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  • $254,900

    5074 S Rainbow Blvd Unit 206, Spring Valley, NV 89118

    3beds
    1,163sqft
    : 
    $1,891/mo
    Get pre-qualified
    Condominium
    Built in 1987
    -- sqft lot
    $250,400 Zestimate®
    $219/sqft
    $232/mo HOA

    What's special

    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!
    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#: 2808015MLS LogoOriginating 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

        $250,400

        $238,000 - $263,000

        $1,624/mo

        Price history

        DateEventPrice
        8/14/2026Listed for sale$254,900+142.8%$219/sqft
        Source: LVR #2808015 Report a problem
        9/13/2019Listing removed$1,300$1/sqft
        Source: Local Realty #2125045 Report a problem
        8/31/2019Price change$1,300-3.7%$1/sqft
        Source: Local Realty #2125045 Report a problem
        8/13/2019Listed for rent$1,350$1/sqft
        Source: Local Realty #2125045 Report a problem
        12/30/2016Sold$105,000-55.1%$90/sqft
        Source: Public Record Report a problem
        1/19/2007Sold$233,900$201/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Spring Valley

        Getting around

        55 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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