
Las Vegas, NV 89147
This Condominium Asset is a High-Potential Investment Opportunity, listed at $229,900—positioned above the $220,193 Fair Market Value. While the property requires cosmetic updates given its Fair Condition Rating, it offers unique value-add potential through its Detached 1 Car Garage and Carport and Pool/Spa Views. The split-bedroom layout and vaulted ceilings provide a functional foundation for modernization. This property is best suited for Buy-and-Hold Investors seeking rental demand or first-time buyers looking to build equity through strategic interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7885 West Flamingo Road 2009 Subject | $224,900* List Price | 2 | 2 | 934 | $234 | - |
A 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.3 mi |
B 7885 W Flamingo Road 2125 Sold | $180,000 | 2 | 2 | 934 | $193 | 0.2 mi |
C 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.3 mi |
D 7400 W Flamingo Road 2056 Sold | $170,000 | 2 | 1 | 917 | $185 | 0.5 mi |
E 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.3 mi |
F 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.3 mi |
G 7885 W Flamingo Road 1002 Active | $224,900 List Price | 2 | 2 | 934 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this property is approximately 27 years old and appears to retain most of its original finishes. The kitchen features dated oak-style cabinetry, laminate countertops, and fluorescent lighting, while the bathroom shows standard 90s-era tiling. Although the listing is well-maintained and 'move-in ready,' it falls into the 'Fair' category as it is over 20 years old and requires cosmetic updates to meet modern standards.
This unit is ideally situated directly across from the pool, spa, and clubhouse, featuring a private balcony that offers relaxing views of the community amenities.
Rare for a condominium at this price point, the property includes both a detached one-car garage and an additional covered carport, providing ample parking and storage.
The interior offers an open feel with high vaulted ceilings, pot shelves, and a functional split-bedroom layout featuring walk-in closets and a dedicated laundry room.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10106, other record lot size in square feet = 2852.
The monthly HOA fee of $350 is relatively high compared to the listing price, which may impact the debt-to-income ratio for some buyers or reduce net ROI for investors.
The assigned middle and high schools carry lower performance ratings (5/10 and 4/10), which could be a drawback for families prioritizing top-tier educational districts.
INCLUDES PRIVATE GARAGE with Auto Opener! Gated Community Unit is directly Across from Pool/Spa and Clubhouse, Great Floorplan High Vaulted Ceiling with Pot-shelves, Fireplace, Balcony facing landscped area, Kitchen with Breakfast Bar, Laundry Room with Cabinets, Separate Bedrooms with Walk-In Closets, Ceiling Fans, 2 Full Bathrooms, Detached 1 Car Garage + Covered Carport....A Must See!!!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.5 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 | 934 | 1,023 | 25% |
| Lot Size | 10,106 | - | 85% |
| Price | $224.9K | $235.0K | 44% |
| Price per sq ft | $241 | $230 | 67% |
| Built year | 1997 | 1997 | 50% |
| HOA | $350 | $196 | 93% |
| Days on market | 23 | 481 | 2% |
Jun 6, 2026
$224,900
$229,900
-2% Price Drop
Initial Listing
May 22, 2026
$229,900
Initial Listing