4121 Gannet Circle 412, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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Las Vegas, NV 89103
This condo presents a High-Potential Investment Opportunity with a List Price of $161,500—positioned well above the $94,440 Fair Market Value by 71%. While the property requires modernization due to its Condition Rating of 5, it offers a strategic value-add play in a gated community with Resort-Style Amenities and Panoramic Skyline Views. The unit includes a Brand New Water Heater and Covered Parking, providing immediate utility. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a customizable entry point near the Las Vegas Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4121 Gannet Circle 412 Subject | $161,500* List Price | 1 | 1 | 612 | $161 | - |
A 3603 Di Salvo 148 Active | $169,900 List Price | 1 | 1 | 585 | $290 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1987 (37 years old) and retains original kitchen and bathroom cabinetry and tile countertops. While it features minor cosmetic updates like vinyl plank flooring and a brand new water heater, the core fixtures and finishes exceed the 30-year threshold without a full renovation, categorizing it as needing a rehab to meet modern standards.
Ideally situated minutes from Chinatown and the Las Vegas Strip, offering residents quick access to world-class dining, entertainment, and major freeway interchanges.
The gated community provides high-value features including a resort-style pool, spa, pickleball courts, and the rare availability of RV parking.
Priced competitively as the best deal in the community, the unit includes all appliances, a brand-new water heater, and covered parking, reducing initial move-in costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2842, other record lot size in square feet = 2304.
At just 612 square feet, the compact footprint may be a constraint for buyers requiring significant storage or a more spacious living area.
Marketed as a 'value-add opportunity,' the interior likely requires some modernization or aesthetic upgrades to meet contemporary design standards.
Exceptional value! Best deal in the community! This great condo is in the well-maintained gated community of Spring Oaks 2. Just a short walk to the resort-style pool, spa, pickleball courts, and clubhouse amenities! RV parking!! Minutes to Chinatown dining, world-class Strip entertainment, shopping, and freeway access. Primary bedroom has lots of natural light and en suite bath. Vinyl plank flooring in the kitchen and bath, plus a spacious tiled balcony with night views of Las Vegas lights. All appliances included. Washer and dryer in unit! Brand new water heater! Covered parking included. Whether you're an investor seeking a value-add opportunity or a buyer looking to make it your own, this is the one to see. Priced to sell—don't miss it!
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 612 | 877 | 9% |
| Lot Size | 2,842 | - | 63% |
| Price | $161.5K | $155.0K | 59% |
| Price per sq ft | $264 | $194 | 96% |
| Built year | 1987 | 1982 | 71% |
| HOA | $220 | $190 | 66% |
| Days on market | 38 | 1397 | 1% |
May 8, 2026
$161,500
Initial Listing