California Relocators
- Urban walkable living at $300K–$700K vs. $700K+ in LA
- Zero state income tax saving $15K–$40K+ per year
- HOA-covered maintenance — no California-style upkeep surprises
- Our relocation team handles every step remotely
Las Vegas, Nevada
The Gramercy Condos & Townhomes For Sale
Nevada's #1 team for The Gramercy real estate. Search modern condos and townhomes in this boutique mixed-use mid-rise in southwest Las Vegas — walkable plaza, 215 Beltway access, and prices from $300K to $700K.
PRICE RANGE
$300K–$700K
Community plan record
MEDIAN LIST (89148)
$450K
NREG analysis of Las Vegas REALTORS MLS data, June 2026
TOTAL UNITS
320
Community plan record
MEDIAN DAYS ON MARKET (ZIP 89148)
27
NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 9, 2026
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
September 26, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
What Should You Know About The Gramercy at a Glance?
The Gramercy pairs 320 condos and townhomes priced $300K–$700K in a mixed-use mid-rise above a walkable plaza, with HOA dues of $300–$700/mo covering building services — per NREG’s MLS analysis data, benchmarked to Las Vegas city demographics from the U.S. Census. Five takeaways below explain what sets this southwest Las Vegas address apart.
- Mixed-use walkability: condos and townhomes sit above a plaza of restaurants and offices in the 215/Russell corridor — unusual walkability for southwest Las Vegas.
- Value-tier entry: from $300K to $700K, The Gramercy is one of the most accessible modern mid-rise addresses in the southwest Las Vegas valley.
- Best for: young professionals, investors, and California relocators who want lock-and-leave urban convenience with 215 Beltway access.
- HOA covers the basics: $300–$700/mo bundles pool, fitness, concierge, secured parking, water, and trash — no deferred maintenance surprises.
- Do your homework: building warrantability, the CC&Rs rental policy, and dues specific to your unit type all need early diligence before you go under contract.
Last updated June 2026 · Sources: NREG’s MLS analysis, U.S. Census, City of Las Vegas
Where Can I Find The Gramercy Condos for Sale?
The Gramercy's 320 units generate a steady but limited pool of active listings in the 89148 corridor, per NREG’s MLS analysis MLS data. The newest listings appear below, refreshed daily from the GLVAR feed — set an alert to see new units within hours of going active rather than after they are already under contract.
Homes for sale in ZIP 89148 near The Gramercy
- 6706 Desert Crimson Street, Las Vegas 89148 — $969,000 · 2 bd · 1.75 ba · 1,803 sq ft · Courtesy of Real Broker LLC
- 6335 Cheval Lake Way, Las Vegas 89148 — $344,990 · 2 bd · 2.5 ba · 1,364 sq ft · Courtesy of Galindo Group Real Estate
- 5981 Smith Valley Road, Las Vegas 89148 — $555,000 · 3 bd · 2.5 ba · 2,071 sq ft · Courtesy of Realty of America LLC
- 10005 Pebble Path Court, Las Vegas 89148 — $540,000 · 2 bd · 2 ba · 1,772 sq ft · Courtesy of Real Broker LLC
- 9514 Wild Valley Avenue, Las Vegas 89148 — $745,000 · 4 bd · 3.5 ba · 3,386 sq ft · Courtesy of IS Luxury
- 235 Hickory Heights Avenue, Las Vegas 89148 — $545,000 · 4 bd · 3.5 ba · 2,780 sq ft · Courtesy of Realty ONE Group, Inc
- 8861 Salvestrin Point Avenue, Las Vegas 89148 — $449,999 · 4 bd · 2.5 ba · 1,694 sq ft · Courtesy of Agents of Las Vegas
- 6336 Fence Post Street, Las Vegas 89148 — $629,888 · 6 bd · 4 ba · 3,010 sq ft · Active Under Contract · Courtesy of Platinum Real Estate Prof
- 262 Fox Lake Avenue, Las Vegas 89148 — $630,000 · 4 bd · 2.5 ba · 2,517 sq ft · Courtesy of Compass Realty & Management
- 6729 Quarterhorse Lane, Las Vegas 89148 — $398,000 · 2 bd · 2 ba · 1,468 sq ft · Courtesy of BHHS Nevada Properties
- 6881 Wood Clover Court, Las Vegas 89148 — $1,150,000 · 3 bd · 2 ba · 2,030 sq ft · Courtesy of Xpand Realty & Property Mgmt
- 6709 Titanium Crest Street, Las Vegas 89148 — $1,199,888 · 3 bd · 2.75 ba · 2,654 sq ft · Courtesy of Realty ONE Group, Inc
- 149 Tree Shot Court, Las Vegas 89148 — $485,000 · 4 bd · 3 ba · 2,276 sq ft · Courtesy of Change Real Estate, LLC
- 6700 REGENCY VALLEY Street, Las Vegas 89148 — $1,199,000 · 3 bd · 2.5 ba · 2,414 sq ft · Courtesy of Xpand Realty & Property Mgmt
- 369 Hillhead Court, Las Vegas 89148 — $550,000 · 3 bd · 2 ba · 1,848 sq ft · Courtesy of Coldwell Banker Premier
- 9830 Colenso Court, Las Vegas 89148 — $469,900 · 4 bd · 2.5 ba · 2,104 sq ft · Courtesy of Keller Williams MarketPlace
- 9726 Sweet Jasmine Drive, Las Vegas 89148 — $748,888 · 4 bd · 2.5 ba · 1,952 sq ft · Courtesy of Keller Williams MarketPlace
- 144 Tamarron Cliffs Street, Las Vegas 89148 — $895,000 · 5 bd · 4.5 ba · 5,202 sq ft · Courtesy of eXp Realty
- 236 Fox Lake Avenue, Las Vegas 89148 — $665,000 · 4 bd · 3 ba · 2,964 sq ft · Courtesy of Legacy Real Estate Group
