2725 South Nellis Boulevard 1020, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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Las Vegas, NV 89121
This Turnkey Condominium represents a Strong Value Opportunity, listed at $198,888—positioned well below the $214,345 Fair Market Value by 7%. This valuation gap offers $15,457 in Instant Equity. Boasting a Mint Condition Rating with recent renovations including new appliances and flooring, the property offers a resort-style lifestyle with access to pools, spas, and a gym. While HOA restrictions limit this to Owner-Occupants, it remains a premier choice for first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 South Nellis Boulevard 1020 Subject | $195,000* List Price | 2 | 2 | 1,008 | $203 | - |
A 2725 S NELLIS BL Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.1 mi |
B 2725 S Nellis Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.2 mi |
C 2725 S Nellis Boulevard 2168 Sold | $235,000 List Price | 2 | 2 | 1,029 | 0.1 mi | |
D 2725 S Nellis Boulevard 2027 Active | $205,000 List Price | 2 | 2 | 1,029 | $199 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1993, the property has undergone a comprehensive recent renovation (<5 years) including new flooring, paint, appliances, fixtures, and water valves. The interior is in mint, move-in ready condition with modern finishes, meeting the criteria for a recent high-quality renovation.
The property is in turn-key condition featuring new paint, flooring, water valves, blinds, and fixtures, along with four brand-new appliances including a stove, microwave, dishwasher, and dryer.
Residents have access to resort-style facilities including two pools, two spas, a full gym, tennis and sports courts, and a unique option to rent RV parking spaces for a low monthly fee.
The floor plan is highly efficient with walk-in closets in both bedrooms, double sinks in the primary bath, a cozy fireplace, and a screened-in patio for private outdoor enjoyment.
The HOA enforces an 'Owner Occupied Only' policy, which completely eliminates the property's potential as a rental investment and limits the future resale market to primary residents.
The assigned public schools for this address have relatively low ratings, ranging from 3 to 4 out of 10, which may be a deterrent for families prioritizing educational performance.
G*O*R*G*E*O*U*S CONDO * OWNER OCCUPIED ONLY PER HOA * NEW Paint * NEW Flooring * NEW Water Valves T/O * 4 NEW Appliances - Stove, Microwave, Dishwasher & Dryer * Pass through Kitchen * NEW Blinds T/O * NEW Fixtures * Fireplace * Primary Bedroom with Window Seat & Walk-n Closet * Primary Bath Double Sinks & NEW Faucets * 2nd Bedroom Walk-in Closet * Screened in Patio * Owners May Rent An RV Space by back gate for $50/mo * Community has tons of activity points - 2 Pools - 2 Spas - Tennis court - Shuffle Board Court - Bocci ball - Horseshoes - Rec Room with Foosball, pool table, darts, table tennis - FULL GYM - Community Room with kitchen, fireplace & banquet tables - Walking Trail around community * BBQ Equipment at back of condo building & by pools * ONLY 2 PETS PER UNIT PER HOA *
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,008 | - |
| Lot Size | - | - |
| Price | $195.0K | $217.2K |
| Price per sq ft | $193 | $219 |
| Built year | 1993 | 0 |
| HOA | $245 | $0 |
| Days on market | 47 | 828 |
Jul 4, 2026
$195,000
$197,000
-1% Price Drop
Initial Listing
Jun 18, 2026
$197,000
$198,888
-1% Price Drop
Initial Listing
Jun 5, 2026
$198,888
Initial Listing