
Las Vegas, NV 89103
This Value-Driven Condominium is a Strong Value Opportunity, listed at $178,000—positioned well below the $188,473 Fair Market Value by 5%. This valuation gap offers $10,473 in Instant Equity for buyers. While the property holds a Dated Condition Rating, its First-Floor Location and Private Balcony provide significant lifestyle appeal and accessibility. Located in the guard-gated Bella Vita community near the Las Vegas Strip and Joseph E Thiriot Elementary, it perfectly balances rental demand with affordability. This is an ideal acquisition 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 |
|---|---|---|---|---|---|---|
★ 4430 Sandy River Drive 29 Subject | $178,000* List Price | 2 | 2 | 978 | $193 | - |
A 4430 Sandy River Drive 27 Sold | $129,999 List Price | 2 | 2 | 978 | 0.0 mi | |
B 4430 Sandy River Drive 27 Sold | $215,000 List Price | 2 | 2 | 978 | 0.0 mi | |
C 5576 W Rochelle Avenue 30C Sold | $169,900 List Price | 2 | 2 | 1,058 | 0.5 mi | |
D 4972 River Glen Drive 173 Sold | $180,000 | 2 | 2 | 978 | $184 | 0.1 mi |
E 4960 INDIAN RIVER Drive 468 Sold | $163,000 | 2 | 1 | 816 | $200 | 0.1 mi |
F 4470 SANDY RIVER Drive 58 Sold | $130,000 List Price | 2 | 1 | 816 | 0.0 mi | |
G 5240 Indian River Drive 274 Active | $210,000 List Price | 2 | 2 | 978 | $215 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1982 (44 years old) and the listing lacks mention of recent renovations to the kitchen, bathrooms, or HVAC/electrical systems. While described as functional and well-maintained, the age and lack of updates categorize it as dated, likely requiring minor repairs or modernization to meet current standards.
The desirable first-floor location provides effortless entry and exit, making it an ideal choice for those seeking convenience or mobility-friendly living without the need for stairs.
Situated in the 89103 zip code, the property offers excellent proximity to the Las Vegas Strip, major freeways, and diverse dining options, ensuring high rental demand and lifestyle convenience.
The 2-bedroom, 2-bathroom configuration with nearly 1,000 sqft and a private balcony offers a well-proportioned living space that maximizes utility and comfort for residents.
Built in 1982, the property may require updates to major systems or cosmetic modernizations to compete with newer condominium developments in the surrounding area.
The $307 monthly association fee adds a significant recurring expense that may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
Charming 2-bedroom, 2-bath first-floor condominium located within the sought-after Bella Vita. This well-appointed home features a functional open layout, spacious bedrooms, and a private balcony perfect for relaxing or enjoying the outdoors. Convenient first-floor location offers easy access, while the community provides beautifully maintained grounds and desirable amenities. Ideally situated near shopping, dining, and major freeway access, this is a fantastic opportunity in a prime location.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 6-8 • 2.1 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 | 978 | 884 | 56% |
| Lot Size | - | - | 50% |
| Price | $178.0K | $155.0K | 72% |
| Price per sq ft | $182 | $192 | 44% |
| Built year | 1982 | 1982 | 50% |
| HOA | $307 | $190 | 96% |
| Days on market | 42 | 1397 | 1% |
May 4, 2026
$178,000
Initial Listing