9470 Peace Way 115, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Las Vegas Condominium is a High-Potential Investment Opportunity, listed at $225,000—positioned well below the $308,508 Fair Market Value by 27%. This significant valuation gap provides $83,508 in Instant Equity. The unit maintains a Good Condition Rating, featuring a new HVAC system (2022) and luxury vinyl plank flooring throughout. With a dual-master layout, private patio, and access to the 8/10 rated Victoria Fertitta Middle School, it balances lifestyle convenience with strong financial upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-driven entry near Summerlin.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9470 Peace Way 115 Subject | $215,000* List Price | 2 | 2 | 895 | $240 | - |
A 9470 Peace Way 134 Sold | $220,000 | 2 | 4 | 895 | $246 | 0.0 mi |
B 10001 PEACE Way 2210 Sold | $174,900 List Price | 1 | 1 | 814 | 0.7 mi | |
C 10001 Peace Way 2210 Sold | $182,000 List Price | 1 | 1 | 814 | 0.7 mi | |
D 10001 Peace Way 1296 Sold | $274,900 | 2 | 2 | 1,078 | $255 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. While the kitchen and bathrooms retain their original 2000-era oak cabinetry, laminate countertops, and white appliances, the home has been updated with modern luxury vinyl plank flooring throughout and a brand-new HVAC system installed in 2022. These mechanical and cosmetic updates, combined with the overall clean condition, elevate it to the good category despite the dated aesthetic of the cabinetry and fixtures.
The installation of a new HVAC system in 2022 provides significant peace of mind and energy efficiency, which is a major value-add and cost-saving feature in the Las Vegas climate.
Situated just outside Summerlin with immediate access to the 215 Freeway and local shopping, this property offers high convenience and strong long-term resale potential.
The dual master suite configuration combined with luxury vinyl plank flooring throughout makes this an ideal low-maintenance home for roommates, guests, or rental investors.
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.
At 895 square feet, the interior living space is relatively small for a two-bedroom unit, which may feel restrictive for buyers with large furniture or those needing extra storage.
While the middle school is highly rated, the assigned high school has a lower rating of 4, which could be a deterrent for families prioritizing specific educational tracks.
THE PERFECT FIT! This cozy first floor... 2 bedroom condo is right outside of Summerlin, close to shopping and the 215 Freeway!!!*Luxury vinyl wooden planks throughout (No CARPET)*dual masters make this a great home for a roommate situation*all appliances included*patio off dining/living room*quiet gated community*swimming pool & spa* Water and Sewer included**NEW HVAC system installed in 2022
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 3.2 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 | 895 | 1,023 | 16% |
| Lot Size | 4,776 | 959 | 63% |
| Price | $215.0K | $236.0K | 39% |
| Price per sq ft | $240 | $231 | 64% |
| Built year | 2000 | 2000 | 50% |
| HOA | $280 | $200 | 88% |
| Days on market | 80 | 369 | 4% |
Apr 21, 2026
$215,000
$225,000
-4% Price Drop
Initial Listing
Feb 1, 2026
$225,000
Initial Listing