8450 Alta Drive 230, Las Vegas, NV 89145, Las Vegas, 89145 - 2 bed, 2 bath
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Las Vegas, NV 89145
This Condominium Asset is a Strong Value Opportunity, listed at $230,000—positioned well below the $249,501 Fair Market Value by 7%. This valuation gap offers $19,501 in Instant Equity for the buyer. Featuring a Functional Split Floor Plan and a Private Gated Entry, the property holds a Condition Rating of 4, indicating a need for cosmetic updates. While the high school rating is lower, the proximity to a highly-rated middle school adds stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8450 Alta Drive 230 Subject | $230,000* List Price | 2 | 2 | 1,188 | $210 | - |
A 525 INDIAN PRINCESS Drive 204 Sold | $220,000 | 2 | 2 | 1,108 | $199 | 0.2 mi |
B 8301 Boseck Drive 232 Sold | $289,500 | 2 | 2 | 1,229 | $236 | 0.5 mi |
C 8452 BOSECK Drive 208 Sold | $257,000 | 2 | 2 | 1,080 | $238 | 0.4 mi |
D 104 Breezy Tree Court 202 Sold | $290,000 | 2 | 2 | 1,296 | $224 | 0.5 mi |
E 8452 Boseck Drive 208 Sold | $257,000 | 2 | 2 | 1,080 | $238 | 0.4 mi |
F 7901 Idledale Court 101 Sold | $210,000 | 2 | 2 | 1,168 | $180 | 0.7 mi |
G 7905 GREYCREST Court 201 Sold | $162,000 List Price | 2 | 2 | 1,168 | 0.7 mi | |
H 508 Indian Princess Drive 102 Sold | $210,000 | 2 | 2 | 1,108 | $190 | 0.2 mi |
I 350 South Durango Drive 115 Active | $227,000 List Price | 2 | 2 | 1,016 | $223 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old) with original finishes. The bathrooms feature dated oak cabinetry and laminate counters, and the interior shows visible wear on carpets and doors. As a HUD home of this age, it is functional but requires cosmetic updates and minor repairs to meet modern standards.
The layout features a primary suite privately situated away from the secondary bedroom, offering enhanced privacy and a seamless flow between the living areas.
The property includes a gated front entry that creates a secure, enclosed patio area, providing a rare level of privacy and additional outdoor living space for a condominium.
Priced competitively at $230,000, this 1,188 sq. ft. home presents an excellent opportunity for investors or first-time buyers to acquire a property with significant equity potential in the Las Vegas market.
As a HUD-owned home, the property is typically sold in as-is condition, which may necessitate immediate out-of-pocket expenses for repairs or modernization and limit certain financing options.
While the assigned middle school is highly rated at a 7, the high school rating of 3 may be a deterrent for families prioritizing long-term educational performance and resale value.
Fantastic opportunity to own this HUD home featuring 2 bedrooms and 2 bathrooms with an open, functional floor plan. The spacious primary suite is privately situated away from the secondary bedroom, while both bedrooms offer generous closet space. The inviting living room features a cozy fireplace and flows seamlessly into the main living areas. Enjoy the added privacy and security of the gated front entry, creating a charming enclosed patio area before you reach the front door. Whether you’re looking for a primary residence or an investment property, this home offers outstanding potential and value.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,188 | - |
| Lot Size | - | - |
| Price | $230.0K | $217.2K |
| Price per sq ft | $194 | $219 |
| Built year | 1996 | 0 |
| HOA | $200 | $0 |
| Days on market | 3 | 828 |
Jul 19, 2026
$230,000
Initial Listing
Mar 12, 1996
$84,000
Public Record