555 East Silverado Ranch Boulevard 1063, Las Vegas, NV 89183, Las Vegas, 89183 - 2 bed, 2 bath
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555 East Silverado Ranch Boulevard 1063
Las Vegas, NV 89183
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,049Sq Ft
11,245Lot Size
Property Price
LIST PRICE$260,000
EST. MARKET VALUE
$251,366
3% AboveMARKET VALUE
SUMMARY
This Turnkey Investment Opportunity is listed at $260,000, positioned slightly above the $251,366 Fair Market Value. As a proven short-term rental, this Good Condition Rating property features recent capital improvements, including a 2025 HVAC condenser and 2024 water heater. Located in a gated community with a pool, spa, and detached garage, it offers significant rental demand. Zoned for top-tier schools like Roger D. Gehring Elementary and Coronado High School, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, high-utility residence.
Estimated Market Value
$251,366
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 |
|---|---|---|---|---|---|---|
★ 555 East Silverado Ranch Boulevard 1063 Subject | $260,000* List Price | 2 | 2 | 1,049 | $240 | - |
A 1050 East Cactus Avenue 2058 Sold | $210,000 | 2 | 2 | 1,048 | $200 | 0.9 mi |
B 1050 E Cactus Avenue 2017 Sold | $235,500 | 2 | 2 | 1,048 | $225 | 1.0 mi |
C 555 E Silverado Ranch Boulevard 1034 Sold | $210,000 | 1 | 1 | 776 | $271 | 0.0 mi |
D 555 E Silverado Ranch Boulevard 1028 Sold | $260,000 | 2 | 2 | 960 | $271 | 0.1 mi |
E 1050 E Cactus Avenue 1021 Sold | $258,000 | 3 | 2 | 1,145 | $225 | 1.0 mi |
F 555 East Silverado Ranch Boulevard 2088 Active | $258,000 List Price | 2 | 2 | 960 | $269 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1999, the property is well-maintained and move-in ready with significant recent capital improvements including a new HVAC condenser (2025), new water heater (2024), and updated flooring (2022). While the kitchen and bathrooms appear functional, the cabinetry and layout reflect the original build age, placing it in the 'Good' category rather than 'Excellent'.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roger D Gehring Elementary School (9/10). High School: Coronado High School (9/10).
- Turnkey Investment Potential
The property is a proven short-term rental sold fully furnished with significant recent capital improvements, including a new HVAC (2025), water heater (2024), and updated flooring (2022).
- Superior Accessibility & Parking
This desirable first-floor unit eliminates the need for stairs and uniquely features both a detached garage and assigned covered parking, offering rare convenience in a condo setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11245, other record lot size in square feet = 11432.
- Aging Community Infrastructure
Built in 1999, the development is over 25 years old, which may lead to increased HOA maintenance requirements or future capital assessments for common area repairs.
- High-Density Living
As a 1,049 sqft unit in a large gated complex, the property offers limited privacy and no private yard space compared to detached residential options.
About 555 East Silverado Ranch Boulevard 1063
Welcome to 555 Silverado Ranch #1063, a desirable first-floor 2-bedroom, 2-bathroom condo offering an excellent investment opportunity in a gated Silverado Ranch community. Currently operating as a successful short-term rental, the property generates strong rental returns and is available for purchase fully furnished, providing a truly turnkey opportunity. The unit features recent capital improvements, including a new HVAC condenser installed in 2025, replacement shower valves in both bathrooms in 2026, a new water heater/boiler installed in mid-2024, and updated flooring completed in 2022. Additional features include assigned covered parking and a detached garage. Residents enjoy access to a fitness center, community pool, and mature, well-maintained landscaping. Conveniently located near shopping, dining, entertainment, and major roadways, this property offers flexibility for investors or buyers seeking a low-maintenance home in a well-established community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- 11,245 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $239 / 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 • 0.7 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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,049 | 1,059.468 |
| Lot Size | 11,245 | 6,055.359 |
| Price | $260.0K | $225.8K |
| Price per sq ft | $248 | $213 |
| Built year | 1999 | 1996 |
| HOA | $239 | $254 |
| Days on market | 7 | 71 |
Pricing History
Listed for Sale
Sep 2, 2026
$260,000
Initial Listing