5405 Indian River Drive 400, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
5405 Indian River Drive 400
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 5405 Indian River Drive 400, Las Vegas, NV 89103 is currently available with a list price of $146,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 1982, the unit has been extensively renovated within the last 5 years. It features a modern gourmet kitchen with granite countertops and stainless steel appliances, updated laminate flooring, contemporary light fixtures, and a fully modernized bathroom. The property is in turn-key condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Guard-Gated Security & Location
Situated in an exclusive 24/7 guard-gated community just minutes from the Las Vegas Strip, this property offers a rare combination of high-level security and prime urban accessibility.
- Resort-Style Amenities
The community provides an impressive array of lifestyle features, including a state-of-the-art fitness center, tennis courts, and a sparkling pool, offering significant value for the price point.
- Modernized Interior Finishes
The unit features a gourmet kitchen with sleek granite countertops and a bright, airy layout that elevates the living experience beyond standard condo offerings.
CONSRISKS & DEFICIENCIES
- Property Age
Constructed in 1982, the building's infrastructure and common elements may require more ongoing maintenance compared to newer residential developments.
- Limited Square Footage
At 700 square feet, the compact one-bedroom footprint may feel restrictive for buyers seeking additional storage or a dedicated home office space.
About 5405 Indian River Drive 400
Discover the epitome of luxury and convenience in this stunning condo, nestled within an exclusive guard-gated community just minutes from the vibrant Las Vegas Strip. This elegant home welcomes you with a bright and airy front living room, perfect for both relaxation and entertaining, flowing seamlessly into a gourmet kitchen adorned with sleek granite countertops, and ample cabinetry for culinary enthusiasts. Retreat to the spacious bedroom, bathed in natural light, offering a serene ambiance. Enjoy resort-style living with access to a state-of-the-art exercise room, sparkling community pool, well-maintained tennis courts, and 24/7 guard-gated security for ultimate peace of mind. This condo is a rare gem, blending sophisticated design with an unparalleled lifestyle. Schedule a viewing today—this is a must-see!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- -
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 • 0.2 mi
Kenny C Guinn Middle School
Grades 6-8 • 1.0 mi
Grant Sawyer Middle School
Grades 6-8 • 1.8 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 | - | 100 | 47% |
| Price | $146.9K | $155.2K | 40% |
| Price per sq ft | $210 | $197 | 63% |
| Built year | 1982 | 1984 | 42% |
| HOA | $242 | $195 | 74% |
| Days on market | 213 | 655 | 26% |
Pricing History
Listed for Sale
Aug 6, 2025
$146,900
Initial Listing