4140 Gannet Circle 251, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
4140 Gannet Circle 251
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 4140 Gannet Circle 251, Las Vegas, NV 89103 is currently available with a list price of $169,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant recent upgrades including a brand-new A/C unit (2024) and a new water heater. The kitchen has been updated with modern stone countertops and stainless steel appliances, and the interior features updated laminate flooring. While the building dates to 1987, these key system replacements and cosmetic updates to the kitchen and bathroom elevate the condition above fair.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Entertainment Location
The property is ideally situated near the Las Vegas Strip, Chinatown, and major venues like Allegiant Stadium and T-Mobile Arena, offering exceptional access to world-class dining and entertainment.
- Recent Mechanical Upgrades
With a brand-new A/C unit installed in 2024 and a new water heater tank, the home offers improved energy efficiency and reduced immediate maintenance costs for the buyer.
- Resort-Style Amenities
Located in a gated community, residents benefit from extensive recreational facilities including a pool, spa, tennis courts, and basketball courts, enhancing the overall lifestyle value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2066, other record lot size in square feet = 2304.
- Aging Construction
Built in 1987, the unit and community infrastructure may require more frequent maintenance or cosmetic updates compared to newer condominium developments in the valley.
- Modest School Ratings
The assigned public schools for this address currently hold lower ratings (4/10), which may be a consideration for families prioritizing high-performing educational districts.
About 4140 Gannet Circle 251
The unit is in a gated community, has a pool and spa, tennis court, basketball court, barbecue area where you can hang out with your family and friends. The A/C unit replaced in 2024 and brand new water heater tank. Near Hotels and Casinos, Shopping Center, China Town, T-mobile Arena, Allegiant Stadium and many more to keep you entertained.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 2,066 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200 / Month
Neighborhood Insights
Las Vegas Unified Schools
Rex Bell Elementary School
Grades PK-5 • 1.5 mi
Grant Sawyer Middle School
Grades 6-8 • 3.3 mi
Ed W Clark High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 34% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 724 | 884 | 32% |
| Lot Size | 2,066 | 700 | 61% |
| Price | $169.0K | $157.0K | 57% |
| Price per sq ft | $233 | $197 | 86% |
| Built year | 1987 | 1984 | 60% |
| HOA | $200 | $195 | 50% |
| Days on market | 176 | 655 | 18% |
Pricing History
Listed for Sale
Sep 12, 2025
$169,000
Initial Listing