
Las Vegas, NV 89147
This High-Potential Investment Opportunity is listed at $259,900, positioned above the $248,374 Fair Market Value. While the property lacks instant equity, its Fair Condition Rating and functional split-bedroom layout offer a stable foundation for value-add cosmetic updates. Featuring resort-style amenities, including three pools and mountain views, this residence provides a desirable lifestyle in the Spring Valley area. With its proximity to major transit and shopping, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable home in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 West Flamingo Road 1085 Subject | $259,900* List Price | 2 | 2 | 1,023 | $243 | - |
A 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.0 mi |
B 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.0 mi |
C 7885 W Flamingo Road 1071 Sold | $250,000 | 2 | 2 | 934 | $268 | 0.4 mi |
D 7885 W Flamingo Road 1079 Sold | $242,000 | 2 | 2 | 934 | $259 | 0.5 mi |
E 7950 W Flamingo Road 1077 Sold | $240,000 | 2 | 2 | 1,023 | $235 | 0.0 mi |
F 7950 West Flamingo Road 2123 Sold | $212,000 | 2 | 2 | 1,023 | $207 | 0.1 mi |
G 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.1 mi |
H 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.1 mi |
I 7950 W Flamingo Road 1079 Pending | $249,500 List Price | 2 | 2 | 1,023 | $244 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property is functional but dated. While it features new flooring throughout, the kitchen and bathrooms retain original oak cabinetry and tile countertops from the 90s. It meets the 'Fair' criteria as it is over 20 years old and requires cosmetic updates to the primary systems and surfaces.
Situated in the vibrant Spring Valley area, this property offers swift access to the Las Vegas Strip, Downtown Summerlin, and Desert Breeze Park, making it ideal for those seeking a balance of leisure and convenience.
The first-floor corner unit features a thoughtfully designed floor plan with bedrooms on opposite ends, providing maximum privacy for roommates or guests, enhanced by new flooring throughout.
Located within a gated community, residents have access to premium amenities including three swimming pools, spas, and scenic mountain views, offering a high-quality lifestyle at a competitive price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4871, other record lot size in square feet = 1980.
While the unit features new flooring, the kitchen retains tile countertops, which may be considered dated by modern buyers looking for granite or quartz upgrades.
The assigned middle and high schools carry modest ratings (5 and 4 respectively), which may be a drawback for families prioritizing top-tier educational performance.
Located in a gated community, offering resort-style amenities, including three swimming pools, soothing spas, and a front pool featuring a cascading waterfall. Discover unparalleled comfort in this desirable first-floor corner condominium, perfectly situated in the vibrant Spring Valley area. This spacious residence features new flooring throughout, two generously sized bedrooms, thoughtfully positioned on opposite ends of the unit to ensure maximum privacy, an ideal arrangement for roommates, guests, or a dedicated home office. The inviting living room, complete with a cozy fireplace, seamlessly flows into the dining area, creating an effortless space for entertaining. The kitchen features tile countertops, recessed lighting, all appliances, and tile flooring. For added convenience, an in-unit washer and dryer are included. One of the bathrooms offers versatile dual access from both the hallway and one of the bedrooms, enhancing functionality. Step outside to a private covered patio, offering a serene retreat for relaxation. This prime location provides swift access to an array of shopping and dining options, the excitement of the Las Vegas Strip, the upscale appeal of Downtown Summerlin, the recreational opportunities at Desert Breeze Park, and much more, offering a lifestyle of convenience and leisure.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.4 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 | 4,871 | - |
| Price | $259.9K | $217.2K |
| Price per sq ft | $254 | $219 |
| Built year | 1994 | 0 |
| HOA | $200 | $0 |
| Days on market | 2 | 828 |
Jul 24, 2026
$259,900
Initial Listing
Dec 8, 1993
$76,000
Public Record