5260 Mission Monterey Lane 208, Las Vegas, NV 89107, Las Vegas, 89107 - 2 bed, 2 bath
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Las Vegas, NV 89107
This Turnkey Condominium represents a Strong Value Opportunity, listed at $177,900—positioned well below the $179,644 Fair Market Value by 0.97%. This valuation gap offers $1,744 in Instant Equity. Featuring a Mint Condition Rating with a Modernized Granite Kitchen and stainless appliances, the unit provides a low-maintenance lifestyle with access to a Pool and Spa. While school ratings are modest, the property’s proximity to the US-95 and the Strip makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5260 Mission Monterey Lane 208 Subject | $177,900* List Price | 2 | 2 | 876 | $205 | - |
A 5220 Mission Carmel Lane 107 Sold | $141,000 List Price | 2 | 2 | 876 | 0.1 mi | |
B 5220 Mission Carmel Lane 107 Sold | $185,000 List Price | 2 | 2 | 876 | 0.1 mi | |
C 212 Orland Street 28 Sold | $135,000 | 2 | 1 | 748 | $180 | 0.5 mi |
D 5261 Mission Carmel Lane 204 Active | $169,995 List Price | 2 | 2 | 876 | $194 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a recent comprehensive renovation. The kitchen features modern granite countertops and stainless steel appliances, while the bathrooms have been fully updated with contemporary vanities, shiplap accents, and new tile work. The unit is in mint, move-in-ready condition.
The unit features recent updates including granite countertops and stainless steel appliances, offering a move-in-ready experience that appeals to both first-time buyers and renters.
Situated in a secure gated community with immediate access to the US-95 and proximity to the Las Vegas Strip, providing excellent connectivity for commuters.
Residents have access to a comprehensive suite of amenities including two pools, a spa, a fitness room, and a lush courtyard, enhancing the overall lifestyle value.
The monthly HOA fee of $370 is relatively high compared to the listing price, which may impact monthly affordability and investor cap rates.
The assigned public schools have low ratings (2-3 out of 10), which could deter families and potentially limit long-term capital appreciation.
Welcome to this newly updated second-floor condo that sits in a quiet gated Las Vegas community, just minutes from the Strip and easily accessible to the US-95. It features two spacious bedrooms, a bright living area with a fireplace and a modern kitchen with granite counters and stainless appliances. Enjoy a private balcony and easy access to two pools, a spa, a fitness room, and a lush courtyard. It’s a fantastic opportunity for a first time home buyer or an investor with low taxes and low maintenance.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 876 | - |
| Lot Size | 8,967 | - |
| Price | $177.9K | $217.2K |
| Price per sq ft | $203 | $219 |
| Built year | 1989 | 0 |
| HOA | $370 | $0 |
| Days on market | 36 | 828 |
Jun 16, 2026
$177,900
Initial Listing