717 Wheat Ridge Lane 103, Las Vegas, NV 89145, Las Vegas, 89145 - 2 bed, 2 bath
717 Wheat Ridge Lane 103
Las Vegas, NV 89145
Property Price
SUMMARY
Analysis of 717 Wheat Ridge Lane 103, Las Vegas, NV 89145 is currently available with a list price of $245,000. 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 1995, the property is well-maintained but shows its age with original-style cabinetry, white appliances, and 1990s-era bathroom fixtures like the roman tub. While functional and move-in ready, it lacks the modern renovations required for a higher rating and fits the criteria for an aged home maintained through regular upkeep.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
The property is ideally situated with rapid access to the Las Vegas Strip, Downtown Summerlin, and Red Rock Canyon, offering a perfect balance of urban entertainment and outdoor recreation.
- Comprehensive Community Amenities
Located in the gated Brava community, residents benefit from mature landscaping and extensive facilities including three pools, a spa, a fitness center, and a clubhouse.
- Well-Appointed Primary Suite
The primary suite offers a luxury layout featuring a walk-in closet and a spacious bathroom with both a roman tub and a separate walk-in shower, providing a high-end feel for a condominium.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6288, other record lot size in square feet = 3364.
- Underperforming High School
The assigned high school carries a low rating of 3/10, which may deter families with older children and impact future resale appeal to that demographic.
- Dated Construction Era
Built in 1995, the unit may require modern cosmetic updates or system upgrades to remain competitive with the newer luxury developments in the surrounding Summerlin area.
About 717 Wheat Ridge Lane 103
PRIME LAS VEGAS LOCATION. Well-maintained community, Gated, Mature landscaping, 3 Pools/spa areas, Gym and Clubhouse. 2bed, 2bath, Living area with Fireplace, Primary suit with walk-in closet, roman tub, separate walk-in shower. Reelaxing patio looking out to pool, Easy access to shopping, Dining, and Entertainment, minutes from Las Vegas Strip, Downtown Summerlin, Red Rock Canyon. Lee Canyon/Mt. Charlston. ** INVESTORS ** reach out for info/appointment.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- 6,288 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $230 / Month
Neighborhood Insights
Las Vegas Unified Schools
Walter Jacobson Elementary School
Grades PK-5 • 0.5 mi
Helen M Smith Elementary School
Grades PK-5 • 0.8 mi
Walter Johnson Junior High School
Grades 6-8 • 0.4 mi
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 | 1,266 | 1,080 | 86% |
| Lot Size | 6,288 | - | 86% |
| Price | $245.0K | $188.0K | 73% |
| Price per sq ft | $194 | $202 | 37% |
| Built year | 1995 | 1992 | 69% |
| HOA | $230 | $207 | 52% |
| Days on market | 183 | 654 | 24% |
Pricing History
Listed for Sale
Sep 5, 2025
$245,000
Initial Listing
Sold
Mar 31, 1995
$83,500
Public Record