
Las Vegas, NV 89145
This Prime Investment Opportunity is listed at a List Price of $135,000, positioned well below the $139,888 Fair Market Value by 3%. This valuation gap provides $4,888 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a private covered patio and modern cosmetic updates. Located near top-rated schools like Walter Johnson Junior High, this property is an ideal asset for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in ready entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7200 Pirates Cove Road 2029 Subject | $133,000* List Price | 1 | 1 | 593 | $245 | - |
A 101 Luna Way 267 Sold | $164,000 | 1 | 1 | 724 | $227 | 0.2 mi |
B 7100 Pirates Cove Road 1106 Sold | $162,500 | 1 | 1 | 711 | $229 | 0.1 mi |
C 7100 Pirates Cove Road 2007 Sold | $120,000 List Price | 1 | 1 | 711 | 0.1 mi | |
D 7100 PIRATES COVE Road 2007 Sold | $119,000 List Price | 1 | 1 | 711 | 0.1 mi | |
E 7200 Pirates Cove Road 2033 Active | $149,900 List Price | 1 | 1 | 593 | $253 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the property was built in 1987 (37 years old), the interior shows signs of a recent cosmetic refresh with new carpeting and modern neutral paint. The unit appears well-maintained and move-in ready. While the age of the underlying systems and kitchen/bath cabinetry isn't fully detailed, the visible condition exceeds the 'Fair' criteria for datedness.
Priced at $135,000, this property represents a highly affordable entry point into the Las Vegas real estate market, making it an excellent opportunity for first-time buyers or rental investors.
The inclusion of both a private covered patio and an additional secondary patio is a rare find for a unit of this size, providing versatile spaces for relaxation and outdoor entertaining.
The property benefits from proximity to high-performing schools like Walter Johnson Junior High and Palo Verde High School, both rated 7/10, which enhances its long-term resale appeal.
At just 593 square feet, the compact one-bedroom layout may be too restrictive for buyers seeking ample storage or a more spacious living environment.
Constructed in 1987, the property and its common areas may require more frequent maintenance or modernization compared to newer condominium developments in the area.
Discover a vibrant urban retreat where modern comfort meets exceptional convenience. This captivating condominium offers an unparalleled living experience, perfectly designed for those seeking a dynamic lifestyle. Step inside to a thoughtfully arranged living space, boasting an efficient layout that maximizes every square foot. The interior is enhanced by practical features such as ceiling fan(s) and blinds, contributing to a comfortable atmosphere year-round. A sophisticated water filtering system is also included, adding a touch of everyday luxury. Outside, a private covered patio and an additional patio provide versatile outdoor spaces, ideal for relaxation or entertaining guests. This residence offers two well-appointed bedrooms and two full bathrooms, ensuring ample comfort and privacy. Situated within a thriving community, this property presents a unique opportunity to embrace refined condominium living. Its prime location offers effortless access to local amenities and the vibrant pulse of Las Vegas, creating an ideal setting for both tranquility and excitement.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 593 | 1,059.468 |
| Lot Size | 674 | 6,055.359 |
| Price | $133.0K | $225.8K |
| Price per sq ft | $224 | $213 |
| Built year | 1987 | 1996 |
| HOA | $262 | $254 |
| Days on market | 40 | 71 |
Aug 18, 2026
$133,000
$134,000
-1% Price Drop
Initial Listing
Aug 12, 2026
$134,000
$135,000
-1% Price Drop
Initial Listing
Jul 31, 2026
$135,000
Initial Listing
Sep 14, 2012
$39,200
Public Record
May 4, 2012
$25,900
Public Record