3823 South Maryland Parkway P1, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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3823 South Maryland Parkway P1
Las Vegas, NV 89119
ACTIVE
CONDITION: GOOD
2Beds
2Baths
892Sq Ft
897Lot Size
Property Price
LIST PRICE$168,000
EST. MARKET VALUE
$175,994
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $176,000—positioned well below the $178,003 Fair Market Value by 1%. Featuring a Condition Rating of 3, the unit offers modern upgrades including Granite Kitchen Counters and new appliances. Its ground-floor, dual-suite layout provides a low-maintenance lifestyle near UNLV and the Strip. While school ratings are modest, the property’s central location and move-in ready status make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, centrally located residence.
Estimated Market Value
$175,994+$7,994 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3823 South Maryland Parkway P1 Subject | $168,000* List Price | 2 | 2 | 892 | $197 | - |
A 3823 South Maryland Parkway P4 Sold | $185,000 | 2 | 2 | 892 | $207 | 0.0 mi |
B 3823 South Maryland Parkway K10 Active | $165,000 List Price | 2 | 2 | 892 | $185 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates to 1984, the unit is well-maintained and move-in ready. It features significant updates including granite countertops, brand-new kitchen appliances, and stylish tile flooring throughout. Although some elements like popcorn ceilings are dated, the overall condition is functional and turn-key.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in a gated community just minutes from the Las Vegas Strip and UNLV, offering exceptional convenience for students, professionals, and investors.
- Modern Interior Upgrades
The unit features high-quality finishes including granite countertops, brand-new appliances, and stylish tile flooring throughout for a turn-key, low-maintenance lifestyle.
- Functional Dual-Suite Layout
The ground-floor, no-stairs configuration includes two spacious bedrooms each with its own private bathroom, making it an ideal setup for roommates or guests.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =897, other record lot size in square feet = 972.
- Low School Ratings
The assigned public schools for this area have low performance ratings (2/10 and 3/10), which may deter families prioritizing education quality.
- Aging Infrastructure
Built in 1984, the property may require more frequent maintenance of common areas and building systems compared to newer condominium developments.
About 3823 South Maryland Parkway P1
Welcome to this beautifully updated ground-floor 2-bedroom, 2-bath condo in the gated French Oaks community—an exceptional opportunity for a first-time buyer, investor, or anyone looking for a low-maintenance Las Vegas home in a convenient location. This turnkey residence offers an inviting open living space with updated flooring, granite countertops, new appliances, and a functional layout designed for comfortable everyday living. The ground-floor location means no stairs, making access especially convenient. The primary bedroom features its own private bath, while the second bedroom provides flexibility for guests, a home office, or roommates. Enjoy the benefits of a gated community with well-maintained grounds and community amenities, all while being just minutes from UNLV, the Las Vegas Strip, shopping, dining, entertainment, and major transportation routes. Whether you’re looking for your first home, a convenient Las Vegas getaway, or an investment property, this condo offers an outstanding combination of location, updates, and value. Priced competitively at $169,900—come see why this is one of the best 2-bedroom values in French Oaks.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 897 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $255 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruby S Thomas Elementary School
Grades PK-5 • 0.7 mi
2/10
William E Orr Middle School
Grades 6-8 • 0.6 mi
3/10
Valley High School
Grades 9-12 • 1.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 892 | 1,059.468 |
| Lot Size | 897 | 6,055.359 |
| Price | $168.0K | $225.8K |
| Price per sq ft | $188 | $213 |
| Built year | 1984 | 1996 |
| HOA | $255 | $254 |
| Days on market | 37 | 71 |
Pricing History
Listed for Sale
Sep 8, 2026
$168,000
$169,900
-1% Price Drop
Initial Listing
Price Change
Aug 22, 2026
$169,900
$174,900
-3% Price Drop
Initial Listing
Price Change
Aug 11, 2026
$174,900
$176,000
-1% Price Drop
Initial Listing
Price Change
Aug 3, 2026
$176,000
Initial Listing