8501 W University Avenue 2089, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
8501 W University Avenue 2089
Las Vegas, NV 89147
Property Price
SUMMARY
Analysis of 8501 W University Avenue 2089, Las Vegas, NV 89147 is currently available with a list price of $242,500. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this 25-year-old property falls squarely into the 'fair' category as it is aged but well-maintained. While it features desirable upgrades like tile flooring, window shutters, and a fireplace, there is no mention of a full modern renovation of the kitchen or bathrooms. It remains move-in ready and functional, but the style and major components likely reflect the original construction period or older updates.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Panoramic Views
The property offers rare and highly desirable panoramic views of both the Las Vegas Strip and the mountains from every room, significantly enhancing its aesthetic appeal and market value.
- Superior Parking and Storage
Unlike many standard condominiums, this unit includes both a detached garage and an assigned covered parking space, providing excellent vehicle protection and additional storage options.
- Turnkey Features
The condo is move-in ready with all appliances included, featuring durable tile flooring, window shutters, and a cozy fireplace within a secure, gated community offering resort-style amenities.
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.
- Limited Square Footage
At 890 square feet for a two-bedroom, two-bathroom layout, the interior living space is relatively compact, which may feel restrictive for some buyers.
- Second-Floor Accessibility
As an upstairs unit without mention of an elevator, the property may pose challenges for individuals with mobility concerns or those who prefer the convenience of ground-floor access.
About 8501 W University Avenue 2089
Charming upstairs two-bedroom, two-bath condo located within a quiet gated community. The bright and airy living and dining areas features window shutters, tile flooring and a fireplace. This condo offers a panoramic Strip view and mountain view from every room, making it a cozy place for comfortable living. All appliances are included. This unit also includes a detached garage and an assigned covered parking space. Gated community with resort-style amenities, including a sparkling pool and plenty of guest parking. EZ commute to everywhere.
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
Clifford J Lawrence Junior High School
Grades 6-8 • 0.5 mi
Spring Valley High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 14% |
| Lot Size | 4,967 | 1,068 | 68% |
| Price | $242.5K | $227.2K | 60% |
| Price per sq ft | $272 | $233 | 90% |
| Built year | 1999 | 1999 | 50% |
| HOA | $235 | $230 | 68% |
| Days on market | 6 | 252 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$242,500
Initial Listing
Sold
Nov 18, 1998
$83,500
Public Record