
Las Vegas, NV 89142
This Strong Value Opportunity is a turnkey condominium listed at $195,000, positioned well below the $208,059 Fair Market Value by 6%. This valuation gap provides $13,059 in Instant Equity for the buyer. Featuring a Fair Condition Rating with recent cosmetic updates, the unit includes a private covered balcony, in-unit laundry, and access to a pool and spa. While school ratings are modest, the property offers a functional, move-in-ready layout. This 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 |
|---|---|---|---|---|---|---|
★ 5655 East Sahara Avenue 2060 Subject | $195,000* List Price | 3 | 2 | 1,299 | $160 | - |
A 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
B 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
C 5655 E Sahara Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
D 5655 East Sahara Avenue 2012 Active | $207,000 List Price | 3 | 2 | 1,299 | $159 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 23 years old (built 2001), placing it in the 'Fair' age bracket. While it features recent cosmetic updates like new vinyl flooring, carpet, and paint, the kitchen and bathrooms remain dated with original oak cabinetry and older white appliances that haven't been modernized.
Priced at $195,000, this is one of the most affordably priced three-bedroom units in the Terrasanta community, offering significant value for the square footage.
The unit is move-in ready with brand-new vinyl flooring, carpet, paint, and blinds, plus all appliances are included, minimizing immediate post-purchase expenses.
The 1,299 sqft single-level floor plan features a kitchen island with a breakfast bar, a private covered balcony, and a full in-unit laundry room, providing a spacious and convenient living environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8830, other record lot size in square feet = 8981.
The $400 monthly HOA fee is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned middle and high schools have low ratings (2/10 and 4/10 respectively), which could be a deterrent for families and potentially affect future resale value.
New vinyl floor and blinds! One of the best-priced three-bedrooms in Terrasanta — a move-in-ready upstairs unit with brand-new paint and carpet, all appliances included, and a private covered balcony. Single-level and 1,299 square feet, it offers three bedrooms, two baths, a full in-unit laundry room and ceiling fans throughout. The kitchen has a breakfast bar and island, with laminate and tile flooring. Set just inside the community entrance and away from traffic, the unit comes with assigned covered parking. Terrasanta is a gated community with a pool and spa, fitness center and clubhouse, next to Desert Rose Golf Course with quick access off East Sahara. New kitchen stainless steel sink.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,299 | 1,059.468 |
| Lot Size | 8,830 | 6,055.359 |
| Price | $195.0K | $225.8K |
| Price per sq ft | $150 | $213 |
| Built year | 2001 | 1996 |
| HOA | $400 | $254 |
| Days on market | 26 | 71 |
Aug 14, 2026
$195,000
Initial Listing