5295 Indian River Drive 305, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
5295 Indian River Drive 305
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 5295 Indian River Drive 305, Las Vegas, NV 89103 is currently available with a list price of $199,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features updated granite countertops in the kitchen, which is a significant upgrade from the original 1982 finishes. While the property is over 40 years old, it appears well-maintained with functional systems and cosmetic updates that meet modern move-in standards without the need for immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The community offers an exceptional suite of amenities including six pools, three clubhouses, five tennis courts, and three gyms, providing a high-end lifestyle for residents.
- 24-Hour Guard Gated Security
Located in a 24-hour guard-gated community, the property ensures a secure and private environment, which is a significant value-add for safety-conscious buyers.
- Updated Interior Features
The unit boasts modern granite countertops and a dedicated breakfast nook, enhancing the aesthetic appeal and functionality of the kitchen area.
CONSRISKS & DEFICIENCIES
- Property Age
Constructed in 1982, the property may face challenges related to aging infrastructure and could require more maintenance compared to more modern builds.
- Limited Square Footage
At 700 square feet, the compact one-bedroom layout may be a drawback for those needing extra space for storage or a home office.
About 5295 Indian River Drive 305
RESORT STYLE LIVING IN A 24 HOUR GURAD GATED COMMUNITY!!! ONE BEDROOM AND ONE BATHROOM CONDO, GRANITE COUNTERTOPS, NOOK, COMMUNITY HAS SIX POOLS, THREE CLUBHOUSES, 5 TENNIS COURTS, OUTDOOR AND INDOOR SPAS, MEN'S AND WOMEN'S WET/DRY SAUNAS, THREE GYMS, CABANAS, BBQS AND MUCH MORE!!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 700 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $224 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.3 mi
Kenny C Guinn Middle School
Grades 6-8 • 1.0 mi
Grant Sawyer Middle School
Grades 6-8 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 34% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 700 | 884 | 28% |
| Lot Size | 700 | 700 | 50% |
| Price | $199.9K | $157.0K | 73% |
| Price per sq ft | $286 | $197 | 97% |
| Built year | 1982 | 1984 | 42% |
| HOA | $224 | $195 | 67% |
| Days on market | 249 | 655 | 37% |
Pricing History
Listed for Sale
Jul 1, 2025
$199,900
Initial Listing