
Las Vegas, NV 89145
This Renovated Ground-Floor Condominium represents a High-Potential Investment Opportunity with a List Price of $230,000—positioned well below the $397,842 Fair Market Value by 42%. This significant valuation gap provides $167,842 in Instant Equity. Boasting a Condition Rating of 2, the interior features a Modern Granite Kitchen, wood-look tile flooring, and a stone accent wall. Residents benefit from a gated community with a pool, gym, and tennis courts near Summerlin. This turnkey asset is perfectly suited for Owner-Occupants seeking immediate value or Buy-and-Hold Investors targeting a high-equity rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7200 Pirates Cove Road 1039 Subject | $230,000* List Price | 2 | 2 | 908 | $438 | - |
A 7200 Pirates Cove Road 1047 Sold | $185,000 | 2 | 2 | 908 | $204 | 0.0 mi |
B 7200 Pirates Cove Road 1047 Sold | $185,000 | 2 | 2 | 908 | $204 | 0.0 mi |
C 7200 Pirates Cove Road 2084 Sold | $190,000 List Price | 2 | 2 | 908 | 0.1 mi | |
D 7200 Pirates Cove Road 2097 Sold | $249,999 List Price | 2 | 2 | 908 | 0.1 mi | |
E 7100 Pirates Cove Road 2008 Sold | $200,000 | 2 | 2 | 1,002 | $200 | 0.1 mi |
F 101 Luna Way 111 Sold | $208,900 List Price | 2 | 2 | 964 | 0.1 mi | |
G 7200 Pirates Cove Road 1050 Pending | $189,900 List Price | 2 | 2 | 908 | $209 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that includes a modern kitchen with new cabinetry, granite countertops, and stainless steel appliances. The interior features consistent wood-look tile flooring, updated light fixtures, and a stone accent wall, presenting a virtually new living space that meets high-quality contemporary standards despite the 1987 build year.
The unit features a recently remodeled kitchen with granite countertops, new cabinets, and stylish wood-look tile flooring, offering a contemporary, move-in-ready aesthetic.
The association fee covers water and water-heater maintenance alongside access to premium amenities including a pool, gym, tennis courts, and nighttime security.
As a ground-floor unit, the property offers easy access without stairs and includes a large balcony with additional storage, enhancing both convenience and utility.
Built in 1987, the building may require more frequent long-term maintenance of common elements and plumbing compared to newer residential developments.
The assigned elementary schools have relatively low performance ratings, which may be a drawback for families prioritizing high-scoring educational districts.
Charming ground-floor unit featuring wood-look tile flooring, a modern stone accent wall, and an electric fireplace. Recently remodeled kitchen with new cabinets, granite countertops, and included appliances plus LG washer and dryer. The home offers 2 full bathrooms (guest bath with tub), granite counters, and spacious bedrooms with closets. Enjoy a large balcony with storage. Well-managed community with water and water-heater maintenance covered by HOA. Amenities include pool, gym, tennis court, nighttime security, and continuous exterior upkeep. Includes one covered parking space, allowance for two vehicles per unit, and plenty of guest parking. Conveniently located near I-95 and Summerlin Parkway.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.2 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 908 | 1,108 | 30% |
| Lot Size | 1,909 | 593 | 75% |
| Price | $230.0K | $186.5K | 69% |
| Price per sq ft | $253 | $199 | 94% |
| Built year | 1987 | 1993 | 19% |
| HOA | $280 | $200 | 91% |
| Days on market | 29 | 1253 | 1% |
Mar 24, 2026
$230,000
Initial Listing