4922 Newport Cove Drive A, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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4922 Newport Cove Drive A
Las Vegas, NV 89119
ACTIVE
CONDITION: GOOD
2Beds
2Baths
992Sq Ft
0Lot Size
Property Price
LIST PRICE$224,900
EST. MARKET VALUE
$208,763
7% AboveMARKET VALUE
SUMMARY
This 2-bedroom condominium represents a Strong Value Opportunity, listed at $224,900—positioned above the $208,763 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 3, highlighted by a modern kitchen renovation with white shaker cabinets and stainless steel appliances. The unit offers a functional split-bedroom layout, a private patio, and access to community pool and spa facilities. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence near the Las Vegas Strip.
Estimated Market Value
$208,763
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4922 Newport Cove Drive A Subject | $224,900* List Price | 2 | 2 | 992 | $210 | - |
A 1454 Elizabeth Avenue 3 Sold | $205,000 | 2 | 2 | 1,152 | $178 | 0.5 mi |
B 1729 Jupiter Court B Sold | $170,000 | 2 | 2 | 980 | $173 | 0.7 mi |
C 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.1 mi |
D 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.1 mi |
E 1376 Dorothy Avenue 3 Sold | $187,000 | 2 | 1 | 880 | $213 | 0.6 mi |
F 1404 Santa Anita Drive B Sold | $199,000 | 2 | 3 | 1,114 | $179 | 0.6 mi |
G 1321 Lorilyn Avenue 1 Sold | $160,000 | 2 | 1 | 800 | $200 | 0.6 mi |
H 4941 Newport Cove Drive B Active | $224,900 List Price | 2 | 2 | 992 | $227 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1981, the property has undergone significant interior updates, most notably a modern kitchen renovation featuring white shaker cabinets, stone countertops, and stainless steel appliances. The unit appears well-maintained with fresh paint and carpet, making it move-in ready, despite some dated elements like popcorn ceilings.
PROSSTRENGTHS & OPPORTUNITIES
- Seller Financing Available
The availability of seller financing offers a rare and flexible purchasing option, making this property highly attractive to buyers who may seek alternatives to traditional bank lending.
- Prime Central Location
Situated just minutes from the Las Vegas Strip, major freeways, and extensive shopping and dining, the property provides exceptional convenience for both residents and potential tenants.
- Accessible First-Floor Layout
As a ground-floor unit featuring a private patio, fireplace, and a functional 2-bedroom split plan, the home offers ease of access and a comfortable living environment.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1981, the unit may require capital improvements or cosmetic updates to compete with newer modern developments in the Las Vegas market.
- Underperforming School District
The assigned public schools carry low performance ratings, which could be a deterrent for families prioritizing education or impact future resale appeal to that demographic.
About 4922 Newport Cove Drive A
SELLER FINANCING AVAILABLE! Welcome to this charming 2-bedroom, 2-bathroom first-floor condo in the heart of Las Vegas! This inviting home features blinds throughout, a cozy fireplace in the living room, a dedicated dining area, and spacious bedrooms designed for comfort. Step outside to your private patio, the perfect spot to relax and unwind. Residents can also enjoy the community pool, ideal for soaking up the Las Vegas sunshine. Conveniently located just minutes from the Las Vegas Strip, shopping, dining, schools, and easy freeway access, this condo offers comfort, convenience, and an exceptional location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $306 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.2 mi
6/10
Gene Ward Elementary School
Grades PK-5 • 0.5 mi
2/10
Helen C Cannon Junior High School
Grades 6-8 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 992 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $224.9K | $225.8K |
| Price per sq ft | $227 | $213 |
| Built year | 1981 | 1996 |
| HOA | $306 | $254 |
| Days on market | 44 | 71 |
Pricing History
Listed for Sale
Jul 27, 2026
$224,900
Initial Listing