
Las Vegas, NV 89102
This property presents a High-Potential Investment Opportunity with a List Price of $245,000—positioned well below the $277,757 Fair Market Value by 11%. This valuation gap offers $32,757 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates, providing a clear path to forced appreciation. Located in a guard-gated 55+ community, this is a value-add asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to customize their retirement residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2851 South Valley View Boulevard 1110 Subject | $245,000* List Price | 3 | 2 | 1,442 | $193 | - |
A 2851 S Valley View Boulevard 1130 Sold | $270,000 | 2 | 2 | 1,272 | $212 | 0.1 mi |
B 4720 Obannon Drive D Active | $219,900 List Price | 2 | 2 | 1,073 | $205 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995 (29 years old), this property is described as needing a 'personal touch' and 'renovation' to update finishes. Being sold 'as-is' and 'priced to reflect condition' indicates that the kitchen, baths, and systems are likely original and dated. It meets the 'Fair' criteria as it is over 20 years old and requires cosmetic updates and minor repairs to meet modern standards.
Located in the desirable Quail Estates West, this property offers enhanced security and a quiet, age-restricted environment with well-maintained grounds and community amenities.
Priced to reflect its current condition, this 3-bedroom home provides an excellent opportunity for investors or buyers to renovate and build equity through custom updates.
With 1,442 square feet and a 3-bedroom configuration, the floor plan is highly functional for a condominium, offering more space than typical units in this price range.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9454, other record lot size in square feet = 2704. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is being sold in as-is condition, requiring immediate investment in repairs and cosmetic updates to bring it to modern standards.
As an age-restricted 55+ community, the potential market for resale or occupancy is limited to a specific demographic, which may impact long-term liquidity.
Opportunity awaits in the guard-gated 55+ community of Quail Estates West! This 3-bedroom, 2-bath home offers a functional floor plan ready for your personal touch. Being sold as-is, this property presents an excellent opportunity for a buyer looking to renovate, customize, and create value. Whether you're looking to update the finishes to your taste or transform the space into your ideal retirement home, the possibilities are endless. Enjoy all the benefits of living in Quail Estates West, including community amenities, beautifully maintained grounds, and a convenient location near shopping, dining, entertainment, and easy freeway access. If you're looking for a home with potential in a desirable 55+ community, this is your chance to bring your vision to life. Priced to reflect condition and ready for its next owner.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,442 | - |
| Lot Size | 9,454 | - |
| Price | $245.0K | $217.2K |
| Price per sq ft | $170 | $219 |
| Built year | 1995 | 0 |
| HOA | $365 | $0 |
| Days on market | 29 | 828 |
Jun 23, 2026
$245,000
Initial Listing
Dec 1, 1997
$95,000
Public Record
Dec 29, 1995
$95,000
Public Record