656 Peachy Canyon Circle 203, Las Vegas, NV 89144, Las Vegas, 89144 - 2 bed, 2 bath
656 Peachy Canyon Circle 203
Las Vegas, NV 89144
Property Price
SUMMARY
Analysis of 656 Peachy Canyon Circle 203, Las Vegas, NV 89144 is currently available with a list price of $375,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1992 and still held by the original owner, the property features original finishes that are now over 30 years old. The listing description's mention of 'personal touches' and the property analysis confirm that the kitchen, bathrooms, and major systems are likely dated and show signs of age. While the home appears well-maintained and functional, it lacks modern renovations, placing it squarely in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Summerlin Location
Situated in the heart of Downtown Summerlin, this property offers exceptional proximity to premier shopping, dining, and medical facilities, ensuring high desirability and convenience.
- Gated Community Security
The condo is located within a gated development, providing enhanced security and privacy, making it an ideal choice for a primary residence or a lock-and-leave vacation home.
- Generous Living Space
With 1,282 square feet of living area, this 2-bedroom unit provides a more spacious and functional floor plan than many competing condominiums in the same price bracket.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10339, other record lot size in square feet = 2000.
- Dated Interior Condition
The description indicates the home is ready for 'personal touches,' which typically signals that the 1992 finishes are original and require a budget for modern cosmetic updates.
- Potential Deferred Maintenance
Given the 1992 construction and original ownership, major mechanical systems like the HVAC or water heater may be nearing the end of their functional lifespan if they haven't been recently replaced.
About 656 Peachy Canyon Circle 203
Gated Condo in the middle of downtown Summerlin with close proximity to hospital, shopping and more. Owner is the original purchaser. Condo is within 20 miles of Harry Reid International Airport or 14 miles from the Fabulous South Las Vegas Strip. This 2 bed 2 full bath condo can be a great place to live or a great vacation home. Why pay for a hotel or rental when you can get all the benefits of owning. Home is ready for you to put your personal touches on it.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- 10,339 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $265 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,282 | 1,269 | 52% |
| Lot Size | 10,339 | 1,476.5 | 84% |
| Price | $375.0K | $310.0K | 70% |
| Price per sq ft | $293 | $251 | 73% |
| Built year | 1992 | 2001 | 2% |
| HOA | $265 | $65 | 86% |
| Days on market | 269 | 703 | 41% |
Pricing History
Listed for Sale
Jun 11, 2025
$375,000
Initial Listing