Imagine living in this 702 sq ft loft-style condo offering the perfect blend of a convenient Las Vegas location and also practical comfort. Ideally located in a gated community less than a mile from UNLV and minutes from Harry Reid Airport, this 1-bedroom, 1-bath home is an exceptional opportunity for students, professionals, or investors. The thoughtfully designed layout features an open-concept living space with new flooring and a kitchen downstairs, while the private bedroom is tucked away upstairs and open to below. Enjoy the rare convenience of a 1-car garage for secure parking and/or extra storage, plus an assigned parking spot and plenty of guest parking! Community includes a pool—perfect for relaxing after a long day. With all appliances included and low-maintenance living, this property is move-in ready. Don’t miss your chance to own a stylish retreat in the heart of Las Vegas!
Active
Price cut: $29K (7/28)
$120,000
5125 Gray Ln APT B, Las Vegas, NV 89119
1beds
702sqft
Condominium
Built in 1977
-- sqft lot
$-- Zestimate®
$171/sqft
$240/mo HOA
What's special
Gated communityPrivate bedroomOpen-concept living spaceNew flooring
- 428 days
- 624
- 39
Zillow last checked:
Listing updated:
Listed by:
Kimberly T. McMahon S.0052734 (702)493-4644,
Real Broker LLC
Source: LVR,MLS#: 2698682
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Description: Ceiling Fan,Closet
- Dimensions: 11x13
Primary bathroom
- Description: Tub/Shower Combo
Kitchen
- Description: Breakfast Nook/Eating Area
Living room
- Description: Front
- Dimensions: 11x15
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Garage
Features
- Window Treatments
- Flooring: Carpet, Luxury Vinyl Plank
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 702
- Total interior livable area: 702 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage, Guest, Private
- Garage spaces: 1
Features
- Stories: 2
- Exterior features: Burglar Bar, Courtyard, Storm/Security Shutters
- Pool features: Community
- Fencing: Partial,Wood
Lot
- Features: Corner Lot, Desert Landscaping, Landscaped
Details
- Parcel number: 16227611164
- Zoning description: Single Family
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Two Story
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1977
Utilities & green energy
- Electric: Photovoltaics None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Underground Utilities
Community & HOA
Community
- Features: Pool
- Security: Gated Community
- Subdivision: Century Garden Sub Amd
HOA
- Has HOA: Yes
- Amenities included: Gated, Pool
- HOA fee: $240 monthly
- HOA name: Parkway Villas
- HOA phone: 702-433-0149
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $60,006
- Annual tax amount: $281
- Date on market: 7/6/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,086/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $120,000-19.5%$171/sqft |
Source:  LVR #2698682 Report a problem | ||
| 6/17/2026 | Price change | $149,000-6.8%$212/sqft |
Source: LVR #2698682 Report a problem | ||
| 9/26/2025 | Price change | $159,900-3.1%$228/sqft |
Source: LVR #2698682 Report a problem | ||
| 7/6/2025 | Listed for sale | $165,000+91.9%$235/sqft |
Source: LVR #2698682 Report a problem | ||
| 4/28/2020 | Sold | $86,000$123/sqft |
Source: LVR #2166524 Report a problem | ||
| 4/26/2020 | Pending sale | $86,000$123/sqft |
Source: Centennial Real Estate #2166524 Report a problem | ||
| 3/16/2020 | Listed for sale | $86,000$123/sqft |
Source: Centennial Real Estate #2166524 Report a problem | ||
| 3/16/2020 | Pending sale | $86,000$123/sqft |
Source: Centennial Real Estate #2166524 Report a problem | ||
| 3/14/2020 | Listed for sale | $86,000$123/sqft |
Source: Centennial Real Estate #2166524 Report a problem | ||
| 3/14/2020 | Pending sale | $86,000$123/sqft |
Source: Centennial Real Estate #2166524 Report a problem | ||
| 2/8/2020 | Price change | $86,000-3.4%$123/sqft |
Source: Centennial Real Estate #2166524 Report a problem | ||
| 1/18/2020 | Listed for sale | $89,000+48.3%$127/sqft |
Source: Centennial Real Estate #2166524 Report a problem | ||
| 10/7/2019 | Sold | $60,000-20%$85/sqft |
Source: LVR #2121344 Report a problem | ||
| 8/2/2019 | Listed for sale | $75,000+341.2%$107/sqft |
Source: Blackbird Realty & Management #2121344 Report a problem | ||
| 1/7/2017 | Listing removed | $695+6.9%$1/sqft |
Source: iProperties International #1853273 Report a problem | ||
| 4/8/2014 | Listing removed | $650$1/sqft |
Source: iHOUSEWeb Solutions, Inc #1410003 Report a problem | ||
| 2/27/2014 | Price change | $650-3.7%$1/sqft |
Source: iHOUSEWeb Solutions, Inc #1410003 Report a problem | ||
| 1/1/2014 | Listed for rent | $675$1/sqft |
Source: iHOUSEWeb Solutions, Inc #1410003 Report a problem | ||
| 7/26/2012 | Sold | $17,000-98.6%$24/sqft |
Source: LVR #1182563 Report a problem | ||
| 1/24/2012 | Sold | $1,190,600+9900%$1,696/sqft |
Source: Public Record Report a problem | ||
| 11/16/2011 | Sold | $11,906-85.3%$17/sqft |
Source: Public Record Report a problem | ||
| 4/25/2011 | Sold | $80,894-1.3%$115/sqft |
Source: Public Record Report a problem | ||
| 10/11/2005 | Sold | $82,000+110.6%$117/sqft |
Source: Public Record Report a problem | ||
| 3/30/1998 | Sold | $38,934-13.5%$55/sqft |
Source: Public Record Report a problem | ||
| 11/17/1995 | Sold | $45,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $304 +8% | $21,002 +3.8% |
| 2025 | $281 +7.7% | $20,235 -7.5% |
| 2024 | $261 +7.9% | $21,878 +26% |
| 2023 | $242 +7.9% | $17,359 +7.9% |
| 2022 | $224 +7.9% | $16,089 -0.8% |
| 2021 | $208 +7% | $16,213 +8.7% |
| 2020 | $194 +4.7% | $14,915 +20.2% |
| 2019 | $185 +6.8% | $12,405 |
| 2018 | $174 | $12,405 +7% |
| 2017 | $174 | $11,593 +3.5% |
| 2016 | $174 +1.1% | $11,197 +22.2% |
| 2015 | $172 +3.2% | $9,162 +23.9% |
| 2014 | $166 | $7,396 |
| 2013 | -- | $7,396 +42.6% |
| 2012 | -- | $5,185 -35.9% |
| 2011 | -- | $8,083 -2.8% |
| 2010 | -- | $8,317 -54.4% |
| 2009 | -- | $18,248 |
| 2008 | -- | $18,248 -23.3% |
| 2007 | -- | $23,788 +34.6% |
| 2006 | -- | $17,670 +41.2% |
| 2005 | -- | $12,516 +16.9% |
| 2004 | -- | $10,707 -1.2% |
| 2003 | -- | $10,840 +0.5% |
| 2002 | -- | $10,790 +1.2% |
| 2001 | -- | $10,660 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Paradise
Nearby schools
Schools provided by the listing agent
- Elementary: Ward, Gene,Ward, Gene
- Middle: Cannon Helen C.
- High: Del Sol HS
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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