7950 West Flamingo Road 2048, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $215,000—positioned well below the $237,519 Fair Market Value by 9%. This valuation gap offers $22,519 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with a newly updated Quartz Kitchen and stainless appliances, the unit provides a turnkey lifestyle. Located near Spring Valley High School, this property balances affordability with convenience, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 West Flamingo Road 2048 Subject | $215,000* List Price | 2 | 2 | 1,023 | $232 | - |
A 7950 West Flamingo Road 2123 Sold | $212,000 | 2 | 2 | 1,023 | $207 | 0.1 mi |
B 7950 W Flamingo Road 2168 Sold | $230,000 List Price | 2 | 2 | 1,023 | 0.1 mi | |
C 7950 W Flamingo Road 1077 Sold | $240,000 | 2 | 2 | 1,023 | $235 | 0.1 mi |
D 7950 W Flamingo Road 1138 Sold | $226,900 | 2 | 2 | 1,023 | $222 | 0.1 mi |
E 7950 W Flamingo Road 2168 Sold | $229,000 | 2 | 2 | 1,023 | $224 | 0.1 mi |
F 7885 W Flamingo Road 1079 Sold | $242,000 | 2 | 2 | 934 | $259 | 0.4 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 West Flamingo Road 1037 Active | $249,995 List Price | 2 | 2 | 1,023 | $244 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1995 (29 years old), the property features a recently updated kitchen with brand new quartz countertops and a full suite of new stainless steel appliances. The unit is well-maintained, 'super clean,' and move-in ready, which elevates it from the 'Fair' category despite the age of the original cabinetry and bathroom fixtures.
Positioned as the lowest-priced gated condo in the area at $215,000, this property offers a highly competitive entry point for first-time homeowners or investors looking for value in the Southwest market.
The unit features significant recent improvements, including brand-new quartz countertops and a full suite of new appliances (fridge, stove, microwave, dishwasher), providing a turnkey, move-in-ready experience.
Located in the desirable Southwest area, the property is within walking distance to Spring Valley High School and offers easy access to the Strip, shopping, and parks, all within a secure gated community.
As an upstairs unit, the property may be less desirable for buyers with mobility concerns or those who prefer the convenience of ground-floor access.
Built in 1995, the property may require more frequent maintenance of original systems or common areas compared to newer developments, despite the recent cosmetic interior updates.
Hurry Before Gone!! *Summer Deal*Lowest Priced *GATED CONDO*2Bedroom +2Bath.Located in Raintree West.Super Clean 2 Bedroom 2 Bathroom Upstairs Unit in the Southwest. QUARTZ COUNTERTOPS IN THE KITCHEN ALONG WITH BRAND NEW FRIDGE, STOVE, MICROWAVE, DISHWASHER, SINK, AND GARBAGE DISPOSAL. Ceiling fans and blinds throughout, fireplace, Enjoy Community Pool and Spa. Water, sewer, and trash included in the HOA. Plenty of guest parking, close to shopping, schools, parks, the strip, and transportation. Great Opportunity to be a Home Owner! MOVE IN READY!
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 | - | - |
| Price | $215.0K | $217.2K |
| Price per sq ft | $210 | $219 |
| Built year | 1995 | 0 |
| HOA | $240 | $0 |
| Days on market | 12 | 828 |
Jul 10, 2026
$215,000
Initial Listing
Aug 31, 1994
$83,000
Public Record