5216 Mandalay Springs Drive 203, Las Vegas, NV 89120, Las Vegas, 89120 - 3 bed, 2 bath
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Las Vegas, NV 89120
This Centrally Located Turnkey Condo is listed at $240,000, offering exceptional value right at its $240,628 Fair Market Value. Boasting a Good Condition Rating, the residence features premium hardwood flooring, a remodeled bathroom with modern tile work, and a kitchen updated with stainless steel appliances. The unit provides a superior lifestyle with mountain views from the private balcony and access to three community pools and a fitness center. Located minutes from UNLV and the Strip, it perfectly balances urban convenience with resort-style amenities. This is an ideal match for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5216 Mandalay Springs Drive 203 Subject | $240,000* List Price | 3 | 2 | 1,190 | $202 | - |
A 3056 Casey Drive 201 Sold | $216,500 | 3 | 2 | 1,190 | $182 | 0.1 mi |
B 3056 Casey Drive 201 Sold | $216,500 | 3 | 2 | 1,190 | $182 | 0.1 mi |
C 3083 Casey Drive 101 Sold | $195,000 | 2 | 2 | 987 | $198 | 0.1 mi |
D 5130 Mandalay Springs Drive 103 Sold | $190,000 | 2 | 2 | 1,020 | $186 | 0.1 mi |
E 5130 Mandalay Springs Drive 102 Sold | $250,000 | 3 | 2 | 1,190 | $210 | 0.1 mi |
F 3101 Casey Drive 204 Sold | $175,000 | 2 | 2 | 987 | $177 | 0.1 mi |
G 5206 Mandalay Springs Drive 203 Active | $268,000 List Price | 3 | 2 | 1,190 | $225 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1995 (29 years old), the property is well-maintained and move-in ready. It features a high-end remodel of at least one bathroom with modern tile work and a glass enclosure. The kitchen has been refreshed with stainless steel appliances and an updated backsplash, though cabinets appear to be original units painted white. The inclusion of hardwood floors and the overall clean condition of the community amenities elevate it to 'Good' despite the age of the structure.
Situated minutes from the Las Vegas Strip and UNLV, this property offers exceptional convenience for students, professionals, and urban dwellers seeking proximity to major employment and entertainment hubs.
The unit features stylish hardwood flooring and a recently remodeled bathroom, providing a contemporary aesthetic and reducing the need for immediate post-purchase renovation.
Residents benefit from a comprehensive amenity package including three swimming pools, a fitness center, and scenic mountain views, offering a resort-like lifestyle within a residential setting.
The monthly association fee of $357 is relatively high for this price point, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
Built in 1995, the property and its common areas may require more frequent maintenance or future capital improvements compared to newer developments in the Las Vegas area.
Beautiful three-bedroom condo centrally located near shopping center; eateries; and minutes away from the Strip and close to UNLV. This condo offers plenty of space for urban living. You have beautiful mountain views from the balcony. This condo features hardwood floors; bathroom has been remodeled and much more. Plenty of guest parking. This community features three pools and a fitness center. It's a must see!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,190 | 1,017.5 | 82% |
| Lot Size | 1,681 | 2,640.5 | 36% |
| Price | $240.0K | $194.0K | 91% |
| Price per sq ft | $202 | $197 | 77% |
| Built year | 1995 | 1996 | 32% |
| HOA | $357 | $304 | 86% |
| Days on market | 45 | 342 | 5% |
May 2, 2026
$240,000
Initial Listing