4431 Alexis Drive 424, Las Vegas, NV 89103, Las Vegas, 89103 - 3 bed, 2 bath
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4431 Alexis Drive 424
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,444Sq Ft
0Lot Size
Property Price
LIST PRICE$275,000
EST. MARKET VALUE
$259,804
5% AboveMARKET VALUE
SUMMARY
This Spacious Condominium represents a Strong Value Opportunity, listed at $275,000—positioned well above the $259,804 Fair Market Value by 5%. While the price reflects a premium, the property offers a rare 1,444 sqft layout in a guard-gated community with a Condition Rating of 4. Featuring a Granite Kitchen, replaced windows, and access to pools, spas, and a fitness center, it provides a desirable lifestyle near The Orleans. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a centrally located, amenity-rich residence.
Estimated Market Value
$259,804
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 |
|---|---|---|---|---|---|---|
★ 4431 Alexis Drive 424 Subject | $275,000* List Price | 3 | 2 | 1,444 | $180 | - |
A 4013 Nook Way A Sold | $210,000 | 2 | 2 | 1,131 | $186 | 0.5 mi |
B 5267 Lisagayle Court 136 Sold | $219,000 | 2 | 2 | 1,080 | $203 | 0.3 mi |
C 6250 West Flamingo Road 139 Sold | $222,000 | 3 | 2 | 1,591 | $140 | 0.8 mi |
D 5576 W Rochelle Avenue 32A Sold | $209,000 | 2 | 2 | 1,058 | $198 | 0.3 mi |
E 5427 Indian River Drive 418 Active | $288,000 List Price | 3 | 2 | 1,205 | $239 | 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 1982 (42 years old), the property exceeds the 20-year threshold for 'Fair'. Although it features granite countertops and replaced windows, the age of the structure and lack of information regarding updated HVAC/electrical systems suggest it is dated and may require minor repairs or modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in desirable Spring Valley, the property is just 10 minutes from the Las Vegas Strip and major freeways, offering excellent walkability to The Orleans Hotel and Casino.
- Rare Spacious Layout
Boasting over 1,400 sqft, this 3-bedroom upstairs unit is a rare model within the community, providing significantly more living space than typical area condominiums.
- Upgraded Interior & Amenities
The unit features modern granite countertops in the kitchen and bathrooms, replaced windows, and access to premium guard-gated amenities including pools, spas, and a fitness center.
CONSRISKS & DEFICIENCIES
- Aging Construction
Originally built in 1982, the property may face higher long-term maintenance requirements or dated common elements compared to newer residential developments.
- High Association Fees
The $370 monthly association fee represents a significant recurring expense that could impact the debt-to-income ratio for buyers or net yields for investors.
About 4431 Alexis Drive 424
Wonderful 3 bedroom upstairs unit in desirable Spring Valley . Only one this model available in here! Over 1400 sq ft on back street with balcony . Windows have been replaced. Beautiful pools, spas and fitness center. Guard gated. Centrally located , 10 minute from strip and both freeways . Walk to The Orleans hotel and casino. Good size rooms . All appliances stay , granite kitchen and bathrooms .
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $370 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.2 mi
6/10
Kenny C Guinn Middle School
Grades 6-8 • 1.0 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 1.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,444 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $275.0K | $225.8K |
| Price per sq ft | $190 | $213 |
| Built year | 1982 | 1996 |
| HOA | $370 | $254 |
| Days on market | 43 | 71 |
Pricing History
Listed for Sale
Jul 28, 2026
$275,000
Initial Listing