
Las Vegas, NV 89103
This Strategic Spring Valley Condominium is a Prime Investment Opportunity, listed at $207,999—positioned well below the $214,380 Fair Market Value by 2%. This valuation gap provides $6,381 in Instant Equity. Maintaining a Condition Rating of 4, the unit features a functional layout overlooking a community pool and mature greenery. Located within a mile of Marion B Earl Elementary and Kenny C Guinn Middle, it offers proximity to the Las Vegas Strip and 215 freeway. This is an ideal acquisition for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4877 S Torrey Pines Drive 105 Subject | $205,999* List Price | 2 | 2 | 884 | $234 | - |
A 6649 W Tropicana Avenue 204 Sold | $200,000 | 2 | 2 | 1,013 | $197 | 0.2 mi |
B 4718 Nara Vista Way 104 Sold | $222,000 | 2 | 2 | 884 | $251 | 0.4 mi |
C 4400 S Jones Boulevard 2034 Sold | $205,000 | 2 | 2 | 947 | $216 | 0.9 mi |
D 4893 S TORREY PINES Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 0.0 mi |
E 4893 S Torrey Pines Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 0.0 mi |
F 6643 Tropicana Avenue 102 Sold | $208,800 | 2 | 2 | 1,013 | $206 | 0.1 mi |
G 4839 S Torrey Pines Drive 104 Active | $208,800 List Price | 2 | 2 | 884 | $236 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1993 (31 years old) and appears to be in original condition. While the listing describes it as well-maintained, the kitchen and bathrooms feature dated 1990s cabinetry, older white appliances, and mirrored walls that are past the 20-year mark. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
The property is ideally situated with quick access to the 215 freeway, the Las Vegas Strip, and major shopping hubs, offering high convenience for commuters and entertainment seekers.
Located in a well-maintained community, the unit overlooks the pool and lush, mature greenery, providing a serene and aesthetically pleasing environment rare for the desert climate.
With elementary, middle, and high schools all located within a one-mile radius, this location offers significant logistical advantages for families with school-aged children.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2000, other record lot size in square feet = 2304.
The community's rental restrictions may deter investors looking for a flexible rental asset or a passive income stream.
At 884 square feet for a two-bedroom, two-bathroom configuration, the interior layout is relatively small, which may feel restrictive for some buyers.
Charming 2 bedroom and 2 bath condo located in a well maintained community with lots of grass and trees! Very close to freeway 215, Strip and shopping. Popular open floor plan with mirrored walls in the living room and both bedrooms. Unit is overlooking the pool and beautiful grounds with mature greenery. Quiet neighborhood for a comfort living with * Rental Restrictions*
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 884 | 884 | 50% |
| Lot Size | 2,000 | - | 61% |
| Price | $206.0K | $155.0K | 78% |
| Price per sq ft | $233 | $194 | 87% |
| Built year | 1993 | 1982 | 76% |
| HOA | $225 | $190 | 68% |
| Days on market | 46 | 1395 | 1% |
May 25, 2026
$205,999
$207,999
-1% Price Drop
Initial Listing
Apr 28, 2026
$207,999
Initial Listing
Oct 13, 1993
$74,750
Public Record