8501 W University Avenue 1057, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Well-Maintained Condominium is listed at $245,000, providing a stable entry point at its $245,000 Fair Market Value. The interior boasts an efficient open-concept layout, a private patio, and a Fair Condition Rating, reflecting its clean, original 1999 finishes. The gated community offers high-value resort-style amenities including a pool, spa, and fitness center, with the added convenience of covered parking. Located within a mile of Roger M Bryan Elementary, this property balances functional living with long-term rental demand, 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 |
|---|---|---|---|---|---|---|
★ 8501 W University Avenue 1057 Subject | $239,500* List Price | 2 | 2 | 890 | $252 | - |
A 8501 W University Avenue 2078 Sold | $245,000 | 2 | 2 | 1,019 | $240 | 0.1 mi |
B 7885 W Flamingo Road 2125 Sold | $180,000 | 2 | 2 | 934 | $193 | 0.8 mi |
C 8501 W University Avenue 2053 Sold | $274,990 | 3 | 2 | 1,090 | $252 | 0.0 mi |
D 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.9 mi |
E 8501 W University Avenue 2089 Active | $237,500 List Price | 2 | 2 | 890 | $267 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in well-maintained condition but remains largely in its original 1999 state. The kitchen features dated oak-style cabinetry and older white appliances, while the living areas show standard carpet and older fixtures like vertical blinds. While move-in ready, it lacks modern updates to the kitchen, bathrooms, and flooring, fitting the 'fair' criteria for a home over 20 years old with no major recent renovations.
The community offers a comprehensive suite of amenities including a pool, spa, fitness center, and clubhouse, providing a high-quality lifestyle and added value for the HOA fee.
Located toward the back of the complex, this unit enjoys a peaceful and tranquil setting away from main traffic, with the convenience of covered parking directly in front.
The 2-bedroom, 2-bathroom floor plan features an open-concept design that maximizes the living area, creating a spacious and functional environment for residents.
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.
At 890 square feet for a two-bedroom unit, the interior space may feel restrictive for buyers seeking larger bedrooms or extensive storage options.
Built in 1999, the property may require cosmetic modernizations or updates to major systems to compete with newer or fully renovated condominiums in the Las Vegas market.
Welcome to condo paradise! This beautiful 2-bedroom, 2-bathroom home features an open-concept layout that offers a spacious and comfortable living area. Tucked away toward the back of the community, the unit enjoys a peaceful, tranquil setting. A covered parking space is conveniently located right in front of the unit. The well-maintained HOA offers resort-style amenities including a pool, spa, fitness center, clubhouse, and more. Enjoy easy living in a quiet, desirable neighborhood.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 890 | 1,023 | 12% |
| Lot Size | 4,967 | 959 | 67% |
| Price | $239.5K | $239.0K | 52% |
| Price per sq ft | $269 | $231 | 93% |
| Built year | 1999 | 1999 | 50% |
| HOA | $200 | $200 | 50% |
| Days on market | 98 | 369 | 7% |
Apr 10, 2026
$239,500
$245,000
-2% Price Drop
Initial Listing
Jan 14, 2026
$245,000
Initial Listing