4831 Nara Vista Way 101, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
Loading property details...
Las Vegas, NV 89103
This property presents a High-Potential Investment Opportunity with a List Price of $215,000—positioned well above the $146,523 Fair Market Value by -46%. Given the Poor Condition Rating and 1988 construction, this Value-Add Asset requires significant capital expenditure to modernize aging infrastructure. While the ground-floor access and community pool offer functional appeal, the compact 568 sqft footprint limits layout flexibility. This project is best suited for Buy-and-Hold Investors or experienced renovators capable of executing a comprehensive interior rehabilitation to stabilize long-term rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4831 Nara Vista Way 101 Subject | $215,000* List Price | 1 | 1 | 568 | $258 | - |
A 4855 S Torrey Pines Drive 102 Sold | $175,000 | 1 | 1 | 569 | $308 | 0.4 mi |
B 4729 Nara Vista Way 202 Active | $164,000 List Price | 1 | 1 | 568 | $289 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988, the property is 38 years old, placing it in the 'poor' category based on the >30y age criteria. While the listing describes it as 'beautiful,' the age indicates that the kitchen, bathrooms, and major systems (HVAC/Electric) are likely original or past their functional lifespan, requiring significant updates or rehab.
As a ground-floor unit, this property offers convenient, stair-free access, which is a significant advantage for individuals with mobility concerns or those seeking ease of entry.
The property is located within a gated community featuring a pool, providing residents with both enhanced security and desirable recreational facilities.
Situated in the 89103 zip code, the condo is minutes away from the Las Vegas Strip and major transit corridors, making it an ideal spot for commuters or as a high-demand rental investment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3000, other record lot size in square feet = 2704.
At just 568 square feet, the unit's compact size may feel restrictive for some buyers and limits storage and furniture layout possibilities.
Built in 1988, the property may require updates to its original systems or interior finishes to meet modern aesthetic standards and maintain competitive value.
Beautiful 1 bedroom ground floor ,gated entry ,community pool
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 568 | - |
| Lot Size | 3,000 | - |
| Price | $215.0K | $217.2K |
| Price per sq ft | $379 | $219 |
| Built year | 1988 | 0 |
| HOA | $249 | $0 |
| Days on market | 43 | 828 |
Jun 10, 2026
$215,000
Initial Listing