- 115 Cora Hills Court, Las Vegas 89148 — $595,000 · 3 bd · 2 ba · 1,967 sq ft · Courtesy of Win Win Real Estate
- 8941 First Lady Avenue, Las Vegas 89148 — $372,000 · 3 bd · 2.5 ba · 1,484 sq ft · Courtesy of Souza10 Real Estate
- 686 Fynn Valley Drive, Las Vegas 89148 — $705,000 · 4 bd · 2.75 ba · 2,432 sq ft · Courtesy of Serhant
- 6176 Garden Crest Street, Las Vegas 89148 — $499,000 · 4 bd · 3.5 ba · 2,003 sq ft · Courtesy of Platinum Real Estate Prof
- 771 White Dogwood Court, Las Vegas 89148 — $599,000 · 4 bd · 3 ba · 2,461 sq ft · Courtesy of The Collection
Homes for rent in ZIP 89148 near The Gramercy
- 5887 Lustrous Court, Las Vegas 89148 — $1,995/month · 3 bd · 2.5 ba · 1,672 sq ft · Courtesy of Gavish Real Estate and PM
- 231 Cliff Valley Drive, Las Vegas 89148 — $3,195/month · 3 bd · 2 ba · 2,055 sq ft · Courtesy of New Era Realty LLC
- 3 Tall Ruff Drive, Las Vegas 89148 — $4,355/month · 5 bd · 4.5 ba · 4,117 sq ft · Courtesy of New Era Realty LLC
- 6888 Prairie Pearl Street, Las Vegas 89148 — $2,500/month · 3 bd · 2.5 ba · 1,764 sq ft · Courtesy of Coldwell Banker Premier
- 9139 Mackanos Avenue, Las Vegas 89148 — $2,100/month · 4 bd · 2.25 ba · 1,845 sq ft · Courtesy of BHHS Nevada Properties
- 9580 W Reno Avenue, Unit 124, Las Vegas 89148 — $1,520/month · 2 bd · 2 ba · 1,151 sq ft · Courtesy of HomePlus Realty LLC
- 10134 Reflection Brook Avenue, Las Vegas 89148 — $3,559/month · 6 bd · 3.25 ba · 3,574 sq ft · Courtesy of Turn Key Property Solutions
- 9473 W Diablo Drive, Las Vegas 89148 — $2,100/month · 4 bd · 2.5 ba · 2,074 sq ft · Courtesy of Desert Springs Realty LTD
- 7063 Pacific Coast Street, Las Vegas 89148 — $2,000/month · 3 bd · 2.5 ba · 1,568 sq ft · Courtesy of Engel & Volkers Las Vegas
- 9229 MILLIKAN Avenue, Las Vegas 89148 — $1,934/month · 3 bd · 2.5 ba · 1,421 sq ft · Courtesy of Turn Key Property Solutions
- 8777 W Maule Avenue, Unit 2128, Las Vegas 89148 — $1,395/month · 2 bd · 2 ba · 1,215 sq ft · Active Under Contract · Courtesy of Las Vegas Real Estate Speciali
- 8777 W Maule Avenue, Unit 2107, Las Vegas 89148 — $2,200/month · 2 bd · 1 ba · 841 sq ft · Courtesy of All Vegas Valley Realty
- 16 Dollar Pointe Avenue, Las Vegas 89148 — $3,850/month · 6 bd · 4.5 ba · 4,148 sq ft · Courtesy of ERA Brokers Consolidated
- 8694 Fringed Tulip Court, Las Vegas 89148 — $2,100/month · 4 bd · 1.75 ba · 1,494 sq ft · Courtesy of McKenna Property Management
- 9198 Valley Betica Avenue, Las Vegas 89148 — $2,686/month · 5 bd · 3 ba · 2,460 sq ft · Courtesy of Rentmax Property Management
- 9577 Brooks Lake Avenue, Las Vegas 89148 — $1,949/month · 3 bd · 2.5 ba · 1,462 sq ft · Courtesy of RE/MAX Legacy
- 7232 Eagles Pride Street, Las Vegas 89148 — $1,700/month · 3 bd · 2.5 ba · 1,301 sq ft · Courtesy of O'Harmony Realty LLC
- 8847 Sacred Falls Avenue, Las Vegas 89148 — $1,927/month · 2 bd · 2 ba · 1,288 sq ft · Courtesy of RE/MAX CENTRAL
- 9050 W Warm Springs Road, Unit 1128, Las Vegas 89148 — $1,450/month · 2 bd · 2 ba · 936 sq ft · Courtesy of Monarch Property Management &
- 9620 W Russell Road, Unit 1010, Las Vegas 89148 — $1,500/month · 2 bd · 2 ba · 1,044 sq ft · Courtesy of Compass Realty & Management
- 9044 Partridge Hill Street, Las Vegas 89148 — $1,845/month · 4 bd · 2.25 ba · 1,694 sq ft · Courtesy of NVWM Realty
- 9580 W Reno Avenue, Unit 212, Las Vegas 89148 — $1,425/month · 2 bd · 1.75 ba · 884 sq ft · Courtesy of The Mor Group
- 9050 W Warm Springs Road, Unit 2084, Las Vegas 89148 — $1,685/month · 2 bd · 1.75 ba · 972 sq ft · Courtesy of Northcap Residential
- 9744 Wailings Avenue, Las Vegas 89148 — $1,995/month · 3 bd · 2.5 ba · 1,527 sq ft · Courtesy of Nicklin Prop Mgmt & Inv Inc
See all listings in Las Vegas, NV
Listing information is provided through the MLS Internet Data Exchange program and is deemed reliable but not guaranteed. Inventory checked Oct 9, 2026, 3:34 PM Pacific; availability and prices may change.
PRICE DISTRIBUTION
How Do The Gramercy Units Break Down by Price?
The Gramercy's 320 residences span a $300K–$700K range that splits into standard condo units and larger townhome-style residences, per the community plan record and NREG’s MLS analysis MLS data. The bands below reflect where competition actually concentrates in this building.
Browse The Gramercy Listings
How Can You Find a Gramercy Unit by Type, Floor & Price?
The Gramercy's 320 units break into standard condos, upper-floor condos with unobstructed valley views, and multi-level townhome-style residences — spanning $300K to $700K across the southwest Las Vegas 89148 corridor. Each link below opens the live Las Vegas MLS search filtered by type, with counts updated daily from NREG’s MLS analysis MLS data.
Which Gramercy Unit Types Should You Explore?
Two primary unit formats make up The Gramercy: standard condo units from $300K and townhome-style residences from $550K. Upper-floor units in both formats carry view premiums worth comparing in person.
