6201 East Lake Mead Boulevard 204, Las Vegas, NV 89156, Las Vegas, 89156 - 3 bed, 2 bath
Loading property details...
6201 East Lake Mead Boulevard 204
Las Vegas, NV 89156
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,446Sq Ft
5,572Lot Size
Property Price
LIST PRICE$217,500
EST. MARKET VALUE
$219,462
SUMMARY
This 3-bedroom condominium represents a Strong Value Opportunity, listed at a List Price of $217,500—positioned well below the $219,463 Fair Market Value by 0.89%. This valuation gap offers $1,963 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the property provides a spacious 1,446 sqft layout that serves as a solid Value-Add Asset for those willing to modernize dated finishes. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Las Vegas market.
Estimated Market Value
$219,462
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6201 East Lake Mead Boulevard 204 Subject | $217,500* List Price | 3 | 2 | 1,446 | $152 | - |
A 6800 E Lake Mead Boulevard 2124 Sold | $195,000 | 3 | 2 | 1,084 | $180 | 0.7 mi |
B 6201 E Lake Mead Boulevard 203 Pending | $239,900 List Price | 3 | 2 | 1,446 | $166 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1995 (29 years old), the property features original dated elements such as tile countertops and white cabinetry. While functional and move-in ready, it requires cosmetic updates to align with modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
At 1,446 square feet with a three-bedroom layout, this unit offers a significantly larger footprint than typical condominiums in this price range, providing excellent utility for families or those needing a home office.
- Competitive Market Value
Priced at $217,500, the property represents a highly accessible entry point into the Las Vegas real estate market, offering strong potential for both first-time homebuyers and yield-focused investors.
- Prime Accessibility
The location on East Lake Mead Boulevard places residents within close proximity to established shopping centers and diverse dining options, ensuring high convenience for daily errands and lifestyle needs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5572, other record lot size in square feet = 2538. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Underperforming School District
The property is zoned for schools with lower academic ratings, specifically a 2/10 for the local high school, which may limit appeal for education-focused families and impact future appreciation.
- Dated Interior Finishes
With a 1995 build date and features like tile countertops, the interior likely requires cosmetic updates and modernization to meet current buyer expectations and maximize rental income.
About 6201 East Lake Mead Boulevard 204
3 bedroom 2 bath condominium located in the eastern part of Las Vegas, near shopping areas and restaurants. Inviting floor plan! The kitchen features tile countertops and tile flooring. This home also includes a balcony and the primary bedroom has a spacious closet. Show today! Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- 5,572 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $247 / Month
Neighborhood Insights
Las Vegas Unified Schools
Mountain View Elementary School
Grades PK-5 • 1.0 mi
4/10
Mike Ocallaghan Middle School
Grades 6-8 • 1.2 mi
4/10
Sunrise Mountain High School
Grades 9-12 • 1.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,446 | 1,059.468 |
| Lot Size | 5,572 | 6,055.359 |
| Price | $217.5K | $225.8K |
| Price per sq ft | $150 | $213 |
| Built year | 1995 | 1996 |
| HOA | $247 | $254 |
| Days on market | 30 | 71 |
Pricing History
Listed for Sale
Aug 10, 2026
$217,500
Initial Listing
Sold
Sep 18, 1995
$95,500
Public Record