4999 Newport Cove Drive A, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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4999 Newport Cove Drive A
Las Vegas, NV 89119
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
992Sq Ft
0Lot Size
Property Price
LIST PRICE$215,000
EST. MARKET VALUE
$205,378
4% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $225,000—positioned above the $208,264 Fair Market Value. While priced slightly above market, the property features a Mint Condition Rating following a comprehensive modern renovation, ensuring no immediate capital expenditure. Its strategic location near the Las Vegas Strip and Harry Reid International Airport provides high rental demand potential. This property is an ideal acquisition for Buy-and-Hold Investors seeking a stable, low-maintenance asset or first-time buyers prioritizing a move-in ready lifestyle.
Estimated Market Value
$205,378
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 |
|---|---|---|---|---|---|---|
★ 4999 Newport Cove Drive A Subject | $215,000* List Price | 2 | 2 | 992 | $207 | - |
A 1454 Elizabeth Avenue 3 Sold | $205,000 | 2 | 2 | 1,152 | $178 | 0.5 mi |
B 5060 Newport Cove Drive C Active | $230,000 List Price | 2 | 2 | 1,000 | $230 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the structure dates to 1981, the property has undergone a comprehensive modern renovation with high-quality finishes, including new flooring, contemporary lighting, and updated doors. The interior is in mint, move-in ready condition, meeting the criteria for a renovation completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Renovations
This single-story condo has been beautifully updated with modern finishes and an open layout, offering a move-in ready experience that is highly desirable in the current market.
- Strategic Location
Ideally situated just minutes from Harry Reid International Airport and the Las Vegas Strip, the property provides exceptional convenience for commuters and easy access to world-class dining and entertainment.
- Turnkey Potential
The option to negotiate furniture and accessories makes this an ideal turnkey opportunity for first-time homebuyers or investors looking for a seamless transition.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1981, the underlying infrastructure and common areas of the complex may require more frequent maintenance compared to newer developments.
- School District Ratings
The assigned public schools have mixed performance ratings, with some as low as 2/10, which may be a drawback for families prioritizing high-ranking educational facilities.
About 4999 Newport Cove Drive A
NOW OFFERED AT $215,000! PLUS UP TO $5,000 TOWARD BUYER CLOSING COSTS OR A MORTGAGE RATE BUYDOWN! Take advantage of this incredible opportunity to own a beautifully renovated, move-in ready single-story condo while potentially reducing your upfront costs or monthly payment. This stylish 2-bedroom, 2-bath home has been thoughtfully updated with modern finishes throughout, creating a fresh and inviting space that feels ready from day one. The open layout is ideal for everyday living and entertaining, while the spacious bedrooms offer comfort and privacy. Whether you’re a first-time homebuyer, downsizing, or searching for an investment opportunity, this home offers exceptional value. Conveniently located just minutes from Harry Reid International Airport, the Las Vegas Strip, shopping, dining, and entertainment, you’ll have easy access to everything Las Vegas has to offer. All furniture and accessories are negotiable, creating the opportunity for an even easier turnkey move. Recently reduced from $225,000 to $215,000, with the seller offering up to $5,000 toward buyer closing costs or a mortgage rate buydown with an acceptable offer. Don’t miss the opportunity to make this beautifully updated home yours!
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
- $250 / 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 | $215.0K | $225.8K |
| Price per sq ft | $217 | $213 |
| Built year | 1981 | 1996 |
| HOA | $250 | $254 |
| Days on market | 37 | 71 |
Pricing History
Listed for Sale
Aug 28, 2026
$215,000
$225,000
-4% Price Drop
Initial Listing
Price Change
Aug 3, 2026
$225,000
Initial Listing
Sold
Nov 4, 1997
$59,000
Public Record