3125 North Buffalo Drive 1131, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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Las Vegas, NV 89128
This Turnkey Condominium represents a Strong Value Opportunity, listed at $202,800—positioned well below the $225,640 Fair Market Value by 10%. This valuation gap provides $22,840 in Instant Equity. Featuring a Mint Condition Rating with 2023 HVAC and water heater upgrades, this unit includes a private patio and modern finishes. Located near top-rated schools like Palo Verde High, it offers a balanced lifestyle for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, high-value asset in Desert Shores.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3125 North Buffalo Drive 1131 Subject | $202,800* List Price | 2 | 2 | 1,025 | $220 | - |
A 3125 N BUFFALO Drive 2074 Sold | $215,000 | 2 | 2 | 1,025 | $210 | 0.1 mi |
B 3125 N Buffalo Drive 1090 Sold | $225,000 | 2 | 2 | 1,025 | $220 | 0.1 mi |
C 3125 N Buffalo Drive 2074 Sold | $215,000 | 2 | 2 | 1,025 | $210 | 0.1 mi |
D 3151 Soaring Gulls Drive 1129 Sold | $155,000 | 2 | 2 | 1,074 | $144 | 0.9 mi |
E 3151 Soaring Gulls Drive 1129 Sold | $155,000 | 2 | 2 | 1,074 | $144 | 0.9 mi |
F 3150 Soft Breezes Drive 1182 Sold | $220,000 | 2 | 2 | 981 | $224 | 0.1 mi |
G 3125 N Buffalo Drive 2121 Pending | $235,000 List Price | 2 | 2 | 1,025 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1998, the property underwent a significant renovation within the last 5 years. Key systems including the HVAC and water heater were replaced in 2023. The interior features updated bathrooms, new appliances, and modern flooring, meeting the criteria for a mint-condition, move-in ready home with no immediate maintenance required.
Priced aggressively at $202,800, this property sits significantly below market value, offering one of the most affordable entry points into the desirable Desert Shores community in years.
The unit features high-value mechanical upgrades including a brand-new A/C system and water heater installed in 2023, minimizing immediate post-purchase maintenance expenses.
This move-in-ready downstairs unit is fully updated with new appliances, renovated bathrooms, and a reverse osmosis water system, making it ideal for immediate occupancy or rental.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7581, other record lot size in square feet = 1936.
As a downstairs unit in a multi-story condominium complex, the property is susceptible to noise transfer from residents living on the floors above.
While the interior is updated, the 1998 construction means the overall building and community infrastructure are over 25 years old, which may lead to future HOA maintenance assessments.
Incredible value in desirable Desert Shores! This beautifully maintained downstairs unit is completely move-in ready and priced aggressively below market value—making it one of the lowest-priced opportunities in the community in years! Enjoy ultimate peace of mind with big-ticket upgrades already done, including a brand-new A/C system and water heater installed in 2023. The pristine interior features thoughtfully updated bathrooms, new blinds, new appliances, and a convenient reverse osmosis (RO) water system throughout. Perfectly situated in a prime Northwest location, you're just minutes from excellent shopping, dining, entertainment, and major freeways for an effortless daily commute. Whether you are a first-time buyer, looking to downsize, or an investor seeking an updated, high-value property, this rare find checks all the boxes. Don't miss out on this exceptional Desert Shores gem!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,025 | 1,074 | 42% |
| Lot Size | 7,581 | 3 | 88% |
| Price | $202.8K | $191.5K | 55% |
| Price per sq ft | $198 | $215 | 41% |
| Built year | 1998 | 1995 | 89% |
| HOA | $296 | $192 | 78% |
| Days on market | 26 | 901 | 1% |
May 19, 2026
$202,800
Initial Listing
Sep 25, 1998
$84,500
Public Record