
Las Vegas, NV 89103
This 1-Bedroom Condominium represents a Strong Value Opportunity, listed at $165,000—positioned above the $146,926 Fair Market Value. While priced for stability in a prime location, the property features a Condition Rating of 3, highlighted by a 2025 HVAC replacement, Granite Kitchen, and Luxury Vinyl Plank Flooring. Residents enjoy a Guard-Gated Lifestyle with access to pools and fitness centers. Its proximity to the Strip and UNLV ensures consistent demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, centrally located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5081 River Glen Drive Unit 97 Subject 1 bd · 1 ba · 700 sqft · $201 | $149,990* List Price | 1 | 1 | 700 | $201 | - |
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 4941 River Glen Drive 10 Sold 1 bd · 1 ba · 700 sqft · $225 · 0.1 mi | $157,500 | 1 | 1 | 700 | $225 | 0.1 mi |
C 5121 River Glen Drive 138 Sold 2 bd · 1 ba · 816 sqft · $202 · 0.0 mi | $165,000 | 2 | 1 | 816 | $202 | 0.0 mi |
D 5160 Indian River Drive 346 Sold 1 bd · 1 ba · 700 sqft · $179 · 0.1 mi | $125,000 | 1 | 1 | 700 | $179 | 0.1 mi |
E 5295 Indian River Drive 312 Sold 1 bd · 1 ba · 700 sqft · $194 · 0.2 mi | $136,000 | 1 | 1 | 700 | $194 | 0.2 mi |
F 5163 Indian River Drive 205 Sold 1 bd · 1 ba · 700 sqft · $217 · 0.1 mi | $152,000 | 1 | 1 | 700 | $217 | 0.1 mi |
G 5350 River Glen Drive 298 Sold 1 bd · 1 ba · 700 sqft · $186 · 0.2 mi | $130,000 | 1 | 1 | 700 | $186 | 0.2 mi |
H 5116 River Glen Drive Unit 228 Active 1 bd · 1 ba · 700 sqft · $214 · 0.0 mi | $149,900 List Price | 1 | 1 | 700 | $214 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent updates, including a brand new HVAC system replaced in 2025, granite countertops, and luxury vinyl plank flooring.
Situated less than 3 miles from the Las Vegas Strip and close to UNLV and Harry Reid International Airport, this property offers exceptional accessibility for commuters and high potential for rental demand.
The condo features a brand-new HVAC system installed in 2025 and modern interior updates, including granite countertops and luxury vinyl plank flooring, significantly reducing immediate move-in or maintenance costs.
Located within a secure guard-gated community, the property provides residents with premium lifestyle amenities including multiple swimming pools, tennis courts, and a fitness center.
Built in 1982, the property may require ongoing attention to older building components or common area infrastructure that typically accompanies developments of this vintage.
At 700 square feet, the compact one-bedroom layout may feel restrictive for buyers seeking additional storage, a home office, or more expansive living areas.
Welcome to this centrally located 1-bedroom, 1-bathroom condo in a guard-gated Las Vegas community! This inviting condo offers a comfortable layout with stylish updates, including granite countertops and commercial-grade vinyl plank flooring throughout the main living areas. The bedroom also features commercial-grade carpeting for added comfort. The condo includes a washer, dryer, refrigerator, and dishwasher, making it convenient for everyday living. Recent improvements include a new built-in microwave and an HVAC system replaced in 2025, providing added peace of mind. Step outside and enjoy the spacious private patio, complete with a convenient storage closet—ideal for outdoor living, entertaining, or storing seasonal items and personal belongings. Enjoy the amenities of this guard-gated community, featuring multiple swimming pools, tennis courts, and a fitness center/gym—perfect for relaxing, staying active, and enjoying the Las Vegas lifestyle. Conveniently located near the Las Vegas Strip and less than 3 miles to the Bellagio, 5.5 miles to Harry Reid International Airport, and 5.4 miles to UNLV, this condo provides easy access to entertainment, dining, shopping, employment centers, and major transportation routes. Whether you're looking for a primary residence, a convenient Las Vegas home, or an investment opportunity, this well-maintained condo offers comfort, convenience, desirable community amenities, and a prime central location.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.1 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 700 | 1,048.989 |
| Lot Size | - | 5,669.706 |
| Price | $150.0K | $221.6K |
| Price per sq ft | $214 | $210 |
| Built year | 1982 | 1996 |
| HOA | $252 | $254 |
| Days on market | 29 | 70 |
Oct 23, 2026
$149,990
$165,000
-9% Price Drop
Initial Listing
Sep 25, 2026
$165,000
Initial Listing