2724 Otter Creek Court 101, Las Vegas, NV 89117, Las Vegas, 89117 - 2 bed, 2 bath
2724 Otter Creek Court 101
Las Vegas, NV 89117
Property Price
SUMMARY
Analysis of 2724 Otter Creek Court 101, Las Vegas, NV 89117 is currently available with a list price of $289,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1988, this 37-year-old property falls squarely into the 'fair' category. While the listing describes it as a 'great' condo and it appears well-maintained and move-in ready, it retains many original or dated features such as mirrored closet doors and a wood-burning fireplace. There is no evidence of a recent full-scale renovation, and the infrastructure is noted as aging, suggesting that while functional, the kitchen and bathroom styles are likely outdated compared to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Community Location
Situated in the desirable Lakes area, this unit is positioned directly across from the community pool and spa, offering immediate access to premium recreational amenities.
- Functional Open Floorplan
The interior features a spacious open layout with a wood-burning fireplace and a large kitchen with a breakfast bar, providing a comfortable and inviting living space.
- Enhanced Storage & Convenience
The inclusion of a dedicated storage unit and its proximity to major shopping, restaurants, and schools adds significant practical value for residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2163, other record lot size in square feet = 1148.
- Aging Infrastructure
Built in 1988, the property may require updates to mechanical systems or cosmetic modernizations to compete with newer residential developments in the area.
- Potential Noise Exposure
While convenient, the unit's location directly across from the community pool and spa may lead to increased noise levels and higher foot traffic during peak usage times.
About 2724 Otter Creek Court 101
Great two-bedroom condo in the Lakes! Open floorplan, spacious kitchen with breakfast bar, cozy wood-burning fireplace in the living room, large bedrooms with mirrored closet doors, across from community pool and spa, and mature landscaping. Storage unit included with the property too! Near great shopping, restaurants, schools and more!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 2,163 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $210 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,136 | 1,079 | 58% |
| Lot Size | 2,163 | 2,185 | 50% |
| Price | $289.9K | $219.0K | 85% |
| Price per sq ft | $255 | $222 | 83% |
| Built year | 1988 | 1991 | 6% |
| HOA | $210 | $227 | 44% |
| Days on market | 368 | 263 | 57% |
Pricing History
Listed for Sale
Mar 4, 2025
$289,900
Initial Listing