4140 Gannet Circle 251, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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Las Vegas, NV 89103
This Strong Value Opportunity is a 1-bedroom condominium listed at $168,000, positioned above the $158,404 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 4, bolstered by a brand new 2024 AC unit and water heater. Its prime location near the Las Vegas Strip and Allegiant Stadium ensures high rental demand. With a ground-floor layout and private balcony, this unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a centrally located, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4140 Gannet Circle 251 Subject | $168,000* List Price | 1 | 1 | 724 | $219 | - |
A 4241 GANNET 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.1 mi |
B 4241 Gannet Circle 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.1 mi |
C 4191 Gannet Circle 234 Active | $170,000 List Price | 1 | 1 | 612 | $278 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property is over 30 years old and remains largely dated with original oak cabinetry, tile countertops, and older bathroom fixtures. While it benefits significantly from a brand new 2024 HVAC unit and water heater, the interior requires cosmetic updates to the kitchen and bath to meet modern standards.
The property is exceptionally located minutes from the Las Vegas Strip, Allegiant Stadium, and Chinatown, offering high desirability for both residents and potential tenants.
Featuring a brand new 2024 AC unit and a new water heater, the home offers significant value and peace of mind regarding immediate maintenance costs.
This ground-floor unit provides easy access and is situated within a gated community that boasts comprehensive amenities including a pool, spa, and sports courts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =721, other record lot size in square feet = 2304.
The presence of carpet throughout the living areas may be seen as dated by modern buyers, potentially requiring an additional investment for flooring upgrades.
With only one bedroom and 724 square feet, the property appeals to a narrower demographic compared to larger multi-bedroom units in the same submarket.
Super Great Location! Cozy 1Bed 1Bath Ground Floor Condo Centrally Located In A Gated Community. This Open Layout Condo Unit Comes With Carpet Throughout And Tile Flooring In The Wet Areas. Living Room Is Paired With A West Facing Balcony With Tons Of Natural Light In The Afternoon. Laundry Is Located Within The Unit In The Hallway. Mins To The Strip And Close To Everything Including Rio Casino, Palms Casino, T-Mobile Arena, Allegiant Stadium And China Town. Plenty Of Community Guest Parking Spaces. Also Comes With An Assigned Covered Parking. Community Features Pool, Spa, Tennis Court, Basketball And BBQ Area. Unit Is Close To Community Pool and Spa. Easy Access to I-15 Freeway And The Famous Vegas Strip. And Also Brand New 2024 AC Unit And Brand New Water Heater.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 724 | - |
| Lot Size | 721 | - |
| Price | $168.0K | $217.2K |
| Price per sq ft | $232 | $219 |
| Built year | 1987 | 0 |
| HOA | $200 | $0 |
| Days on market | 29 | 828 |
Jun 23, 2026
$168,000
Initial Listing