Condo · Modern Finishes
Standard Condo Units
Views · Higher FloorUpper-Floor Condos
Townhome · Multi-LevelTownhome-Style Residences
Luxury High-Rise · Guard-GatedOne Queensridge Place
Luxury High-Rise · Strip AdjacentTurnberry Place
All Mid-Rise & High-RiseLas Vegas High-Rise Market
Neighborhood · 215 CorridorSouthwest Las Vegas
Investor · Rental-EligibleLas Vegas Condo Investment
By Price Range
Updated daily · 305 active listings across ZIP 89148 · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New Gramercy Listings First?
Custom alerts by unit type, price, floor, and view orientation — no spam, unsubscribe anytime. With 320 units and a 55-day median market time, the right Gramercy unit at the right price can move before buyers checking weekly ever see it. Alert subscribers catch new listings within hours.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ buyers used NREG alerts last year
Create your alert
School planning
Which Schools Serve a Las Vegas Address?
Ask the district for the address-specific school assignment for the enrollment year, since boundaries change, and confirm it before you buy. Proximity to a school does not guarantee admission; charter, magnet and private schools set their own rules. Check CCSD school zoning · Nevada Report Card
CRIME DATA
How Can You Check Reported Crime Near a Home?
Ask the law-enforcement agency that serves the address for its current reports, and compare places only across the same reporting period, boundary and offense definitions. Missing records do not mean zero crime, the FBI cautions against ranking communities on crime totals alone, and a citywide figure does not describe a particular street.
FBI crime data resources · FBI guidance on comparing communities
Living In
What's It Like Living in The Gramercy?
The Answer
Living at The Gramercy means walking out the lobby into a plaza of restaurants and offices, then hopping the 215 Beltway for the rest of the valley in minutes. Services run through the City of Las Vegas, with Downtown Summerlin twenty-five minutes west and Harry Reid Airport fifteen minutes south.
What is The Gramercy known for?
The Gramercy is known for its mixed-use mid-rise format — modern condos and townhomes above a walkable plaza of restaurants and offices in the 215/Russell corridor — and its value-tier pricing of $300K–$700K that makes urban Las Vegas condo living accessible without a Strip-tower budget.
Who should live at The Gramercy?
Young professionals and remote workers who value walkability and 215 Beltway access, California relocators trading a small LA condo for a larger southwest Las Vegas residence at a fraction of the cost, and investors who want a 320-unit building with meaningful rental market liquidity.
What is daily life like?
Coffee and a quick lunch at the plaza below, a workout in the building fitness center, and errands handled without a car — then the 215 Beltway for Downtown Summerlin, the Strip, or the airport whenever the day calls for it.
Location
Where Is The Gramercy
The Gramercy sits in the 215/Russell Road corridor of southwest Las Vegas — ZIP 89148, City of Las Vegas. About 3 acres. Approximately 15 miles from the Las Vegas Strip, with immediate 215 Beltway access in all directions.
Strip
20
Min
Harry Reid Airport
15
Min
Downtown Las Vegas
25
Min
Downtown Summerlin
25
Min
Henderson
25
Min
The Gramercy
At a Glance$510,000
Median List Price (89148)
$300K–$700K
Community Price Range
320
Total Units
27
Median Days on Market (ZIP 89148)
- Setting
- Mixed-use mid-rise condo + townhome community
- Acreage
- ~3 acres
- Units
- 320
- Established
- 2008
- Developer
- Fifield Companies
- Entry
- Secured + concierge
- HOA
- $300–$700/mo
- Schools
- CCSD southwest + Bishop Gorman private
- Plaza
- Walkable restaurants + offices below
- Sunshine
- 300 days/year
- Distance to Strip
- ~20 min
Census Housing Data / The Gramercy
What Does the Census Show About Housing in The Gramercy?
According to the U.S. Census Bureau, the tiles below compare housing and population figures for The Gramercy and its surrounding area with the wider county. Each tile's label names the area it covers.
These are housing and population counts only. We don't describe who lives in a neighborhood or suggest which buyers it suits. Compare homes by their features, location, HOA terms and total cost, and use the Census source for the full tables.
~640
vs Spring Valley CDP 219,187
45%
vs Clark Co 58%
320
vs Clark Co ~860,000
$300K
vs Clark Co value $431K
Source: NREG community plan records & U.S. Census Bureau ACS 2020–2024 5-year estimates for the Spring Valley CDP (The Gramercy is not separately tabulated) · Updated
POPULATION & GROWTH
How Fast Is the The Gramercy Area Growing?
The Gramercy itself holds 320 units in a completed 2008-vintage building — growth happens through resales and rental turnover, not new supply. The surrounding Spring Valley CDP counted 215,597 residents in the 2020 Census and 219,187 in the ACS 2020–2024 estimate, and the 215/Russell southwest corridor remains one of the valley's most sought-after for urban convenience seekers.
219,187Spring Valley CDP residents (ACS 2020–24)
320Gramercy units (completed 2008)
87,156Spring Valley CDP households (ACS 2020–24)
Spring Valley CDP population, 2020–2024 (Census counts and ACS)
Inside The Gramercy, supply is capped at 320 units — a structural scarcity that protects well-bought positions over long holds. The surrounding 89148 corridor is one of southwest Las Vegas's most active condo submarkets, providing the liquid comps that keep resale pricing honest and transparent.
Sources: U.S. Census Bureau and City of Las Vegas. Spring Valley CDP figures shown because the Census does not tabulate the building separately. Spring Valley CDP: 2020 is the decennial Census count and the last bar the ACS 2020–2024 5-year estimate; the Census redrew this area between 2010 and 2020 (land area 33.2 sq mi in 2010, 35.5 in 2020), so 2010 is not comparable and is omitted. Last updated September 2026.
MARKET TRENDS · LAST 12 MONTHS
How Is the The Gramercy Area Real Estate Market Trending?
The charts below show Las Vegas citywide sold medians, market time, and monthly closings from NREG’s analysis of Las Vegas REALTORS MLS data — the liquid benchmark the 89148 corridor trades against. The Gramercy's 320 units in a single building provide a meaningful pool for trend analysis; the cards below summarize the building's key indicators alongside citywide context.
Median List Price
~$450,000 building median per NREG’s analysis of Las Vegas REALTORS MLS data — units range $300K entry to $700K townhome tier
vs October 2025
Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers
Days on Market
~55 median days — value-tier buyers comparison-shop broadly; well-priced units move faster
vs October 2025
Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers
Annual Sales Volume
Active seller market in the 89148 corridor; 320 units generates meaningful comp data unlike boutique buildings
vs October 2025
Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers
The long view: the median sold price in ZIP 89148 rose 74% between 2015 ($235,000) and 2021 ($410,000), across 7,305 recorded closings — Las Vegas REALTORS MLS records via Repliers.
