5259 Caspian Springs Drive 103, Las Vegas, NV 89120, Las Vegas, 89120 - 1 bed, 1 bath
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Las Vegas, NV 89120
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $141,000—positioned slightly above the $134,143 Fair Market Value. While the property carries a Fair Condition Rating, it features a Granite Kitchen, updated HVAC, and a private Patio, ensuring immediate functionality. Its ground-floor layout provides excellent accessibility, while the resort-style community amenities offer a high-quality lifestyle just minutes from the Strip. This property is an ideal acquisition for Buy-and-Hold Investors seeking a stable rental asset or first-time buyers prioritizing convenience and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5259 Caspian Springs Drive 103 Subject | $141,000* List Price | 1 | 1 | 705 | $190 | - |
A 3038 Casey Drive 204 Sold | $137,500 | 1 | 1 | 697 | $197 | 0.2 mi |
B 3119 Key Largo Drive 202 Sold | $143,500 | 1 | 1 | 697 | $206 | 0.2 mi |
C 3101 Casey Drive 204 Sold | $175,000 | 2 | 2 | 987 | $177 | 0.1 mi |
D 3041 Casey Drive 102 Active | $138,500 List Price | 1 | 1 | 697 | $199 | 0.2 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 dated. While the kitchen and bath have been partially updated with granite countertops and the HVAC/water heater are newer, the original oak cabinetry and white appliances reflect its age. It fits the 'Fair' criteria as a functional home that requires aesthetic modernization.
The unit features granite countertops, updated HVAC, and a newer water heater, offering immediate occupancy with reduced near-term maintenance costs for the buyer.
As a ground-floor unit with no stairs and assigned covered parking nearby, it provides excellent accessibility and convenience compared to upper-level alternatives.
Situated just 10 minutes from the Las Vegas Strip and Airport, the property benefits from resort-style community features including three pools and a fitness center.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =705, other record lot size in square feet = 812.
The monthly association fee of $311 is relatively high compared to the $141,000 listing price, which may impact the overall monthly debt-to-income ratio for some buyers.
With only 705 square feet and a single bedroom, the property offers limited versatility for those requiring a home office or additional storage space.
Why Rent when you can own it for less!! Great Ground-floor home. No Stairs! Close to Your assigned covered parking. This Home is in Move-In Ready! Kitchen has granite countertops recessed lighting and includes all appliances. The bathroom has dual granite sinks tile flooring and a garden style soaking tub-shower combination. Bedroom has a walk-in closet and a separate door to the back Patio, The heating and cooling system has been recently updated, Newer Water Heater. All appliances are included and in good working condition including the washer and dryer. Canyon Willow is a Resort-Style living Community with 3 separate swimming pools, a clubhouse and fitness center. Plenty of Shopping and Dining near by and only 10 minutes from the Las Vegas Strip and Harry Reid International Airport and UNLV. Make this a year round home or winter get-away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 705 | - |
| Lot Size | 705 | - |
| Price | $141.0K | $217.2K |
| Price per sq ft | $200 | $219 |
| Built year | 1994 | 0 |
| HOA | $311 | $0 |
| Days on market | 13 | 828 |
Jul 9, 2026
$141,000
Initial Listing
Mar 9, 1994
$56,000
Public Record