
Las Vegas, NV 89145
This 3-bedroom condo represents a High-Potential Investment Opportunity, listed at $247,500—positioned well below the $253,499 Fair Market Value by 2%. This valuation gap provides $5,999 in Instant Equity. Featuring a Fair Condition Rating, the unit offers a functional layout with a private back patio and low HOA fees. While the interior reflects its 1996 origins, the prime location near Summerlin ensures strong demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Wheat Ridge Lane Unit 101 Subject 3 bd · 2 ba · 1,266 sqft · $200 | $247,500* List Price | 3 | 2 | 1,266 | $200 | - |
A 7904 Ryandale Circle 204 Sold 3 bd · 2 ba · 1,266 sqft · $201 · 0.0 mi | $255,000 | 3 | 2 | 1,266 | $201 | 0.0 mi |
B 7912 Foxwood Place 102 Sold 2 bd · 2 ba · 1,168 sqft · $193 · 0.1 mi | $225,000 | 2 | 2 | 1,168 | $193 | 0.1 mi |
C 7904 Idledale Court 203 Sold 2 bd · 2 ba · 1,168 sqft · $202 · 0.1 mi | $236,000 | 2 | 2 | 1,168 | $202 | 0.1 mi |
D 8452 Boseck Drive 154 Sold 3 bd · 2 ba · 1,258 sqft · $229 · 0.6 mi | $288,500 | 3 | 2 | 1,258 | $229 | 0.6 mi |
E 8452 Boseck Drive 166 Sold 3 bd · 2 ba · 1,258 sqft · $238 · 0.7 mi | $299,000 | 3 | 2 | 1,258 | $238 | 0.7 mi |
F 8450 Alta Drive 105 Sold 2 bd · 2 ba · 1,016 sqft · $187 · 0.7 mi | $190,000 | 2 | 2 | 1,016 | $187 | 0.7 mi |
G 350 South Durango Drive 115 Sold 2 bd · 2 ba · 1,016 sqft · $210 · 0.7 mi | $213,000 | 2 | 2 | 1,016 | $210 | 0.7 mi |
H 8452 Boseck Drive 287 Sold 3 bd · 2 ba · 1,258 sqft · $215 · 0.6 mi | $270,000 | 3 | 2 | 1,258 | $215 | 0.6 mi |
I 717 Wheat Ridge Lane 103 Active 3 bd · 2 ba · 1,266 sqft · $194 · 0.1 mi | $245,000 List Price | 3 | 2 | 1,266 | $194 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property is well-maintained but remains largely in its original state with dated 12x12 tile flooring and tile kitchen countertops. While the water heater was updated in 2023, the kitchen and bathrooms require modernization to meet current market standards.
The property is FHA, VA, and conventional loan approved with a remarkably low $230 monthly HOA fee, making it highly accessible for buyers seeking low down payment options.
Situated just steps from Tivoli Village, Boca Park, and Summerlin, the condo offers exceptional access to premier shopping, dining, and the Badlands Golf Course.
Finding a spacious 1,266 sqft, three-bedroom, single-level unit at this price point is uncommon, providing significant value and accessibility for families or those needing extra space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6495, other record lot size in square feet = 1879. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The unit features 1990s-era 12x12 tile flooring and tile countertops, which may require additional capital investment for cosmetic updates to meet modern buyer preferences.
While the elementary and middle schools are well-rated, the assigned high school has a low rating of 3, which could be a deterrent for families with older children.
A rare find! This community is FHA, VA, and conventional loan approved, only $230 per month for the homeowner association! This well-maintained ground-floor, single-level 3-bedroom / 2 bath condo offers an incredible location, just minutes from Summerlin and steps from Tivoli Village, Boca Park, and the Badlands Golf Course. Three-bedroom condos at this price point are uncommon, making this an exceptional opportunity for buyers looking for more space. This community is FHA approved, opening the door for buyers who prefer low down payment financing options. Throughout the unit you will find 12x12 tile flooring in the main living areas and primary bedroom, vertical blinds, and a washer and dryer that stay. The family room features a cozy fireplace, and the kitchen is equipped with tile counters, a gas stove, and a breakfast bar with seating. The primary bedroom is generously sized with a walk-in closet and a private bath featuring dual sinks and a separate tub and shower. The 2 secondary bedrooms offer a walk-in closet and a slider closet respectively, and share a full hall bath with tub and shower. Additional highlights include a laundry closet, a water softener, a 2023 water heater, and a private back patio. The refrigerator stays. A solid value in one of the most convenient and sought after locations on the west side of the valley!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,266 | 1,048.989 |
| Lot Size | 6,495 | 5,669.706 |
| Price | $247.5K | $221.6K |
| Price per sq ft | $195 | $210 |
| Built year | 1996 | 1996 |
| HOA | $230 | $254 |
| Days on market | 64 | 70 |
Sep 21, 2026
$247,500
$252,500
-2% Price Drop
Initial Listing
Aug 21, 2026
$252,500
Initial Listing