4941 Newport Cove Drive B, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
4941 Newport Cove Drive B
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 4941 Newport Cove Drive B, Las Vegas, NV 89119 is currently available with a list price of $224,900. 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 1981, this property is well-maintained and move-in ready with some cosmetic updates, specifically the installation of vinyl flooring throughout. However, it lacks a full modern renovation; the kitchen and bathrooms likely retain older cabinetry and fixtures consistent with a 40-year-old building. While functional and clean, the property shows signs of being outdated compared to current new-build standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated just minutes from the Las Vegas Strip and UNLV, this property offers exceptional convenience for professionals, students, and investors seeking high rental demand.
- Modern Interior Finishes
The unit features updated vinyl flooring throughout the living areas and bedrooms, providing a contemporary aesthetic that is both durable and low-maintenance.
- Functional Open Layout
With nearly 1,000 square feet of open-concept living space and an oversized primary suite, the floor plan maximizes comfort and usable square footage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2263, other record lot size in square feet = 1064.
- Aging Infrastructure
Built in 1981, the property may require more frequent maintenance or future capital improvements to its original systems compared to newer developments.
- Parking Limitations
The community relies on open parking rather than assigned or covered spaces, which may be a disadvantage for residents desiring guaranteed or protected vehicle storage.
About 4941 Newport Cove Drive B
Minutes from the Las Vegas Strip and UNLV, this upstairs two-bedroom, two-bath unit offers nearly 1,000sqft of open-concept living. Beautiful Vinyl Floors flows through the living and bedrooms, while easy-care vinyl graces the kitchen and dining area. The primary suite features extra space to relax. Located in a quiet community with open parking, this unit offers easy access to shopping, dining, and public transit—making it a convenient option in a prime Las Vegas location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 2,263 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.2 mi
Gene Ward Elementary School
Grades PK-5 • 0.5 mi
Helen C Cannon Junior High School
Grades 6-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 992 | 970 | 62% |
| Lot Size | 2,263 | 750 | 69% |
| Price | $224.9K | $125.0K | 95% |
| Price per sq ft | $227 | $167 | 92% |
| Built year | 1981 | 1980 | 53% |
| HOA | $300 | $215 | 88% |
| Days on market | 7 | 422 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$224,900
Initial Listing