4941 River Glen Drive Unit 7, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
Loading property details...
4941 River Glen Drive Unit 7
Las Vegas, NV 89103
ACTIVE
CONDITION: GOOD
1Beds
1Baths
700Sq Ft
6,144Lot Size
Property Price
LIST PRICE$139,500
EST. MARKET VALUE
$136,465
SUMMARY
This High-Potential Investment Opportunity is listed at $139,500, positioned slightly above the $136,465 Fair Market Value. Despite the minor premium, the property offers a Condition Rating of 3, featuring a renovated kitchen and a brand-new 2025 HVAC unit. Residents enjoy resort-style amenities, including six pools and 24-hour guard security, just one mile from the Strip. With its low maintenance and prime location, this unit serves as a stable, income-generating Asset for Buy-and-Hold Investors or a convenient, low-cost residence for first-time buyers.
Estimated Market Value
$136,465
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 |
|---|---|---|---|---|---|---|
★ 4941 River Glen Drive Unit 7 Subject 1 bd · 1 ba · 700 sqft · $195 | $139,500* List Price | 1 | 1 | 700 | $195 | - |
A 5020 Indian River Drive 436 Sold 1 bd · 1 ba · 700 sqft · $167 · 0.1 mi | $117,000 | 1 | 1 | 700 | $167 | 0.1 mi |
B 5295 Indian River Drive 312 Sold 1 bd · 1 ba · 700 sqft · $194 · 0.3 mi | $136,000 | 1 | 1 | 700 | $194 | 0.3 mi |
C 5160 Indian River Drive 346 Sold 1 bd · 1 ba · 700 sqft · $179 · 0.2 mi | $125,000 | 1 | 1 | 700 | $179 | 0.2 mi |
D 5163 Indian River Drive 205 Sold 1 bd · 1 ba · 700 sqft · $217 · 0.2 mi | $152,000 | 1 | 1 | 700 | $217 | 0.2 mi |
E 5081 River Glen Drive 113 Sold 1 bd · 1 ba · 700 sqft · $183 · 0.1 mi | $128,000 | 1 | 1 | 700 | $183 | 0.1 mi |
F 5121 River Glen Drive 138 Sold 2 bd · 1 ba · 816 sqft · $202 · 0.1 mi | $165,000 | 2 | 1 | 816 | $202 | 0.1 mi |
G 5350 River Glen Drive 298 Sold 1 bd · 1 ba · 700 sqft · $186 · 0.3 mi | $130,000 | 1 | 1 | 700 | $186 | 0.3 mi |
H 4370 Sandy River Drive 24 Active 2 bd · 1 ba · 816 sqft · $206 · 0.0 mi | $168,000 List Price | 2 | 1 | 816 | $206 | 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.
Built in 1982 but features a renovated kitchen with granite countertops and updated cabinetry (approx. 10-15 years old). The property includes a brand new HVAC unit installed in 2025, making it well-maintained and move-in ready despite the building's age.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The community offers an extensive amenity package including 24-hour guard security, six pools, three gyms, and five tennis courts, providing a high-end lifestyle at an accessible price point.
- Prime Location
Situated approximately one mile west of the Las Vegas Strip, this property offers exceptional proximity to world-class entertainment, dining, and major employment hubs.
- Recent Mechanical Upgrade
The inclusion of a brand-new A/C unit installed in 2025 provides significant value and peace of mind regarding energy efficiency and climate control in the desert heat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6144, other record lot size in square feet = 6320.
- Dated Marketing Representation
Listing photos were taken prior to the current tenant's move-in, which may not accurately reflect the current interior condition or potential wear and tear.
- Compact Living Space
At 700 square feet, the small one-bedroom footprint may limit appeal for buyers or tenants seeking more spacious living areas or additional storage.
About 4941 River Glen Drive Unit 7
RESORT STYLE LIVING IN 24 HOUR GUARD GATED COMMUNITY. DOWNSTAIRS 1 BDRM, 1 BATH CONDO. KITCHEN HAS GRANITE COUNTERTOPS, REFRIGERATOR, MICROWAVE, OVEN/RANGE, DISHWASHER AND WASHER/DRYER INCLUDED. COMMUNITY HAS 6 POOLS, 3 CLUBHOUSES, 5 TENNIS COURTS, OUTDOOR & INDOOR SPAS, MEN'S & WOMEN'S WET/DRY SAUNAS, 3 GYMS & BBQ AREAS! 1 COVERED ASSIGNED PARKING SPACE. GREAT LOCATION ABOUT 1 MILE WEST OF THE STRIP. NEW A/C UNIT 6/2025 (Photos taken prior to current tenant move-in) Great investment property too!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 6,144 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $252 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.5 mi
6/10
Kenny C Guinn Middle School
Grades 6-8 • 1.2 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 2.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 700 | 1,048.989 |
| Lot Size | 6,144 | 5,669.706 |
| Price | $139.5K | $221.6K |
| Price per sq ft | $199 | $210 |
| Built year | 1982 | 1996 |
| HOA | $252 | $254 |
| Days on market | 12 | 70 |
Pricing History
Listed for Sale
Oct 12, 2026
$139,500
Initial Listing