2725 South Nellis Boulevard Unit 1158, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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2725 South Nellis Boulevard Unit 1158
Las Vegas, NV 89121
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,029Sq Ft
5,227Lot Size
Property Price
LIST PRICE$229,900
EST. MARKET VALUE
$210,975
8% AboveMARKET VALUE
SUMMARY
This condominium presents a Strong Value Opportunity with a List Price of $229,900—positioned well above the $210,976 Fair Market Value by -8%. While the property requires modernization, its Fair Condition Rating and functional 1,029 sqft single-story layout provide a solid foundation for value-add improvements. Located near local amenities, this asset offers a stable entry point for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic updates. The property serves as a practical, low-maintenance urban residence with significant potential for long-term appreciation.
Estimated Market Value
$210,975
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 South Nellis Boulevard Unit 1158 Subject 2 bd · 2 ba · 1,029 sqft · $205 | $229,900* List Price | 2 | 2 | 1,029 | $205 | - |
A 2725 South Nellis Boulevard Unit 2152 Active 2 bd · 2 ba · 1,029 sqft · $223 · 0.0 mi | $229,000 List Price | 2 | 2 | 1,029 | $223 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1994, this 30-year-old property falls into the 'Fair' category. While the flooring has been updated to modern wood-look vinyl in some areas, the kitchen and bathrooms remain largely original with dated oak cabinetry, tile countertops, and older white appliances. The property is functional and move-in ready but requires cosmetic updates and modernization of original fixtures to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Story Accessibility
The thoughtfully designed 1,029 sqft single-story layout eliminates stairs, providing effortless living and a functional flow that appeals to a wide range of buyers.
- Affordable Ownership Costs
With a competitive list price of $229,900 and a relatively low monthly HOA fee of $198, this property offers an excellent entry point for first-time buyers or investors seeking strong cash flow.
- Prime Urban Convenience
Situated in the Echo Bay Condo community, the residence provides a vibrant urban retreat with easy access to local amenities, shopping, and major Las Vegas attractions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 2162.
- School District Ratings
The assigned public schools currently hold lower ratings (ranging from 3 to 4), which may be a significant consideration for families prioritizing educational performance.
- Property Age and Modernization
Built in 1994, the unit may require cosmetic updates or system modernizations to meet the aesthetic standards of newer competing developments in the area.
About 2725 South Nellis Boulevard Unit 1158
Discover a vibrant urban retreat where comfort meets convenience in this charming Las Vegas condominium. This residence offers an exceptional opportunity to embrace a dynamic lifestyle. Step inside to a thoughtfully designed living space, featuring two inviting bedrooms and two full bathrooms, providing ample room for relaxation and daily routines. The single-story layout ensures effortless living. With 1029 square feet of living area, the home offers a cozy yet functional environment. Situated in a desirable location the property provides a sense of spaciousness within a bustling city. Enjoy the benefits of a well-established community with easy access to local amenities and vibrant city attractions. This condominium is an ideal choice for those seeking
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $198 / Month
Neighborhood Insights
Las Vegas Unified Schools
Laura Dearing Elementary School
Grades PK-5 • 0.7 mi
4/10
Jerome Mack Middle School
Grades 6-8 • 0.8 mi
3/10
Chaparral High School
Grades 9-12 • 1.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,029 | 1,048.989 |
| Lot Size | 5,227 | 5,669.706 |
| Price | $229.9K | $221.6K |
| Price per sq ft | $223 | $210 |
| Built year | 1994 | 1996 |
| HOA | $198 | $254 |
| Days on market | 4 | 70 |
Pricing History
Listed for Sale
Oct 20, 2026
$229,900
Initial Listing
Sold
May 12, 1995
$72,000
Public Record