7885 West Flamingo Road 1016, Las Vegas, NV 89147, Las Vegas, 89147 - 1 bed, 1 bath
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7885 West Flamingo Road 1016
Las Vegas, NV 89147
ACTIVE
CONDITION: GOOD
1Beds
1Baths
660Sq Ft
7,261Lot Size
Property Price
LIST PRICE$175,000
EST. MARKET VALUE
$173,008
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $179,900—positioned slightly above the $174,579 Fair Market Value. While the price reflects a premium, the property maintains a Condition Rating of 3 with modern kitchen and bathroom renovations, ensuring a move-in ready experience. Residents enjoy a Spacious Covered Balcony with Mountain Views and ground-floor accessibility. Located near Spring Valley High School, this residence offers a stable lifestyle for first-time buyers or owner-occupants seeking a low-maintenance, updated home in a vibrant Las Vegas neighborhood.
Estimated Market Value
$173,008
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 |
|---|---|---|---|---|---|---|
★ 7885 West Flamingo Road 1016 Subject | $175,000* List Price | 1 | 1 | 660 | $262 | - |
A 7400 West Flamingo Road 2058 Sold | $205,000 | 1 | 1 | 778 | $263 | 0.5 mi |
B 8101 West Flamingo Road 2152 Sold | $194,900 | 1 | 1 | 728 | $268 | 0.2 mi |
C 8101 W Flamingo Road 1057 Sold | $192,400 | 1 | 1 | 728 | $264 | 0.3 mi |
D 8501 W University Avenue 2117 Sold | $222,500 | 2 | 2 | 890 | $250 | 0.8 mi |
E 8101 W Flamingo Road 1047 Sold | $193,000 | 1 | 1 | 807 | $239 | 0.4 mi |
F 8101 West Flamingo Road 2016 Active | $189,900 List Price | 1 | 1 | 728 | $261 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 1997 (27 years old), it has undergone significant modern renovations. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances, and the bathroom has been modernized with a new vanity and lighting. The unit appears well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Ground Floor Accessibility
The unit is conveniently located on the ground floor, offering easy access and single-story living that appeals to a wide range of buyers seeking to avoid stairs.
- Scenic Mountain Views
The property features desirable mountain views, providing a picturesque backdrop and enhancing the overall ambiance and value of the residence.
- Prime Spring Valley Location
Situated in a vibrant neighborhood with excellent proximity to local amenities and schools, including being less than half a mile from Spring Valley High School.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7261, other record lot size in square feet = 2852.
- High Monthly Carrying Costs
The $350 monthly association fee is relatively high for a 660-square-foot unit, which may affect the debt-to-income ratio for some prospective buyers.
- Limited Square Footage
At only 660 square feet, the compact living space may feel restrictive for those requiring significant storage or a more expansive layout for entertaining.
About 7885 West Flamingo Road 1016
DISCOVER AN EXCEPTIONAL LIVING OPPORTUNITY IN THIS CHARMING GROUND FLOOR CONDO, PERFECTLY SITUATED IN THE VIBRANT CITY OF LAS VEGAS. THIS DELIGHTFUL SINGLE-STORY RESIDENCE OFFERS A COMFORTABLE AND EFFICIENT LAYOUT, IDEAL FOR MODERN LIFESTYLES. THE INVITING INTERIOR FEATURES A WELL-MAINTAINED DRYWALL FINISH THROUGHOUT THE LIVING SPACE, PROVIDING A NEUTRAL CANVAS FOR PERSONALIZATION. WITH A GENEROUSLY SIZED BEDROOM AND FULL BATHROOM, THIS HOME ENSURES CONVENIENCE AND PRIVACY FOR RESIDENTS. THE PROPERTY BOASTS A SPACIOUS COVERED BALCONY, OFFERING A PERFECT BALANCE BETWEEN OUTDOOR ENJOYMENT AND LOW MAINTENANCE. LIVING HERE PLACES YOU IN A DYNAMIC NEIGHBORHOOD, PROVIDING EASY ACCESS TO LOCAL AMENITIES AND THE EXCITING ATTRACTIONS THAT DEFINE LAS VEGAS LIVING. THIS HOME PRESENTS A UNIQUE CHANCE TO EMBRACE A COMFORTABLE AND ENGAGING LIFESTYLE IN A SOUGHT-AFTER LOCATION.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1997
- Lot Size
- 7,261 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350 / Month
Neighborhood Insights
Las Vegas Unified Schools
Roger M Bryan Elementary School
Grades PK-5 • 0.6 mi
6/10
Clifford J Lawrence Junior High School
Grades 6-8 • 1.3 mi
5/10
Spring Valley High School
Grades 9-12 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 660 | 1,059.468 |
| Lot Size | 7,261 | 6,055.359 |
| Price | $175.0K | $225.8K |
| Price per sq ft | $265 | $213 |
| Built year | 1997 | 1996 |
| HOA | $350 | $254 |
| Days on market | 29 | 71 |
Pricing History
Listed for Sale
Aug 24, 2026
$175,000
$179,900
-3% Price Drop
Initial Listing
Price Change
Aug 11, 2026
$179,900
Initial Listing