4831 Nara Vista Way 201, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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Las Vegas, NV 89103
This property presents a High-Potential Investment Opportunity with a List Price of $140,000—positioned well below the $139,439 Fair Market Value by approximately 0%. While the valuation is at market, the unit offers a stable entry point for those seeking a value-add project. Featuring a Fair Condition Rating (5/10), the unit requires modernization to reach its full potential. With in-unit laundry, covered parking, and mountain views, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4831 Nara Vista Way 201 Subject | $140,000* List Price | 1 | 1 | 568 | $245 | - |
A 4893 S TORREY PINES Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 0.4 mi |
B 4893 S Torrey Pines Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 0.4 mi |
C 4855 S Torrey Pines Drive 102 Sold | $175,000 | 1 | 1 | 569 | $308 | 0.4 mi |
D 4729 Nara Vista Way 202 Active | $149,900 List Price | 1 | 1 | 568 | $264 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 36 years old (built 1988) and appears to have original kitchen and bathroom finishes. While functional, the oak cabinetry, laminate countertops, and overall aesthetic are significantly dated and require a full rehab to meet modern standards, meeting the >30-year age criteria for this category.
Priced at $140,000, this property represents a highly accessible entry point into the Las Vegas real estate market, offering significant value for first-time buyers or budget-conscious investors.
The inclusion of an in-unit stacked washer and dryer, gas cooking, and assigned covered parking provides essential conveniences that enhance the daily living experience and rental appeal.
Situated in the 89103 zip code, the condo offers excellent proximity to the Las Vegas Strip, major freeway access, and a wide array of shopping and dining, ensuring high demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2851, other record lot size in square feet = 2704.
At just 568 square feet, the compact footprint may feel restrictive for some occupants and limits the property's versatility for those requiring more storage or a home office.
The 1988 construction and description suggesting a 'personal touch' indicate that the unit likely requires cosmetic updates or renovations to compete with more modern interior standards.
1 bedroom, 1 bath upstairs condo offering a functional layout and comfortable living space in a convenient central Las Vegas location. This unit features an open living area with sliding glass doors leading to a private covered balcony with mountain and neighborhood views. The kitchen offers ample cabinet storage, gas cooking, tile flooring, and a practical layout ready for your personal touch. The spacious bedroom includes generous closet space and easy access to the full bath. Additional features include an in-unit stacked washer and dryer, covered parking, and mature community landscaping. Conveniently located near shopping, dining, freeway access, and everyday amenities. A great opportunity for first-time buyers, investors, or anyone seeking an affordable low-maintenance property with potential to make it their own.
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 | 2,851 | - |
| Price | $140.0K | $217.2K |
| Price per sq ft | $246 | $219 |
| Built year | 1988 | 0 |
| HOA | $230 | $0 |
| Days on market | 12 | 828 |
Jul 10, 2026
$140,000
Initial Listing
Jul 28, 1989
$48,500
Public Record