555 East Silverado Ranch Boulevard 2159, Las Vegas, NV 89183, Las Vegas, 89183 - 1 bed, 1 bath
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555 East Silverado Ranch Boulevard 2159
Las Vegas, NV 89183
ACTIVE
CONDITION: FAIR
1Beds
1Baths
776Sq Ft
8,307Lot Size
Property Price
LIST PRICE$199,000
EST. MARKET VALUE
$188,422
5% AboveMARKET VALUE
SUMMARY
This condo presents a High-Potential Investment Opportunity with a List Price of $199,000—positioned well above the $188,422 Fair Market Value by -5%. While the unit requires cosmetic updates given its Fair Condition Rating, it offers a functional layout with Resort-Style Amenities including a pool and spa. Located near Top-Rated Schools like Roger D. Gehring Elementary and Coronado High, this property provides a stable foundation for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Silverado Ranch location.
Estimated Market Value
$188,422
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 |
|---|---|---|---|---|---|---|
★ 555 East Silverado Ranch Boulevard 2159 Subject | $199,000* List Price | 1 | 1 | 776 | $243 | - |
A 555 E Silverado Ranch Boulevard 1034 Sold | $210,000 | 1 | 1 | 776 | $271 | 0.1 mi |
B 555 East Silverado Ranch Boulevard 2150 Active | $214,999 List Price | 1 | 1 | 776 | $277 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999, this 25-year-old condo is in mostly original condition. The kitchen features dated oak-style cabinetry, laminate countertops, and older white appliances. While the unit appears clean and functional, the age of the finishes and likely original systems (HVAC/Electric) place it in the 'Fair' category, as it requires cosmetic modernization and minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roger D Gehring Elementary School (9/10). High School: Coronado High School (9/10).
- Prime Location
Situated in the desirable Silverado Ranch area, the property offers excellent proximity to the Las Vegas Strip, South Point Casino, and major freeways, ensuring high convenience for commuters and renters.
- Comprehensive Community Amenities
The gated Montana Condominiums provide significant lifestyle value through resort-style amenities, including a pool, spa, and fitness center, which are highly attractive for both primary residents and investors.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only one bedroom and a compact footprint, the property appeals to a narrower demographic and lacks the flexibility for a dedicated home office or guest room.
- Aging Infrastructure
Built in 1999, the property is over 25 years old, which may necessitate upcoming capital improvements or maintenance for major systems and appliances nearing the end of their functional lifespan.
About 555 East Silverado Ranch Boulevard 2159
Seller is highly motivated. Discover comfortable living in this 1-bedroom, 1-bath condo located in the desirable Montana Condominiums in Silverado Ranch. This inviting unit features laminate flooring throughout and an open, functional layout. The kitchen offers attractive cabinetry and includes a standalone range/oven and dishwasher. Ceiling fans with lights in both the living room and bedroom provide added comfort. The bathroom features a convenient shower/tub combination. Enjoy community amenities including a resort-style pool, spa, fitness center, and gated entry. Conveniently located near shopping, dining, schools, major freeways, and South Point Casino, with easy access to the Las Vegas Strip. Whether you're looking for a primary residence, second home, or investment opportunity, this condo offers convenience and comfort in a desirable Las Vegas location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- 8,307 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $192 / Month
Neighborhood Insights
Las Vegas Unified Schools
John R Hummel Elementary School
Grades PK-5 • 0.4 mi
5/10
Roberta C Cartwright Elementary School
Grades PK-5 • 0.6 mi
6/10
Roger D Gehring Elementary School
Grades PK-5 • 0.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 776 | 1,059.468 |
| Lot Size | 8,307 | 6,055.359 |
| Price | $199.0K | $225.8K |
| Price per sq ft | $256 | $213 |
| Built year | 1999 | 1996 |
| HOA | $192 | $254 |
| Days on market | 30 | 71 |
Pricing History
Listed for Sale
Aug 10, 2026
$199,000
Initial Listing