27
MEDIAN DAYS ON MARKET
$510K
MEDIAN LIST PRICE
320
TOTAL UNITS
< 1 hr
OUR RESPONSE TIME
ACTIVE INVENTORY
Get matched with a
Gramercy specialist.
Market Competitiveness
How competitive is the The Gramercy market right now?
The Gramercy sits in a moderately competitive southwest Las Vegas condo market — 320 units generate steady turnover, median days on market run about 55, and pricing is transparent because the building has enough sales volume to produce reliable comps. The $300K–$700K range attracts comparison shoppers from across the southwest valley, so well-priced units move; overpriced listings sit.
- 55 daysMedian days on market (building)
- 320Total units in the building
- $300K–$700KActive listing range
- 89148Southwest Las Vegas ZIP corridor
Before You Buy
What Should You Compare Before Buying a Unit at The Gramercy?
Compare individual homes by the features, services, and total ownership costs that matter to you. The points below can help structure your property research before you make an offer.
Which Gramercy Unit Types Fit Your Buyer Profile?
Investors
- 320-unit building with meaningful rental market liquidity
- HOA-bundled costs simplify operating expense models
- Nevada zero income tax improves net yield
- Read the CC&Rs rental policy before you close
Lock-and-Leave Buyers
- No yard, HOA covers maintenance and building services
- Concierge handles building access for guests
- Pool and fitness inside the building — no club membership
- Fifteen-minute airport run makes frequent travel seamless
First-Time Buyers
- Entry from $300K — one of the most accessible modern addresses
- FHA loans available for qualifying units and buyers
- HOA-bundled costs make budgeting predictable
- Our team walks first-timers through building-specific financing
Downsizers
- No yard upkeep, no exterior maintenance responsibility
- Pool and fitness on-site without a club fee
- Townhome-style residences offer multi-level living without stairs at scale
- Bishop Gorman and Meadows School nearby for grandchildren
Best Fit For
- California relocators — urban walkable living at $300K–$700K, zero state income tax, and an HOA-covered maintenance model that removes the California upkeep variable.
- Investors — a 320-unit building with real rental-market liquidity, HOA-bundled operating costs, and Nevada's zero income tax on rental proceeds.
- Lock-and-leave buyers — no yard, no exterior maintenance, concierge, pool, and fitness — the urban convenience stack for frequent travelers.
- First-time buyers — one of the most accessible modern condo addresses in southwest Las Vegas, with FHA-eligible units and predictable HOA-bundled costs.
- Downsizers — multi-level townhome residences or single-level condo units, pool and fitness on-site, and a fifteen-minute airport run for travel-heavy retirements.
Ready to explore units at The Gramercy? Our team knows the building floor plans, view premiums, and HOA documents for every unit type.
Start Your Home SearchPros
- Mixed-use walkable plaza below the lobby — restaurants and offices steps from the building entrance
- Entry from $300K with HOA-bundled pool, fitness, concierge, and secured parking
- Zero state income tax and a 3% property-tax cap under NRS 361.4723
- Immediate 215 Beltway access — fifteen minutes to the airport, twenty to the Strip
- Bishop Gorman High School (A+) and The Meadows School (A+) within twenty minutes
- 320-unit scale provides reliable comps and liquid resale market
- Lock-and-leave HOA model eliminates exterior maintenance responsibility
Honest Considerations
- Security model is urban mid-rise, not guard-gated — buyers wanting staffed gates and patrols need to look at different communities
- Building warrantability must be confirmed before choosing a lender or financing structure
- The CC&Rs rental policy controls investment viability — read it before you close, not after
- Extreme summer heat — 105°F+ stretches July through September, like the rest of the valley
- Older 2008 vintage means some units carry dated finishes without a remodel budget factored in
Unit Type Comparison
How Do The Gramercy's Unit Types Compare?
A like-for-like comparison of The Gramercy's main unit categories — entry pricing, lifestyle fit, and who each suits — drawn from the community plan record and active-listing data via NREG’s MLS analysis. Honesty note: specific per-unit medians change frequently in a 320-unit building; entry points reflect the plan record and typical 2026 active-listing ranges.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Standard Condo Units | From $300K | n/a* | ~55 | n/a* | Entry · Investors · Professionals |
| Upper-Floor Condos | From $500K | n/a* | ~60 | n/a* | Views · Mid-Market Buyers |
| Townhome-Style Residences | From $550K | n/a* | ~65 | n/a* | Space · Multi-Level Living |
| Plaza-Level Access Units | From $300K | n/a* | n/a* | n/a* | Walkability · Convenience |
Source: NREG’s MLS analysis MLS data plus the NREG community plan record, June 2026. Per-unit $/SF and DOM figures reflect 89148 corridor benchmarks; building-specific data fluctuates with available inventory.
Unit Type Deep Dive
What's Inside The Gramercy's Unit Formats?
Submarket 1
Standard Condo Units
The core product — modern one- and two-bedroom condo units with open floor plans, contemporary finishes, and city or mountain views depending on orientation. The most accessible entry point in the building.
Browse Standard Condo Units homes →$300K+Median Price
~55Days on Market
n/a*Active Listings
n/a*Price / Sq Ft
Submarket 2
Upper-Floor Condos
Higher-floor units with unobstructed valley or mountain views carry a view premium worth comparing in person. These units move at a slightly slower pace than entry-tier condos; pricing precision matters.
Browse Upper-Floor Condos homes →$500K+Median Price
~60Days on Market
n/a*Active Listings
n/a*Price / Sq Ft
Submarket 3
Townhome-Style Residences
Multi-level townhome residences with dedicated entry foyers, larger square footage, and a more single-family feel within the mid-rise footprint. The building's most differentiated product — buyers compare these against small detached homes.
Browse Townhome-Style Residences homes →$550K+Median Price
~65Days on Market
n/a*Active Listings
n/a*Price / Sq Ft
Submarket 4
Plaza-Level Access Units
Lower-floor units with direct or near-direct access to the mixed-use plaza below — the most walkable addresses in the building for residents who want restaurants and offices without an elevator ride.
