
Las Vegas, NV 89129
This Condominium Asset is a High-Potential Investment Opportunity, listed at $245,500—positioned above the $234,834 Fair Market Value. While the property carries a Fair Condition Rating due to its original 2003 finishes, it offers immediate value through its gated community amenities, including a Pool and Spa. Located near the 215 Beltway and top-rated schools like Eileen Conners Elementary, this unit provides a stable foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3822 Ormond Beach Street 101 Subject | $245,500* List Price | 2 | 2 | 1,024 | $229 | - |
A 10241 Delray Beach Avenue 201 Sold | $225,000 | 2 | 2 | 1,260 | $179 | 0.1 mi |
B 3812 Ormond Beach Street 203 Sold | $276,500 | 3 | 2 | 1,232 | $224 | 0.0 mi |
C 10550 W Alexander Road 1040 Sold | $250,000 | 2 | 2 | 1,184 | $211 | 0.6 mi |
D 10550 W Alexander Road 2133 Sold | $265,000 | 2 | 2 | 1,172 | $226 | 0.7 mi |
E 10550 West Alexander Road 2060 Sold | $227,900 | 1 | 1 | 821 | $278 | 0.6 mi |
F 10190 Deerfield Beach Avenue 202 Sold | $278,000 | 3 | 2 | 1,260 | $221 | 0.2 mi |
G 3325 Cactus Shadow Street 104 Sold | $249,900 | 3 | 2 | 1,223 | $204 | 1.0 mi |
H 3855 WIGGINS BAY Street 103 Sold | $275,000 | 2 | 2 | 1,190 | $231 | 0.1 mi |
I 3812 Ormond Beach Street 201 Active | $220,000 List Price | 2 | 2 | 1,110 | $198 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (23 years old), the property falls into the Fair category as it exceeds the 20-year mark without a full renovation. While it features fresh paint and updated polished flooring, the kitchen remains dated with original oak cabinetry, laminate countertops, and older white appliances.
Welcome to FRESHLY PAINTED 3822 Ormond Beach Street, Unit 101 in the wonderful gated community of Lone Mountain Condos! Speaking of Lone Mountain, you're in the shadow of the Lone Mountain and have easy and convenient access to the 215 Beltway. Nearby parks, recreation, shopping, dining and more are augemented the Gate Community and its own Pool and Spa! The condo itself is located downstairs and on the east side of the condo building which shields the bulk of the unit from the western setting sun. You're just a short drive from Downtown Summerlin and a reasonable drive to Mount Charleston and Red Rock Recreation Area. Do not miss this incredible property!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,024 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $245.5K | $225.8K |
| Price per sq ft | $240 | $213 |
| Built year | 2003 | 1996 |
| HOA | $319 | $254 |
| Days on market | 13 | 71 |
Aug 27, 2026
$245,500
Initial Listing