
Las Vegas, NV 89121
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $189,900—positioned well below the $196,766 Fair Market Value by 3%. This valuation gap offers $6,866 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, stainless steel appliances, and plantation shutters. With FHA/VA approval and community amenities like two pools and tennis courts, this property is an ideal choice for first-time buyers or owner-occupants seeking a stable, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 S Nellis Boulevard 2088 Subject | $189,900* List Price | 2 | 2 | 1,029 | $191 | - |
A 2725 S Nellis Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.0 mi |
B 2725 NELLIS Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.0 mi |
C 2725 S Nellis Boulevard 1096 Sold | $190,000 | 2 | 2 | 1,029 | $185 | 0.0 mi |
D 2725 S NELLIS BL Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.1 mi |
E 2725 S Nellis Boulevard 1090 Sold | $169,200 List Price | 2 | 2 | 1,029 | 0.0 mi | |
F 2725 S Nellis Boulevard 2168 Sold | $235,000 List Price | 2 | 2 | 1,029 | 0.1 mi | |
G 2725 S Nellis Boulevard 1181 Active | $225,000 List Price | 2 | 2 | 1,029 | $219 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1995, this unit is well-maintained and move-in ready. It features significant interior updates including granite countertops, newer stainless steel appliances, plantation shutters, and updated laminate flooring, placing it in the 5-15 year renovation bracket.
The property is both FHA and VA approved, making it an ideal and accessible option for first-time homebuyers or veterans looking for favorable financing terms.
The unit features desirable interior finishes including granite countertops, newer stainless steel appliances, and plantation shutters, providing a move-in-ready experience.
With a low HOA fee of $245, residents enjoy extensive community perks including two pools, a fitness gym, and tennis courts, offering a high quality of life at an affordable price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5239, other record lot size in square feet = 2162.
The 'Owner Occupied Only' requirement eliminates the possibility of using the property as a traditional investment rental, significantly narrowing the pool of potential buyers.
The assigned public schools carry lower ratings (ranging from 3 to 4), which may be a drawback for families prioritizing high-performing educational districts.
FHA & VA approved condo - Owner occupied only - Low HOA! Lovely 2-bedroom, 2-bath unit, with gas fireplace and balcony, located across street from pool and tennis courts for easy access but quiet! Efficient kitchen with granite countertops and newer stainless steel appliances. Walk-in closets in both bedrooms. Plantation shutters. Large storage area off balcony. Community offers 2 pools with spas, clubhouse, fitness gym, tennis courts. Welcome Home!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.6 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 | 5,239 | - | 75% |
| Price | $189.9K | $178.9K | 59% |
| Price per sq ft | $185 | $180 | 50% |
| Built year | 1995 | 1994 | 84% |
| HOA | $245 | $196 | 84% |
| Days on market | 18 | 1072 | 3% |
May 19, 2026
$189,900
Initial Listing
Dec 21, 1994
$75,500
Public Record