Browse Plaza-Level Access Units homes →$300K+Median Price
n/a*Days on Market
n/a*Active Listings
n/a*Price / Sq Ft
Submarket 5
The Mixed-Use Plaza — The Gramercy's Differentiator
The ground-floor mixed-use plaza sets The Gramercy apart from every other southwest Las Vegas mid-rise: restaurants, cafés, and professional offices built into the building base create a walkable live-work-dine environment that no residential-only building in the 89148 corridor can match. Owning here means your commute to the coffee shop is measured in steps, not miles.
Browse The Mixed-Use Plaza — The Gramercy's Differentiator homes →320Total Residences
2008Year Built
$300KEntry Price
215Beltway Access
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,061+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
STILL DECIDING?
Not sure which Gramercy
unit type fits?
BY ZIP CODE
How Does The Gramercy's ZIP Code (89148) Break Down?
ZIP code 89148 spans the southwest Las Vegas corridor around The Gramercy, mixing condo communities, single-family neighborhoods, and the 215 Beltway commercial strip. The table below situates The Gramercy within that broader market so buyers understand what the ZIP-area median means versus what the building itself delivers.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89148 | The Gramercy — mixed-use mid-rise condos + townhomes | $300K–$700K (plan range) | n/a* | ~55 | ~10 units typical | n/a* |
| 89148 | Southwest Las Vegas single-family corridor | From $400K–$550K | n/a* | ~45 | — | n/a* |
| 89148 | Other 89148 condo communities | From $250K–$500K | n/a* | ~50 | — | n/a* |
| 89148 | 215/Russell commercial and mixed-use corridor | Commercial — not residential | — | — | — | n/a* |
| 89148 | Full ZIP benchmark — all property types | ~$450,000 list | — | ~55 | Varies | n/a* |
Source: NREG’s MLS analysis MLS plus NREG corridor analysis. *Unit-level $/SF and year-over-year change are intentionally omitted where sample size is insufficient. Boundaries per Clark County GIS.
New Construction
Who Builds New Homes Near The Gramercy?
No new construction exists inside The Gramercy — the 320-unit Fifield Companies building completed in 2008 and today's opportunities are resales. Buyers who want new builds with condo or townhome profiles look to newer southwest Las Vegas master plans ten to twenty minutes away. Incentives change monthly — verify current offers before writing anything.
Family & Mid-Market
Lennar
Broadest southwest Las Vegas new-build selection
55+ Active Adult
Pulte / Del Webb
Active-adult alternative for downsizers comparing condo living
Family
Richmond American
Value-oriented new builds in the southwest corridor
Luxury & Move-Up
Toll Brothers
Closest luxury new-build profile to the Gramercy's townhome tier
Entry & Family
KB Home
Entry-tier new construction for buyers comparing condo vs. detached
Outdoor Recreation
What Outdoor Amenities Does The Gramercy Area Offer?
The Gramercy's southwest Las Vegas location puts the building pool and fitness center steps away and the valley's park and trail network within a quick drive. The City of Las Vegas maintains the surrounding park system, usable through 300 days of annual sunshine.
IN-BUILDING
Building Pool & Fitness Center
Resident amenityPool · Fitness · Common areasResidents
The building's pool deck and fitness center are the day-to-day outdoor-lifestyle core — steps from the lobby, no drive required.
5 MIN
The Park Las Vegas
~5 acresGreen space · Dining · ArtFree
The publicly accessible green space and dining district between T-Mobile Arena and Allegiant Stadium — a quick drive east on the 215.
20 MIN
Bellagio Fountains & Promenade
~8 acresWalking · GardensFree
The Strip's most iconic outdoor public space — the Bellagio fountain promenade and gardens, accessible by car or rideshare in twenty minutes.
20 MIN E
Sunset Park
~324 acresLake · Sports · TrailsFree
One of Las Vegas's largest parks — a lake, sports fields, walking trails, and picnic areas maintained by Clark County, twenty minutes east on the 215.
35 MIN
Red Rock Canyon NCA
~195,000 acresHiking · Scenic driveBLM fee
The Mojave's signature conservation area — the 13-mile scenic loop and world-class hiking managed by the Bureau of Land Management, thirty-five minutes northwest.
25 MIN W
Downtown Summerlin
Open-air districtShopping · Dining · EventsFree
The west valley's shopping, dining, and events hub — farmers markets, seasonal festivals, and Las Vegas Ballpark a twenty-five-minute drive west on the 215.
25 MIN NW
Lone Mountain Regional Park
~150 acresTrails · ViewsFree
A northwest Las Vegas regional park with desert hiking trails and panoramic valley views — a weekend option for Gramercy residents who want trails without the Red Rock drive time.
15 MIN
Allegiant Stadium / T-Mobile Arena
Entertainment venuesSports · ConcertsTicketed
Home of the Las Vegas Raiders and Golden Knights, both fifteen minutes east on the 215 — entertainment options that rarely require an overnight in the tourism corridor.
The Gramercy Lifestyle
What Does a Weekend at The Gramercy Look Like?
Three zones within twenty minutes of the lobby: coffee at the plaza-level restaurant below, an afternoon pool session on the building deck, and dinner anywhere on the Strip — with Red Rock Canyon's roughly 195,000 conservation acres per the Bureau of Land Management thirty-five minutes northwest when you want to escape the city entirely.
320Residences in the Building
$300KEntry Price Point
15 minTo Harry Reid Airport
2008Established by Fifield Companies
THIS WEEKEND'S OPEN HOUSES
Can You Tour The Gramercy This Weekend?
Open houses at The Gramercy run more frequently than at boutique or guard-gated buildings — 320 units in a mid-rise means sellers welcome broader exposure. Set up instant alerts to catch a new open house within hours, or browse every active listing now and request a private building tour with full floor-plan access.
Planning a move
What Should I Verify Before Moving to The Gramercy?
Budget around the specific home, not a community average. Before you compare the cost of a move to The Gramercy, get these in writing:
- The parcel's current tax bill and abatement status from the county assessor — a tax cap is not automatic.
- Lender, insurance and utility quotes for the exact address, plus the association's resale documents and any special assessments.
- The school assignment for the enrollment year, confirmed with the district.
- Your tax situation, reviewed by an adviser — California-source income can remain taxable after a move (Franchise Tax Board).
The full step-by-step relocation checklist, from timeline to first-week setup, is in one place.
