2725 South Nellis Boulevard 1163, 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 $184,999—positioned well below the $199,941 Fair Market Value by 7%. This valuation gap provides $14,942 in Instant Equity. With a Condition Rating of 3, the unit features a remodeled master shower, granite countertops, and a newer HVAC system. Residents enjoy extensive community amenities, including two pools and RV parking. This property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a move-in ready asset with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 South Nellis Boulevard 1163 Subject | $184,999* List Price | 2 | 2 | 1,029 | $194 | - |
A 2725 S Nellis Boulevard 2168 Sold | $235,000 List Price | 2 | 2 | 1,029 | 0.0 mi | |
B 2725 S NELLIS BL Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.1 mi |
C 2725 S Nellis Boulevard 1077 Sold | $130,000 | 2 | 2 | 1,029 | $126 | 0.1 mi |
D 2725 S Nellis Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.1 mi |
E 2725 S NELLIS Boulevard 1077 Sold | $130,000 | 2 | 2 | 1,029 | $126 | 0.1 mi |
F 2725 S Nellis Boulevard 1169 Sold | $145,000 | 2 | 2 | 1,029 | $141 | 0.0 mi |
G 2725 S Nellis Boulevard 1158 Active | $229,900 List Price | 2 | 2 | 1,029 | $223 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1994, the property is well-maintained and move-in ready with significant recent updates including a <4-year-old HVAC system, a newly remodeled master walk-in shower, granite countertops, and brand new kitchen appliances.
The gated Echo Bay community offers a robust amenity package including two pools, tennis courts, a fitness center, and rare RV/boat parking, providing high lifestyle value for the price point.
The property features a newer HVAC system (less than 4 years old), a remodeled master shower with modern subway tile, and updated kitchen appliances, reducing immediate capital expenditure for a buyer.
Positioned with no neighbors to the east and featuring a screened-in covered patio with turf, this unit offers superior privacy and functional outdoor living space compared to standard units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5335, other record lot size in square feet = 2162.
The property is zoned for schools with ratings between 3 and 4, which may limit appeal for families and potentially impact long-term resale velocity.
Built in 1994, the property may soon require maintenance on original components or common area elements that have not been modernized, despite the individual unit's recent cosmetic updates.
THIS 2 BEDROOM 2 BATH CONDO IS LOCATED 15 MINUTES FROM THE STRIP AND NELLIS AIR FORCE BASE IS 15 MINUTES NORTH ON NELLIS BLVD* THIS GATED COMMUNITY FEATURES FULL AMENITIES INCLUDING CLUBHOUSE, TWO COMMUNITY POOLS, EXERCISE ROOM, TENNIS COURTS, WALKING PATHS, HORSE SHOE, OUTDOOR COVERED GRILL/KITCHEN NEXT TO ONE OF THE POOLS FOR PARTIES AND ALSO RV PARKING/BOAT PARKING8 MASTER BEDROOM FEATURES DOUBLE SINKS AND NEWLY REMODELED SUBWAY TILE WALK IN SHOWER WITH GRAB BARS*NEW FAUCETS AND TOILET* BOTH BEDROOMS HAVE WALK IN CLOSETS AND REMOTE CONTROL CEILING FANS WITH LIGHTS THROUGHOUT*LARGE LIVING ROOM HAS A GAS FIREPLACE AND A COVERED PATIO WITH TURF WITH CLOSED IN SCREEN*NO NEIGHBORS TO THE EAST SIDE OF CONDO FOR EXTRA PRIVACY*CUTE KITCHEN WITH GRANITE COUNTERTOPS *BRAND NEW DISHWASHER AND NEWER STOVE & MICROWAVE*LARGE AREA FOR DINING AND LOTS OF CABINETS ALONG WITH A POT RACK*A/C FURNACE LESS THAN 4 YEARS
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.8 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 | 5,335 | - | 90% |
| Price | $185.0K | $178.9K | 63% |
| Price per sq ft | $180 | $175 | 53% |
| Built year | 1994 | 1994 | 50% |
| HOA | $245 | $190 | 83% |
| Days on market | 17 | 1080 | 3% |
May 28, 2026
$184,999
Initial Listing