331 Misty Isle Lane B, Las Vegas, NV 89107, Las Vegas, 89107 - 1 bed, 2 bath
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Las Vegas, NV 89107
This Value-Add Loft Condominium is a strategic asset for the Las Vegas market. With a List Price of $150,000 and a Fair Market Value of $131,664, the pricing reflects the property's unique loft architecture and rare attached one-car garage. Currently holding a Condition Rating of 5, the "blank canvas" interior requires a comprehensive renovation to address functional obsolescence and maximize ROI. Featuring community pool access and zoning for Vail Pittman Elementary, the property offers significant forced appreciation potential. This project is ideal for Fix-and-Flip Investors or Contractors seeking a high-upside renovation project.
Property is extensive renovation needed.
Built in 1978 (46 years old) with no recorded renovations, the property is marketed as a 'blank canvas' requiring 'sweat equity.' This indicates the kitchen, baths, and systems likely need a full rehab to address dated conditions and potential functional obsolescence.
Positioned as a 'blank canvas' with significant sweat equity potential, this property is ideal for investors or flippers looking to add value in a competitive price bracket.
The inclusion of an attached one-car garage is a premium feature for a condominium of this size, providing added security and convenience for the resident.
The airy loft-style floor plan with 1.5 baths offers a modern, open-concept feel that stands out from traditional single-story condo units.
The property is marketed as needing customization and vision, suggesting that immediate and potentially costly updates are necessary to make it move-in ready.
At only 630 square feet, the compact living space may limit the property's appeal to a very specific niche of single occupants or couples.
UNLOCK THE POTENTIAL OF THIS UNIQUE 1/1.5 LOFT-STYLE GEM, PERFECTLY PRIMED FOR A SAVVY INVESTOR OR A CREATIVE HOMEOWNER READY TO BUILD SOME SWEAT EQUITY. THE BRIGHT, AIRY FLOOR PLAN OFFERS A STUNNING "BLANK CANVAS" LAYOUT, FEATURING A SPACIOUS PRIMARY BEDROOM ADD-ON IN THE LOFT AND THE CONVENIENCE OF AN ATTACHED ONE-CAR GARAGE. WHEN YOU AREN'T BUSY CUSTOMIZING YOUR DREAM RETREAT, YOU CAN ENJOY THE COMMUNITY’S REFRESHING POOL AND TENNIS COURTS OR EXPLORE THE NEARBY SHOPPING AND DINING HUBS. IF YOU HAVE THE VISION, THIS ONE-OF-A-KIND PROPERTY HAS THE BONES TO BECOME THE ULTIMATE MODERN SANCTUARY.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 630 | 660 | 24% |
| Lot Size | - | 748 | 35% |
| Price | $150.0K | $122.0K | 82% |
| Price per sq ft | $238 | $180 | 94% |
| Built year | 1978 | 1989 | 47% |
| HOA | $275 | $231 | 53% |
| Days on market | 69 | 594 | 6% |
Apr 7, 2026
$150,000
Initial Listing
Jul 26, 1996
$48,000
Public Record