2781 Ferrin Road, Las Vegas, NV 89117, Las Vegas, 89117 - 2 bed, 2 bath
2781 Ferrin Road
Las Vegas, NV 89117
Property Price
SUMMARY
Analysis of 2781 Ferrin Road, Las Vegas, NV 89117 is currently available with a list price of $304,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, this townhouse is approximately 35 years old and fits the 'Fair' criteria as it has not undergone a recent comprehensive renovation. While the property is well-maintained and move-in ready with desirable features like vaulted ceilings and a private garage, the kitchen and bathrooms appear to feature older cabinetry, countertops, and fixtures consistent with its age. The property shows signs of being dated and would require cosmetic updates and potential system modernizations to meet current 'Excellent' or 'Good' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly sought-after 'The Lakes' community, this property is minutes from Downtown Summerlin, Red Rock National Park, and local trails, offering exceptional lifestyle convenience.
- Architectural Appeal
The interior features vaulted high ceilings that enhance the sense of space, complemented by private outdoor living areas including both a porch and a balcony.
- Low-Maintenance Lifestyle
This townhouse is ideal for those seeking a 'lock-and-leave' residence, as it requires no yard maintenance while still providing a private garage and community amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4475, other record lot size in square feet = 4015.
- Limited Parking and Storage
The inclusion of only a one-car garage may be a constraint for multi-vehicle households or those requiring significant additional storage space.
- Property Age
Built in 1989, the property may require updates to major systems or cosmetic finishes to align with modern energy efficiency and contemporary design trends.
About 2781 Ferrin Road
If location is everything, this property is the one you want! Located in one of the most sought-after areas in Las Vegas, The Lakes. This property is about 5 minutes from Downtown Summerlin, seven minutes from The Las Vegas Ball Park, and only 15 minutes away from the Red Rock National Park. It is a spacious 2-bedroom, 2-bathroom townhouse with a one-car private garage. You'll also enjoy vaulted high ceilings, a private porch, a balcony, and no yards to maintain or worry about. Located near walking trails, beautiful parks, and wonderful bodies of water. You must see this community to understand why it is so desired and people don't want to move once they live here!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1989
- Lot Size
- 4,475 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $285 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,005 | 1,566 | 7% |
| Lot Size | 4,475 | 2,178 | 93% |
| Price | $305.0K | $337.5K | 43% |
| Price per sq ft | $303 | $228 | 93% |
| Built year | 1989 | 1995 | 21% |
| HOA | $285 | $130 | 71% |
| Days on market | 51 | 266 | 4% |
Pricing History
Listed for Sale
Jan 15, 2026
$304,999
Initial Listing
Sold
Apr 18, 2002
$87,550
Public Record