2851 South Valley View Boulevard 1139B, Las Vegas, NV 89102, Las Vegas, 89102 - 2 bed, 3 bath
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2851 South Valley View Boulevard 1139B
Las Vegas, NV 89102
ACTIVE
CONDITION: FAIR
2Beds
3Baths
1,412Sq Ft
0Lot Size
Property Price
LIST PRICE$235,300
EST. MARKET VALUE
$242,917
3% BelowMARKET VALUE
SUMMARY
This Spacious Townhouse represents a High-Potential Investment Opportunity, listed at $235,300—positioned well below the $242,918 Fair Market Value by 3%. This valuation gap offers $7,618 in Instant Equity for the buyer. While the property maintains a Condition Rating of 4, its 1,412 sqft layout and proximity to Baskin Community Park provide strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property in a central Las Vegas location.
Estimated Market Value
$242,917+$7,617 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2851 South Valley View Boulevard 1139B Subject | $235,300* List Price | 2 | 3 | 1,412 | $172 | - |
A 2851 S VALLEY VIEW Boulevard 1130 Sold | $270,000 | 2 | 2 | 1,272 | $212 | 0.1 mi |
B 2851 S Valley View Boulevard 1175 Sold | $275,000 List Price | 3 | 2 | 1,412 | 0.1 mi | |
C 4511 Sirius Avenue Sold | $257,000 | 3 | 3 | 1,365 | $188 | 0.6 mi |
D 2851 S Valley View Boulevard 1112 Sold | $270,000 | 3 | 2 | 1,412 | $191 | 0.1 mi |
E 2851 S Valley View Boulevard 1130 Sold | $270,000 | 2 | 2 | 1,272 | $212 | 0.1 mi |
F 2851 S Valley View Boulevard 1019 Sold | $255,000 | 3 | 2 | 1,442 | $177 | 0.1 mi |
G 2851 South Valley View Boulevard 1132A Active | $268,999 List Price | 3 | 3 | 1,412 | $191 | 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 1990 (34 years old), the property is well-maintained but dated. Interior images show original-style oak cabinetry and tile countertops in the bathrooms, and while the living area has updated laminate flooring, the overall aesthetic and systems are likely nearing the end of their functional lifespan, requiring modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated just 5 minutes from Palace Station and major dining hubs, this property offers exceptional convenience for entertainment and commuting in the heart of Las Vegas.
- Generous Living Space
With 1,412 square feet and a three-bathroom configuration for a two-bedroom unit, the home provides a spacious and functional layout rarely found in this price bracket.
- Community & Recreational Amenities
Residents benefit from on-site pool and park access, plus immediate proximity to Baskin Community Park’s pickleball courts and splash pads.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $365 is relatively high compared to the listing price, which may impact the overall monthly affordability for budget-conscious buyers.
- Property Age
Built in 1990, the property may require updates to major systems or cosmetic finishes to meet modern standards and improve energy efficiency.
About 2851 South Valley View Boulevard 1139B
Welcome to this well maintained, well-designed layout townhome located in the desirable Quail Estates community. Residents have access to a community pool and park, adding to the lifestyle appeal. Conveniently situated just 5 minutes from Baskin Community Park, featuring pickleball courts, a splash pad, pond, and playground. You’re also only 5 minutes from Palace Station Casino and a variety of top-rated dining options, making this home an ideal blend of comfort, convenience, and location.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1990
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $365 / Month
Neighborhood Insights
Las Vegas Unified Schools
Vegas Verdes Elementary School
Grades PK-5 • 0.7 mi
6/10
Dr. C Owen Roundy Elementary School
Grades PK-5 • 1.2 mi
4/10
Elaine Wynn Elementary School
Grades PK-5 • 1.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,412 | 1,414.01 |
| Lot Size | - | 2,178 |
| Price | $235.3K | $333.8K |
| Price per sq ft | $167 | $236 |
| Built year | 1990 | 1997 |
| HOA | $365 | $202 |
| Days on market | 36 | 70 |
Pricing History
Listed for Sale
Aug 4, 2026
$235,300
Initial Listing