5821 Medallion Drive 102, Las Vegas, NV 89122, Las Vegas, 89122 - 1 bed, 1 bath
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Las Vegas, NV 89122
This property presents a High-Potential Investment Opportunity with a List Price of $143,000—positioned well below the $134,679 Fair Market Value by -6%. While the property requires modernization due to its Condition Rating of 5, the unit features a fireplace, in-unit laundry, and gated community access with a pool and spa. This asset offers a value-add opportunity for those looking to renovate an aging interior. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5821 Medallion Drive 102 Subject | $132,000* List Price | 1 | 1 | 724 | $181 | - |
A 5419 Centurion Court 203 Sold | $163,000 | 2 | 1 | 806 | $202 | 0.1 mi |
B 5419 Centurion Court 102 Active | $140,000 List Price | 1 | 1 | 724 | $193 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (37 years old) with a kitchen and bathroom that appear original or over 30 years old. The interior shows visible wall damage and unfinished paint patches in the living area, indicating a need for rehab and modernization.
The unit's first-floor location provides excellent accessibility and is conveniently situated directly adjacent to the community pool, enhancing its lifestyle appeal.
Equipped with a cozy fireplace and a private washer and dryer, this condo offers premium conveniences that are highly sought after in the one-bedroom market.
Located within a gated community, the property provides residents with an added layer of security and access to well-maintained communal amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3766, other record lot size in square feet = 768.
The assigned middle and high schools have low performance ratings (2/10 and 3/10), which may deter families and impact long-term appreciation.
Built in 1987, the property may require upcoming capital improvements or interior modernizations to remain competitive with newer residential options in Las Vegas.
nice one bedroom condo on the first floor in this great gated community with community amenities, condo is located right near the community pool for convenience of use. fireplace in living room, washer and dryer in unit, great place to call home.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 724 | - |
| Lot Size | 3,766 | - |
| Price | $132.0K | $217.2K |
| Price per sq ft | $182 | $219 |
| Built year | 1987 | 0 |
| HOA | $257 | $0 |
| Days on market | 19 | 828 |
Jul 14, 2026
$132,000
$143,000
-8% Price Drop
Initial Listing
Jul 3, 2026
$143,000
Initial Listing