8101 West Flamingo Road 2040, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Condominium represents a Strong Value Opportunity, listed at $255,000, which aligns with its $255,000 Fair Market Value. While the property maintains a Fair Condition Rating due to original cabinetry, it features modern wood-look flooring and a private deck. Located in a prime Southwest gated community with easy access to the 215 Beltway, this unit offers a functional, low-maintenance layout. It is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or first-time buyers looking for a stable, well-located entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8101 West Flamingo Road 2040 Subject | $239,900* List Price | 2 | 2 | 1,219 | $197 | - |
A 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.4 mi |
B 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.4 mi |
C 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.3 mi |
D 8501 W University Avenue 2078 Sold | $245,000 | 2 | 2 | 1,019 | $240 | 0.5 mi |
E 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.3 mi |
F 7885 W Flamingo Road 2125 Sold | $180,000 | 2 | 2 | 934 | $193 | 0.5 mi |
G 7950 W Flamingo Road 1077 Sold | $240,000 | 2 | 2 | 1,023 | $235 | 0.4 mi |
H 7400 W Flamingo Road 2056 Sold | $170,000 | 2 | 1 | 917 | $185 | 0.9 mi |
I 8101 West Flamingo Road 2179 Active | $258,000 List Price | 2 | 2 | 1,042 | $248 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property falls into the 'Fair' category due to its age and dated kitchen/bath layout. While it features updated wood-look flooring and crown molding, the core systems and cabinetry appear original to the build and will likely require modernization soon.
Situated in a desirable gated community, this property offers exceptional accessibility to the 215 Beltway, the Las Vegas Strip, and local parks, making it ideal for commuters and lifestyle-oriented buyers.
The interior features a modern combination of tile and wood plank flooring with no carpet throughout, providing a clean, low-maintenance environment that appeals to contemporary tastes.
The 1,219 square foot layout is highly efficient, featuring a large pantry, a dedicated laundry room with full-sized appliances, and a seamless flow between the living and dining areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1219, other record lot size in square feet = 2110.
With 65 days on the market and a recent price reduction from $270,000, the property is experiencing slower-than-average momentum, which may suggest initial overpricing or high competition in the area.
The assigned middle and high schools carry average to lower ratings (5/10 and 4/10 respectively), which could be a limiting factor for families prioritizing top-tier educational performance.
Resort-like gated community in the SW, is conveniently located near shopping, and has easy access to the 215 & The Strip and a variety of parks! This second-floor unit has a great floor plan with 2 bedrooms and 2 full bathrooms. As you enter, you’ll see the tile and wood plank flooring, no carpet here. The living room and dining room flow together for a comforting atmosphere all around! The efficient kitchen is fully equipped and features a large pantry. Off of the kitchen is the laundry room, which has a full-sized washer and dryer. Buyers and buyer's agents verify all info and measurements.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,219 | - |
| Lot Size | 1,219 | - |
| Price | $239.9K | $217.2K |
| Price per sq ft | $197 | $219 |
| Built year | 1997 | 0 |
| HOA | $215 | $0 |
| Days on market | 105 | 828 |
Jul 2, 2026
$239,900
$255,000
-6% Price Drop
Initial Listing
May 9, 2026
$255,000
$270,000
-6% Price Drop
Initial Listing
Apr 9, 2026
$270,000
Initial Listing