9470 Peace Way 211, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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9470 Peace Way 211
Las Vegas, NV 89147
ACTIVE
CONDITION: FAIR
2Beds
2Baths
895Sq Ft
4,776Lot Size
Property Price
LIST PRICE$290,000
EST. MARKET VALUE
$302,809
4% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is listed at a List Price of $290,000, positioned well below the $289,463 Fair Market Value by 0%. While the property is priced at market, its Fair Condition Rating and original 2001 finishes provide a clear path for value-add modernization. Zoned for high-performing schools like Victoria Fertitta Middle School (Rating 8), the property offers long-term stability. This is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or first-time buyers looking to build equity through cosmetic updates.
Estimated Market Value
$302,809+$12,809 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2001 (23 years old), the property falls into the 'Fair' category as it is over 20 years old with mostly original features. While the flooring appears to be a recent laminate/LVP update, the kitchen retains original oak cabinetry, dated fluorescent light boxes, and older white appliances, indicating a need for modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the desirable 89147 zip code, this property offers excellent proximity to major thoroughfares and local amenities, providing a perfect balance of suburban tranquility and urban accessibility.
- Strong School Zoning
The property is zoned for highly-rated schools, including Victoria Fertitta Middle School (Rating 8), which is a significant draw for families and supports long-term resale value.
- Convenient Accessibility
The community features a welcoming environment with HOA policies that ensure smooth entry without the hassle of gate codes, facilitating easy access for residents and guests.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4776, other record lot size in square feet = 6766.
- Compact Living Area
At 895 square feet for a two-bedroom unit, the interior space may feel restrictive for buyers seeking larger living areas or extensive storage options.
- Potential for Modernization
Built in 2001 with no mention of recent upgrades to flooring or cabinetry, the unit may require additional capital investment to bring it up to modern aesthetic standards.
About 9470 Peace Way 211
Discover an exceptional living opportunity in this charming condominium, perfectly situated in a vibrant Las Vegas community. This inviting residence offers a seamless blend of comfort and convenience, ideal for those seeking a tranquil retreat with urban accessibility. The well-appointed interior features two spacious bedrooms and two full bathrooms, providing ample space for relaxation and privacy. Thoughtful details such as blinds and ceiling fan(s) enhance the living experience, ensuring year-round comfort. This single-story unit, encompassing 889 square feet, offers a practical layout designed for effortless living. Nestled within a desirable neighborhood, residents enjoy the benefits of a prime location, with easy access to local amenities and major thoroughfares. The community itself is welcoming, offering a serene environment without the hassle of gate codes, as HOA policies ensure smooth entry for all. Experience the best of Las Vegas living in a home that truly caters to a modern lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 4,776 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250 / Month
Neighborhood Insights
Las Vegas Unified Schools
Keith C & Karen W Hayes Elementary School
Grades PK-5 • 1.1 mi
6/10
Victoria Fertitta Middle School
Grades 6-8 • 1.4 mi
8/10
Durango High School
Grades 9-12 • 3.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 895 | 1,961.945 |
| Lot Size | 4,776 | 6,098 |
| Price | $290.0K | $486.0K |
| Price per sq ft | $324 | $259 |
| Built year | 2001 | 2002 |
| HOA | $250 | $83 |
| Days on market | 37 | 62 |
Pricing History
Listed for Sale
Aug 3, 2026
$290,000
Initial Listing