4320 West Lake Mead Boulevard 202, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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4320 West Lake Mead Boulevard 202
Las Vegas, NV 89108
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,081Sq Ft
0Lot Size
Property Price
LIST PRICE$165,000
EST. MARKET VALUE
$165,530
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $187,000—positioned well below the $186,751 Fair Market Value by 0%. While the property is priced at market, its Fair Condition Rating and 1994 build date offer a clear path for value-add cosmetic renovations. Featuring a private balcony and community pool, the unit provides functional living space in a central location. Despite lower-rated local schools, the accessible price point makes this a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the Las Vegas market.
Estimated Market Value
$165,530
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 |
|---|---|---|---|---|---|---|
★ 4320 West Lake Mead Boulevard 202 Subject | $165,000* List Price | 2 | 2 | 1,081 | $153 | - |
A 2101 Hussium Hills Street 207 Sold | $165,000 | 2 | 2 | 888 | $186 | 0.2 mi |
B 1858 N Decatur Boulevard 101 Sold | $165,000 | 2 | 2 | 945 | $175 | 0.5 mi |
C 4316 W Lake Mead Boulevard 101 Pending | $165,000 List Price | 2 | 2 | 1,081 | $153 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1994 (30 years old), the property falls into the 'Fair' category due to its age and lack of documented renovations. While the description notes it is 'beautifully maintained,' the images reveal dated interior elements such as older patterned carpeting and original-style sliding closet doors. Without evidence of updated kitchen, bathrooms, or major systems (HVAC/Electric) within the last 15 years, the unit is considered functional but dated, requiring cosmetic and potentially system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Affordability & Financing
Priced competitively at $187,000 with special financing options available, this property represents an accessible entry point for first-time buyers or investors in the Las Vegas market.
- Functional Living Space
The 1,081-square-foot layout is well-proportioned, featuring two full bathrooms and a private balcony that enhances the overall sense of space and comfort.
- Community Amenities
The inclusion of a sparkling community pool and well-maintained grounds provides residents with essential recreational outlets and a resort-style atmosphere.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $321 monthly association fee is relatively high in proportion to the listing price, which may impact the debt-to-income ratio for some buyers.
- Underperforming School District
The assigned middle and high schools carry low ratings (2/10), which could be a significant drawback for families and may affect long-term appreciation.
About 4320 West Lake Mead Boulevard 202
Grants for down payment may be available for those who qualify! Discover an exceptional living experience in this beautifully maintained condominium, perfectly situated in a central Las Vegas location. This residence offers a vibrant lifestyle with immediate access to local amenities and city conveniences. The thoughtfully designed interior spans 1081 square feet, featuring two comfortable bedrooms and two full bathrooms, ensuring ample space for relaxation and daily routines. Enjoy the refreshing breezes and scenic views from your private balcony, an ideal spot for morning coffee or evening unwinding. The property boasts a sparkling community pool, providing a perfect oasis for leisure and recreation during warm Nevada days. Interior comforts include blinds for privacy and ceiling fans to enhance airflow, contributing to a pleasant atmosphere year-round. This is an unparalleled opportunity to embrace a dynamic and comfortable lifestyle in a highly desirable neighborhood, with special financing options available to qualified buyers.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $321 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruth Fyfe Elementary School
Grades PK-5 • 1.5 mi
0/10
J Harold Brinley Middle School
Grades 6-8 • 1.6 mi
2/10
Western High School
Grades 9-12 • 1.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,081 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $165.0K | $225.8K |
| Price per sq ft | $153 | $213 |
| Built year | 1994 | 1996 |
| HOA | $321 | $254 |
| Days on market | 48 | 71 |
Pricing History
Listed for Sale
Sep 8, 2026
$165,000
$187,000
-12% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$187,000
Initial Listing
Sold
Jan 7, 1994
$68,500
Public Record