
Henderson, NV 89074
This Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $230,000—positioned well below the $232,360 Fair Market Value by 1%. This valuation gap offers $2,360 in Instant Equity. While the property holds a Fair Condition Rating due to dated interiors, it features recent major upgrades including a 2020 HVAC and 2023 roof. With resort-style amenities and an Attached One-Car Garage, this unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2975 Bluegrass Lane 523 Subject | $230,000* List Price | 2 | 2 | 1,091 | $213 | - |
A 2975 BLUEGRASS Lane 1421 Sold | $260,000 | 2 | 2 | 1,282 | $203 | 0.0 mi |
B 2975 BLUEGRASS Lane 1622 Sold | $253,000 | 2 | 2 | 1,091 | $232 | 0.1 mi |
C 2975 Bluegrass Lane 521 Active | $269,000 List Price | 2 | 2 | 1,282 | $210 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the interior is dated with original-style oak cabinetry and worn teal carpeting that needs replacement. While the major systems are excellent (HVAC replaced in 2020 and roof in 2023), the living spaces require cosmetic updates to move beyond a 'Fair' rating.
The property features a new air conditioning system installed in 2020 and a complex-wide roof replacement in 2023, significantly reducing the risk of immediate capital expenditures for the buyer.
Unlike many condominiums, this unit includes an attached one-car garage for secure parking and storage, complemented by a functional 1,091 sqft floor plan with two full bathrooms.
Located in a gated Henderson community, the property offers resort-style amenities including a pool, spa, and fitness center, while maintaining close proximity to the airport and local shopping hubs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1091, other record lot size in square feet = 3192.
As an upstairs residence, the unit may be less desirable for buyers with mobility concerns or those specifically seeking the convenience of ground-level access.
The monthly association fee of $340 represents a significant recurring carrying cost that buyers must factor into their overall monthly affordability and debt-to-income ratios.
Great Location! Discover an exceptional lifestyle opportunity in Henderson, where comfort and convenience converge seamlessly in this charming upstairs residence. This home offers a harmonious blend of well-appointed living spaces and a vibrant community atmosphere, providing an ideal setting for both relaxation and engagement. The thoughtfully designed single-story layout enhances accessibility and flow, creating an inviting environment for everyday living. Experience the ease of a floor plan encompassing two spacious bedrooms and two full bathrooms, offering ample private retreats. With 1,091 square feet of living area, this home provides comfortable dimensions for a variety of needs. An attached one-car garage adds to the property's practical appeal, offering secure parking and additional storage. Modern comfort is assured with an air conditioning system replaced in 2020, while the entire complex benefited from a roof replacement in 2023, enhancing long-term durability. Nestled in a desirable Henderson location, residents benefit from proximity to local amenities, including shopping and restaurants, and are just minutes from the airport. The community itself boasts a resort-style pool and spa, along with a fitness center and beautiful landscaping, all within a secure, gated environment, fostering a dynamic neighborhood experience. This property represents a unique chance to embrace a serene yet connected way of life in a coveted area.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,091 | - |
| Lot Size | 1,091 | - |
| Price | $230.0K | $276.9K |
| Price per sq ft | $211 | $246 |
| Built year | 1993 | 0 |
| HOA | $340 | $0 |
| Days on market | 24 | 2196 |
Jun 28, 2026
$230,000
Initial Listing