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 presents a Prime Investment Opportunity, listed at a List Price of $205,000—positioned well below the $210,917 Fair Market Value by 2%. This valuation gap offers $5,917 in Instant Equity. Featuring a Condition Rating of 4, the unit is move-in ready with a private patio, swimming pool, and spa access. Located near top-rated schools like Palo Verde High, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-located asset.
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 | $190 | - |
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 7901 Idledale Court 101 Sold | $210,000 | 2 | 2 | 1,168 | $180 | 0.5 mi |
F 8452 BOSECK Drive 208 Sold | $257,000 | 2 | 2 | 1,080 | $238 | 0.2 mi |
G 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 features original-style finishes including oak cabinetry, linoleum flooring, and dated tile work. While the unit is well-maintained and move-in ready, the kitchen and bathrooms exceed the 20-year threshold for modern updates and are considered dated by current market standards.
This ground-floor unit offers easy access and is ideally situated near Summerlin Parkway, Downtown Summerlin, and Boca Park, providing high-demand convenience to premier shopping and dining.
The condo is move-in ready and includes all essential appliances—refrigerator, dishwasher, washer, and dryer—offering significant value and convenience for first-time buyers or investors.
Residents enjoy access to a well-maintained suite of amenities, including a swimming pool, spa, fitness center, and clubhouse, which enhances the lifestyle appeal of the development.
Built in 1994 and featuring linoleum and carpet flooring, the interior may require cosmetic modernizations to compete with newer or fully renovated units in the area.
The monthly association fee of $304 represents a significant ongoing carrying cost that may impact the overall affordability for budget-conscious buyers.
MORTGAGE SAVINGS MAY BE AVAILABLE FOR BUYERS OF THIS LISTING! It's all in the details. 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 high in demand and conveniently located near major shopping centers and restaurants. If you're 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,108 | 1,108 | 50% |
| Lot Size | - | 593 | 44% |
| Price | $205.0K | $210.0K | 47% |
| Price per sq ft | $185 | $203 | 34% |
| Built year | 1994 | 1993 | 54% |
| HOA | $304 | $200 | 92% |
| Days on market | 24 | 766 | 2% |
May 21, 2026
$205,000
Initial Listing
Apr 22, 1994
$79,000
Public Record
Mar 31, 1994
$80,500
Public Record