4228 Kona Coast Way, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 3 bath
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4228 Kona Coast Way
Las Vegas, NV 89121
ACTIVE
CONDITION: POOR
2Beds
3Baths
1,152Sq Ft
2,178Lot Size
Property Price
LIST PRICE$199,900
EST. MARKET VALUE
$186,071
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $199,900—positioned well below the $186,071 Fair Market Value by -7%. Featuring a rare three-bathroom layout for a two-bedroom unit, the home requires significant updates given its Poor Condition Rating. While the local school district ratings are modest, the functional floor plan and accessible entry price provide a clear path for value-add renovations. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through strategic rehabilitation.
Estimated Market Value
$186,071
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 |
|---|---|---|---|---|---|---|
★ 4228 Kona Coast Way Subject | $199,900* List Price | 2 | 3 | 1,152 | $162 | - |
A 4060 Gold Coast Drive Active | $245,000 List Price | 3 | 2 | 1,260 | $194 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 (50+ years old) and explicitly marketed as a 'fixer upper,' indicating the need for significant rehab. The bathroom is dated with older oak-style cabinetry and basic fixtures, and the exterior shows an aged rooftop HVAC unit. It meets the 'Poor' criteria as it requires more than minor cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Pricing
Listed at $199,900, this property offers a highly accessible entry point into the Las Vegas market, providing excellent value for a two-bedroom townhouse.
- Investment Potential
Marketed as a fixer-upper, this home presents a significant opportunity for investors or DIY buyers to build equity through strategic renovations.
- Functional Layout
The floor plan features a rare three-bathroom configuration for a two-bedroom unit, offering enhanced privacy and convenience for residents and guests.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
The property is in need of repairs and updates, which will require additional capital investment and time immediately following the purchase.
- School District Ratings
The assigned middle and high schools have lower performance ratings, which may be a concern for families and could impact future resale appeal.
About 4228 Kona Coast Way
Great opportunity for a fixer upper. Great floor plan at an awesome price!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 2,178 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $180 / Month
Neighborhood Insights
Las Vegas Unified Schools
William E Ferron Elementary School
Grades PK-5 • 0.6 mi
5/10
C W Woodbury Middle School
Grades 6-8 • 0.8 mi
2/10
Chaparral High School
Grades 9-12 • 0.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,152 | 1,414.01 |
| Lot Size | 2,178 | 2,178 |
| Price | $199.9K | $333.8K |
| Price per sq ft | $174 | $236 |
| Built year | 1973 | 1997 |
| HOA | $180 | $202 |
| Days on market | 21 | 70 |
Pricing History
Listed for Sale
Aug 19, 2026
$199,900
Initial Listing