
Las Vegas, NV 89128
This Turnkey Investment Property is listed at $255,000, positioned near its $231,751 Fair Market Value. Featuring a Tenant in Place, this asset ensures immediate rental income within the highly-amenitized Desert Shores community. The home holds a Condition Rating of 4, offering a functional 3-bedroom layout with granite countertops and stainless steel appliances. Residents enjoy exclusive access to Resort-Style Amenities including lakes and a beach lagoon, plus proximity to Top-Rated Schools like Palo Verde High. This is a stable acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3151 Soaring Gulls Drive 2101 Subject | $255,000* List Price | 3 | 2 | 1,109 | $209 | - |
A 3151 Soaring Gulls Drive 2050 Sold | $224,900 List Price | 2 | 2 | 1,074 | 0.0 mi | |
B 3151 Soaring Gulls Drive 2162 Sold | $210,000 List Price | 2 | 2 | 1,071 | 0.2 mi | |
C 3151 Soaring Gulls Drive 1179 Sold | $234,000 | 2 | 2 | 1,074 | $218 | 0.1 mi |
D 3151 SOARING GULLS Drive 1179 Sold | $234,000 | 2 | 2 | 1,074 | $218 | 0.1 mi |
E 3151 Soaring Gulls Drive 2200 Sold | $234,000 | 2 | 2 | 1,074 | $218 | 0.1 mi |
F 3150 Soft Breezes Drive 2005 Sold | $199,200 | 3 | 2 | 1,056 | $189 | 0.7 mi |
G 3151 Soaring Gulls Drive 2092 Active | $235,000 List Price | 3 | 2 | 1,109 | $212 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is well-maintained but shows its age with original features like popcorn ceilings and older cabinetry. While the kitchen has been partially updated with granite countertops and stainless steel appliances, and some rooms feature newer laminate flooring, the carpeting in the hallways and bedrooms appears worn. It meets the 'fair' criteria as an aged home with occasional updates that remains functional but requires further modernization.
Located in the prestigious Desert Shores community, residents enjoy access to unique amenities including scenic lakes for paddleboarding, a beach-style lagoon, and multiple swimming pools.
This property serves as a turnkey investment opportunity with a tenant already in place, ensuring immediate cash flow for the buyer from day one.
The HOA fee covers water, sewer, and trash, and the all-electric nature of the unit eliminates gas bills, providing a more predictable monthly expense profile.
Built in 1989, the property may require more frequent maintenance or future capital improvements to major systems compared to newer condominium developments.
The $369 monthly association fee is a significant recurring expense that could impact the overall net return on investment for a landlord.
GREAT INVESTMENT OPPORTUNITY with a TENANT IN PLACE !! Welcome to this well maintained home featuring 3 Beds and 2 Baths in the desirable Desert Shores community. Desert Shores features scenic walking paths and several lakes ideal for paddleboarding, paddle boats, and even volleyball. Residents can enjoy picnic areas and a Beach Style Lagoon with sandy shores, exclusively available to Desert Shores HOA members. Within the Desert Shores Villas condo complex, you'll find not just one, but two additional swimming pools, along with a convenient on-site gym. The HOA covers water, sewer, trash, and since the unit is all-electric, there is no gas bill. Come see this lovely unit today!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,109 | 1,025 | 63% |
| Lot Size | 1,109 | 766 | 57% |
| Price | $255.0K | $189.8K | 85% |
| Price per sq ft | $230 | $210 | 78% |
| Built year | 1989 | 1993 | 34% |
| HOA | $369 | $174 | 96% |
| Days on market | 343 | 1404 | 34% |
May 14, 2025
$255,000
Initial Listing