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  • Price cut: $5K (7/15)
    $149,999

    500 Elm Dr Unit 203, Las Vegas, NV 89169

    1beds
    770sqft
    : 
    $1,212/mo
    Get pre-qualified
    Condominium
    Built in 1985
    -- sqft lot
    $142,500 Zestimate®
    $195/sqft
    $185/mo HOA

    What's special

    Furnished upstairs condo just moments from the world-famous Las Vegas Strip and directly adjacent to the Las Vegas Convention Center. Perfectly positioned in the heart of Las Vegas, this gated community offers easy access to world-class dining, shopping, entertainment, and major resorts including Wynn, Encore, and Resorts World. This spacious upstairs unit features soaring vaulted ceilings and an expansive loft-style primary bedroom with a private bathroom measuring approximately 22x13. With 308 additional square feet compared to lower-level units, the open layout offers exceptional space and flexibility. Enjoy relaxing pool views from the private balcony, covered parking, and a prime location across from the golf course and near iconic destinations including Fashion Show Mall, Sphere, and Hughes Center. Whether you're seeking a primary residence, vacation getaway, or investment opportunity, this condo places you in the center of everything Las Vegas has to offer.*
    77 days
    |
    268
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Salvador Monroy S.0167727 (702)237-0125,

    LIFE Realty District

    Source: LVR,MLS#: 2783566MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Description: Ceiling Fan,Closet,Loft,Pbr Separate From Other,Upstairs
      • Dimensions: 13X11
      Dining room
      • Description: Dining Area
      • Dimensions: 10X10
      Kitchen
      • Description: Breakfast Bar/Counter,Laminate Countertops,Lighting Track,Linoleum/Vinyl Flooring
      • Dimensions: 9X9
      Living room
      • Description: Front
      • Dimensions: 12X12
      Heating
      • Electric, Multiple Heating Units, Wall Furnace
      Cooling
      • Central Air, Electric, 2 Units
      Appliances
      • Included: Electric Range
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Main Level
      Features
      • Ceiling Fan(s), Pot Rack, Skylights, Window Treatments
      • Flooring: Carpet, Linoleum, Vinyl
      • Windows: Blinds, Double Pane Windows, Drapes, Skylight(s), Window Treatments
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 770
      • Total interior livable area: 770 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Detached Carport, Guest
      • Carport spaces: 1
      Features
      • Stories: 1
      • Patio & porch: Balcony
      • Exterior features: Balcony
      • Pool features: Association
      • Fencing: None
      Lot
      • Size: 3,140 Square Feet
      • Features: Desert Landscaping, Landscaped, < 1/4 Acre
      Details
      • Parcel number: 16215211022
      • Zoning description: Multi-Family
      • Horse amenities: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: One Story
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Drywall
      • Roof: Tile
      Condition
      • Resale
      • Year built: 1985

      Utilities & green energy

      • Electric: Photovoltaics None
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities
      Green energy
      • Energy efficient items: Doors, Windows

      Community & HOA

      Community
      • Security: Gated Community
      • Subdivision: Paradise Colony
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Barbecue, Pool
      • Services included: Association Management, Insurance, Maintenance Grounds, Trash, Water
      • HOA fee: $185 monthly
      • HOA name: PARADISE COLONY
      • HOA phone: 702-869-0937
      Location
      • Region: Las Vegas

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $66,360
      • Annual tax amount: $561
      • Date on market: 5/22/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $142,500

        $135,000 - $150,000

        $1,485/mo

        Price history

        DateEventPrice
        7/15/2026Price change$149,999-3.2%$195/sqft
        Source: LVR #2783566 Report a problem
        5/22/2026Listed for sale$155,000+103.9%$201/sqft
        Source: LVR #2783566 Report a problem
        7/13/2004Sold$76,000$99/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$564 +8%$23,226 -3%
        2025$522 +7.9%$23,952 -6.5%
        2024$484 +7.9%$25,619 +18.4%
        2023$449 +7.9%$21,641 +4.7%
        2022$416 +7.8%$20,678 -7.3%
        2021$385 +6.9%$22,308 +12.5%
        2020$361 +4.8%$19,831 +20%
        2019$344 +6.9%$16,519
        2018$322 $16,519 -0.3%
        2017$322 $16,571 +5.2%
        2016$322 +3.9%$15,748 +6.2%
        2015$310 $14,825 +44.5%
        2014$310 $10,256
        2013-- $10,256 -8.6%
        2012-- $11,223 -23.8%
        2011-- $14,730 -10.4%
        2010-- $16,439 -36.2%
        2009-- $25,760
        2008-- $25,760 -29.6%
        2007-- $36,604 +57.4%
        2006-- $23,262 +22.4%
        2005-- $19,009 +10.8%
        2004-- $17,154 -5.2%
        2003-- $18,095 +6.1%
        2002-- $17,060 +2.6%
        2001-- $16,620
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Paradise

        Getting around

        71 / 100
        Very Walkable
        46 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Petersen, Dean,Petersen, Dean
        • Middle: Orr William E.
        • High: Valley

        Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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