7265 Sheared Cliff Lane 101, Las Vegas, NV 89149, Las Vegas, 89149 - 2 bed, 2 bath
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Las Vegas, NV 89149
This First-Floor Golf Course Condo represents a Strong Value Opportunity, with a List Price of $290,000—positioned well below the $310,866 Fair Market Value by 6%. This valuation gap provides $20,866 in Instant Equity. Currently tenant-occupied at $1,625/month, the asset features a Fair Condition Rating, a rare attached 2-car garage, and golf course and water views. Located in the guard-gated Painted Desert community near solid-rated schools, it balances immediate cash flow with premium lifestyle amenities. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking future equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7265 Sheared Cliff Lane 101 Subject | $270,000* List Price | 2 | 2 | 1,084 | $249 | - |
A 7270 SHEARED CLIFF Lane 202 Sold | $280,000 | 2 | 2 | 1,083 | $259 | 0.0 mi |
B 7270 Sheared Cliff Lane 202 Sold | $280,000 | 2 | 2 | 1,083 | $259 | 0.0 mi |
C 7310 CAMROSE RIDGE Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
D 7310 CAMROSE RIDGE Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
E 7310 Camrose Ridge Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
F 7310 Camrose Ridge Place 101 Sold | $304,000 | 2 | 2 | 1,084 | $280 | 0.1 mi |
G 4921 Black Bear Road 104 Sold | $310,000 | 2 | 2 | 1,378 | $225 | 0.7 mi |
H 5450 Cardinal Ridge Court 204 Pending | $278,900 List Price | 2 | 2 | 1,083 | $258 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2002 and appears to be well-maintained but largely in its original condition. While the kitchen features granite countertops, the cabinetry in the kitchen and bathrooms is dated oak, and the bathroom fixtures are standard builder-grade from the early 2000s. At 24 years old with no major recent renovations mentioned, it fits the 'fair' criteria as an aged but functional home with outdated components.
Located within the guard-gated Painted Desert golf course community, residents benefit from enhanced security and access to a clubhouse, restaurant, tennis, and racquetball courts.
This first-floor unit includes a highly desirable attached 2-car garage and vaulted ceilings, offering the convenience and spacious feel typically found in detached homes.
The property is a turnkey investment currently generating $1,625 per month in rent, situated in a high-demand location adjoining Centennial Hills.
Due to tenant occupancy, offers must be made subject to interior viewing, which may limit the ability for buyers to fully assess the condition before committing.
With the tenant potentially remaining until April 2026, this property is not ideal for buyers seeking a primary residence for immediate move-in.
Fantastic location adjoining Centennial Hills in the highly coveted Painted Desert guard-gated golf course community! This first-floor condo offers 2 bedrooms, 2 bathrooms, and an attached 2-car garage. The kitchen features granite countertops, a pantry, recessed lighting! 2" blinds, and all appliances included. The living room offers a vaulted ceiling, ceiling fan with light, and adjoins the dining area. The primary suite includes a vaulted ceiling, ceiling fan with light, walk-in closet, and ensuite bath with dual sinks and tub/shower combo. Sliding glass doors lead to a covered patio. Conveniently located near shopping, restaurants, and Centennial Center. Painted Desert offers guard-gated entry, golf with discounted green fees, tennis, racquetball, a clubhouse with restaurant, bar, and pro shop!
No exterior & parking available.
Grades PK-5 • 1.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,084 | - |
| Lot Size | - | - |
| Price | $270.0K | $217.2K |
| Price per sq ft | $249 | $219 |
| Built year | 2002 | 0 |
| HOA | $169 | $0 |
| Days on market | 133 | 828 |
Jul 14, 2026
$270,000
$280,000
-4% Price Drop
Initial Listing
Jun 6, 2026
$280,000
$285,000
-2% Price Drop
Initial Listing
May 23, 2026
$285,000
$290,000
-2% Price Drop
Initial Listing
Mar 12, 2026
$290,000
Initial Listing