
Las Vegas, NV 89103
This Spacious 2-Bedroom Condominium represents a stable entry into the Las Vegas market, listed at $199,888—positioning it right at its $198,653 Fair Market Value. Holding a Condition Rating of 4, the residence features unique character accents like a brick-surround gas fireplace and a private gated patio. While functional, the unit offers clear upside through cosmetic modernization of its 1988 finishes. Situated near the Strip and Rating 4 schools including Ed W Clark High and Rex Bell Elementary, it balances location with affordability. This is an ideal opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4151 Gannet Circle 377 Subject | $199,888* List Price | 2 | 2 | 1,008 | $197 | - |
A 4131 Gannet Circle 389 Sold | $195,000 | 2 | 2 | 964 | $202 | 0.0 mi |
B 4350 SANDERLING Circle 71 Sold | $167,999 List Price | 2 | 2 | 1,008 | 0.2 mi | |
C 4241 Gannet Circle 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.1 mi |
D 4241 GANNET 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.1 mi |
E 4240 Gannet Circle 221 Sold | $230,000 | 2 | 2 | 981 | $234 | 0.1 mi |
F 3681 Melonies Drive 31 Active | $199,900 List Price | 2 | 2 | 828 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1988, falls into the fair category as it is over 30 years old and shows visible signs of age and wear. While the description highlights some positive features like a gas fireplace and recessed lighting, the images reveal dated popcorn ceilings and significant wear on interior components, such as a damaged and poorly patched bedroom door. The unit appears functional but requires minor cosmetic updates and repairs to meet modern move-in ready standards.
The living room features a unique gas fireplace with a brick, stone, and oak mantle, complemented by double French doors that add significant character and warmth to the home.
The property includes a spacious, security-gated patio, providing a rare level of private outdoor living and enhanced security for a condominium unit.
Listed under $200,000 for a 2-bedroom, 2-bathroom layout, this property represents an excellent entry-level opportunity for first-time buyers or rental investors in the Las Vegas market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3436, other record lot size in square feet = 2304.
Built in 1988, the property may require future capital expenditures for aging mechanical systems or common area maintenance typical of older condominium complexes.
The local public schools are rated at a 4 out of 10, which may be a limiting factor for families seeking top-tier educational performance in their immediate neighborhood.
Charming & spacious with a gas fireplace in Living Room surround by brick, stone, and oak mantle, double French doors leading to a spacious security-gated patio. The kitchen has recessed lighting and a separate dining area, and tile flooring. New blinds are on order and will be installed shortly.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,008 | 884 | 66% |
| Lot Size | 3,436 | 1 | 66% |
| Price | $199.9K | $158.5K | 70% |
| Price per sq ft | $198 | $195 | 54% |
| Built year | 1988 | 1983 | 73% |
| HOA | $200 | $188 | 56% |
| Days on market | 110 | 1176 | 5% |
Jan 2, 2026
$199,888
Initial Listing
Sep 30, 1996
$79,000
Public Record