235 Garrett Lane 1, Boulder City, NV 89005, Boulder City, 89005 - 3 bed, 2 bath
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Boulder City, NV 89005
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $390,000—positioned well below the $418,351 Fair Market Value by 6%. This valuation gap provides $28,351 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a solid foundation with custom storage and a covered patio, though it invites cosmetic updates to modernize the interior. Located near top-rated schools and Lake Mead, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 235 Garrett Lane 1 Subject | $390,000* List Price | 3 | 2 | 1,623 | $258 | - |
A 239 Garrett Lane 3 Sold | $365,000 List Price | 2 | 2 | 1,342 | 0.0 mi | |
B 225 BIG HORN Drive 5 Sold | $316,000 | 2 | 2 | 1,198 | $264 | 0.1 mi |
C 108 Topsail Drive 108 Active | $339,000 List Price | 3 | 2 | 1,348 | $251 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 22 years old and features original finishes. While the home is well-maintained and move-in ready, the kitchen and flooring are dated, with oak cabinetry and white appliances that would benefit from modern updates.
The property features custom built-in closets and a unique corner pantry, providing significantly more storage space than typically found in condos of this square footage.
Ideally situated just minutes from Lake Mead and Hemenway Park, offering residents unparalleled access to boating, water sports, and local wildlife viewing.
Residents benefit from close proximity to the Spanish Steps community center, which includes a gym and pool, enhancing the overall lifestyle and value.
The $340 monthly HOA fee represents a significant recurring cost that may deter buyers looking for lower overhead in their monthly housing budget.
Constructed in 2002 and described as needing 'personal touches,' the home likely requires cosmetic updates to align with contemporary design trends.
Bright and airy one-story condo in Spanish Steps, Boulder City. All of the windows fill the space with natural light. Custom built-in closets and a custom corner pantry deliver storage that is hard to find at this size. The Spanish Steps community center sits close by with a gym and a pool, and Lake Mead is just minutes away for boating, paddling, and weekends on the water. Low-maintenance desert landscaping and a covered patio round out the home. While you are in the area, swing by nearby Hemenway Park, where the desert bighorn sheep wander down to graze. Move-in ready and waiting for your personal touches.
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,623 | - |
| Lot Size | 5,282 | - |
| Price | $390.0K | $192.8K |
| Price per sq ft | $240 | $174 |
| Built year | 2002 | 0 |
| HOA | $340 | $0 |
| Days on market | 63 | 2893 |
May 20, 2026
$390,000
Initial Listing