5060 Newport Cove Drive B, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
5060 Newport Cove Drive B
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 5060 Newport Cove Drive B, Las Vegas, NV 89119 is currently available with a list price of $199,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and features several key updates including stainless steel kitchen appliances, new bathroom sinks, and Stainmaster carpeting. While the building dates back to 1981, the interior has been well-maintained and refreshed with modern fixtures and finishes, making it functional and attractive without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated near UNLV, Harry Reid International Airport, and the Las Vegas Strip, offering high appeal for students, frequent travelers, and hospitality workers.
- Modern Interior Updates
Featuring stainless steel appliances, Stainmaster carpeting, and updated bathroom fixtures, the condo is in excellent, move-in-ready condition.
- Exceptional Value
With a drastically reduced price point under $200,000 for a 2-bedroom, 2-bathroom unit, this property offers a competitive entry point for investors or first-time buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2471, other record lot size in square feet = 1064.
- Aging Construction
Built in 1981, the building's age may necessitate future capital expenditures for plumbing, electrical, or structural maintenance compared to newer builds.
- Low School Ratings
The assigned elementary and high schools carry low performance ratings, which may impact long-term resale value and appeal to families with children.
About 5060 Newport Cove Drive B
Price drastically reduced for quick sale! This lovely clean and updated condo is in very good condition.Has beautiful Stainmaster carpet, Stainless steel kitchen appliances, new sinks in baths and so much more. The large primary bedroom features a ceiling fan and a generous wall-to-wall closets with mirrored doors. The secondary bedroom has a nice walk-in closet and ceiling fan. The living room features a fireplace and has access directly to the covered patio. This complex is centrally located and is within close proximity to UNLV, McCarran International Airport and is just minutes to the fabulous Las Vegas Strip!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 2,471 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $160 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.1 mi
Gene Ward Elementary School
Grades PK-5 • 0.4 mi
Helen C Cannon Junior High School
Grades 6-8 • 1.1 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 | 2,471 | 750 | 70% |
| Price | $199.0K | $125.0K | 76% |
| Price per sq ft | $201 | $167 | 73% |
| Built year | 1981 | 1980 | 53% |
| HOA | $160 | $215 | 29% |
| Days on market | 12 | 422 | 1% |
Pricing History
Listed for Sale
Feb 23, 2026
$199,000
Initial Listing