4068 Crete Lane A, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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4068 Crete Lane A
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,131Sq Ft
2,880Lot Size
Property Price
LIST PRICE$238,000
EST. MARKET VALUE
$217,428
9% AboveMARKET VALUE
SUMMARY
This two-story condominium represents a High-Potential Investment Opportunity, listed at a List Price of $240,000—positioned well above the $229,786 Fair Market Value by -4%. While the property requires modernization due to its Condition Rating of 4, it offers a functional layout with three private balconies and community pool access. Located near Kenny C Guinn Middle School, this asset provides a strategic entry point for Buy-and-Hold Investors or first-time buyers seeking to build value through cosmetic updates in a prime Las Vegas location.
Estimated Market Value
$217,428
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 |
|---|---|---|---|---|---|---|
★ 4068 Crete Lane A Subject | $238,000* List Price | 2 | 2 | 1,131 | $192 | - |
A 4013 Nook Way A Sold | $210,000 | 2 | 2 | 1,131 | $186 | 0.1 mi |
B 5267 Lisagayle Court 136 Sold | $219,000 | 2 | 2 | 1,080 | $203 | 0.8 mi |
C 5404 River Glen Drive 361 Sold | $178,500 | 2 | 2 | 978 | $183 | 0.4 mi |
D 5576 W Rochelle Avenue 32A Sold | $209,000 | 2 | 2 | 1,058 | $198 | 0.4 mi |
E 5221 River Glen Drive 195 Sold | $180,000 | 2 | 2 | 978 | $184 | 0.4 mi |
F 4054 Crete Lane D Active | $215,000 List Price | 2 | 2 | 1,141 | $188 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984, the property is functional but dated. The kitchen features older white tile countertops and appliances, and the bathrooms show original-style cultured marble surrounds. While the unit is move-in ready with some updated flooring, the primary finishes are over 20 years old and need modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just moments from the Las Vegas Strip, this property offers a perfect balance of quiet residential living with immediate access to world-class dining, shopping, and major freeways.
- Exceptional Outdoor Space
The unit features three private balconies and a covered patio, providing an unusually high amount of private outdoor living space for a condominium of this size.
- Functional Two-Story Layout
The 1,131-square-foot floor plan is thoughtfully distributed over two levels, creating a sense of privacy and separation between living areas and bedrooms while maximizing natural light.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1984, the interior may require cosmetic updates or appliance upgrades to meet modern aesthetic standards, as the listing highlights basic features like practical blinds.
- Recurring Association Costs
The monthly association fee of $325 adds a significant fixed cost to the ownership budget, which may impact the overall affordability for some entry-level buyers or investors.
About 4068 Crete Lane A
Discover a tranquil retreat perfectly situated moments from the vibrant energy of the Las Vegas Strip, offering an exceptional blend of excitement and serene living. This inviting two-bedroom, two-bathroom condominium, spread over two stories, presents a unique opportunity in a coveted location. The thoughtfully designed floor plan spans 1131 square feet, featuring spacious living areas bathed in abundant natural light, ensuring comfort and relaxation. Enjoy the seamless transition to outdoor living with three private balconies, providing ample space for entertaining or simply unwinding amidst the beautiful Nevada climate. Interior details include practical blinds and comforting ceiling fan(s), while a microwave is included for culinary convenience. Residents benefit from access to a community pool, ideal for cooling off and unwinding throughout the year, tennis courts and so much more! This residence offers convenient access to an array of dining, shopping, entertainment, and major freeways, making it an excellent choice for a primary residence, vacation escape, or a valuable investment. Embrace a lifestyle where the best of Las Vegas is within easy reach, all within a peaceful and quiet community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 2,880 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $325 / Month
Neighborhood Insights
Las Vegas Unified Schools
C H Decker Elementary School
Grades PK-5 • 1.5 mi
4/10
Kenny C Guinn Middle School
Grades 6-8 • 1.1 mi
5/10
Ed W Clark High School
Grades 9-12 • 1.6 mi
4/10
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 | 1,131 | 1,059.468 |
| Lot Size | 2,880 | 6,055.359 |
| Price | $238.0K | $225.8K |
| Price per sq ft | $210 | $213 |
| Built year | 1984 | 1996 |
| HOA | $325 | $254 |
| Days on market | 79 | 71 |
Pricing History
Listed for Sale
Jul 29, 2026
$238,000
$240,000
-1% Price Drop
Initial Listing
Price Change
Jun 22, 2026
$240,000
Initial Listing