2725 South Nellis Boulevard Unit 2152, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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2725 South Nellis Boulevard Unit 2152
Las Vegas, NV 89121
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,029Sq Ft
0Lot Size
Property Price
LIST PRICE$229,000
EST. MARKET VALUE
$210,660
8% AboveMARKET VALUE
SUMMARY
This Condominium Asset represents a Strong Value Opportunity, listed at $229,000—positioned well above the $210,661 Fair Market Value by 8%. While the price reflects a premium, the Dual-Suite Layout and low $245 Association Fee provide a functional, cost-effective living environment. With a Condition Rating of 4, the property is ready for cosmetic updates to modernize its 1994 build. This unit is an ideal acquisition for Buy-and-Hold Investors seeking rental stability or first-time buyers looking for an accessible entry into the Las Vegas market.
Estimated Market Value
$210,660
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 2152 Subject 2 bd · 2 ba · 1,029 sqft · $205 | $229,000* List Price | 2 | 2 | 1,029 | $205 | - |
A 2725 S Nellis Boulevard 1158 Active 2 bd · 2 ba · 1,029 sqft · $223 · 0.0 mi | $229,900 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 (30 years old), the property falls into the >20-year category. While the listing describes the unit as 'gorgeous,' the age suggests that the kitchen, bathrooms, and major systems (HVAC/Electric) are likely dated or reaching the end of their functional lifespan, requiring minor repairs or modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Suite Layout
The residence features two bedrooms and two full bathrooms, providing a highly functional layout that offers privacy and convenience for roommates or guests.
- Market Affordability
Priced at $229,000, this condo represents a competitive entry point into the Las Vegas real estate market, making it attractive for first-time buyers and investors.
- Manageable Carrying Costs
The monthly association fee of $245 is relatively low for the region, helping to maintain overall affordability and improve potential rental yields.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned public schools have lower performance ratings (ranging from 3 to 4), which may be a deterrent for families prioritizing educational infrastructure.
- Property Age
Built in 1994, the unit and its systems are over 30 years old, which may necessitate near-term capital expenditures for updates or maintenance compared to newer builds.
About 2725 South Nellis Boulevard Unit 2152
This gorgeous condo located at Echo Bay in Las Vegas features a two bedrooms and two full bathrooms. The residence offers a cozy 1,029 square feet of living space. This home provides an inviting environment for daily living and routines in a convenient Las Vegas location. Contact me today to schedule a viewing and experience this condominium property in person.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $245 / 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 | - | 5,669.706 |
| Price | $229.0K | $221.6K |
| Price per sq ft | $223 | $210 |
| Built year | 1994 | 1996 |
| HOA | $245 | $254 |
| Days on market | 5 | 70 |
Pricing History
Listed for Sale
Oct 19, 2026
$229,000
Initial Listing
Sold
Jun 30, 1995
$75,500
Public Record