5295 Indian River Drive 312, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
5295 Indian River Drive 312
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 5295 Indian River Drive 312, Las Vegas, NV 89103 is currently available with a list price of $160,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1982, this property is over 40 years old and is explicitly listed as needing 'TLC' and being sold 'as-is.' While the description mentions a modern kitchen, the overall age and the agent's note regarding required maintenance place it in the fair category, indicating it requires minor updates or repairs to meet current move-in standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated just minutes from the Las Vegas Strip, this property offers exceptional access to world-class dining, entertainment, and major employment hubs, making it ideal for professionals.
- Resort-Style Amenities
The guard-gated Bella Vita community features extensive amenities, including six swimming pools and three fitness centers, providing a high-end lifestyle at an accessible price point.
- Modern Open-Concept Layout
The condo boasts a contemporary open-concept living space and a modern kitchen, maximizing the 700 square feet to create a functional and inviting interior.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is noted to need 'TLC' and is being sold in as-is condition, which implies immediate additional investment will be required for repairs or updates.
- Aging Infrastructure
Built in 1982, the unit and community may face higher long-term maintenance requirements and lower energy efficiency compared to newer residential developments in the area.
About 5295 Indian River Drive 312
Experience city living at its finest in this chic condo retreat, nestled in a vibrant gated community Bella Vita is minutes from the Las Vegas Strip, this retreat is your gateway to a dynamic lifestyle, complete with trendy eateries, parks, and cultural Hot spots nearby. Immerse yourself in the luxurious ambiance of the building’s amenities, Guard gated, 6 community pools and 3 fitness centers. Step into a world of warmth and comfort as you enter the open-concept living space. This cottage features 1 bedroom and 1 bathroom, a living area, a modern kitchen, and a private patio. With bustling city life steps away, this condo offers an unparalleled cosmopolitan lifestyle that’s perfect for professionals and urban enthusiasts alike. Property needs a little TLC and is being sold as-is.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 6,078 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $242 / 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 | 6,078 | 700 | 89% |
| Price | $160.0K | $157.0K | 51% |
| Price per sq ft | $229 | $197 | 84% |
| Built year | 1982 | 1984 | 42% |
| HOA | $242 | $195 | 74% |
| Days on market | 71 | 655 | 2% |
Pricing History
Listed for Sale
Dec 26, 2025
$160,000
Initial Listing
Sold
Apr 30, 2013
$45,500
Public Record