Open the relocation guideECONOMY & JOBS
What Drives the The Gramercy Economy?
The Gramercy sits in the southwest Las Vegas professional economy: 215 Beltway access reaches the Strip employment core, the Henderson medical corridor, and the Summerlin campus. According to the U.S. Bureau of Labor Statistics, the Las Vegas metro remains historically strong, and community records put average household income here at $85,000+.
$85,000+Avg household income, The GramercyNREG community plan record
45%Owner-occupied householdsCommunity plan record
15 minTo Harry Reid AirportVia 215 Beltway south
20 minTo the Strip employment coreVia 215 east to I-15
Top Gramercy-Area Employers
- Strip resort corridor (I-15 and Las Vegas Blvd)The metro's hospitality and entertainment employment core, twenty minutes east on the 215
- Downtown Summerlin corporate and retail corridorOffices, headquarters, and the west side's retail employment hub, twenty-five minutes west
- Harry Reid International Airport and AllegiantMajor employer fifteen minutes south — aviation, logistics, and hospitality support
- Henderson medical and tech corridorDignity Health / St. Rose Dominican, the Henderson medical campus, and growing tech employers, twenty-five minutes southeast
- Clark County School District (southwest region)Area campuses including the southwest Las Vegas school zones
- Clark County governmentCounty administration, planning, and public services for the 89148 address
Sources: U.S. Bureau of Labor Statistics, City of Las Vegas. Last updated June 2026.
COMMUNITY COMPARISON
How Does The Gramercy Compare to Other Las Vegas Condo Options?
Weighing The Gramercy against other Las Vegas mid-rise and high-rise options, this side-by-side covers the metrics buyers ask about most, updated June 2026. The Gramercy wins on value and walkability; One Queensridge Place wins on amenity depth; Turnberry Place wins on Strip adjacency — sourced to LVR, U.S. Census, and FBI UCR.
| Metric | The Gramercy | One Queensridge Place | Turnberry Place | Las Vegas |
|---|---|---|---|---|
| Price Range | $300K–$700K | $500K–$5M+ | $400K–$3M+ | $476K median |
| Total Units | 320 | 219 | 380 | — |
| Entry Point | $300K | $500K | $400K | $200K+ |
| Security Model | Secured entry + concierge | Guard-gated + building concierge | Secured + concierge | Varies by community |
| Mixed-Use Walkability | Yes — plaza below | Adjacent (Tivoli Village) | Adjacent (Strip area) | Varies |
| HOA Range | $300–$700/mo | $1,500–$5,000+/mo | $1,000–$3,500+/mo | Varies |
| Best For | Value · Walkability · Professionals | Luxury · Scarcity · Guard-gated | Luxury · Strip adjacent | Selection · Diversity · Price range |
| Airport Drive | ~15 min | ~25 min | ~20 min | ~15–25 min |
Sources: NREG’s analysis of Las Vegas REALTORS MLS data, U.S. Census QuickFacts. Building figures are community plan record values; citywide statistics are Las Vegas-wide. Last updated June 2026.
Cost of Ownership
What Will The Gramercy Cost You Each Month?
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Illustrative Payment Estimator
Estimate Your Gramercy Payment
$3,438
Illustrative Monthly Payment
- Principal & Interest$2,694
- Property Tax$225
- Insurance$150
- HOA$200
- PMI$169
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
How should you compare buying with renting?
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Purchase worksheet
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Rental worksheet
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
Use scenarios rather than a promised break-even date
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
Which HOA charges apply to this address?
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Recurring charges
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Closing and special charges
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Rules and access
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
How Easy Is Getting Around From The Gramercy?
The 215 Beltway is The Gramercy's superpower: immediate access north, south, east, and west connects every major Las Vegas Valley destination. Mean Las Vegas commutes run about 25 minutes per U.S. Census ACS data — and most Gramercy destinations beat that comfortably thanks to the 215.
Drive Times from The Gramercy
- ~15 minHarry Reid International Airport215 Beltway south
- ~20 minLas Vegas Strip (midpoint)215 east → I-15 north
- ~25 minDowntown Las Vegas215 east → US-95 north
- ~25 minDowntown Summerlin215 west → Summerlin Pkwy
- ~25 minHenderson215 east → I-515 south
- ~15 minT-Mobile Arena / Allegiant Stadium215 east → Hacienda
- ~35 minRed Rock Canyon215 west → W Charleston Blvd
- ~55 minMt. Charleston215 west → US-95 north → SR-157
Transportation Options
Drive times are typical off-peak estimates for the route named; check live traffic before you rely on one.
Quick Answer
How long does it take to close on a unit at The Gramercy?
Most Gramercy purchases close in 30 to 45 days through a Nevada escrow company. Cash offers can close in 10 to 14 days. Financed buyers should confirm building warrantability and factor in HOA questionnaire turnaround — typically three to five business days — before choosing a lender or financing structure.
Quick Answer
What down payment do you need to buy at The Gramercy?
Most Gramercy buyers put down 10% to 20%. On a $450,000 unit, that runs roughly $45,000 (10%) to $90,000 (20%) at closing. FHA loans can work for qualifying primary-residence buyers at lower price tiers with as little as 3.5% down — but confirm building FHA approval first. VA loans allow 0% down for eligible veterans. Conventional financing is the most common path; confirm building warrantability with your lender before selecting a loan product.
The Gramercy FAQ — 17 Answers
What Do The Gramercy Buyers Most Frequently Ask?
Most AskedWhat is the price range at The Gramercy?
Residences at The Gramercy range from approximately $300,000 for standard condo units to $700,000 for larger townhome-style residences, per the community plan record. The market median tracks around $510,000 per NREG’s analysis of Las Vegas REALTORS MLS data, with units averaging about 27 days to sell. Floor, view, and unit type drive pricing within that band.
What are HOA fees at The Gramercy?
Monthly HOA fees at The Gramercy run $300 to $700 per month depending on unit type and sub-association, covering building maintenance, pool, fitness center, concierge, secured parking, water, trash, and common-area upkeep. Request the full resale package — current dues, reserve study, and any assessment history — early in escrow. Compare total monthly carrying cost, not just list price, when modeling your budget.
Is The Gramercy a mixed-use building?
