
Las Vegas, NV 89117
This 2-bedroom condominium is a Strong Value Opportunity, listed at $249,000—positioned well below the $268,753 Fair Market Value by 7%. This valuation gap offers $19,753 in Instant Equity for the buyer. With a Fair Condition Rating, the property features a functional layout, an attached 1-car garage, and access to a community pool and spa. Its proximity to Downtown Summerlin ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-driven entry into a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3327 Erva Street 105 Subject | $249,000* List Price | 2 | 2 | 1,220 | $220 | - |
A 3320 S Fort Apache Road 223 Sold | $220,000 List Price | 2 | 2 | 1,149 | 0.2 mi | |
B 3320 FORT APACHE Road 101 Sold | $260,000 | 2 | 2 | 1,149 | $226 | 0.2 mi |
C 3320 S Fort Apache Road 132 Sold | $220,000 List Price | 2 | 2 | 1,149 | 0.2 mi | |
D 3455 Erva Street 219 Sold | $235,000 | 2 | 2 | 1,072 | $219 | 0.2 mi |
E 3320 S Fort Apache Road 239 Sold | $235,150 | 2 | 2 | 1,149 | $205 | 0.2 mi |
F 3327 Erva Street 130 Active | $310,000 List Price | 2 | 2 | 1,220 | $254 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the 'Fair' category as it exceeds the 20-year mark without evidence of a major recent renovation. While the listing describes it as well-maintained and move-in ready, the interior images show dated tile flooring, basic fixtures, and original architectural features that would benefit from cosmetic updates.
Situated in a gated community near Summerlin and Downtown Summerlin, the property offers exceptional access to high-end shopping, dining, and major transportation routes.
The inclusion of an attached 1-car garage provides significant added value, security, and storage space, which is a premium feature for condominium living.
With 1,220 square feet, an open floor plan, and a dedicated pantry, the interior design maximizes living space and natural light compared to typical 2-bedroom units.
Built in 1998, the property may feature dated cosmetic finishes or original mechanical systems that could require modernization to meet current energy efficiency standards.
The $260 monthly association fee increases the total cost of ownership and may be subject to future assessments typical of aging gated communities.
Get excited for this well-maintained 2-bedroom, 2-bath condo offering comfort, convenience, and a desirable location within a gated community near Summerlin. The home features an attached 1-car garage and ample guest parking for residents and visitors alike. Inside, you'll find an open and functional floor plan filled with natural light. The living area is centered around the fireplace and flows seamlessly into the kitchen, which offers generous cabinet space, a pantry, and plenty of room for everyday living and entertaining. Both bedrooms are spacious and feature ceiling fans for added comfort. The primary suite includes an ensuite bathroom with a shower/tub combo specially built. Thoughtful design and a practical layout make this home move-in ready and easy to enjoy. Residents benefit from a community pool and spa, and a location close to shopping, dining (close to Downtown Summerlin), parks, and major transportation routes. Whether you're looking for a primary residence, a second home, or an investment opportunity, this condo offers excellent value in a sought-after Las Vegas location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,220 | - |
| Lot Size | 2,630 | - |
| Price | $249.0K | $217.2K |
| Price per sq ft | $204 | $219 |
| Built year | 1998 | 0 |
| HOA | $260 | $0 |
| Days on market | 52 | 828 |
May 31, 2026
$249,000
Initial Listing
Oct 15, 1998
$92,500
Public Record