2725 S Nellis Boulevard 2049, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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Las Vegas, NV 89121
This Spacious Second-Floor Condominium is a Prime Investment Opportunity, listed at $179,000—positioned well below the $187,629 Fair Market Value by 4%. This valuation gap provides $8,629 in Instant Equity for buyers. Featuring a Condition Rating of 4, the unit offers vaulted ceilings, a private screened balcony, and access to resort-style amenities including a pool, spa, and fitness center. Being FHA and VA approved, this move-in-ready home is a strategic acquisition for Owner-Occupants or first-time buyers looking to build wealth in a gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 S Nellis Boulevard 2049 Subject | $180,000 | 2 | 2 | 1,029 | $182 | - |
A 2725 S Nellis Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 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 1169 Sold | $145,000 | 2 | 2 | 1,029 | $141 | 0.0 mi |
D 2725 S NELLIS BL Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.0 mi |
E 2725 S Nellis Boulevard 2116 Sold | $189,900 List Price | 2 | 2 | 1,029 | 0.2 mi | |
F 2725 S Nellis Boulevard 1152 Sold | $175,000 List Price | 2 | 2 | 1,029 | 0.1 mi | |
G 2725 S Nellis Boulevard 1190 Active | $204,888 List Price | 2 | 2 | 1,029 | $199 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, this property is well-maintained and move-in ready but remains largely in its original condition. The kitchen and bathrooms feature dated oak-style cabinetry and white tile countertops. While there are minor updates like a new dishwasher and new carpet in the primary bedroom, the overall aesthetic—including the carpeted bathroom vanity area and older light fixtures—reflects a home that is over 30 years old without a comprehensive modern renovation.
The property is FHA and VA approved, making it highly accessible for first-time homebuyers and veterans seeking low-down-payment options.
Residents enjoy a gated community with 24-hour security and extensive facilities, including a pool, spa, fitness center, and tennis courts.
This second-floor unit features vaulted ceilings and a private screened-in balcony, creating a spacious, light-filled atmosphere rare for standard condos.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5302, other record lot size in square feet = 2162.
The presence of community renting restrictions may limit the property's appeal to real estate investors looking for long-term flexibility.
The assigned public schools have lower performance ratings, which could be a consideration for families prioritizing educational rankings.
Beautiful 2-Bedroom Condo in Gated Echo Bay Community – FHA & VA Approved! W/ 24 Hr Access to Pool and Spas, and around the clock security! Don’t miss this spacious and well-maintained 2-bedroom, 2-bath condo located in the desirable Echo Bay subdivision. This second-floor unit features vaulted ceilings, an abundance of natural light, and a private screened-in, north-facing balcony—ideal for evening relaxation. New carpet in primary room and new dishwasher. Assigned parking spot, BBQ Area, CC&RS, COMMUNITY Pool, COMMUNITY Spa, COMMUNITY Wall, Fitness Center, Gated, Guest Parking, Not Age Restricted, Park, Playground, Renting Restrictions, Security, Tennis Courts all available! Only 15 mins from the strip with shopping centers around the corner.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,029 | 1,029 | 50% |
| Lot Size | 5,302 | 981 | 79% |
| Price | $180.0K | $178.9K | 54% |
| Price per sq ft | $175 | $175 | 50% |
| Built year | 1994 | 1994 | 50% |
| HOA | $225 | $198 | 59% |
| Days on market | 170 | 705 | 18% |
No pricing history data available.