4921 Indian River Drive 118, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
4921 Indian River Drive 118
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 4921 Indian River Drive 118, Las Vegas, NV 89103 is currently available with a list price of $149,900. 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.
Built in 1982, this property is over 40 years old and, while well-maintained and move-in ready, it shows signs of being outdated. The kitchen features older white appliances and standard cabinetry, and the overall aesthetic reflects a lack of recent comprehensive modern renovations. It fits the 'fair' criteria as an aged property maintained through regular upkeep with functional but dated major components.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The Bella Vita community offers an extensive amenity package including six pools, tennis courts, a fitness center, and a playground, providing high lifestyle value for residents.
- Strategic Location
Ideally situated just minutes from the Las Vegas Strip and Spring Valley, this property offers excellent proximity to major employment hubs, dining, and world-class entertainment.
- Enhanced Security
The guard-gated entrance provides a premium level of security and privacy, which is a highly desirable feature for both owner-occupants and investors in the Las Vegas market.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1982, the property may require capital improvements or interior modernizations to compete with newer developments and address potential wear on original systems.
- Compact Living Space
At 700 square feet, the one-bedroom layout is relatively small, which may limit its appeal to buyers requiring additional storage or a dedicated home office area.
About 4921 Indian River Drive 118
Second-level condo in guard-gated community of Bella Vita! This unit features one-bedroom, spacious kitchen, a cozy dining area, and a good-sized outdoor balcony to enjoy. The community is offering a wide range of amenities including a 6-x pools, playground, spa, fitness center, tennis courts, and more! Located near Spring Valley and just minutes from the Las Vegas Strip. Don't miss this one out! It is a charming Condo !
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 6,402 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $242 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.5 mi
Kenny C Guinn Middle School
Grades 6-8 • 1.3 mi
Grant Sawyer Middle School
Grades 6-8 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 34% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 700 | 884 | 28% |
| Lot Size | 6,402 | 700 | 91% |
| Price | $149.9K | $155.2K | 44% |
| Price per sq ft | $214 | $197 | 66% |
| Built year | 1982 | 1984 | 42% |
| HOA | $242 | $195 | 74% |
| Days on market | 165 | 655 | 16% |
Pricing History
Listed for Sale
Sep 23, 2025
$149,900
Initial Listing