450 Elm Drive 205, Las Vegas, NV 89169, Las Vegas, 89169 - 1 bed, 1 bath
450 Elm Drive 205
Las Vegas, NV 89169
Property Price
SUMMARY
Analysis of 450 Elm Drive 205, Las Vegas, NV 89169 is currently available with a list price of $149,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation that includes a new HVAC system, upgraded dual-pane windows, and a completely new kitchen with 42-inch shaker cabinets, quartz countertops, and stainless steel appliances. With new luxury vinyl plank flooring, LED lighting, gold hardware, and fresh two-tone paint throughout, all interior components are virtually new, meeting the highest quality standards for a fully renovated unit.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just off the Las Vegas Strip and adjacent to the Convention Center, this property offers unparalleled access to world-class dining, shopping, and major entertainment venues like the Sphere and Wynn.
- Comprehensive Modern Upgrades
The unit features a complete high-end remodel including a new HVAC system, dual-pane windows, quartz countertops, and luxury vinyl plank flooring, providing a turn-key experience for owners or tenants.
- Unique Loft and Storage
The inclusion of vaulted ceilings and a massive 22x13 upstairs loft/storage area is a rare architectural feature that significantly maximizes the utility and perceived space of the unit.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3281, other record lot size in square feet = 1190.
- Limited Square Footage
With only 462 square feet of primary living space, the unit is quite compact, which may limit its appeal to single occupants or investors looking for short-term rental potential.
- Low School Ratings
The assigned public schools for this location carry low performance ratings (2 and 3 out of 10), which could be a deterrent for long-term residents with children and impact future resale value.
About 450 Elm Drive 205
Remodeled upstairs unit just off the famous Las Vegas strip next to the Las Vegas Convention Center and everything Las Vegas has to offer like world class restaurants and shopping. This unit has vaulted ceilings with a huge upstairs loft / storage area that is 22x13. New 2 tone paint, new kitchen with white 42" shaker cabinets, quartz counter tops and stainless appliances. Wood look Luxury Vinyl Plank (LVP) flooring thru-out with 5" Craftsman style baseboards. New HVAC system, upgraded dual pane windows, 2" white wood faux blinds, new faucets, LED lighting, gold hardware and more. This complex is gated, has a refreshing pool and covered parking. Located in the middle of the excitement across from the golf course, major strip Casinos including the Wynn, Encore, Resorts World, Fashion Show mall, The new Sphere, The Hughes Center and so much more.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 3,281 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $184 / Month
Neighborhood Insights
Las Vegas Unified Schools
Dean Petersen Elementary School
Grades PK-5 • 0.8 mi
William E Orr Middle School
Grades 6-8 • 1.3 mi
Valley High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 45% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 462 | 863 | 6% |
| Lot Size | 3,281 | 974 | 68% |
| Price | $149.9K | $145.0K | 52% |
| Price per sq ft | $324 | $177 | 86% |
| Built year | 1986 | 1973 | 59% |
| HOA | $184 | $240 | 42% |
| Days on market | 155 | 347 | 23% |
Pricing History
Listed for Sale
Oct 3, 2025
$149,900
Initial Listing