615 South Royal Crest Circle 10, Las Vegas, NV 89169, Las Vegas, 89169 - 1 bed, 1 bath
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Las Vegas, NV 89169
This property presents a High-Potential Investment Opportunity with a List Price of $149,900—positioned well above the $129,177 Fair Market Value by 16%. While the property requires capital for modernization due to its Condition Rating of 4, it offers a strategic location near the Las Vegas Strip. The inclusion of a pool and spa enhances rental appeal for short-term residents. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a high-demand urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 South Royal Crest Circle 10 Subject | $149,900* List Price | 1 | 1 | 624 | $207 | - |
A 470 ELM Drive 102 Sold | $130,000 | 1 | 1 | 462 | $281 | 0.3 mi |
B 605 South Royal Crest Circle 9 Active | $110,000 List Price | 1 | 1 | 624 | $176 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property shows some cosmetic improvements such as newer laminate flooring and paint. However, the bathroom remains dated with older tile and fixtures, and the overall infrastructure and kitchen appear to be over 20 years old, requiring modernization and minor repairs.
Situated just blocks from the Las Vegas Strip, this property offers exceptional access to world-class entertainment and major employment hubs, making it highly desirable for commuters and short-term residents.
With a competitive list price under $150,000, this condo represents an affordable entry point into the Las Vegas market, offering strong potential for a second home or a high-yield rental investment.
The property features a comprehensive amenity package including a pool, spa, and covered parking, all set within a lushly landscaped environment that provides a serene retreat from the city's bustle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8156, other record lot size in square feet = 1482.
Built in 1963, the building may require more frequent maintenance or modern updates to its core systems compared to newer residential developments in the area.
The assigned public schools carry low ratings (2-3/10), which may limit the property's appeal to families and potentially impact long-term resale value to a broader demographic.
Welcome to an incredible opportunity for a second home or investment! This home is a fantastic deal that you don't want to miss. Just blocks away from the renowned Las Vegas Strip, you can easily walk to work or indulge in the vibrant entertainment nearby. The layout of this home maximizes every square foot, offering a smart and functional design. Enjoy the lush landscaping with mature trees that surrounds the property, creating a serene and inviting atmosphere. Take advantage of the community amenities, including a refreshing pool and relaxing spa. Covered parking adds an extra layer of convenience to your lifestyle.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 624 | - |
| Lot Size | 8,156 | - |
| Price | $149.9K | $217.2K |
| Price per sq ft | $240 | $219 |
| Built year | 1963 | 0 |
| HOA | $240 | $0 |
| Days on market | 12 | 828 |
Jul 10, 2026
$149,900
Initial Listing
Aug 11, 1998
$29,500
Public Record
Jun 30, 1994
$35,000
Public Record