4730 E Craig Road 2027, Las Vegas, NV 89115, Las Vegas, 89115 - 2 bed, 2 bath
4730 E Craig Road 2027
Las Vegas, NV 89115
Property Price
SUMMARY
Analysis of 4730 E Craig Road 2027, Las Vegas, NV 89115 is currently available with a list price of $169,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property was built in 2000 and appears to maintain most of its original finishes, placing it in the 20-25 year age bracket typical of the 'fair' category. While the unit is clean and move-in ready, the kitchen features dated white appliances and standard builder-grade cabinetry. The flooring and fixtures are functional but show signs of age and lack modern updates. It is a well-maintained example of an older home that has not undergone significant recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Community Amenities
The gated community offers a robust amenity package including a pool, spa, clubhouse, exercise room, and on-site security, providing significant lifestyle value and safety.
- Strategic Location for Employment
Its proximity to Nellis Air Force Base and the VA Hospital makes it a highly desirable location for military personnel and healthcare workers, ensuring strong rental and resale potential.
- Attractive Investment Value
Priced competitively at $169,000, this 2-bedroom condo represents an accessible entry point for first-time buyers or a high-yield opportunity for real estate investors.
CONSRISKS & DEFICIENCIES
- Underperforming School Ratings
The assigned public schools have lower performance ratings, which could be a deterrent for families and may impact long-term appreciation compared to areas with higher-rated districts.
- Aging Infrastructure
Built in 2000, the property may soon require updates to major systems or interior finishes to maintain its market competitiveness and functional efficiency.
About 4730 E Craig Road 2027
Welcome to this charming 2-bedroom, 2-bath condo offering 974 sq ft of comfortable living in a gated community with a park, sparkling pool, spa, clubhouse, exercise room, park, on-site management & security. Ideally located just minutes from Nellis Air Force Base, the VA Hospital, and major freeways. Enjoy an open-concept layout with a cozy living room complete with a fireplace With its functional layout and desirable amenities, it’s a great opportunity for first-time buyers, downsizers, or investors looking for a solid rental property.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250 / Month
Neighborhood Insights
Las Vegas Unified Schools
J E Manch Elementary School
Grades PK-5 • 0.3 mi
Zel & Mary Lowman Elementary School
Grades PK-5 • 0.4 mi
Lomie G Heard Elementary School
Grades PK-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 974 | 974 | 50% |
| Lot Size | - | 675 | 49% |
| Price | $169.0K | $145.0K | 74% |
| Price per sq ft | $174 | $149 | 87% |
| Built year | 2000 | 2000 | 50% |
| HOA | $250 | $137 | 67% |
| Days on market | 110 | 1360 | 5% |
Pricing History
Listed for Sale
Nov 17, 2025
$169,000
Initial Listing