The Secret Luхurу Ηack in Vіzcаya: Glow-Up Insіde, Βargain Outside! Let’s be real for a second: the community might not be flexing ultra-luxe, mega-mansion energy, but step inside this gem, and you’ll completely forget the outside world exists! This updated upstairs condo is an absolute breath of fresh air—a sparkling, bright oasis hiding right in plain sight.
Why You’ll Love It:
**Zero Wall-Sharing Neighbors on 3 Sides: Maximum peace, minimum drama.
**The Ultimate Glow-Up: Fresh, crisp paint, sleek modern luxury vinyl plank flooring, and a cozy fireplace that screams chic comfort.
**Double the Balconies, Double the Vibe: One private outdoor spot for your morning espresso, another for evening cocktails.**Spacious **Primary Suite: Complete with a proper walk-in closet and en-suite bath for your private retreat. Comes with one of the balconies!
**Resort Energy: Steps from the pool, tennis/pickleball courts, and a clubhouse that's currently getting its own fabulous facelift!
It’s secure, low-maintenance, brightly lit (new lights), and utterly refreshing on the inside. Why pay top-dollar neighborhood markups when you can live like royalty indoors for a fraction of the price? Grab this rare find before someone else realizes what a steal it is!
Active
$254,900
5074 S Rainbow Blvd Unit 206, Spring Valley, NV 89118
3beds
1,163sqft
Condominium
Built in 1987
-- sqft lot
$250,400 Zestimate®
$219/sqft
$232/mo HOA
What's special
- 9 days |
- 360 |
- 19 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Julie Brown BS.0143837 (702)375-6554,
Local Realty
Source: LVR,MLS#: 2808015
Originating MLS: Greater Las Vegas Association of Realtors Inc
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Balcony,Walk-In Closet(s)
- Dimensions: 13x12
Bedroom 2
- Description: Closet
- Dimensions: 12x12
Bedroom 3
- Description: Closet
- Dimensions: 12x10
Primary bathroom
- Description: Tub/Shower Combo
Dining room
- Description: Family Room/Dining Combo
- Dimensions: 10x10
Great room
- Description: Vaulted Ceiling
- Dimensions: 19x12
Kitchen
- Description: Breakfast Bar/Counter,Laminate Countertops,Lighting Recessed,Luxury Vinyl Plank,Pantry,Solid Surface Countertops
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
- Laundry: Gas Dryer Hookup, Laundry Closet
Features
- Window Treatments
- Flooring: Luxury Vinyl Plank
- Windows: Window Treatments
- Number of fireplaces: 1
- Fireplace features: Gas, Great Room
Interior area
- Total structure area: 1,163
- Total interior livable area: 1,163 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Detached Carport, Open, One Space
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Balcony
- Exterior features: Balcony, Exterior Steps, Tennis Court(s)
- Pool features: Community
- Fencing: None
Lot
- Size: 7,731 Square Feet
- Features: Desert Landscaping, Landscaped, None
Details
- Parcel number: 16326110822
- 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
- Roof: Tile
Condition
- Year built: 1987
Utilities & green energy
- Electric: Photovoltaics None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Pool
- Security: Gated Community
- Subdivision: Trails Amd
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Fitness Center, Gated, Barbecue, Pool, Spa/Hot Tub, Tennis Court(s)
- Services included: Maintenance Grounds, Recreation Facilities, Security, Trash, Water
- HOA fee: $232 monthly
- HOA name: Vizcaya Association
- HOA phone: 702-795-3344
Location
- Region: Spring Valley
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $128,337
- Annual tax amount: $1,058
- Date on market: 8/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Condominium
Estimated market value
Zestimate®
$250,400
Estimated sales range
$238,000 - $263,000
Rent Zestimate®
$1,624/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $254,900+142.8%$219/sqft |
Source: | ||
| 9/13/2019 | Listing removed | $1,300$1/sqft |
Source: Local Realty #2125045 Report a problem | ||
| 8/31/2019 | Price change | $1,300-3.7%$1/sqft |
Source: Local Realty #2125045 Report a problem | ||
| 8/13/2019 | Listed for rent | $1,350$1/sqft |
Source: Local Realty #2125045 Report a problem | ||
| 12/30/2016 | Sold | $105,000-55.1%$90/sqft |
Source: Public Record Report a problem | ||
| 1/19/2007 | Sold | $233,900$201/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,061 +8% | $44,918 -0.3% |
| 2025 | $982 +7.9% | $45,068 -10% |
| 2024 | $910 +8.7% | $50,076 +33.5% |
| 2023 | $837 +8% | $37,504 +1.1% |
| 2022 | $775 +7.8% | $37,079 +1.1% |
| 2021 | $720 +6.8% | $36,678 +1.1% |
| 2020 | $674 +4.8% | $36,269 +31.4% |
| 2019 | $643 +6.9% | $27,607 0% |
| 2018 | $602 | $27,608 +1.1% |
| 2017 | $602 | $27,297 +1.8% |
| 2016 | $602 +3.6% | $26,802 +4.7% |
| 2015 | $581 | $25,609 +33.3% |
| 2014 | $581 | $19,205 |
| 2013 | -- | $19,205 +3.5% |
| 2012 | -- | $18,564 -14.5% |
| 2011 | -- | $21,707 +0.7% |
| 2010 | -- | $21,562 -46.8% |
| 2009 | -- | $40,538 |
| 2008 | -- | $40,538 -33.1% |
| 2007 | -- | $60,619 +30.4% |
| 2006 | -- | $46,503 |
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.Climate risks
Neighborhood: Spring Valley
Nearby schools
GreatSchools rating
- 7/10Marion B Earl Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Durango High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Earl, Marion B.,Earl, Marion B.
- Middle: Sawyer Grant
- High: Durango
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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A local agent can set up tours, give advice and negotiate with sellers.



