
Las Vegas, NV 89147
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $230,000—positioned well below the $232,933 Fair Market Value by 1%. This valuation gap offers $2,933 in Instant Equity. Featuring a Condition Rating of 4, the home includes brand-new luxury vinyl plank flooring and a new HVAC system. While the kitchen and baths offer potential for cosmetic updates, the split-bedroom layout and private covered patio provide immediate comfort. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a well-maintained, accessible property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 West Flamingo Road 1178 Subject | $230,000* List Price | 2 | 2 | 1,023 | $228 | - |
A 7950 W FLAMINGO Road 2168 Sold | $165,000 List Price | 2 | 2 | 1,023 | 0.0 mi | |
B 7950 West Flamingo Road 2088 Sold | $219,999 | 2 | 2 | 1,023 | $215 | 0.2 mi |
C 7885 W Flamingo Road 1071 Sold | $250,000 | 2 | 2 | 934 | $268 | 0.3 mi |
D 7950 W Flamingo Road 2168 Sold | $230,000 List Price | 2 | 2 | 1,023 | 0.0 mi | |
E 7950 W Flamingo Road 2168 Sold | $229,000 | 2 | 2 | 1,023 | $224 | 0.0 mi |
F 7950 West Flamingo Road 2123 Sold | $212,000 | 2 | 2 | 1,023 | $207 | 0.1 mi |
G 7885 W Flamingo Road 1079 Sold | $242,000 | 2 | 2 | 934 | $259 | 0.3 mi |
H 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.1 mi |
I 7950 W Flamingo Road 1169 Pending | $230,000 List Price | 2 | 2 | 1,023 | $225 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is over 30 years old. While it features excellent recent upgrades including brand-new luxury vinyl plank flooring and a new HVAC system (<1 year old), the kitchen and bathrooms remain dated with original oak cabinetry and white tile countertops. It is well-maintained and move-in ready, but the core wet areas require cosmetic updates to meet modern standards.
The property features brand-new luxury vinyl plank flooring and an HVAC system less than a year old, providing immediate modern appeal and reducing near-term maintenance expenses.
The ground-floor location combined with assigned covered parking at the community entrance offers exceptional convenience and ease of access for residents.
The well-designed split floor plan places bedrooms on opposite sides of the living area, maximizing privacy for roommates or guests in a compact footprint.
Built in 1993, the community may face upcoming capital improvement needs or higher maintenance requirements for older common area elements.
The assigned middle and high schools have lower performance ratings (5 and 4 respectively), which may limit the property's appeal to families prioritizing education.
Enjoy quick and easy access with this ground-floor 2-bedroom 2-bath condo perfectly position at the entrance of Rain Tree West in the heart of Spring Valley. Simply pull into your assigned covered parking space, and you are home! BRAND-NEW luxury vinyl plank flooring and an HVAC system less than one year old provide modern style and peace of mind. The open living and dining area features a cozy fireplace, while the split-layout provides privacy with spacious bedrooms and baths on opposite sides of the home. Ceiling fans and blinds installed throughout. Unwind on your private covered patio or enjoy the pool and spa directly adjacent to your front door. This peaceful, beautifully landscaped community offers three swimming pools, spas, ample guest parking, and an HOA that covers water, sewer, and trash. Minutes from shopping, dining, parks, Downtown Summerlin, and the Las Vegas Strip, this home offers an unbeatable combination of location, comfort, and value. Schedule your showing today!
No exterior & parking available.
Grades PK-5 • 0.4 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 | - | - |
| Price | $230.0K | $217.2K |
| Price per sq ft | $225 | $219 |
| Built year | 1993 | 0 |
| HOA | $200 | $0 |
| Days on market | 3 | 828 |
Jul 20, 2026
$230,000
Initial Listing