7950 W Flamingo Road 2056, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Updated Spring Valley Condominium is a High-Potential Investment Opportunity with a List Price of $262,900—positioned well below the $315,572 Fair Market Value by 16%. This valuation gap provides $52,672 in Instant Equity. Maintaining a Good Condition Rating, the interior features Granite Countertops, Vaulted Ceilings, and a Fireplace, complemented by Mountain Views and three community pools. Located near Spring Valley High School, this move-in-ready asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 W Flamingo Road 2056 Subject | $262,900* List Price | 2 | 2 | 1,023 | $308 | - |
A 7400 W FLAMINGO Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.5 mi |
B 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.1 mi |
C 7570 W Flamingo Road 230 Sold | $220,000 | 2 | 2 | 1,023 | $215 | 0.5 mi |
D 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.1 mi |
E 7950 W Flamingo Road 1077 Sold | $240,000 | 2 | 2 | 1,023 | $235 | 0.2 mi |
F 8101 W Flamingo Road 1163 Sold | $240,000 | 2 | 2 | 1,042 | $230 | 0.3 mi |
G 7950 W Flamingo Road 2083 Active | $254,500 List Price | 2 | 2 | 1,023 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant cosmetic updates, including granite countertops, upgraded wood-look flooring, and tastefully renovated bathrooms with tiled showers. While the building was constructed in 1994, the interior has been modernized with contemporary grey tones and refined cabinetry. The kitchen appliances are functional white models rather than high-end stainless steel, and the cabinets appear to be painted originals rather than new replacements, placing it firmly in the 'Good' category rather than 'Excellent'.
The unit features high-quality updates including granite countertops, refined cabinetry, and upgraded flooring, offering a move-in-ready experience with a contemporary aesthetic.
Vaulted ceilings and a cozy fireplace create an open, inviting atmosphere, complemented by desirable mountain views that add a premium feel to the living space.
Ideally situated within walking distance of schools and shopping, the property also provides resort-style living with access to three community pools and a relatively low HOA fee.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4644, other record lot size in square feet = 2378.
Built in 1994, the property may soon require maintenance or updates to major mechanical systems or building exteriors common in developments of this vintage.
Located on the second floor, this unit may pose challenges for residents with mobility concerns, as these garden-style condo complexes typically do not feature elevators.
Stunning and impeccably maintained 2-bedroom, 2-bath condo ideally located near shopping, dining, and everyday conveniences. This beautifully updated unit features a spacious open floor plan with vaulted ceilings, newly refined kitchen cabinetry, granite countertops, upgraded flooring, modern grey tones, ceiling fans, and new window blinds throughout. Both bathrooms offer taste ful upgrades, and the cozy fireplace creates the perfect touch of warmth and charm. Enjoy resort-style living with access to three community pools and additional amenities. Move-in ready and meticulously cared for — this is one you don’t want to miss.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.3 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 | 1,023 | 1,023 | 50% |
| Lot Size | 4,644 | 959 | 61% |
| Price | $262.9K | $239.0K | 64% |
| Price per sq ft | $257 | $231 | 87% |
| Built year | 1994 | 1999 | 19% |
| HOA | $170 | $200 | 35% |
| Days on market | 70 | 369 | 3% |
Feb 11, 2026
$262,900
Initial Listing
Jun 26, 2002
$78,436
Public Record
Aug 2, 1994
$81,500
Public Record