5861 Medallion Drive 202, Las Vegas, NV 89122, Las Vegas, 89122 - 2 bed, 1 bath
5861 Medallion Drive 202
Las Vegas, NV 89122
Property Price
SUMMARY
Analysis of 5861 Medallion Drive 202, Las Vegas, NV 89122 is currently available with a list price of $178,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with several modern updates that elevate it above its 1987 build year. Key features include granite countertops in the kitchen, contemporary wood-like flooring in the living areas, and upgraded carpeting in the bedrooms. The interior appears well-maintained with functional appliances and a clean aesthetic, though it lacks the full-scale recent renovation required for an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The unit is in immaculate, move-in ready condition featuring modern upgrades such as granite countertops, wood-like flooring, and a cozy wood-burning fireplace.
- Comprehensive Amenities
Located in a gated community, residents have access to a wide range of facilities including a sparkling pool, clubhouse, basketball courts, and BBQ areas.
- Utility-Inclusive HOA
The monthly association fee covers essential services including water, sewer, and trash, offering simplified budgeting and added value for the homeowner.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1987, the property may soon require updates to older mechanical systems or common area elements compared to newer condominium developments.
- Underperforming School District
The assigned middle and high schools carry relatively low ratings, which may be a deterrent for families and could impact long-term appreciation potential.
About 5861 Medallion Drive 202
Immaculate Move-In Ready Condo in Gated Community! Welcome to this beautifully maintained condo offering comfort, style, and convenience—perfect for first-time buyers, downsizers, or anyone looking for low-maintenance living. Step inside to find a spacious living area with wood-like flooring & cozy wood burning fireplace, adding warmth and sophistication to the space. The bedrooms feature upgraded carpeting for added comfort The kitchen includes granite countertops, ample cabinet space, and a complete set of included appliances! In-unit laundry facilities . Enjoy the many amenities this community has to offer including: A sparkling pool perfect for cooling off on warm days, a clubhouse for gatherings and events, Basketball courts for fun and fitness and BBQ area ideal for outdoor dining and socializing. The HOA fee includes essential services like water, sewer, and trash, giving you peace of mind and simplifying monthly budgeting. A must see!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 3,131 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $271 / Month
Neighborhood Insights
Las Vegas Unified Schools
Sister Robert Joseph Bailey Elementary School
Grades PK-5 • 1.3 mi
Francis H Cortney Junior High School
Grades 6-8 • 0.9 mi
Basic Academy
Grades 9-12 • 5.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 806 | 967.5 | 35% |
| Lot Size | 3,131 | 929.5 | 63% |
| Price | $178.0K | $175.0K | 54% |
| Price per sq ft | $221 | $184 | 91% |
| Built year | 1987 | 1998 | 15% |
| HOA | $271 | $175 | 89% |
| Days on market | 22 | 495 | 2% |
Pricing History
Listed for Sale
Feb 13, 2026
$178,000
Initial Listing