5445 Shay Mountain Place 202, Las Vegas, NV 89149, Las Vegas, 89149 - 2 bed, 2 bath
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Las Vegas, NV 89149
This 2-Bedroom Condominium is a Strong Value Opportunity, listed at $270,000—positioned well below the $293,032 Fair Market Value by 7%. This valuation gap offers $23,032 in Instant Equity for the buyer. The property maintains a Good Condition Rating with modern interior updates and access to resort-style amenities, including a pool, spa, and guard-gated security. With an assumable loan option available, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, high-amenity lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5445 Shay Mountain Place 202 Subject | $250,000* List Price | 2 | 2 | 1,083 | $264 | - |
A 7310 CAMROSE RIDGE Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
B 7310 CAMROSE RIDGE Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
C 7310 Camrose Ridge Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
D 7310 Camrose Ridge Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
E 7270 Sheared Cliff Lane 202 Sold | $280,000 | 2 | 2 | 1,083 | $259 | 0.1 mi |
F 7270 SHEARED CLIFF Lane 202 Sold | $280,000 | 2 | 2 | 1,083 | $259 | 0.1 mi |
G 7295 Diamond Canyon Lane 202 Active | $289,999 List Price | 2 | 2 | 1,083 | $268 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (23 years old), the property qualifies as 'Good' due to visible interior updates. The bathroom features a modern double vanity with vessel sinks and updated fixtures, indicating a renovation likely within the last 5-15 years. The unit appears well-maintained and move-in ready.
The property is positioned as the best-priced unit in the subdivision and offers a rare assumable loan at a below-market interest rate, providing significant long-term savings.
Located in a guard-gated community with 24-hour security, residents enjoy premium perks including a pool, spa, tennis, pickleball, and exclusive discounts for golf and the clubhouse.
As part of Painted Desert's youngest community built in 2003, the unit features modern conveniences such as an attached garage and a private balcony, enhancing its functional appeal.
The unit is located on the second floor, which may be a drawback for buyers with mobility concerns or those who prefer the ease of ground-floor access.
While the assumable loan is a major benefit, the requirement for the buyer to qualify specifically for that loan may create a higher barrier to entry and a more complex closing process.
ABSOLUTELY BEST PRICED, ONE OF A KIND DEAL IN THE SOLANA DEL MAR SUBDIVISION OF THE PAINTED DESERT COMMUNITY. DON'T MISS THIS DEAL AT BELOW MARKET PRICING... CHECK THE COMPS .... SEE FOR YOURSELF THIS 2 BEDROOM /2 BATH 2ND FLOOR UNIT OF 1083 SQ. FEET FEATURES ALL APPLIANCES ATTACHED GARAGE AND BALCONY IN PAINTED DESERT'S YOUNGEST COMMUNITY. POOL/ SPA, RESIDENT DISCOUNTS FOR GOLF AND CLUBHOUSE, TENNIS, PICKLEBALL AND SO MUCH MORE. GUARD GATED SECURITY WITH 24 HOUR PATROLS. A COMMUNITY WITH A REAL NEIGHBORHOOD FEEL.
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,083 | - |
| Lot Size | 2,500 | - |
| Price | $250.0K | $217.2K |
| Price per sq ft | $231 | $219 |
| Built year | 2003 | 0 |
| HOA | $242 | $0 |
| Days on market | 75 | 828 |
Jun 10, 2026
$250,000
$270,000
-7% Price Drop
Initial Listing
May 8, 2026
$270,000
Initial Listing