5200 Indian River Drive 301, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
5200 Indian River Drive 301
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 5200 Indian River Drive 301, Las Vegas, NV 89103 is currently available with a list price of $185,000. 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 significant interior updates that exceed its 1982 original construction. Key improvements include modern ceramic wood-look tile flooring throughout, granite countertops, and stainless steel kitchen appliances. While the building infrastructure is older, the unit itself has been well-maintained and renovated to meet contemporary aesthetic standards, making it a high-quality, functional living space.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The Bella Vita community offers an extensive amenity package including six pools, three clubhouses, five tennis courts, and 24-hour guard-gated security, providing exceptional lifestyle value for the price point.
- Strategic Location
Ideally situated just minutes from both Chinatown and the Las Vegas Strip, this property offers prime access to world-class dining, entertainment, and major employment hubs.
- Modernized Interior Finishes
The unit features attractive contemporary upgrades, including ceramic wood-look tile flooring, granite countertops, and stainless steel appliances, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
With an original build date of 1982, the property may face higher long-term maintenance requirements for plumbing and electrical systems compared to newer condominium developments.
- Modest School Ratings
The assigned middle and high schools carry ratings of 4 and 5, which may be a drawback for families prioritizing high-performing educational districts.
About 5200 Indian River Drive 301
Welcome to Bella Vita, a guard-gated resort-style community with 24 hr. security. This 2-bedroom, 2-bathroombottom-floor unit condo is conveniently located in a community featuring six pools, three clubhouses, five tennis courts, three gyms, saunas, cabanas, and more. It's also located minutes away from Chinatown and the Las Vegas Strip. This home features attractive ceramic wood-look tile flooring, and the kitchen is equipped with a breakfast bar, stainless steel appliances, and granite countertops. Must see!!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 4,150 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $302 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.3 mi
Kenny C Guinn Middle School
Grades 6-8 • 1.0 mi
Grant Sawyer Middle School
Grades 6-8 • 1.9 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 | 978 | 884 | 57% |
| Lot Size | 4,150 | 700 | 76% |
| Price | $185.0K | $157.0K | 68% |
| Price per sq ft | $189 | $194 | 45% |
| Built year | 1982 | 1984 | 42% |
| HOA | $302 | $195 | 92% |
| Days on market | 75 | 655 | 3% |
Pricing History
Listed for Sale
Dec 22, 2025
$185,000
Initial Listing