2725 South Nellis Boulevard 2068, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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Las Vegas, NV 89121
This 2-bedroom condo presents a High-Potential Investment Opportunity with a List Price of $207,000—positioned well above the $108,966 Fair Market Value by -89%. While the property requires a full interior rehab to address its Condition Rating of 5, the community offers desirable amenities including two pools and an exercise room. Given the aging infrastructure and lower-rated local schools, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing a value-add renovation to modernize the original 1994 finishes.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 South Nellis Boulevard 2068 Subject | $183,900* List Price | 2 | 2 | 1,029 | $177 | - |
A 2725 S Nellis Boulevard 2049 Sold | $180,000 | 2 | 2 | 1,029 | $175 | 0.0 mi |
B 2725 S Nellis Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.0 mi |
C 2725 S Nellis Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.0 mi |
D 2725 S Nellis Boulevard 1152 Sold | $175,000 List Price | 2 | 2 | 1,029 | 0.1 mi | |
E 2725 S Nellis Boulevard 2116 Sold | $189,900 List Price | 2 | 2 | 1,029 | 0.1 mi | |
F 2725 S NELLIS BL Boulevard 2108 Sold | $190,000 | 2 | 2 | 1,029 | $185 | 0.1 mi |
G 2725 NELLIS Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.1 mi |
H 2725 S Nellis Boulevard 1090 Sold | $169,200 List Price | 2 | 2 | 1,029 | 0.1 mi | |
I 2725 S Nellis Boulevard 2049 Active | $195,000 List Price | 2 | 2 | 1,029 | $190 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1994 (32 years old), the property falls into the >30y category with original features. While the living area has updated laminate flooring, the kitchen and bathrooms are significantly outdated with original oak cabinetry, white tile counters, and 90s-style fixtures that require a full rehab to modernize.
Priced at $207,000, this 2-bedroom condo represents a highly accessible price point for first-time homebuyers or investors seeking a budget-friendly entry into the Las Vegas real estate market.
The Echo Bay Condo subdivision offers a robust amenity package including two swimming pools and a dedicated exercise room, providing significant lifestyle value for residents.
At $225 per month, the association fees are relatively low for a community that maintains multiple pools and fitness facilities, helping to keep monthly carrying costs manageable for the owner.
The assigned public schools for this location carry lower ratings (3 and 4 out of 10), which may be a deterrent for families prioritizing education and could impact future resale demand.
Built in 1994, the property is nearly 30 years old and may require capital improvements or modern updates to its interior finishes and mechanical systems to remain competitive with newer inventory.
2-bedroom, 2-bath condo, 2 pools and exercise room
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,029 | - |
| Lot Size | 2,162 | - |
| Price | $183.9K | $217.2K |
| Price per sq ft | $179 | $219 |
| Built year | 1994 | 0 |
| HOA | $225 | $0 |
| Days on market | 51 | 828 |
Jul 21, 2026
$183,900
$187,000
-2% Price Drop
Initial Listing
Jul 4, 2026
$187,000
$190,000
-2% Price Drop
Initial Listing
Jun 20, 2026
$190,000
$200,000
-5% Price Drop
Initial Listing
Jun 16, 2026
$200,000
$207,000
-3% Price Drop
Initial Listing
Jun 1, 2026
$207,000
Initial Listing
Apr 29, 1994
$72,000
Public Record