5317 Indian River Drive 297, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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5317 Indian River Drive 297
Las Vegas, NV 89103
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
978Sq Ft
0Lot Size
Property Price
LIST PRICE$288,700
EST. MARKET VALUE
$258,366
11% AboveMARKET VALUE
SUMMARY
This Turnkey Modern Condo is a High-Potential Investment Opportunity, listed at $288,700—positioned above the $256,456 Fair Market Value. While priced above market, the property features a Mint Condition Rating with a custom chef's kitchen, premium Anderson windows, and resort-style amenities including six pools and 24-hour security. Its proximity to the Las Vegas Strip and major stadiums ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors seeking a low-maintenance asset or Owner-Occupants desiring a luxury, move-in ready lifestyle.
Estimated Market Value
$258,366
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5317 Indian River Drive 297 Subject | $288,700* List Price | 2 | 2 | 978 | $264 | - |
A 6250 W Flamingo Road 17 Sold | $250,000 | 2 | 2 | 1,038 | $241 | 0.9 mi |
B 5404 River Glen Drive 353 Active | $240,000 List Price | 2 | 2 | 978 | $245 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a high-end, modern renovation completed within the last 5 years. Key upgrades include a custom chef's kitchen with quartz countertops and pro-tier appliances, brand new carpet, fresh paint, wood-like tile flooring, and premium Anderson windows, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Custom Renovations
The property features a one-of-a-kind chef's kitchen with a quartz peninsula, professional-grade appliances, and premium Anderson windows, offering a level of luxury that exceeds standard condo finishes.
- Extensive Resort Amenities
Located in a 24-hour guard-gated community, residents have access to six pools, three clubhouses, five tennis courts, and multiple fitness centers, providing a comprehensive resort-style living experience.
- Prime Location
Situated just minutes from the Las Vegas Strip, Allegiant Stadium, and T-Mobile Arena, the property offers exceptional convenience for entertainment and high potential for rental demand.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1982, the building's underlying systems and exterior common areas may require more frequent maintenance compared to newer developments in the area.
- Modest School Ratings
The assigned middle and high schools have lower ratings (4 and 5), which may be a consideration for families prioritizing top-tier public education districts.
About 5317 Indian River Drive 297
Welcome home to this beautiful, luxurious, highly upgraded, first floor modern condo. Formal entry, Large Living Room and Spacious Bedrooms. The centerpiece of this home is the one-of-a-kind custom chef's kitchen, anchored by a 60"x50" quartz peninsula - an entertainer's dream. It features custom soft close cabinets with ambient under-cabinet lighting, a sleek slide in stove with professional hooded vent, wall mounted pot filler, integrated microwave drawer, stainless steel farm-style sink, Pro-tier appliances and hardware, plus 6 -inch recessed LED lighting in both kitchen and living room. Home has wood-like tile flooring, brand new carpet in bedrooms and fresh paint. Premium Anderson windows with fully transferable warranty and patio door with built-in blinds. Newly remodeled primary shower with glass door. Newer washer, dryer and refrigerator included. Come live in this Resort Style Community with 6 Sparkling Pools, Spas, Saunas, 3 Clubhouses, 3 Exercise Facilities, and 5 Tennis Courts. Located in a Guard Gated complex with 24 hour roaming security. World Class desirable location minutes from Las Vegas Strip, Allegiant Stadium, T-Mobile Arena, and future Athletics MLB Stadium. Perfect for anyone - year round resident , vacation home, or investor. A Must See!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $307 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.3 mi
6/10
Kenny C Guinn Middle School
Grades 6-8 • 1.0 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 1.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 978 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $288.7K | $225.8K |
| Price per sq ft | $295 | $213 |
| Built year | 1982 | 1996 |
| HOA | $307 | $254 |
| Days on market | 46 | 71 |
Pricing History
Listed for Sale
Jul 25, 2026
$288,700
Initial Listing