq ft | $215 | $180 | 94% |
| Built year | 1989 | 1989 | 50% |
| HOA | $370 | $231 | 82% |
| Days on market | 33 | 593 | 6% |
Jun 12, 2026
$142,000
$151,500
-6% Price Drop
Initial Listing
May 12, 2026
$151,500
Initial Listing