601 Devonhall Street 201, Las Vegas, NV 89145, Las Vegas, 89145 - 2 bed, 2 bath
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Las Vegas, NV 89145
This Value-Add Condominium represents a strategic entry into the Summerlin area, listed at $230,000—aligning with its $229,003 Fair Market Value. Holding a Condition Rating of 4, the unit requires cosmetic updates to its original finishes, offering a clear path for forced appreciation. The 1,168 sqft layout includes a private balcony and breakfast bar, supported by 7-rated schools including Walter Johnson Junior High. Located minutes from Boca Park and Tivoli Village, this asset is a prime acquisition for Buy-and-Hold Investors or first-time buyers seeking sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 Devonhall Street 201 Subject | $230,000* List Price | 2 | 2 | 1,168 | $196 | - |
A 7901 Idledale Court 101 Sold | $210,000 | 2 | 2 | 1,168 | $180 | 0.0 mi |
B 605 Devonhall Street 202 Sold | $253,000 | 2 | 2 | 1,168 | $217 | 0.0 mi |
C 7905 GREYCREST Court 201 Sold | $162,000 List Price | 2 | 2 | 1,168 | 0.2 mi | |
D 605 Devonhall Street 202 Sold | $253,000 | 2 | 2 | 1,168 | $217 | 0.0 mi |
E 525 INDIAN PRINCESS Drive 204 Sold | $220,000 | 2 | 2 | 1,108 | $199 | 0.6 mi |
F 700 Wheat Ridge Lane 201 Sold | $229,000 | 2 | 2 | 1,168 | $196 | 0.1 mi |
G 717 Wheat Ridge Lane 103 Active | $245,000 List Price | 2 | 2 | 1,266 | $194 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this property is nearly 30 years old and appears to have original finishes. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and original appliances. The listing description explicitly mentions the need for 'TLC,' and interior photos show significantly worn/stained carpeting and popcorn ceilings, requiring cosmetic updates and minor repairs.
Situated near the 215 and 95 freeways, this property offers exceptional proximity to Summerlin's premier shopping and dining hubs, including Boca Park and Tivoli Village.
At a competitive price point for a 1,168 sqft two-bedroom unit, this home provides an affordable entry into a highly desirable area for first-time buyers or investors.
The property is zoned for well-rated educational institutions, specifically Walter Johnson Junior High and Helen M Smith Elementary, both of which carry a rating of 7.
The property is noted as needing 'TLC,' indicating that buyers should budget for immediate cosmetic updates or repairs to modernize the space.
While the elementary and middle schools are highly rated, the designated high school, Bonanza High School, currently holds a lower rating of 3.
Two-bedroom condo in a prime location with all the perks of Summerlin living—without the high price tag. This home offers great potential and just needs a little TLC to make it your own. Features include a private balcony and a breakfast bar, adding both comfort and functionality. Conveniently located near the 215 & 95 for easy commuting, and just minutes from shopping and dining at Boca Park and Tivoli Village. Perfect for a first-time buyer, investor, or anyone ready to add their personal touch. Don’t miss this opportunity.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,168 | 1,129 | 51% |
| Lot Size | - | 593 | 44% |
| Price | $230.0K | $215.0K | 59% |
| Price per sq ft | $197 | $203 | 41% |
| Built year | 1996 | 1993 | 68% |
| HOA | $240 | $200 | 73% |
| Days on market | 50 | 768 | 2% |
Apr 27, 2026
$230,000
Initial Listing
Aug 2, 1996
$85,000
Public Record