8501 West University Avenue 2089, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
Loading property details...
8501 West University Avenue 2089
Las Vegas, NV 89147
ACTIVE
CONDITION: FAIR
2Beds
2Baths
890Sq Ft
4,967Lot Size
Property Price
LIST PRICE$237,500
EST. MARKET VALUE
$224,483
5% AboveMARKET VALUE
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $237,500—positioned well above the $224,483 Fair Market Value by -5%. Featuring a Condition Rating of 4, the unit offers panoramic Strip and mountain views, a detached garage, and assigned covered parking. While the interior features dated finishes, its turnkey status and proximity to Roger M. Bryan Elementary make it a practical choice. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located, amenity-rich residence.
Estimated Market Value
$224,483
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8501 West University Avenue 2089 Subject | $237,500* List Price | 2 | 2 | 890 | $252 | - |
A 7885 W Flamingo Road 1071 Sold | $250,000 | 2 | 2 | 934 | $268 | 0.6 mi |
B 7885 W Flamingo Road 1079 Sold | $242,000 | 2 | 2 | 934 | $259 | 0.7 mi |
C 8501 W University Avenue 2117 Sold | $222,500 | 2 | 2 | 890 | $250 | 0.1 mi |
D 7950 West Flamingo Road 2088 Sold | $219,999 | 2 | 2 | 1,023 | $215 | 0.8 mi |
E 8101 West Flamingo Road 2077 Sold | $170,000 | 1 | 1 | 807 | $211 | 0.5 mi |
F 7950 West Flamingo Road 2123 Sold | $212,000 | 2 | 2 | 1,023 | $207 | 0.8 mi |
G 8501 W University Avenue 2084 Active | $259,999 List Price | 2 | 2 | 1,019 | $255 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999 (25 years old), the property appears to maintain its original finishes. The kitchen features dated oak cabinetry, white tile countertops, and older white appliances. While the unit is well-maintained and move-in ready, it requires cosmetic updates to bathrooms and the kitchen to meet modern standards, fitting the criteria for a property over 20 years old with dated elements.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Scenic Views
The property offers rare panoramic views of both the Las Vegas Strip and the mountains from every room, providing a high-value aesthetic that distinguishes it from other units in the community.
- Superior Parking and Storage
Unlike many standard condominiums, this unit includes both a detached garage and an assigned covered parking space, offering significant added value for vehicle protection and storage.
- Move-In Ready Features
The home is fully equipped with all appliances, elegant window shutters, and durable tile flooring, ensuring a seamless transition for buyers looking for a turnkey residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4967, other record lot size in square feet = 2260.
- Compact Living Area
With a total of 890 square feet for a two-bedroom layout, the interior living and dining spaces may feel constrained for buyers prioritizing spaciousness.
- Second-Floor Accessibility
As an upstairs unit, the property lacks ground-level access, which may be a drawback for individuals with mobility concerns or those who prefer the convenience of a first-floor entry.
About 8501 West University Avenue 2089
Charming Upstairs 2-bedroom, 2-bath condo nestled within a quiet gated community. The bright, airy living and dining areas feature elegant window shutters, tile flooring, and a cozy fireplace. Enjoy panoramic Strip and mountain views from every room. This move-in-ready home includes all appliances, a detached garage, and an assigned covered parking space. Residents enjoy resort-style amenities, including a sparkling pool and ample guest parking, with an easy commute to anywhere in the valley.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- 4,967 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $235 / Month
Neighborhood Insights
Las Vegas Unified Schools
Roger M Bryan Elementary School
Grades PK-5 • 0.8 mi
6/10
Clifford J Lawrence Junior High School
Grades 6-8 • 0.5 mi
5/10
Spring Valley High School
Grades 9-12 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 890 | 1,059.468 |
| Lot Size | 4,967 | 6,055.359 |
| Price | $237.5K | $225.8K |
| Price per sq ft | $267 | $213 |
| Built year | 1999 | 1996 |
| HOA | $235 | $254 |
| Days on market | 4 | 71 |
Pricing History
Listed for Sale
Sep 5, 2026
$237,500
Initial Listing
Sold
Nov 18, 1998
$83,500
Public Record