
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 2 bd · 2 ba · 978 sqft · $182 | $178,000* List Price | 2 | 2 | 978 | $182 | - |
A 5404 River Glen Drive 361 Sold 2 bd · 2 ba · 978 sqft · $183 · 0.4 mi | $178,500 | 2 | 2 | 978 | $183 | 0.4 mi |
B 5267 Lisagayle Court 136 Sold 2 bd · 2 ba · 1,080 sqft · $203 · 0.4 mi | $219,000 | 2 | 2 | 1,080 | $203 | 0.4 mi |
C 4013 Nook Way A Sold 2 bd · 2 ba · 1,131 sqft · $186 · 0.5 mi | $210,000 | 2 | 2 | 1,131 | $186 | 0.5 mi |
D 5221 River Glen Drive 195 Sold 2 bd · 2 ba · 978 sqft · $184 · 0.3 mi | $180,000 | 2 | 2 | 978 | $184 | 0.3 mi |
E 5220 Indian River Drive 280 Sold 2 bd · 2 ba · 978 sqft · $174 · 0.3 mi | $170,000 | 2 | 2 | 978 | $174 | 0.3 mi |
F 5576 W Rochelle Avenue 32A Sold 2 bd · 2 ba · 1,058 sqft · $198 · 0.5 mi | $209,000 | 2 | 2 | 1,058 | $198 | 0.5 mi |
G 5160 Indian River Drive 346 Sold 1 bd · 1 ba · 700 sqft · $179 · 0.2 mi | $125,000 | 1 | 1 | 700 | $179 | 0.2 mi |
H 5240 Indian River Drive 274 Active 2 bd · 2 ba · 978 sqft · $215 · 0.3 mi | $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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 978 | 1,048.989 |
| Lot Size | - | 5,669.706 |
| Price | $178.0K | $221.6K |
| Price per sq ft | $182 | $210 |
| Built year | 1982 | 1996 |
| HOA | $307 | $254 |
| Days on market | 173 | 70 |
May 4, 2026
$178,000
Initial Listing