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$158,999Price reduced

Reduced from $164,999

510 Elm Drive #205Las Vegas, NV 89169

  • 2 beds
  • 2 baths
  • 770 sq ft
  • 3,145 sq ft lot
  • Built 1985

Listed by Michael Burr, Real Broker LLC, 702-853-2444

$206 per sq ft41 days on marketHOA $185/moIDX MLS 2808085

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About this home

Welcome to 510 Elm Dr #205— an extremely affordable 2 bedroom condo offering something increasingly difficult to find: an attainable home practically on the doorstep of the Las Vegas Strip. Walk toward Sphere, head down the street to the Las Vegas Convention Center, or be at Wynn and world-class dining, entertainment and nightlife in minutes. This is Vegas without needing a multimillion-dollar Strip address. It's all about - Location.

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Location, Location! Convention Center down the street. Sphere nearby. The Strip practically in your backyard. Whether you want a Vegas home base, full-time residence or simply want to live ridiculously close to the action without paying Strip prices, #205 delivers. Inside, the owner has transformed the original layout to create two sleeping areas, including a first-level bedroom/office with a Murphy bed for added flexibility. Loft area bedroom was upgraded with luxury vinyl plank.  Improvements continue with a NEW A/C system featuring three wall-mounted mini-splits, new water heater, new dishwasher, refreshed kitchen cabinetry and new kitchen lighting. Both bathrooms feature new toilets, sinks and faucets, along with new tub/shower surfaces, and tile walls. The spiral staircase was painted while additional plumbing, electrical and lock improvements have also been completed. Two levels. Two bedroom areas. Two bathrooms. Major upgrades. Gated community. Incredible location.

How does this home compare?

At $206 a square foot, this home is 18% below the ZIP 89169 median of $253. It is larger than 26% of the 139 homes for sale there.

  • Priced higher than21%
  • Larger than26%
  • Listed longer than58%

Compared with the 139 homes for sale in ZIP 89169 today, from the MLS listings on this site.

What has the price done?

Listed 41 days ago at $164,999. The price has come down once, $6,000 in all (4%).

  1. Listed$164,999
  2. Price cut $6,000$158,999

Facts and features

The home

Type
Condominium
Bedrooms
2
Bathrooms
2
Living area
770 sq ft
Stories
2
Year built
1985
Primary bedroom
Downstairs
Solar power
Yes

Inside

Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Luxury Vinyl Plank
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, and more
Laundry
Gas Dryer Hookup, Main Level
Features
Bathroomon Main Level, Bedroom On Main Level, Primary Downstairs, Window Treatments, Programmable Thermostat

The lot and outside

Lot
3,145 sq ft
Private pool
No
Spa
No
Pool
Association
Parking
Assigned, Covered, Detached Carport, Guest
Roof
Composition, Shingle
Built of
Drywall
Outside
Porch, Awnings, Sprinkler Irrigation
Facing
East

Costs

Property tax
$556 a year
HOA dues
$185 a month
HOA covers
Common Areas, Maintenance Grounds, Taxes

The community

Neighborhood
Paradise Colony
Gated
Yes

Schools

Elementary
Petersen, Dean
Middle
Orr William E.
High
Valley

As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD

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Jeremy DayFive Star Mortgage · NMLS 2819600
Or apply online with Jeremy

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Tour this home

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Free, no obligation. VIPhomes.Vegas confirms by text.

VIPhomes.VegasReplies the same day
Get pre-approved

Know your number before you tour

Sellers take offers with a pre-approval more seriously. Jeremy Day at Five Star Mortgage can usually pre-approve you within a day.

Jeremy DayFive Star Mortgage · NMLS 2819600
Or apply online with Jeremy

Optional. You are free to use any lender.

Where it is

Where is 510 Elm Drive #205?

In Paradise Colony, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Cost of ownership

What would this home cost each month?

At the list price of $158,999 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.

Estimated monthly payment $1,235
  • Principal and interest$804
  • Property tax$79
  • Home insurance$167
  • HOA dues$185

Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from VIPhomes.Vegas.

Fine print
  • Listing information from LVR IDX, refreshed October 11, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
  • The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.

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