
Las Vegas, NV 89117
This property presents a High-Potential Investment Opportunity with a List Price of $230,000—positioned well below the $236,988 Fair Market Value by 2%. This valuation gap offers $6,988 in Instant Equity. Featuring a Condition Rating of 4, the unit offers a functional layout with Ground Floor Accessibility and Community Pool and Spa access. While the interior reflects its 1993 vintage, the location near Downtown Summerlin ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9070 Spring Mountain Road 113 Subject | $230,000* List Price | 2 | 2 | 1,072 | $221 | - |
A 3455 Erva Street 219 Sold | $235,000 | 2 | 2 | 1,072 | $219 | 0.2 mi |
B 3320 S Fort Apache Road 223 Sold | $220,000 List Price | 2 | 2 | 1,149 | 0.4 mi | |
C 3320 S Fort Apache Road 132 Sold | $220,000 List Price | 2 | 2 | 1,149 | 0.4 mi | |
D 3320 S Fort Apache Road 239 Sold | $235,150 | 2 | 2 | 1,149 | $205 | 0.4 mi |
E 3320 FORT APACHE Road 101 Sold | $260,000 | 2 | 2 | 1,149 | $226 | 0.4 mi |
F 3320 S Fort Apache Road 224 Active | $264,900 List Price | 2 | 2 | 1,149 | $231 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property is in mostly original condition. The bathroom features dated oak cabinetry and laminate countertops, while the living areas show popcorn ceilings and older carpeting. While functional and well-maintained, the unit requires cosmetic updates to meet modern standards.
The property is ideally situated near Downtown Summerlin and the I-215 beltway, providing residents with quick access to top-tier shopping, dining, and major commuting routes.
As a first-floor unit, this condo offers excellent accessibility and convenience, eliminating the need for stairs and appealing to a broad demographic of buyers.
The HOA fee includes water and trash services while providing access to a robust suite of community features including a pool, spa, and tennis courts, enhancing the overall lifestyle value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5957, other record lot size in square feet = 3782.
The assigned middle and high schools carry average to below-average ratings, which may be a consideration for families prioritizing specific educational performance metrics.
Constructed in 1993, the home may feature older mechanical systems or interior finishes that could necessitate future capital improvements to meet modern efficiency standards.
First floor condo home with 2 bedrooms and 2 full baths. Plantation shutters throughout, covered parking space. Close to Downtown Summerlin with park, I215 and major shopping nearby. Amenities include community pool and spa, bbq area, and tennis courts. Water and trash are included in the HOA!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,072 | - |
| Lot Size | 5,957 | - |
| Price | $230.0K | $217.2K |
| Price per sq ft | $215 | $219 |
| Built year | 1993 | 0 |
| HOA | $268 | $0 |
| Days on market | 61 | 828 |
May 22, 2026
$230,000
Initial Listing