7400 West Flamingo Road 2056, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 1 bath
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7400 West Flamingo Road 2056
Las Vegas, NV 89147
CLOSED
CONDITION: EXCELLENT
2Beds
1Baths
917Sq Ft
0Lot Size
Property Price
LIST PRICE$237,500
EST. MARKET VALUE
$232,738
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $237,500—positioned well below the $237,210 Fair Market Value by a negligible margin, reflecting a stable, fair-market price. Featuring a Condition Rating of 2, this unit offers a modern, move-in-ready interior with a cozy fireplace, private balcony, and renovated kitchen. Located near Spring Valley High School, this property provides a seamless lifestyle for first-time buyers or owner-occupants seeking a secure, gated community with convenient access to the Las Vegas Strip and major regional hubs.
Estimated Market Value
$232,738
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7400 West Flamingo Road 2056 Subject | $232,000 | 2 | 1 | 917 | $254 | - |
A 7950 West Flamingo Road 1081 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.6 mi |
B 7950 West Flamingo Road 2171 Sold | $241,500 | 2 | 2 | 1,023 | $236 | 0.6 mi |
C 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.6 mi |
D 8101 West Flamingo Road 2152 Sold | $194,900 | 1 | 1 | 728 | $268 | 0.7 mi |
E 7400 W FLAMINGO Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.1 mi |
F 7400 W Flamingo Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.1 mi |
G 8101 W Flamingo Road 1047 Sold | $193,000 | 1 | 1 | 807 | $239 | 0.9 mi |
H 7950 West Flamingo Road 2123 Sold | $212,000 | 2 | 2 | 1,023 | $207 | 0.6 mi |
I 7400 West Flamingo Road 2051 Active | $228,800 List Price | 2 | 2 | 1,043 | $219 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1995, the property has undergone a comprehensive recent renovation (likely within the last 5 years). The kitchen features modern white cabinetry, stainless steel appliances, and updated countertops. The bathroom is fully remodeled with a contemporary walk-in shower and black hardware. New flooring and paint throughout indicate a move-in ready, mint-condition interior.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
The property is strategically located within minutes of Downtown Summerlin, the Las Vegas Strip, and Allegiant Stadium, offering exceptional access to major employment and entertainment hubs.
- Turnkey Renovations
Recently renovated with modern upgrades, including a spacious walk-in shower and a cozy fireplace, this unit provides a move-in-ready experience for buyers.
- Secure Gated Community
Situated in a gated community with a private balcony, the home offers an added layer of security and a dedicated outdoor space for relaxation.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The two-bedroom configuration is served by only one bathroom, which may be a drawback for roommates or families seeking more privacy and convenience.
- Compact Square Footage
At 917 square feet, the interior living space is relatively modest for a two-bedroom unit, potentially limiting furniture layouts and storage options.
About 7400 West Flamingo Road 2056
Move in ready and beautifully remodeled, this charming second floor, 2 bedroom condo is located in a desirable gated community. The last sale of the exact same model, 7400 W. Flamingo Rd. #2085, closed at $256,000. The thoughtfully updated interior features an inviting open great room with a cozy fireplace, a spacious walk in shower, and modern finishes throughout, creating a comfortable and stylish living space. Step outside to your private balcony, perfect for enjoying your morning coffee or unwinding at the end of the day. Ideally situated with convenient access to schools, parks, shopping, dining, and entertainment, this home is just minutes from the Las Vegas Strip. Enjoy an exceptional central location with Downtown Summerlin only 3.6 miles away, the Bellagio 5.8 miles away, Allegiant Stadium 6.3 miles away, and Harry Reid International Airport just 8.2 miles away. Whether you're looking for a primary residence, second home, or investment opportunity, this turnkey condo offers outstanding value in a prime Las Vegas location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250 / Month
Neighborhood Insights
Las Vegas Unified Schools
P A Diskin Elementary School
Grades PK-5 • 0.4 mi
5/10
Clifford J Lawrence Junior High School
Grades 6-8 • 1.8 mi
5/10
Spring Valley High School
Grades 9-12 • 0.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 917 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $232.0K | $225.8K |
| Price per sq ft | $253 | $213 |
| Built year | 1995 | 1996 |
| HOA | $250 | $254 |
| Days on market | 49 | 71 |
Pricing History
Listed for Sale
Aug 6, 2026
$237,500
$235,000
+1% Price Increase
Initial Listing
Price Change
Aug 3, 2026
$235,000
$237,500
-1% Price Drop
Initial Listing
Price Change
Jul 22, 2026
$237,500
Initial Listing
Sold
May 4, 1995
$77,000
Public Record