4712 Nara Vista Way 103, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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4712 Nara Vista Way 103
Las Vegas, NV 89103
ACTIVE
CONDITION: POOR
2Beds
2Baths
884Sq Ft
4,718Lot Size
Property Price
LIST PRICE$200,000
EST. MARKET VALUE
$180,488
10% AboveMARKET VALUE
SUMMARY
This ground-floor condo presents a High-Potential Investment Opportunity with a List Price of $200,000—positioned well above the $180,488 Fair Market Value by -10%. Featuring a Condition Rating of 5, the unit requires cosmetic updates to modernize its 1989 interiors. The gated Las Casitas community offers a community pool and covered parking, providing stable rental demand. While school ratings are modest, the unit's accessibility makes it a practical value-add asset for Buy-and-Hold Investors or first-time buyers seeking a manageable renovation project.
Estimated Market Value
$180,488
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 |
|---|---|---|---|---|---|---|
★ 4712 Nara Vista Way 103 Subject | $200,000* List Price | 2 | 2 | 884 | $204 | - |
A 6649 W Tropicana Avenue 204 Sold | $200,000 | 2 | 2 | 1,013 | $197 | 0.3 mi |
B 4707 Nara Vista Way 104 Active | $198,500 List Price | 2 | 2 | 884 | $225 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Property is 35 years old (built 1989) with no evidence of recent renovations. The interior features dated blue carpeting, popcorn ceilings, and original-style fixtures, meeting the criteria for a property over 30 years old needing rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Ground-Floor Accessibility
The unit is located on the first floor, offering easy access without the need for stairs, which is a highly desirable feature for residents seeking convenience or long-term accessibility.
- Gated Community Amenities
Situated within the gated Las Casitas community, the property offers enhanced security, mature landscaping, a community pool, and the added value of assigned covered parking.
- Functional Layout & Features
The floor plan maximizes utility with an in-unit washer and dryer, a primary suite with an ensuite bath, and a private covered patio that includes additional storage space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4718, other record lot size in square feet = 2256.
- Compact Square Footage
With only 884 square feet for a two-bedroom, two-bathroom layout, the living spaces and bedrooms may feel relatively small compared to newer or larger condominium developments.
- Modest School Ratings
The assigned public schools for this location have average to below-average ratings, particularly the high school at a 4/10, which may be a drawback for education-focused families.
About 4712 Nara Vista Way 103
Welcome to this first-floor 2-bedroom, 2-bath condo located in the gated Las Casitas community! This well-designed unit offers a spacious living area with direct access to a covered private patio, a separate dining area, and a functional kitchen with ample cabinet and counter space. Both bedrooms are generously sized, including a primary bedroom with an ensuite bath. Enjoy the convenience of an in-unit washer and dryer, additional patio storage, and one assigned covered parking space. The gated community features mature landscaping and a community pool, providing a comfortable place to relax and enjoy the Las Vegas sunshine. Conveniently located near shopping, dining, entertainment, and major roadways, this ground-level condo offers easy access to everything Las Vegas has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 4,718 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $275 / Month
Neighborhood Insights
Las Vegas Unified Schools
Harvey N Dondero Elementary School
Grades PK-5 • 0.8 mi
6/10
Kenny C Guinn Middle School
Grades 6-8 • 0.9 mi
5/10
Durango High School
Grades 9-12 • 0.9 mi
4/10
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 | 884 | 1,059.468 |
| Lot Size | 4,718 | 6,055.359 |
| Price | $200.0K | $225.8K |
| Price per sq ft | $226 | $213 |
| Built year | 1989 | 1996 |
| HOA | $275 | $254 |
| Days on market | 14 | 71 |
Pricing History
Listed for Sale
Aug 26, 2026
$200,000
Initial Listing