8709 Red Rio Drive Unit 104, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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8709 Red Rio Drive Unit 104
Las Vegas, NV 89128
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,189Sq Ft
0Lot Size
Property Price
LIST PRICE$309,999
EST. MARKET VALUE
$279,706
10% AboveMARKET VALUE
SUMMARY
This Guard-Gated Summerlin Condo represents a High-Potential Investment Opportunity, listed at $315,000—positioned above the $282,625 Fair Market Value. While the property carries a premium, it offers a Fair Condition Rating with significant upside for cosmetic modernization. Featuring Single-Level Accessibility, a private patio, and an attached garage, this unit provides a low-maintenance lifestyle in a prestigious community. The property is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or Owner-Occupants prioritizing security and location over immediate equity.
Estimated Market Value
$279,706
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 |
|---|---|---|---|---|---|---|
★ 8709 Red Rio Drive Unit 104 Subject 2 bd · 2 ba · 1,189 sqft · $235 | $309,999* List Price | 2 | 2 | 1,189 | $235 | - |
A 1708 Sky Of Red Drive 204 Sold 2 bd · 2 ba · 1,333 sqft · $224 · 0.0 mi | $299,000 | 2 | 2 | 1,333 | $224 | 0.0 mi |
B 1705 Sky Of Red Drive 103 Sold 3 bd · 2 ba · 1,273 sqft · $232 · 0.1 mi | $295,000 | 3 | 2 | 1,273 | $232 | 0.1 mi |
C 8720 Red Brook Drive 203 Sold 3 bd · 2 ba · 1,412 sqft · $230 · 0.1 mi | $325,000 | 3 | 2 | 1,412 | $230 | 0.1 mi |
D 8737 Red Brook Drive 201 Sold 2 bd · 2 ba · 1,305 sqft · $234 · 0.1 mi | $305,000 | 2 | 2 | 1,305 | $234 | 0.1 mi |
E 1700 Hills Of Red Drive 204 Sold 2 bd · 2 ba · 1,333 sqft · $233 · 0.1 mi | $310,000 | 2 | 2 | 1,333 | $233 | 0.1 mi |
F 1700 Sky Of Red Drive 202 Sold 3 bd · 2 ba · 1,499 sqft · $227 · 0.0 mi | $340,000 | 3 | 2 | 1,499 | $227 | 0.0 mi |
G 1708 Hills Of Red Drive 104 Active 2 bd · 2 ba · 1,189 sqft · $257 · 0.0 mi | $305,000 List Price | 2 | 2 | 1,189 | $257 | 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.
The property was built in 1999 (25 years old) and appears to have original finishes. The kitchen features dated oak cabinetry and older white appliances, and the overall aesthetic is consistent with its age. While well-maintained and move-in ready, it meets the 'Fair' criteria due to being over 20 years old without significant modern renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Summerlin Location
Situated in the prestigious guard-gated Red Hills at The Pueblo, this property offers enhanced security and a highly desirable Summerlin address known for its quality of life.
- Single-Level Accessibility
As a ground-floor unit with no stairs and an attached garage featuring direct entry, it provides exceptional convenience and accessibility for those seeking a low-maintenance lifestyle.
- Comprehensive Community Amenities
The HOA provides significant value by covering water, trash, and exterior maintenance, while offering residents access to a 24-hour guard gate, clubhouse, pool, spa, and fitness center.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $387 monthly HOA fee represents a significant recurring expense that may impact the overall debt-to-income ratio and affordability for budget-conscious buyers.
- Potential for Cosmetic Updates
Built in 1999 and featuring standard carpet and tile, the interior may require modern cosmetic upgrades to compete with newer or fully renovated units in the Summerlin market.
About 8709 Red Rio Drive Unit 104
LOW-MAINTENANCE LIVING IN GUARD-GATED SUMMERLIN! Discover easy single-level living in Red Hills at The Pueblo, where this ground-floor 2-bedroom, 2-bath condo offers 1,189 sq ft with no stairs to climb. The comfortable living area features a gas fireplace and flows into the dining area just off the kitchen. The primary suite offers a walk-in closet plus a private bath with separate tub and shower. A separate laundry room, included refrigerator, washer and dryer, carpet and tile flooring, covered patio, and attached 1-car garage with direct entry add everyday convenience. Enjoy community amenities including a 24-hour guard gate, clubhouse, pool, spa and fitness room, with HOA dues covering water, trash, landscaping and grounds maintenance. A great place to call home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $387 / Month
Neighborhood Insights
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 | 1,189 | 1,048.989 |
| Lot Size | - | 5,669.706 |
| Price | $310.0K | $221.6K |
| Price per sq ft | $261 | $210 |
| Built year | 1999 | 1996 |
| HOA | $387 | $254 |
| Days on market | 31 | 70 |
Pricing History
Listed for Sale
Oct 13, 2026
$309,999
$315,000
-2% Price Drop
Initial Listing
Price Change
Sep 23, 2026
$315,000
Initial Listing