8501 West University Avenue 1014, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Turnkey Condominium is a Strong Value Opportunity, listed at $254,900—positioned above the $241,630 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 3, highlighted by a brand-new $13,700 HVAC system and modern granite kitchen. Residents enjoy resort-style amenities, including a pool and spa, plus the rare convenience of a detached garage. This move-in ready home is an ideal choice for first-time buyers or owner-occupants seeking a low-maintenance lifestyle in a well-managed gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8501 West University Avenue 1014 Subject | $254,900* List Price | 2 | 2 | 890 | $271 | - |
A 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.9 mi |
B 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.9 mi |
C 8501 W University Avenue 1123 Sold | $269,000 List Price | 3 | 2 | 1,090 | 0.1 mi | |
D 8501 W University Avenue 2078 Sold | $245,000 | 2 | 2 | 1,019 | $240 | 0.1 mi |
E 7950 W Flamingo Road 2168 Sold | $230,000 List Price | 2 | 2 | 1,023 | 0.9 mi | |
F 8501 W University Avenue 1126 Active | $250,000 List Price | 2 | 2 | 1,019 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property is 24 years old, it is well-maintained and move-in ready with significant recent updates. Key highlights include a brand-new HVAC system (under 1 year old), newer tile flooring throughout, and granite countertops. Although the cabinetry and white appliances are dated, the overall condition and major system replacement elevate it from Fair to Good.
The recent installation of a new $13,700 A/C unit provides immediate energy efficiency and eliminates a major future capital expense for the buyer, which is a significant advantage in the Las Vegas climate.
The property includes both a detached garage and an assigned covered parking space, offering a level of convenience and storage rarely found in standard two-bedroom condominium units.
With granite countertops, a cozy fireplace, and newer tile flooring throughout (no carpet), the home offers a contemporary aesthetic that minimizes immediate renovation needs for new owners.
At 890 square feet for a two-bedroom, two-bath configuration, the living areas and bedrooms may feel restrictive compared to larger floor plans available in the same price bracket.
The assigned public schools carry mid-to-low ratings (ranging from 4 to 6), which may limit the property's appeal to families prioritizing high-performing educational districts.
NEW A/C unit installed within the past year! The owner invested $13,700 for added comfort, peace of mind, and energy efficiency. Beautifully updated 2-bedroom, 2-bath condo featuring a detached garage plus an assigned covered parking space. This bright, open floor plan is filled with natural light and showcases newer tile flooring throughout (no carpet), custom paint, and a cozy fireplace in the living room. The well-appointed kitchen offers granite countertops, a breakfast bar, and ample cabinet storage. The thoughtfully designed split-bedroom layout provides added privacy, with each bedroom offering direct access to a bathroom. The spacious primary suite features a walk-in closet and private access to the covered patio. Located in a beautifully maintained gated community with resort-style amenities, including a pool, spa, and fitness center. All appliances are included, making this home truly move-in ready. Don't miss this exceptional opportunity—schedule your showing today!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 890 | - |
| Lot Size | - | - |
| Price | $254.9K | $217.2K |
| Price per sq ft | $286 | $219 |
| Built year | 2000 | 0 |
| HOA | $235 | $0 |
| Days on market | 23 | 828 |
Jun 29, 2026
$254,900
Initial Listing