
Las Vegas, NV 89118
This Functional Southwest Condominium offers a stable acquisition opportunity, listed at $194,999—aligning exactly with its $194,999 Fair Market Value. Featuring a split-bedroom layout and a private covered patio, the unit provides a practical floor plan within a gated community boasting resort-style amenities like dual pools and a fitness center. While currently holding a Fair Condition Rating due to its original 1993 finishes, its proximity to the 6-rated Helen Jydstrup Elementary ensures consistent residential demand. This property is an ideal match for Buy-and-Hold Investors or first-time buyers seeking a value-add project through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5221 Lindell Road 202 Subject | $194,999* List Price | 2 | 2 | 965 | $202 | - |
A 5131 Lindell Road 106 Sold | $176,500 | 2 | 2 | 965 | $183 | 0.2 mi |
B 5161 LINDELL Road 201 Sold | $201,000 | 2 | 2 | 965 | $208 | 0.1 mi |
C 5225 W Reno Avenue 219 Sold | $220,000 List Price | 2 | 2 | 1,070 | 0.3 mi | |
D 5125 W Reno Avenue 2060 Sold | $239,000 List Price | 2 | 2 | 1,108 | 0.4 mi | |
E 5261 Lindell Road 205 Sold | $165,000 | 1 | 1 | 680 | $243 | 0.0 mi |
F 5261 LINDELL Road 205 Sold | $165,000 | 1 | 1 | 680 | $243 | 0.0 mi |
G 5131 Lindell Road 102 Active | $200,000 List Price | 2 | 2 | 965 | $207 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1993, is in a well-maintained but largely outdated condition. While the listing mentions new flooring in the kitchen and dining areas, the rest of the home features very dated red carpeting and older style fixtures. The exterior HVAC units also show signs of age. It fits the 'fair' criteria as a 30+ year old home that is functional and lived-in but requires cosmetic updates and modernization to meet current market standards.
The gated community offers extensive amenities including two pools, a spa, fitness center, and clubhouse, providing high lifestyle value for the monthly association fee.
Ideally situated near top-tier shopping, dining, and parks, with an elementary school within walking distance, making it highly attractive for both residents and investors.
The two-story floor plan features a private primary suite separate from the secondary bedroom, offering enhanced privacy and a modern open-concept living space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8017, other record lot size in square feet = 1892.
The unit includes only one assigned covered carport, which may present a challenge for households with multiple vehicles or frequent guests.
Built in 1993, the property may soon require capital improvements or updates to major mechanical systems to ensure long-term efficiency and modern standards.
Discover comfort and convenience of the Southwest! This beautifully maintained gated community condo offers 2 bedrooms, 2 full bathrooms, and a spacious two-story layout designed for modern living. Enjoy a bright formal living room that flows seamlessly into an open-concept gourmet kitchen, new flooring in kitchen and dining areas, complete with a built-in microwave and cozy dining area. The private primary suite, separate from the secondary bedroom, features a full bathroom and walk-in closet. Step outside to your covered patio, perfect for relaxing evenings. A covered 1-car carport is included for added convenience. Residents enjoy resort-style amenities including two sparkling pools, a spa, BBQ area, clubhouse, and fitness center. All of these just minutes from top-tier shopping, dining, entertainment, and beautiful parks! Don’t miss out—this is a must-see!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 965 | 1,034 | 43% |
| Lot Size | 8,017 | - | 80% |
| Price | $195.0K | $184.5K | 54% |
| Price per sq ft | $202 | $202 | 50% |
| Built year | 1993 | 1996 | 40% |
| HOA | $232 | $220 | 60% |
| Days on market | 149 | 986 | 11% |
Nov 24, 2025
$194,999
Initial Listing
Sep 2, 1992
$71,210
Public Record