
Las Vegas, NV 89147
This Upgraded First-Floor Condominium is a Prime Investment Opportunity listed at $255,000—positioned well below the $260,626 Fair Market Value by 2%. This valuation gap provides $5,626 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features luxury vinyl plank flooring, granite countertops, and stainless steel appliances. Residents enjoy a private patio steps from the community pool and proximity to Spring Valley High School. This move-in-ready asset is perfectly suited for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 West Flamingo Road 1037 Subject | $249,995* List Price | 2 | 2 | 1,023 | $244 | - |
A 7950 W Flamingo Road 1138 Sold | $226,900 | 2 | 2 | 1,023 | $222 | 0.1 mi |
B 7950 W Flamingo Road 2168 Sold | $229,000 | 2 | 2 | 1,023 | $224 | 0.1 mi |
C 7950 W Flamingo Road 2168 Sold | $230,000 List Price | 2 | 2 | 1,023 | 0.1 mi | |
D 7950 W Flamingo Road 1077 Sold | $240,000 | 2 | 2 | 1,023 | $235 | 0.1 mi |
E 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.4 mi |
F 7400 W FLAMINGO Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.5 mi |
G 7400 W Flamingo Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.5 mi |
H 7400 W Flamingo Road 1033 Sold | $240,000 | 2 | 2 | 959 | $250 | 0.6 mi |
I 7950 W Flamingo Road 1017 Pending | $230,000 List Price | 2 | 2 | 1,023 | $225 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern interior upgrades including luxury vinyl plank flooring throughout, granite countertops, and stainless steel kitchen appliances. While the structure was built in 1995 and the kitchen cabinetry appears to be original, the unit has been well-maintained and updated to meet current aesthetic standards, fitting the criteria for a well-maintained property with updated components.
The unit features contemporary finishes including luxury vinyl plank flooring, granite countertops, and stainless steel appliances, providing a move-in-ready aesthetic for buyers.
This first-floor unit offers a desirable open floor plan with a split-bedroom configuration for maximum privacy, plus a private patio located just steps from the community pool.
Situated in a gated community, the property is exceptionally located near major retail hubs like Sam's Club and Walmart, offering high convenience for daily shopping and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4617, other record lot size in square feet = 2100.
Built in 1995, the property may require future capital expenditures for aging building systems or common area maintenance typical of a nearly 30-year-old development.
The assigned middle and high schools carry relatively low to average ratings, which could be a limiting factor for families prioritizing top-tier educational districts.
PRICE REDUCED ($255K down to $249,995)!! Discover a southwest beauty that seamlessly blends comfort and convenience, offering an exceptional lifestyle opportunity. This upgraded two-bedroom, two-bathroom condo unit is ideally situated on the first floor, providing easy access and a private patio perfect for enjoying the outdoors, mere steps from the resort-style pool and spa. The open floor plan is thoughtfully designed with bedrooms at opposite ends, ensuring privacy for all occupants. Elegant luxury vinyl plank flooring flows throughout the entire residence, complementing the modern aesthetic. The kitchen is a culinary delight for the chef in you, featuring stainless steel appliances and sophisticated granite countertops. A cozy fireplace in the living room adds warmth and ambiance, creating an inviting atmosphere for relaxation. Practical updates include a recently installed water heater, ensuring peace of mind. Located within the gated Rain Tree West subdivision, this home offers unparalleled neighborhood appeal, placing you moments away from a diverse array of restaurants, grocery stores including Sam's Club and Walmart, retail shops, banks, and gas stations. This property represents a fantastic opportunity, whether you are seeking for a starter home, a vacation retreat, an investment property, or simply downsizing to a comfortable and elegant abode. It truly embodies a "home sweet home" feel, promising to be a source of pride and joy for its new owners. Schedule your tour now & make your highest & best offer!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,023 | - |
| Lot Size | 4,617 | - |
| Price | $250.0K | $217.2K |
| Price per sq ft | $244 | $219 |
| Built year | 1995 | 0 |
| HOA | $240 | $0 |
| Days on market | 116 | 828 |
Jun 24, 2026
$249,995
$255,000
-2% Price Drop
Initial Listing
Mar 28, 2026
$255,000
Initial Listing
Nov 18, 1994
$82,500
Public Record