525 Indian Princess Drive 201, Las Vegas, NV 89145, Las Vegas, 89145 - 2 bed, 2 bath
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Las Vegas, NV 89145
This Upgraded Turnkey Condominium is a Strong Value Opportunity, listed at $248,000—positioned well below the $266,494 Fair Market Value by 6%. This valuation gap provides $18,494 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the interior features New Luxury Vinyl Plank Flooring, fresh paint, and Modernized Bathrooms with marble-style tile. Residents enjoy resort-style amenities including a Waterfall Pool and Spa. Located near the highly-rated Walter Johnson Junior High, this property balances lifestyle with financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 Indian Princess Drive 201 Subject | $248,000* List Price | 2 | 2 | 1,108 | $241 | - |
A 508 Indian Princess Drive 102 Sold | $210,000 | 2 | 2 | 1,108 | $190 | 0.0 mi |
B 508 Indian Princess Drive 202 Sold | $224,500 | 2 | 2 | 1,108 | $203 | 0.0 mi |
C 8452 Boseck Drive 208 Sold | $257,000 | 2 | 2 | 1,080 | $238 | 0.2 mi |
D 8301 Boseck Drive 208 Sold | $270,000 | 2 | 2 | 1,229 | $220 | 0.2 mi |
E 900 Heavenly Hills Court 217 Sold | $260,000 | 2 | 2 | 1,129 | $230 | 0.3 mi |
F 900 Heavenly Hills Court 217 Sold | $260,000 | 2 | 2 | 1,129 | $230 | 0.3 mi |
G 8452 Boseck Drive 217 Active | $260,000 List Price | 2 | 2 | 1,080 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, making it fully move-in ready. Key upgrades include new luxury vinyl plank flooring, fresh neutral paint, and updated modern light fixtures throughout. The bathrooms have been completely modernized with marble-style tile surrounds, new vanities with stone countertops, and contemporary hardware. The kitchen is well-maintained with stone countertops and newer appliances, and while the building was constructed in 1994, the interior finishes meet current high-quality standards with no visible deferred maintenance.
The property is move-in ready with high-quality upgrades including new vinyl flooring, fresh paint, updated lighting, and newer appliances, providing a contemporary feel that appeals to modern buyers.
Residents benefit from an extensive amenity package featuring a waterfall pool, spa, fitness center, and clubhouse, which significantly enhances the lifestyle value of the condominium.
Conveniently located near major roadways, shopping, and dining, the property also boasts excellent proximity to Walter Jacobson Elementary School, situated just 0.15 miles away.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4232, other record lot size in square feet = 2825.
Built in 1994, the property may face upcoming maintenance requirements for aging structural components or common areas that are not covered by the recent interior cosmetic updates.
While the elementary and middle schools are well-rated, the assigned high school has a lower rating of 3, which could be a deterrent for families and impact long-term appreciation.
This upgraded 1,108 sq. ft., 2-bedroom, 2-bathroom condo is move-in ready and located within a well-maintained community. The home features new vinyl flooring, fresh paint, updated lighting, and newer appliances, creating a bright, modern atmosphere. Residents enjoy resort-style amenities, including a waterfall pool and spa, a fitness center, a clubhouse, and a BBQ area. The property is also conveniently located near shopping, dining, and major roadways.
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 | 4,232 | 593 | 81% |
| Price | $248.0K | $186.5K | 72% |
| Price per sq ft | $224 | $199 | 77% |
| Built year | 1994 | 1993 | 57% |
| HOA | $304 | $200 | 94% |
| Days on market | 23 | 1253 | 1% |
Mar 30, 2026
$248,000
Initial Listing
Sep 3, 2009
$53,000
Public Record