525 Indian Princess Drive 101, Las Vegas, NV 89145, Las Vegas, 89145 - 2 bed, 2 bath
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Las Vegas, NV 89145
This ground-floor condo represents a Strong Value Opportunity, listed at $205,000—positioned well below the $220,612 Fair Market Value by 7%. This valuation gap offers $15,612 in Instant Equity for the buyer. With a Condition Rating of 4, the unit is move-in ready but offers significant potential for cosmetic upgrades to boost long-term value. Featuring a private patio, community pool, and spa, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a well-located, amenity-rich residence near Summerlin.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 Indian Princess Drive 101 Subject | $205,000* List Price | 2 | 2 | 1,108 | $199 | - |
A 525 INDIAN PRINCESS Drive 204 Sold | $220,000 | 2 | 2 | 1,108 | $199 | 0.0 mi |
B 508 Indian Princess Drive 102 Sold | $210,000 | 2 | 2 | 1,108 | $190 | 0.0 mi |
C 508 Indian Princess Drive 202 Sold | $224,500 | 2 | 2 | 1,108 | $203 | 0.0 mi |
D 8452 Boseck Drive 208 Sold | $257,000 | 2 | 2 | 1,080 | $238 | 0.2 mi |
E 8452 BOSECK Drive 208 Sold | $257,000 | 2 | 2 | 1,080 | $238 | 0.2 mi |
F 7901 Idledale Court 101 Sold | $210,000 | 2 | 2 | 1,168 | $180 | 0.5 mi |
G 7905 GREYCREST Court 201 Sold | $162,000 List Price | 2 | 2 | 1,168 | 0.6 mi | |
H 605 Devonhall Street 202 Sold | $253,000 | 2 | 2 | 1,168 | $217 | 0.6 mi |
I 8409 Running Deer Avenue 104 Active | $246,000 List Price | 3 | 2 | 1,112 | $221 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property is well-maintained and 'move-in ready' but remains largely dated. The kitchen features original oak cabinetry and white tile countertops typical of the 90s. While the stainless steel appliances are a modern touch, the linoleum flooring and overall finishes are over 20 years old, placing it firmly in the Fair category requiring cosmetic updates.
This ground-floor unit offers effortless access and is ideally situated minutes from Summerlin Parkway, Downtown Summerlin, and Boca Park, providing residents with premier shopping, dining, and commuting convenience.
The condo is move-in ready and comes fully equipped with all essential appliances, including a refrigerator, washer, dryer, and microwave, reducing immediate out-of-pocket costs for the buyer.
The well-maintained Indian Wells development features a robust amenity package including a swimming pool, spa, fitness center, and clubhouse, enhancing the overall lifestyle and rental appeal.
The presence of linoleum and older carpet styles suggests the interior may require cosmetic updates to compete with more modern units in the Summerlin area.
The monthly association fee of $304 is a significant recurring cost that may impact the affordability and debt-to-income ratio for budget-sensitive buyers at this price point.
This clean and ready to go ground floor condo offers easy access and is ready for you to move in! It features 2 bedrooms and 2 bathrooms, along with a private patio area. This home boasts carpet, tile and linoleum flooring throughout with decent bedroom sizes. This condo also comes equipped with a microwave, stove, refrigerator, dishwasher and a washer & dryer. This quiet and well kept condo development offers a range of amenities, including a swimming pool, spa, clubhouse and a fitness center. There is plenty of guest parking and one covered parking space for the owner. The area is conveniently located near major shopping centers and restaurants. If you are looking for a comfortable and conveniently located home with great amenities, this condo is a must-see! Minutes from Summerlin Pkwy, downtown Summerlin and Boca Park.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,108 | - |
| Lot Size | - | - |
| Price | $205.0K | $217.2K |
| Price per sq ft | $185 | $219 |
| Built year | 1994 | 0 |
| HOA | $304 | $0 |
| Days on market | 35 | 828 |
Jun 17, 2026
$205,000
Initial Listing
Apr 22, 1994
$79,000
Public Record
Mar 31, 1994
$80,500
Public Record