5350 River Glen Drive 298, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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Las Vegas, NV 89103
This Second-Floor Guard-Gated Condo is a Strong Value Opportunity, listed at $145,000—positioned well below the $152,500 Fair Market Value by 4%. This valuation gap provides $7,500 in Instant Equity for buyers. While maintaining a Condition Rating of 4 with dated interiors, the unit offers significant value-add potential through cosmetic updates. Residents enjoy resort-style pools, tennis courts, and proximity to Allegiant Stadium, with access to the Joseph E Thiriot Elementary (Rating 6). This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5350 River Glen Drive 298 Subject | $145,000* List Price | 1 | 1 | 700 | $218 | - |
A 5314 River Glen Drive 291 Sold | $144,888 List Price | 1 | 1 | 700 | 0.0 mi | |
B 5314 River Glen Drive 287 Sold | $120,000 | 1 | 1 | 700 | $171 | 0.0 mi |
C 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.2 mi |
D 5185 Indian River Drive 225 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.2 mi |
E 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.2 mi |
F 5160 Indian River Drive 345 Sold | $140,000 | 1 | 1 | 700 | $200 | 0.1 mi |
G 5295 Indian River Drive 312 Pending | $160,000 List Price | 1 | 1 | 700 | $229 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this condo is in mostly original or older condition. The carpeting shows significant wear and indentations, and the overall interior aesthetic is dated. While the unit appears functional and is located in a well-maintained guard-gated community, it requires cosmetic updates like new flooring and paint to meet current market standards.
The property is situated within a secure guard-gated community featuring resort-style pools and tennis courts, providing both safety and high-end recreational options for residents.
Located near Allegiant Stadium, major shopping centers, and key thoroughfares, this condo offers exceptional convenience and strong potential for rental demand.
At a list price of $145,000, this unit represents an affordable entry-level opportunity for first-time homebuyers or investors looking for a turnkey-style asset in Las Vegas.
Built in 1982, the property may require more frequent maintenance or modern updates to compete with newer residential developments in the surrounding area.
With only 700 square feet of living area, the one-bedroom layout may feel restrictive for residents requiring extra storage or a dedicated home office space.
Beautiful second floor 1 bedroom 1 bath condo in Guard Gated Community! Resort Style Pools and Tennis Courts. Located near stadium and many convenient shopping centers, easy access to many of City thoroughfares.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.9 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 36% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 700 | 880.5 | 33% |
| Lot Size | - | 0.5 | 50% |
| Price | $145.0K | $156.1K | 42% |
| Price per sq ft | $207 | $195 | 65% |
| Built year | 1982 | 1983 | 47% |
| HOA | $242 | $188 | 75% |
| Days on market | 21 | 1176 | 1% |
Apr 1, 2026
$145,000
Initial Listing