Yes — The Gramercy is a boutique mixed-use mid-rise development in the 215/Russell corridor, with modern condos and townhome-style residences above a walkable plaza of restaurants and professional offices. That live-work-dine configuration is the core lifestyle proposition: errands, coffee, and dinner within steps of the lobby, plus quick access to the 215 Beltway for the wider valley.
How long does it take to close on a unit at The Gramercy?
Most Gramercy purchases close in 30 to 45 days through a Nevada escrow company. Cash offers can close in 10 to 14 days. Financed buyers should have their lender confirm building warrantability and condo project approval early — some Las Vegas mid-rise buildings require portfolio lenders or carry higher rates if the project is non-warrantable. Factor in HOA document review time when building your escrow calendar.
What are property taxes like at The Gramercy?
Nevada's effective property-tax rate runs approximately 0.5–0.7% of market value per the Clark County Assessor, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.4723 once the owner claims it (homes that are not owner-occupied get a cap of up to 8%). On a $510,000 Gramercy unit, that means roughly $2,550–$3,570 per year — a fraction of what a comparable urban condo carries in coastal California at the 1.0%+ effective rate.
Can I rent out my unit at The Gramercy?
The Gramercy's rental policy lives in its HOA bylaws and CC&Rs — minimum lease terms, any rental caps, and short-term rental restrictions are set by the board and can change. Never assume. Request the current rental policy documents during your contingency window; Nevada Real Estate Group can flag anything that affects your investment plan before you close. Call (702) 637-1759 for current building rental details.
What schools serve The Gramercy?
The Gramercy is zoned to Clark County School District campuses in the 89148 corridor. Private options include Bishop Gorman High School and The Meadows School, both rated A+ by GreatSchools and accessible within twenty minutes. Coral Academy of Science charter campuses offer a strong STEM track west of the 215. Always verify zoning for your specific unit address before making an offer, as CCSD boundaries shift periodically.
What amenities does The Gramercy offer residents?
The Gramercy delivers a practical urban amenity stack: pool, fitness center, concierge, secured entry, and controlled-access parking — all bundled into the HOA dues. The mixed-use plaza brings restaurants and professional offices into the building footprint. Compare the pool and fitness deck at peak hours before you commit — amenity quality varies across buildings in this price range, and The Gramercy's boutique scale means less crowding than larger towers.
Is The Gramercy guard-gated or secured?
The Gramercy features secured entry, concierge or front-desk staffing, surveillance, and controlled-access parking — a security stack appropriate for an urban mixed-use mid-rise. It is not a traditional guard-gated community in the patrol-and-wall sense of Queensridge or MacDonald Highlands, but building access is controlled at every entry point. Buyers prioritizing layered guard-gated security should compare against traditional gated communities ten to fifteen minutes away.
How does The Gramercy compare to One Queensridge Place and Turnberry Place?
The Gramercy wins on accessibility and price point: $300K–$700K units in a mixed-use walkable plaza, versus $500K–$5M+ at One Queensridge Place or $400K–$3M+ at Turnberry Place. The trade-off is unit size and amenity depth — those buildings offer full-service concierge and resort pools at a higher dues tier, while The Gramercy offers urban convenience at a lower carrying cost. Buyers choose The Gramercy for value, location, and walkability.
What Nevada tax advantages does The Gramercy offer buyers?
Nevada levies zero personal state income tax — a household earning $300,000 saves roughly $25,000 per year versus California's 13.3% top rate per the California Franchise Tax Board. Add the Clark County Assessor's 0.5–0.7% effective property-tax rate, the 3% annual primary-residence cap under NRS 361.4723, and no inheritance tax, and The Gramercy's carrying costs run well below a comparable California urban condo in any direction.
What views are available at The Gramercy?
Depending on floor and orientation, Gramercy units capture views of the Las Vegas Valley, the Spring Mountains, or the southwest corridor skyline. Higher floors and unobstructed west-facing exposures price toward the top of the $300K–$700K range and tend to resell faster. Compare multiple unit lines in person — listing photos rarely capture how sightlines and natural light vary across the building's floor plan matrix.
What is the walk score and lifestyle like at The Gramercy?
The Gramercy's 215/Russell mixed-use setting gives residents immediate walkability to the plaza-level restaurants and offices below — unusual in a southwest Las Vegas market built around driving. Grocery, dining, and fitness needs are met within steps. The 215 Beltway delivers the whole valley in minutes: Downtown Summerlin is twenty-five minutes west, the Strip is twenty minutes east, and Harry Reid Airport runs fifteen to twenty minutes south.
What should I know before buying at The Gramercy?
Four things matter most. First, warrantability: confirm your lender has condo project approval for this building before committing to financing terms. Second, the rental policy: read the CC&Rs before writing an offer if you plan to lease. Third, dues: $300–$700 monthly varies by unit type — get the exact figure for your unit early. Fourth, comps: with 320 units in the building, pricing is more transparent than a small enclave. Call (702) 637-1759 and we will pull the right comparables.
What down payment do you need to buy at The Gramercy?
Most Gramercy buyers put down 10% to 20%. On a $510,000 unit, that runs roughly $51,000 (10%) to $102,000 (20%) at closing. Conventional financing works if the building is warrantable — confirm project approval with your lender before shopping. FHA loans can work for primary-residence buyers at the lower price tiers; VA loans allow 0% for eligible veterans. Always verify the building's warrantability status first, as non-warrantable projects require portfolio lenders at higher rates.
What does monthly ownership cost at The Gramercy?
On a $510,000 purchase with 10% down at 7%, model roughly $3,060 in principal and interest, $225 in property taxes, $90 in insurance, $400 in HOA dues, and $200 in PMI — total carrying cost near $4,080 per month. HOA dues for your specific unit may run $300 to $700 depending on type; confirm before closing. Per Freddie Mac PMMS, rates change weekly — recalculate with your locked rate for precision.
Can Nevada Real Estate Group help me buy or sell at The Gramercy?
Yes — our team covers The Gramercy and the full southwest Las Vegas condo and mid-rise market. We pull building-specific HOA documents, advise on unit-line pricing and view premiums, connect buyers with lenders who have approved the building, and coordinate the resale package review during escrow. Call (702) 637-1759 or submit the form on this page and a specialist will respond within the hour.
Updated October 2026
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PEOPLE ALSO ASK
What Else Do People Ask About The Gramercy?
