
Las Vegas, NV 89103
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $175,000—positioned well above the $160,769 Fair Market Value by -8%. While priced slightly above the current estimation, the property offers a Condition Rating of 4, suggesting a well-maintained interior with potential for future cosmetic updates. Featuring a private corner unit layout, community pools, and spas, it provides a functional lifestyle near Marion B. Earl Elementary. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4847 South Torrey Pines Drive 102 Subject 1 bd · 1 ba · 569 sqft · $283 | $175,000* List Price | 1 | 1 | 569 | $283 | - |
A 4805 S Torrey Pines Drive 201 Sold 1 bd · 1 ba · 569 sqft · $308 · 0.1 mi | $175,000 | 1 | 1 | 569 | $308 | 0.1 mi |
B 4877 South Torrey Pines Drive 202 Active 1 bd · 1 ba · 569 sqft · $298 · 0.0 mi | $169,800 List Price | 1 | 1 | 569 | $298 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property is dated and exceeds the 20-year threshold for modern systems. While the interior appears clean, well-maintained, and functional in photos, the age suggests original kitchen/bath finishes and aging HVAC/electric systems that will likely require updates or minor repairs soon.
Priced at $175,000, this property represents a rare entry-level opportunity in the Las Vegas market, offering incredible value for first-time buyers or investors looking for a sub-$200K asset.
As a corner end unit with no surrounding neighbors and designated parking directly outside the front door, this home provides a level of privacy and convenience seldom found in high-density condominium complexes.
The gated community features resort-style perks including two sparkling pools and spas, which significantly enhances the lifestyle appeal and potential rental demand for the unit.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5074, other record lot size in square feet = 2304.
At just 569 square feet, the compact living space may be a constraint for buyers seeking more room for storage, guests, or a home office setup.
The $225 monthly association fee, while providing community maintenance and security, represents a significant recurring cost relative to the property's low purchase price.
Welcome to this inviting corner end unit, perfectly priced under $200K and offering incredible value in the heart of Las Vegas! Enjoy the privacy of having no surrounding neighbors and the convenience of designated parking right outside your front door. Step inside to find a bright and comfortable living space that’s ideal for relaxing. This gated community features two sparkling pools and soothing spas, providing a resort-style atmosphere to unwind and soak up the Vegas sunshine. Conveniently located near shopping, dining, and entertainment, you’ll love being just minutes away from everything the city has to offer. Don’t miss this rare opportunity to own an affordable home in such a prime location!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 569 | 1,048.989 |
| Lot Size | 5,074 | 5,669.706 |
| Price | $175.0K | $221.6K |
| Price per sq ft | $308 | $210 |
| Built year | 1991 | 1996 |
| HOA | $225 | $254 |
| Days on market | 46 | 70 |
Sep 8, 2026
$175,000
Initial Listing