5801 Medallion Drive 202, Las Vegas, NV 89122, Las Vegas, 89122 - 1 bed, 1 bath
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Las Vegas, NV 89122
This FHA-Approved Gated Condominium represents a stable residential acquisition with a List Price of $150,000, positioned near its $144,934 Fair Market Value. Maintaining a Condition Rating of 4, the interior is highlighted by a 2019 HVAC system, vaulted ceilings, and a double-sided fireplace in the primary suite. The gated community offers extensive amenities, including two pools, tennis courts, and basketball courts. Given the rare FHA eligibility and move-in ready condition, this property is an ideal match for first-time buyers or Owner-Occupants seeking an amenity-rich, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5801 Medallion Drive 202 Subject | $150,000* List Price | 1 | 1 | 806 | $180 | - |
A 5365 ANGLER 101 Sold | $175,000 | 2 | 2 | 960 | $182 | 0.1 mi |
B 5365 Angler Circle 101 Sold | $175,000 | 2 | 2 | 960 | $182 | 0.1 mi |
C 5385 Shake Court 203 Sold | $145,000 | 2 | 1 | 806 | $180 | 0.1 mi |
D 5850 Medallion Drive 103 Sold | $124,999 List Price | 1 | 1 | 724 | 0.1 mi | |
E 5850 Medallion Drive 103 Sold | $171,000 List Price | 1 | 1 | 724 | 0.1 mi | |
F 5751 E HACIENDA Avenue 227 Sold | $108,000 List Price | 1 | 1 | 750 | 0.3 mi | |
G 5795 Medallion Drive 202 Active | $169,900 List Price | 1 | 1 | 806 | $211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but it clearly reflects its 1987 construction date. While there are notable updates including a newer HVAC system (2019), upgraded laminate flooring, and refreshed kitchen cabinet doors/hardware, the overall style remains dated. Specifically, the kitchen retains a fluorescent light box and laminate countertops, and the bathroom fixtures are standard for the era. It fits the 'fair' criteria as an aged home that has been maintained through regular upkeep and partial updates rather than a full modern renovation.
As one of the few FHA-approved condo communities in the area, this property offers a significant advantage for first-time homebuyers looking for low-down-payment financing options.
The unit features a newer HVAC system installed in 2019, upgraded flooring, and refreshed kitchen hardware, reducing the need for immediate capital expenditures by the buyer.
The gated community provides an exceptional lifestyle package including two pools, a spa, tennis and basketball courts, and BBQ areas, which adds strong value to the resident experience.
The assigned middle and high schools have low performance ratings (2 and 3 respectively), which may limit the property's appeal to families and impact long-term appreciation.
Built in 1987, the property may face higher long-term maintenance requirements and lacks the modern energy efficiencies found in newer Las Vegas developments.
**FHA APPROVED CONDO FINANCING COMMUNITIES!!**Spectacular 2nd level condo in a nice, gated community! Outside entry on 2nd floor with porch area. Upgraded flooring in the kitchen, bedroom, bathroom and huge walk-in closet! HVAC system installed in 2019! The kitchen features a newer sink and faucet, new cabinet doors and handles and a large pantry. The living room and dining area has vaulted ceilings, really well taken care of laminate flooring and a double sided fireplace! All the appliances convey. The PRIMARY SUITE features a built-in desk, a fireplace and a large walk-in closet (13x6 feet)! Double sink in bath with tub/shower. The community features security gates, two pools, a spa, a tennis court, a basketball court, BBQ areas and much more! Come see this impeccably maintained property today!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 806 | 962.5 | 35% |
| Lot Size | 3,750 | - | 76% |
| Price | $150.0K | $175.0K | 46% |
| Price per sq ft | $186 | $184 | 61% |
| Built year | 1987 | 1998 | 13% |
| HOA | $288 | $154 | 98% |
| Days on market | 41 | 1151 | 2% |
Mar 12, 2026
$150,000
Initial Listing