530 Elm Drive 201, Las Vegas, NV 89169, Las Vegas, 89169 - 1 bed, 2 bath
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Las Vegas, NV 89169
This High-Potential Investment Opportunity is listed at a List Price of $165,000, positioned slightly above the $159,276 Fair Market Value. Despite the premium, the property offers a Mint Condition Rating following a comprehensive modern remodel, including new white shaker cabinets and LVP flooring. Featuring a unique loft-style primary suite and soaring vaulted ceilings, this unit provides 308 additional square feet over standard layouts. Ideally located near the Las Vegas Convention Center and the Sphere, this is a prime asset for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-demand rental location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 Elm Drive 201 Subject | $165,000* List Price | 1 | 2 | 770 | $207 | - |
A 530 Elm Drive 205 Sold | $165,000 | 1 | 2 | 770 | $214 | - |
B 585 S Royal Crest Circle 13 Active | $149,000 List Price | 2 | 1 | 816 | $183 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property has undergone a comprehensive modern remodel within the last 5 years. The kitchen features new white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms have been updated with contemporary tile surrounds and new fixtures. With new LVP flooring and fresh paint throughout, the unit is in mint, move-in-ready condition.
Situated moments from the Las Vegas Strip and directly adjacent to the Convention Center, this property offers unparalleled access to world-class dining, entertainment, and major business hubs.
Featuring soaring vaulted ceilings and a unique loft-style primary suite, this upstairs unit provides approximately 308 additional square feet compared to lower-level units, creating an exceptionally open and airy floor plan.
The condo has been recently remodeled and is offered in move-in-ready condition, providing immediate value for homeowners or investors seeking a low-maintenance asset in a gated community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3081, other record lot size in square feet = 1190.
The assigned public schools for this area carry low performance ratings (ranging from 2 to 3), which may limit the property's appeal to families prioritizing high-ranking educational districts.
Constructed in 1985, the property and its community infrastructure are nearly 40 years old, which may lead to higher long-term maintenance requirements or future capital improvement assessments.
Welcome to this spacious upstairs remodeled condo located just moments from the world-famous Las Vegas Strip and directly adjacent to the Las Vegas Convention Center. Nestled in a gated community, this exceptional home offers unbeatable access to world-class dining, shopping, entertainment, major resorts, and business centers. This unique upstairs unit features soaring vaulted ceilings and an expansive loft-style primary suite with a private bathroom, measuring approximately 22' x 13'. Offering approximately 308 additional square feet compared to lower-level units, the open and airy floor plan provides exceptional living space and flexibility.Relax on your private balcony, enjoy the convenience of assigned covered parking. Ideally situated just minutes from premier destinations including the Sphere, Fashion Show Las Vegas, the Hughes Center, and countless entertainment venues. Whether you're looking for a primary residence, a vacation retreat, or an investment opportunity, this move-in-ready condo offers the perfect combination of location, comfort, and value in the heart of Las Vegas.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 770 | - |
| Lot Size | 3,081 | - |
| Price | $165.0K | $217.2K |
| Price per sq ft | $214 | $219 |
| Built year | 1985 | 0 |
| HOA | $234 | $0 |
| Days on market | 7 | 828 |
Jul 15, 2026
$165,000
Initial Listing