These are the eight queries Gramercy buyers actually type into Google and AI assistants — answered with specifics you can verify: market figures from NREG’s MLS analysis, tax law from the Nevada Revised Statutes, and community facts from the plan record.
Is The Gramercy a good investment in Las Vegas?
The Gramercy offers a reasonable value-tier condo investment: a $300K–$700K basis, 2008-vintage modern product, HOA-covered operating costs, and Nevada's zero state income tax on rental income. Check the CC&Rs rental policy first — investment returns depend entirely on what the building board allows for minimum lease terms and rental caps.
What ZIP code is The Gramercy in?
The Gramercy is in ZIP code 89148 — the southwest Las Vegas corridor along the 215/Russell Road intersection. That places it inside the City of Las Vegas with immediate 215 Beltway access, fifteen minutes from Harry Reid Airport and twenty minutes from the Strip.
Does The Gramercy allow short-term rentals?
Short-term rental policy at The Gramercy is set by the HOA CC&Rs and can change by board vote. Never assume short-term rentals are permitted — request the current rental policy documents during your contingency window before closing. The City of Las Vegas also regulates short-term rentals independently of the HOA; both layers apply.
How many units are in The Gramercy?
The Gramercy contains 320 residential units across the mixed-use mid-rise building, per the community plan record. The Fifield Companies completed the building in 2008; today's market is entirely resales — no new construction is possible within the existing building envelope.
Is The Gramercy a condo or townhome community?
Both — The Gramercy is a mixed-use mid-rise with standard condo units from $300K and multi-level townhome-style residences from approximately $550K. All units are condominiums in the legal sense, governed by the same HOA; townhome residences have multi-level layouts with dedicated entry foyers that feel more like single-family homes.
What is the address of The Gramercy Las Vegas?
The Gramercy is located in the 215/Russell Road corridor of southwest Las Vegas, ZIP 89148, in unincorporated Clark County. Call (702) 637-1759 or search the live listings on this page for the current unit addresses active on the MLS.
Can I get an FHA loan to buy at The Gramercy?
Possibly — FHA loans require the condo project to have FHA approval, which must be confirmed with your lender before committing to that financing path. FHA-approved buildings allow as little as 3.5% down for qualifying buyers. If the project is not currently FHA-approved, conventional or portfolio financing becomes the alternative. Our team can refer lenders who know The Gramercy's current approval status.
Is The Gramercy near the Las Vegas Strip?
The Gramercy is about twenty minutes from the midpoint of the Las Vegas Strip via the 215 Beltway — close enough for Strip events and dining without paying the Strip-adjacent price premium. The immediate neighborhood is southwest Las Vegas's professional residential corridor, not the entertainment district.
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Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
Which Communities Are Within 30 Minutes of The Gramercy?
Compare The Gramercy with neighboring Las Vegas high-rise and condo communities, plus nearby master plans. Each card pairs the commute time with price positioning so you can judge whether a different building or community actually buys you more home or amenity for the money.
More Las Vegas communities
- Metropolis Las Vegas
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- Turnberry Towers
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- Las Vegas Grand
- Regency Towers
- Vdara Residences
Shopping the whole city? Browse all Las Vegas homes for sale — live MLS listings updated daily.
A–Z INDEX
Which Las Vegas Mid-Rise and Condo Communities Can You Compare A–Z?
The Gramercy sits within the broader southwest Las Vegas and Las Vegas Valley condo market. The communities below are indexed alphabetically for orientation, and our team can pull current listings, HOA documents, and building-specific data for any of them on request.
L
- Las Vegas city
- Las Vegas High-Rise Market
- Las Vegas Condo Investment Guide
KEEP LEARNING
What Else Should You Read About The Gramercy?
These guides extend the research most Gramercy buyers do next — understanding the citywide Las Vegas condo market, weighing other southwest Las Vegas communities, and mapping the condo buying process — each written by our team from the same MLS data and primary sources used throughout this page.
MARKET GUIDE
Las Vegas Housing Market 2026
The citywide playbook — pricing, inventory, rates, and where the valley's momentum actually is this year.
Read →LUXURY COMPARISON
Summerlin vs Henderson Luxury Homes
How the valley's two luxury poles compare — useful context for buyers comparing The Gramercy against estate-tier alternatives.
Read →MARKET HUB
Las Vegas Community Hub
Citywide market data, every major Las Vegas community, and side-by-side comparisons in one place.
Read →NEIGHBORHOOD GUIDE
Best Las Vegas Neighborhoods 2026
The valley ranked by buyer type — families, first-timers, luxury, retirees — before you tour.
Read →Sources & Methodology
Where Does This Gramercy Data Come From?
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. The Gramercy's 320-unit scale provides meaningful comp data for the 89148 corridor — more transparent than boutique buildings, though individual unit-level figures still require a specific comp pull. Follow any link below to verify a claim.
- NREG analysis of Las Vegas REALTORS MLS data (via Repliers) — Median list and sold prices, days on market, active and closed counts for ZIP code 89148 and the southwest Las Vegas corridor. NREG market report
- U.S. Census Bureau — Spring Valley CDP population, income, age, and housing data (ACS 2020–2024 5-year estimates; The Gramercy is not tabulated separately). data.census.gov
- City of Las Vegas — City services, police coverage, short-term rental rules, and municipal planning for the 89148 address. lasvegasnevada.gov
- Clark County Assessor — Property tax rates, assessed values, and parcel data for the 89148 corridor. clarkcountynv.gov/assessor
- Nevada Revised Statutes 361.4723 — The 3% annual property-tax cap on primary residences. leg.state.nv.us
- Clark County School District (CCSD) — K-12 school boundary data, enrollment, and campus information for the 89148 address. ccsd.net
- FBI Uniform Crime Reporting (UCR) — Las Vegas violent and property crime rates, national comparisons. fbi.gov/ucr
- U.S. Bureau of Labor Statistics — Metro employment, unemployment, and wage data for the Las Vegas MSA. bls.gov
- GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for schools serving the 89148 corridor. greatschools.org
- Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator. freddiemac.com/pmms
Methodology: Listing counts, prices and days on market are NREG's analysis of Las Vegas REALTORS MLS data received through the Repliers feed; this page refreshes them about once a day, and each market figure carries its date or window. Census and BLS figures are the published vintage named beside them and change only when the agency releases new estimates. Confirm details for a specific home with its listing and the responsible agency.
Updated: October 2026 · Next update: October 15