5831 Medallion Drive 103, Las Vegas, NV 89122, Las Vegas, 89122 - 1 bed, 1 bath
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Las Vegas, NV 89122
This Fully Renovated Downstairs Condominium is a Strong Value Opportunity, listed at $150,000—positioned well below the $160,487 Fair Market Value by 6%. This valuation gap provides $10,487 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the interior features Luxury Vinyl Plank Flooring, Granite Countertops, and Stainless Steel Appliances. Located directly across from the Community Pool and Tennis Courts, this turnkey unit offers immediate lifestyle appeal. It is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors seeking a maintenance-free asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5831 Medallion Drive 103 Subject | $150,000* List Price | 1 | 1 | 724 | $222 | - |
A 5890 Medallion Drive 103 Sold | $148,000 | 1 | 1 | 724 | $204 | 0.1 mi |
B 5890 Medallion Drive 103 Sold | $148,000 | 1 | 1 | 724 | $204 | 0.1 mi |
C 5710 E Tropicana Avenue 1009 Sold | $175,000 | 1 | 1 | 695 | $252 | 0.8 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 5385 Shake Court 203 Sold | $145,000 | 2 | 1 | 806 | $180 | 0.1 mi |
G 5330 Rod Court 102 Active | $174,900 List Price | 1 | 1 | 724 | $242 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, making it a turnkey, move-in-ready unit. Key upgrades include modern luxury vinyl plank flooring, granite countertops with an undermount sink, and a full suite of stainless steel appliances. Despite the 1987 build year, the interior finishes, including the tiled fireplace and updated kitchen, meet current quality standards with no visible deferred maintenance.
The unit is fully renovated with high-end finishes including luxury vinyl plank flooring, granite countertops, and stainless steel appliances, offering a modern, move-in-ready experience.
As a downstairs end-unit, the property benefits from increased natural light, easier accessibility, and a superior location directly across from the community pool and clubhouse.
The community offers an extensive amenity package including a pool, spa, and tennis courts, providing significant lifestyle value for the price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3189, other record lot size in square feet = 768.
Built in 1987, the property is part of an older development which may lead to higher long-term maintenance requirements for building systems and common areas.
The assigned middle and high schools carry low ratings (2 and 3 respectively), which may limit the property's appeal to families and impact future resale value.
Absolutely Gorgeous Downstairs End-Unit that is Fully Remodeled, Next to Parking and Right Across from the Community Amenities that Include a Pool, Spa, Tennis Courts & Clubhouse - Upgrades Include Luxury Vinyl Plank Flooring, Elevated & Tiled Fireplace, Granite Counters with Undermount Sink & Stainless Steel Appliances in Kitchen - Turnkey with Lots of Natural Light, Best Unit in the Community!!
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 0.9 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 | 724 | 962.5 | 24% |
| Lot Size | 3,189 | - | 74% |
| Price | $150.0K | $175.0K | 46% |
| Price per sq ft | $207 | $184 | 76% |
| Built year | 1987 | 1998 | 13% |
| HOA | $281 | $154 | 98% |
| Days on market | 24 | 1151 | 2% |
Mar 29, 2026
$150,000
Initial Listing